Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market Exploring Future Growth 2021-2028 and Key Players IBM Corporation, TomTom International BV, Oracle, Apple Inc., Esri, Telefonaktiebolaget LM Ericsson, Qualcomm Technologies Inc., Z

Location-based services (LBS) and real time location systems (RTLS) market will reach at an estimated value of USD 973.86 million by 2028 and grow at a CAGR of 28.71% in the forecast period of 2021 to 2028. Increase in the use of latest technologies like spatial data and Bi solutions acts as an essential factor driving the location-based services (LBS) and real time location systems (RTLS) market. 

Location-based services (LBS) is defined as a service that takes into the account the geographical location of the user to provide information. It is extensively used in the directions, local news, point of interest, asset tracking among others. Real time location system (RTLS) is referred to the use of electronic system to locate people or things and is extensively used in tracking fleets of vehicles, complex navigation services, asset tracking as well as personal tracking.

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market Research Report 2021” presents an in-depth assessment of the Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2020 to 2027. The Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, Value-chain and market strategies.

Click HERE To get SAMPLE COPY OF THIS REPORT (Including Full TOC, Table & Figures) at@ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-location-based-services-lbs-real-time-location-systems-rtls-market

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market 2027 Top Players (Market Analysis, Opportunities, Demand, Forecasting)

Cisco, Alphabet Inc.,
Microsoft,
IBM Corporation,
TomTom International BV,
Oracle, Apple Inc.,
Esri, Telefonaktiebolaget LM Ericsson,
Qualcomm Technologies Inc.,
Zebra Technologies Corp.,

Based on technology, the global market is segmented into the following sub-markets with annual revenue for 2020-2027 (historical and forecast) included in each section.

By Technology (Satellite, Microwave & Infrared Remote Sensing, OTDOA & E-OTD, RFID & NFC, Context-Aware Technology, Wi-Fi/WLAN, UWB, BT/BLE, Beacons, A-GPS and others),

Hardware (Sensors & Readers, Tags & Transponders),

Component (Software, Services, Hardware),

Software (Geocoding & Reverse Geocoding, Location & Predictive Analytics, Reporting & Visualization, Database Management and Spatial ETL, Risk Analytics & Threat Prevention), Service (Deployment & Integration, Application Support & Maintenance, Consulting & Advisory services), Location Type (Outdoor, Indoor),

End User (Government, Defense, Public Sector, Retail, E-Commerce, BFSI, Automotive, Transportation & Logistics, Industrial Manufacturing, Healthcare & Life Sciences, Media & Entertainment),

Scope of the Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market

Location-based services (LBS) and real time location systems (RTLS)market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view. The balanced (most likely) projection is used to quantify global extended reality market in every aspect of the classification from perspectives of Technology, Component, Device Type, Industry Vertical, End-user, and Region.

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market with Key Factor Analysis:

Market Drivers:

The surge in the use of latest technologies like spatial data and Bi solutions is driving the growth of the market
The increase in the use of location based mobile advertising is boosting the market growth
The increasing use of social media marketing is driving the market growth
The increasing use of the services in various industrial verticals is driving the market growth

Market Restraints:

The high cost associated with LBS and RTLS is restricting the growth of the market
The legal and privacy concerns with the use of the technology is restricting the market growth
Lack of awareness and skilled expertise is hindering the growth of the market

Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Scenario

According to Data Bridge Market Research the location-based services (LBS) and real time location systems (RTLS) market in developing regions is witnessing a growth in terms of its adoption rate, due toincreasing demand for geomarketing, increasing usage in industrial application, rising penetration of smartphones, social media and other location based apps and growing usage in the various industrial applications.

Competitive Landscape :Cisco, Alphabet Inc., Microsoft, IBM Corporation, TomTom International BV, Oracle, Apple Inc., Esri, Telefonaktiebolaget LM Ericsson, Qualcomm Technologies Inc., Zebra Technologies Corp., Ubisense Ltd. , CenTrak, Pitney Bowes Inc., Ekahau, Galigeo. Galigeo, HERE, Teldio Corporation, Navigine, Living Map, Airista Flow, Inc., GeoMoby, Quuppa Oy, among others.

Browse in-depth TOC on “Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market“
60- Tables
220- Figures
350 – Pages

How will this Market Intelligence Report Benefit You?

The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
Exclusive insight into the key trends affecting the Location-Based Services (LBS) And Real Time Location Systems (RTLS) industry, although key threats, opportunities and disruptive technologies that could shape the Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market supply and demand.
The report tracks the leading market players that will shape and impact the Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market most.
The data analysis present in the Location-Based Services (LBS) And Real Time Location Systems (RTLS) report is based on the combination of both primary and secondary resources.
The report helps you to understand the real effects of key market drivers or restrainers on Location-Based Services (LBS) And Real Time Location Systems (RTLS) business.

Some of the Major Highlights of TOC covers: https://www.databridgemarketresearch.com/toc/?dbmr=global-location-based-services-lbs-real-time-location-systems-rtls-market

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Regional Market Analysis

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Production by Regions
Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Production by Regions
Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Revenue by Regions
Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Consumption by Regions

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Segment Market Analysis (by Type)

Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Production by Type
Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Revenue by Type
Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Price by Type

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Segment Market Analysis (by Application)

Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Consumption by Application
Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Consumption Market Share by Application (2014-2019)

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Major Manufacturers Analysis

Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Production Sites and Area Served
Product Introduction, Application and Specification
Location-Based Services (LBS) And Real Time Location Systems (RTLS) Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
Main Business and Markets Served

Read More:  https://www.databridgemarketresearch.com/reports/global-location-based-services-lbs-real-time-location-systems-rtls-market

For each of the aforementioned regions and countries, detailed analysis and data for annual revenue (demand and production) are available for 2020-2027. The breakdown of all regional markets by country and the key national markets by Technology, Component, and Industry Vertical over the forecast years are also included.

Conclusion: The Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market report is a valuable source of guidance and direction. It is helpful for established businesses, new entrants in the Location-Based Services (LBS) And Real Time Location Systems (RTLS) market as well as individuals interested in the market. New Investment Feasibility analysis is included in the report.

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints
Key Market players involved in this industry
Detailed analysis of the Market Segmentation
Competitive analysis of the key players involved

Contact Us

US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email – corporatesales@databridgemarketresearch.com

About Data Bridge Market Research, Private Ltd

Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.

Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”

Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries includes

This release was published on openPR.