Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market to Witness High Demand Due to Increasing Demand for Geomarketing

Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market is expected to grow at 28.76% for 2019 to 2026with factors such as increasing privacy & security concerns and strict government rules & regulations is expected to hamper the market growth in the mentioned forecast period.

Location-based services (LBS) and real time location systems (RTLS) market has shown a significant adoption rate and preferences from the North- America region.Improvement in the infrastructure and growth of internet of things is expected to enhance the market growth in the region.

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.

Now the question is which are the regions that location-based services (LBS) and real time location systems (RTLS) market players should target? Data Bridge Market Research hasestimatedmarket leaders to target North America developing regions to help them in attaining better volume of revenue generation.

Location-based services (LBS) and real time location systems (RTLS) market is becoming more competitive every year with indoorcurrently being the largest market location type for the forecast period of 2019 to 2026. Data Bridge Market Research’s new reporthighlights the major growth factors and opportunities in the solvent market.

For more analysis on the location-based services (LBS) and real time location systems (RTLS) market, request for a briefing with our analystshttps://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-location-based-services-lbs-real-time-location-systems-rtls-market

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.

  • All country based analysis of the location-based services (LBS) and real time location systems (RTLS)market is further analyzed based on maximum granularity into further segmentation. On the technology, the market is segmented into 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 segment of the market is divided into sensors& readers and tags & transponders. Component segment of the market is bifurcated into software, services and hardware. Software segment is divided into geocoding & reverse geocoding, location & predictive analytics, reporting & visualization, database management and spatial ETL and risk analytics&threat prevention. Service segment of the market is divided into deployment & integration, application support & maintenance and consulting & advisory services. Location type segment of the market is divided into outdoor and indoor. The end- user segment of the market is bifurcated into government, defense, public sector, retail, e-commerce, BFSI, automotive, transportation & logistics, industrial manufacturing, healthcare & life sciences and media & entertainment.
  • A location-based service usually uses real-time geo-data from the smartphones so they can offer security or entertainment while real-time location system is a technology which is specially designed so they can detect present geolocation of the target. They are mainly used to detect or locate the things or object. Different services which are offered by them include consulting & advisory services, application support & maintenance, deployment & integration and others. They are widely used in industries such as industrial manufacturing, healthcare & life sciences, media & entertainment, e-commerce, public sector, and others.

To know more about the study https://www.databridgemarketresearch.com/reports/global-location-based-services-lbs-real-time-location-systems-rtls-market

Key Pointers Covered in the Location-Based Services (LBS) and Real Time Location Systems (RTLS)Market Industry Trends and Forecast to 2026

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Installed Base
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • 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
  • HERE
  • Teldio Corporation
  • Navigine
  • Living Map
  • Airista Flow, Inc.
  • GeoMoby
  • Quuppa Oy

Above are the key players covered in the report, to know about more and exhaustive list of location-based services (LBS) and real time location systems (RTLS) companies, contact us https://www.databridgemarketresearch.com/toc?dbmr=global-location-based-services-lbs-real-time-location-systems-rtls-market

Research Methodology: Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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