DBMR - ICT

Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market - Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Aug 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market 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), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026

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

Global Location-based services (LBS) and real time location systems (RTLS) market is set to witness a healthy CAGR of 28.76% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market can be attributed due to higher adoption rate of RTLS solutions in the various industrial verticals like healthcare, retail, manufacturing, and automotive.

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

Location-based services (LBS) refer to a service which takes into the account the geographical location of the user to provide information. It is widely used in the local news, directions, point of interest, asset tracking, etc. Real Time Location System (RTLS) refers to the use of electronic system to locate people or things. It is widely used in tracking fleets of vehicles, complex navigation services, asset tracking as well as personal tracking.

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

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

By Technology

  • Satellite
  • Microwave and Infrared Remote Sensing
  • OTDOA and E-OTD
  • RFID and NFC
  • Context-Aware Technology
  • Wi-Fi/WLAN
  • UWB
  • BT/BLE
  • Beacons
  • A-GPS
  • Others

By Hardware

  • Sensors and Readers
  • Tags and Transponders

By Component

  • Software
  • Services
  • Hardware

By Software

  • Geocoding and Reverse Geocoding
  • Location and Predictive Analytics
  • Reporting and Visualization
  • Database Management and Spatial ETL
  • Risk Analytics and Threat Prevention

By Service

  • Deployment and Integration
  • Application Support and Maintenance
  • Consulting and Advisory Services

By Location Type

  • Outdoor
  • Indoor

By End User

  • Government
  • Defense
  • Public Sector
  • Retail
  • E-Commerce
  • Banking, Financial Services & Insurance
  • Automotive
  • Transportation and Logistics
  • Industrial Manufacturing
  • Healthcare and Life Sciences
  • Media and Entertainment

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In May 2019, Kontakt.io and Quuppa announced their partnership for building a world class cutting edge locations solutions which will improve the accuracy and accessibility to the high quality portfolio of tags for RTLS
  • In May 2018, Living Map raised funding of 1.2 million euro from Committed Capital, Mercia Fund Managers and their existing shareholders. This fund would be used to expand the technology of the company’s existent products and to meet the rising demand for the map technologies service across various verticals in the industries.

Competitive Analysis

Global Location-based services (LBS) and real time location systems (RTLS) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Location-based services (LBS) and real time location systems (RTLS) market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global location-based services (LBS) and real time location systems (RTLS) market are 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.

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 analyzed and forecasted 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, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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


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