Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market – Industry Trends and Forecast to 2028

  • ICT
  • Upcoming Report
  • Jun 2021
  • 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, Others), Component (Software, Services, Hardware), Location Type (Outdoor, Indoor), End-User (Government, Defense, Public Sector, Retail, E-Commerce, BFSI, Automotive, Transportation & Logistics, Industrial Manufacturing, Healthcare & Life Sciences, Media & Entertainment), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

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

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.

Rise in the use of location based mobile advertising is a crucial factor accelerating the market growth, also rise in the use of social media marketing, rise in the use of the services in various industrial verticals and rise in the research and development activities in the market acts as the major factors among others boosting the location-based services (LBS) and real time location systems (RTLS) market. Moreover, rise in the technological advancements and modernization in the production techniques and rise in the demand from emerging economies will further create new opportunities for location-based services (LBS) and real time location systems (RTLS) market in the forecast period mentioned above.

However, high cost associated with LBS and RTLS and lack of awareness and skilled expertise are the major factors among others restraining the market growth, and will further challenge the location-based services (LBS) and real time location systems (RTLS) market in the forecast period mentioned above.

This location-based services (LBS) and real time location systems (RTLS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on location-based services (LBS) and real time location systems (RTLS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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

Location-based services (LBS) and real time location systems (RTLS) market is segmented on the basis of technology, component, location type and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

On the basis of technology, location-based services (LBS) and real time location systems (RTLS) 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.

Based on component, the location-based services (LBS) and real time location systems (RTLS) market is segmented into software, services and hardware. Software has been further segmented into Geocoding and reverse geocoding, location and predictive analytics, reporting and visualization, database management and spatial etl and risk analytics and threat prevention. Service has been further segmented into deployment and integration, application support and maintenance and consulting and advisory services. Hardware has been further segmented into sensors and readers and tags and transponders.

Based on location type, the location-based services (LBS) and real time location systems (RTLS) market is segmented into outdoor and indoor.

The location-based services (LBS) and real time location systems (RTLS) market is also segmented on the basis of end-user into government, defense, public sector, retail, e-commerce, bfsi, automotive, transportation & logistics, industrial manufacturing, healthcare & life sciences and media & entertainment.

Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Scope Country Level Analysis

Location-based services (LBS) and real time location systems (RTLS) market is analysed and market size, volume information is provided by country, technology, component, location type and end-user as referenced above.

The countries covered in the location-based services (LBS) and real time location systems (RTLS) market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the location-based services (LBS) and real time location systems (RTLS) market due to rise in the growth of Artificial Intelligence (AI), Internet of Things, & cloud computing in this region.

The country section of the location-based services (LBS) and real time location systems (RTLS) market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Share Analysis

Location-based services (LBS) and real time location systems (RTLS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to location-based services (LBS) and real time location systems (RTLS) market.

The major players covered in location-based services (LBS) and real time location systems (RTLS) market 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 and Quuppa among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Customization Available : Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market 

Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.


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