Location-Based Services (LBS) and Real Time Location Systems Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028
The global Location-Based Service (LBS) and Real-Time Location Systems (RTLS) market size is expected to grow USD 20.0 billion in 2022 to USD 48.5 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 19.4% during the forecast period. Location-based Services (pounds) is a general term that refers to software services that use geographic data and information to provide services or information to users. Pounds can be used in a variety of situations,such as health , search for indoor objects,entertainment , work , personal life , etc. Real-time location tracking systems, also known as real-time location tracking systems, are typically used to automatically identify and track the location of an object or person in real time within a building or other embedded area.
Key Players
- AiRISTA Flow (US)
- Apple (US)
- Aruba Networks (US)
- CenTrak (US), Cisco (US)
- Ericsson (US), ESRI (US)
- GE Healthcare (US)
- Google (US)
- HERE (Netherlands)
- IBM (US)
- KDDI (Japan)
- Leantegra (US)
- Microsoft (US)
- Navigine (US)
- NTT Docomo (Japan)
By Type
- Platforms
- Hardware
- Services
- Professional Services
- Managed Services
By Application
- Tracking and Navigation
- Marketing and Advertisement
- Location-based Social Networks
- Location-based Health Monitoring
- Others
Scope of the Report
The research study analyzes the global Location-Based Services (LBS) and Real Time Location Systems Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Location-Based Services (LBS) and Real Time Location Systems Market Report
- What was the Location-Based Services (LBS) and Real Time Location Systems Market size in 2020 and 2021 ; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Location-Based Services (LBS) and Real Time Location Systems Market during the forecast period (2022-2028) ?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Location-Based Services (LBS) and Real Time Location Systems Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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