Global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market research report by Emergen Research offers strategic insights into the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) market business sphere and in-depth analysis of the industrial chain analysis, value chain analysis, upstream raw materials, investment strategies, regional expansions, and competitive landscape. For stakeholders, field marketing executives and product owners planning to maintain a competitive edge the market assessment report brings to light essential impression about the growth rate, share and size of the industry during the estimated period. Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.
Location-Based Services (LBS) and Real-Time Location Systems (RTLS) are two distinct technologies that have revolutionized the way we live and work. LBS is a mobile application that utilizes the location of a user to provide relevant information, while RTLS is a system that tracks the location of assets or people in real-time. The market for these technologies has been growing rapidly in recent years, driven by a number of factors.
The global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) market size is expected to reach USD 113.27 Billion in 2032 and register a steady revenue CAGR of 17.6% during the forecast period, according to latest analysis by Emergen Research. The increasing adoption of smartphones and mobile devices, along with the growth of IoT technology, are some of the major factors driving the market growth. Additionally, the need for better supply chain management and the growing demand for location-based advertising are also contributing to the expansion of the LBS and RTLS market.
One of the major drivers of the market is the increasing demand for location-based advertising. Location-based advertising allows businesses to target potential customers in a specific location, based on their interests and preferences. According to a report by the Interactive Advertising Bureau, 70% of consumers are more likely to make a purchase from a business that uses location-based advertising. This has led to an increased adoption of LBS technology by businesses across various industries.
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Key companies operating in the market include:
AiRISTA Flow, Inc., Apple Inc., Hewlett Packard Enterprise Development LP, CenTrak, Inc., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Esri, GE HealthCare, Google, and HERE
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
What does this Report Deliver?
Market Estimation for 20+ Countries
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global and Country Market Trends
Comprehensive Mapping of Industry Parameters
Attractive Investment Proposition
Competitive Strategies Adopted by Leading Market Participants
Market drivers, restraints, opportunities, and their impact on the market
Market growth rate till 2028
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019–2032)
- Platform
- Services
- Hardware
Location Type Outlook (Revenue, USD Billion; 2019–2032)
- Outdoor
- Indoor
Application Outlook (Revenue, USD Billion; 2019–2032)
- Tracking and Navigation
- Marketing and Advertising
- Location-Based Social Networks
- Location-based Heath Monitoring
- Others
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2032
- Forecast Years: 2024-2032
Each section of the report reveals critical information about the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market that could be used to ensure strong growth in the coming years. Our unique blend of primary and secondary research techniques helped us to recognize hidden business opportunities available in the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market , besides collecting significant insights of market participants and obtaining precise market data. It includes several research studies such as manufacturing cost analysis, absolute dollar opportunity, pricing analysis, company profiling, production and consumption analysis, and market dynamics.
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Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market research report depicts the latest market scenario with updated trends and segmentation of the products and services. The study provides crucial information on the market situation, size, share, growth factors of the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market
Overview of the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market Report:
- Introduction, Product Scope, Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
- In-depth analysis of the risks, restraints, and limitations in the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market industry
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TOC of the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market report:
Chapter 1, describes the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market , along with the sales, revenue, and price of Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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