Emergen Research has recently published a new report on the Global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market that offers key insights about the regional and global scope of the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) market. It offers key details about the recent product launches, technological advancements, supply and demand ratio, and regulatory framework. The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period.
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.
The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The report also discusses the key players involved in the market such as AiRISTA Flow, Inc., Apple Inc., Hewlett Packard Enterprise Development LP, CenTrak, Inc., Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Esri, GE HealthCare, Google, and HERE
Additional information offered by the report:
- Along with a complete overview of the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key Market contenders.
The competitive analysis also includes regional analysis of major geographical regions. The report covers regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The report also offers a country wise analysis to impart better understanding of the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market with regards to market share, market size, production and consumption ratio, product launches and R&D activities, investment opportunities, and presence of key players in the region.
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You need to discover how this will impact the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market today, and over the next 10 years:
- Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – Now.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) market expected to boost the growth of the industry in the coming years.
Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market Segmentation:
Component Outlook (Revenue, USD Billion; 2019–2032)
Location Type Outlook (Revenue, USD Billion; 2019–2032)
Application Outlook (Revenue, USD Billion; 2019–2032)
- Tracking and Navigation
- Marketing and Advertising
- Location-Based Social Networks
- Location-based Heath Monitoring
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Highlights of Table of Contents (TOC):
- Overview of Global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market
- Competitive analysis of the Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market
- Regional analysis of Global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market production and revenue
- Regional analysis of Global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market supply, consumption, and export & import
- Type-based market analysis of global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) production, revenue, and price trends
- Application-based analysis of the global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market
- Conclusion of the research report
Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.
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