Global Location-Based Service (LBS) and Real-Time Location Systems (RTLS) Market Growth (Status and Outlook) 2023-2029

Global Location-Based Service (LBS) and Real-Time Location Systems (RTLS) Market Growth (Status and Outlook) 2023-2029

The global Location-Based Service (LBS) and Real-Time Location Systems (RTLS) market size is projected to grow from US$ 20840 million in 2022 to US$ 67400 million in 2029; it is expected to grow at a CAGR of 18.3% from 2023 to 2029.

United States market for Location-Based Service (LBS) and Real-Time Location Systems (RTLS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Location-Based Service (LBS) and Real-Time Location Systems (RTLS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Location-Based Service (LBS) and Real-Time Location Systems (RTLS) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Location-Based Service (LBS) and Real-Time Location Systems (RTLS) players cover AiRISTA Flow (US), Apple (US), Aruba Networks (US), CenTrak (US), Cisco (US), Ericsson (US), ESRI (US), GE Healthcare (US) and Google (US), etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Location-based service (LBS) is a location information service based on mobile devices. It determines the user's location by using technologies such as GPS, WiFi, and Bluetooth, and provides information and services related to the location. LBS has a wide range of applications, including navigation, maps, social networking, advertising and marketing, etc.

Real-time location system (RTLS) is a technology that can track and monitor the location of objects, people or dynamic assets in real time. It can be realized by using technologies such as RFID, sensors, and wireless networks to improve efficiency in production efficiency, logistics management, safety monitoring, etc.

LPI (LP Information)' newest research report, the “Location-Based Service (LBS) and Real-Time Location Systems (RTLS) Industry Forecast” looks at past sales and reviews total world Location-Based Service (LBS) and Real-Time Location Systems (RTLS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Location-Based Service (LBS) and Real-Time Location Systems (RTLS) sales for 2023 through 2029. With Location-Based Service (LBS) and Real-Time Location Systems (RTLS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Location-Based Service (LBS) and Real-Time Location Systems (RTLS) industry.

This Insight Report provides a comprehensive analysis of the global Location-Based Service (LBS) and Real-Time Location Systems (RTLS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Location-Based Service (LBS) and Real-Time Location Systems (RTLS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Location-Based Service (LBS) and Real-Time Location Systems (RTLS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Location-Based Service (LBS) and Real-Time Location Systems (RTLS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Location-Based Service (LBS) and Real-Time Location Systems (RTLS).

This report presents a comprehensive overview, market shares, and growth opportunities of Location-Based Service (LBS) and Real-Time Location Systems (RTLS) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Platform
Services
Hardware

Segmentation by application
Manufacturing
Tourism and Hospitality
Healthcare and Life Sciences
Media and Entertanment
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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)
Oracle (US)
Qualcomm (US),
Quuppa (Finland)
Sewio Republic (Czech Republic)
Spime (US)
ldentec Group (Liechtenstein)
Infor (US)
Tele Tracking Technologies (US)
MYSPHERA (Spain)
Stanley Healthcare (US)
Teldio (Canada)
TomTom (Netherlands)
Ubisense (UK)

Please note: The report will take approximately 2 business days to prepare and deliver.