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

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

Higher adoption of business intelligence and increasing market competitiveness to play a significant role in augmenting the growth prospects in the location-based services and real-time location systems market.

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

This Insight Report provides a comprehensive analysis of the global Location-Based Services (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 Services (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 Services (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 Services (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 Services (LBS) and Real Time Location Systems (RTLS).

The global Location-Based Services (LBS) and Real Time Location Systems (RTLS) market size is projected to grow from US$ 19910 million in 2022 to US$ 62000 million in 2029; it is expected to grow at a CAGR of 17.6% from 2023 to 2029.

The APAC region is expected to have the highest CAGR during the forecast period.

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

Market Segmentation:

Segmentation by type
Hardware Equipment
Software System

Segmentation by application
Auto Industry
Medical Treatment
Communication
Navigation
Other

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.
Google
International Business Machines
Microsoft
Oracle
Esri
Zebra Technologies
Qualcomm Technologies
Ericsson
Teldio

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