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Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market Analytical Study: Regional Breakdown and Competitive Landscape

Submitted by dnNikhil on Fri, 12/08/2023 - 06:43

Implementing market research reports is becoming increasingly important for successful firms since they offer insights into sustainability initiatives and revenue growth. The market study on location-based services (LBS) and real-time location systems (RTLS) in the ICT sector takes into account a number of factors that have an impact on company expansion. In terms of market definition, market segmentation, significant market developments, competitive analysis, and research methodology using the best tools and techniques, the report provides a thorough analysis of the ICT sector. A strong location-based services (LBS) and real-time location systems (RTLS) market document provides you an edge over the competition and helps your organization flourish.
Widespread Location-Based Services (LBS) and Real Time Location Systems (RTLS) market research can be utilized to focus insights and industry realities, helping businesses stay on course. Outstanding market data, current market trends, product consumption, the environment, technological innovation, future prospects, emerging technologies, and the advancement of technology in the relevant industry are all included in this research. This study contains comprehensive research that was done to determine the market's potential both currently and in the future from a number of perspectives. The Real Time Location Systems (RTLS) and Global Location-Based Services (LBS) research also includes an accurate investment analysis that projects future potential for the ICT industry's market participants.
Location-based services (LBS) and real time location systems (RTLS) market will reach at an estimated value of USD 973.86 million by 2028 and grow at a CAGR of 28.71% in the forecast period of 2021 to 2028. Increase in the use of latest technologies like spatial data and Bi solutions acts as an essential factor driving the location-based services (LBS) and real time location systems (RTLS) market.
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Rise in the use of location based mobile advertising is a crucial factor accelerating the market growth, also rise in the use of social media marketing, rise in the use of the services in various industrial verticals and rise in the research and development activities in the market acts as the major factors among others boosting the location-based services (LBS) and real time location systems (RTLS) market. Moreover, rise in the technological advancements and modernization in the production techniques and rise in the demand from emerging economies will further create new opportunities for location-based services (LBS) and real time location systems (RTLS) market in the forecast period mentioned above.
However, high cost associated with LBS and RTLS and lack of awareness and skilled expertise are the major factors among others restraining the market growth, and will further challenge the location-based services (LBS) and real time location systems (RTLS) market in the forecast period mentioned above.
This location-based services (LBS) and real time location systems (RTLS) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on location-based services (LBS) and real time location systems (RTLS) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Some key players mentioned in the report are:
\ Cisco, Alphabet Inc., Microsoft, IBM Corporation, TomTom International BV, Oracle, Apple Inc., Esri, Telefonaktiebolaget LM Ericsson, Qualcomm Technologies Inc., Zebra Technologies Corp., Ubisense Ltd., CenTrak, Pitney Bowes Inc., Ekahau, Galigeo, HERE, Teldio Corporation, Navigine, Living Map, Airista Flow, Inc., GeoMoby and Quuppa
Key Insights that Study is going to provide:
• The 360-degree Location-Based Services (LBS) And Real Time Location Systems (RTLS) overview based on a global and regional level
• Market Share & Sales Revenue by Key Players & Emerging Regional Players
• A separate chapter on Market Entropy to gain insights on Leaders aggressiveness towards market [Merger & Acquisition / Recent Investment and Key Developments]
• May vary depending upon availability and feasibility of data with respect to Industry targeted
• Patent Analysis** No of patents / Trademark filed in recent years.
• A complete and useful guide for new market aspirants
• Forecast information will drive strategic, innovative and profitable business plans and SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations
• Various Location-Based Services (LBS) And Real Time Location Systems (RTLS) industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.
Key Market Segmentation:
By Technology (Satellite, Microwave & Infrared Remote Sensing, OTDOA & E-OTD, RFID & NFC, Context-Aware Technology, Wi-Fi/WLAN, UWB, BT/BLE, Beacons, A-GPS, Others), Component (Software, Services, Hardware), Location Type (Outdoor, Indoor), End-User (Government, Defense, Public Sector, Retail, E-Commerce, BFSI, Automotive, Transportation & Logistics, Industrial Manufacturing, Healthcare & Life Sciences, Media & Entertainment)
The countries covered in the Global Location-Based Services (LBS) And Real Time Location Systems (RTLS) Market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer Landscape
Geographic Landscape
Key leading countries
Vendor Landscape
Vendor Analysis
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