Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market by Type, Application, Deployment, Key Customers, Offerings, Vertical and Geographic Till 2025
The Report Titled Location-based services (LBS) and Real Time Location Systems (RTLS) Market Brings an Analytical view of the Location-based services (LBS) and Real Time Location Systems (RTLS) performance in the global as well as the regional scenario. In a detailed chapter-wise format, the Location-based services (LBS) and Real Time Location Systems (RTLS) study figure out various aspects corresponding to the international and local Location-based services (LBS) and Real Time Location Systems (RTLS) market. To start with, the Location-based services (LBS) and Real Time Location Systems (RTLS) Market definition, applications, classification, and Location-based services (LBS) and Real Time Location Systems (RTLS) industry value chain structure are included in the report, to update target audience on binding Location-based services (LBS) and Real Time Location Systems (RTLS) dynamics including drivers, restraints, threats, opportunities, trends, applications, geographical/regional Automotive Adhesives, and competitive landscape.
Market Definition: Global Location-based services (LBS) and real time location systems (RTLS) Market
Location-based services (LBS) is a location based software which requires the real location of the mobile device and through this the user can easily get information about different locations for instance, the nearest hospital, bank or ATM. Real time location systems (RTLS) helps in detecting the current geographical location of an object. RTLS and LBS are widely applicable in BFSI, defense, government and public utilities, healthcare and life sciences, industrial manufacturing, media and entertainment, retail and e-commerce, transportation and logistics, and others. Higher adoption of business intelligence and increasing market competitiveness may act as the major driver in the growth of location-based services (LBS) and real time location systems (RTLS) market. On the other side, lack of awareness, expertise, and other operational challenges may hamper the market.
Top Key Players/Vendors:
FACTORS DRIVING GROWTH IN THE GLOBAL LOCATION-BASED SERVICES (LBS) AND REAL TIME LOCATION SYSTEMS (RTLS) MARKET
One of the most useful applications in location based service is ability to locate an individual calling on emergency number 911 in U.S. 112 in EU.
According to the study it was found that in around 30 days of time span around 74.6% of adult smartphone users used google maps.
It is forecasted that the number of smart phone user will reach to around 2.1 billion by 2020. And 9 out of 10 individual uses location related information on smartphone. It shows that smart phone and the location based service and real time location are linked with each other. With the increase in technology this market is expected to grow at a very higher rate.
Social location services and location based advertising were the top areas of interest in 2016 and will continue to be so in 2017.
According to the statistics in 2017, Uber has 17.7 million users in U.S. who access uber using smartphones. In 2016 it was seen that Uber has great rise in its trips i.e. from 1.6 million to 5.5 million in just 6 months from January to August 2016. It shows that with an increase in Uber users there will increase in use for real time location as well location base service too as Uber is mostly a location based app.
According to data published by globalwebIndex, google maps is the most used location based app. 54% of the global smartphone users use google location app in a month. As per this there are around 1billion google maps active users and this number is expected to increase in future thus giving this market a strong platform and expected high growth in future.
Major Market Drivers:
Key Questions Answered in Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market Report:-
Our Report offers:-
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Market Segmentations:
Global Location-based services (LBS) and real time location systems (RTLS) Market is segmented on the basis of
on the basis of Location Type into indoor location and outdoor location..
On the basis of Technology, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into satellite, microwave, and infrared remote sensing, OTDOA and E-OTD, RFID and NFC, context-aware technology, Wi-Fi/WLAN, UWB, BT/BLE, beacons, and A-GPS, and others.
On the basis of Hardware, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into sensors and readers, tags and transponders, and others.
On the basis of Software, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into geocoding and reverse geocoding, geospatial transformation and load, reporting and visualization, location analytics, context accelerator and geofencing, risk analytics and threat prevention, and others.
On the basis of Service, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into consulting and advisory services, deployment and integration, and application support and maintenance.
On the basis of Application Area, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into BFSI, defense, government and public utilities, healthcare and life sciences, industrial manufacturing, media and entertainment, retail and e-commerce, transportation and logistics, and others.
On the basis of Geography,
The report for location-based services (LBS) and real time location systems (RTLS) market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Market Definition: Global Location-based services (LBS) and real time location systems (RTLS) Market
Location-based services (LBS) is a location based software which requires the real location of the mobile device and through this the user can easily get information about different locations for instance, the nearest hospital, bank or ATM. Real time location systems (RTLS) helps in detecting the current geographical location of an object. RTLS and LBS are widely applicable in BFSI, defense, government and public utilities, healthcare and life sciences, industrial manufacturing, media and entertainment, retail and e-commerce, transportation and logistics, and others. Higher adoption of business intelligence and increasing market competitiveness may act as the major driver in the growth of location-based services (LBS) and real time location systems (RTLS) market. On the other side, lack of awareness, expertise, and other operational challenges may hamper the market.
Top Key Players/Vendors:
- Cisco Systems, Inc.
- Google, Inc.
- IBM Corporation
- Microsoft Corporation
- Oracle
- ESRI
- ZIH Corp
- Qualcomm Technologies, Inc.
- Ericsson
- Teldio Corp.
- and others.
- Increasing use of technologies:
One of the most useful applications in location based service is ability to locate an individual calling on emergency number 911 in U.S. 112 in EU.
According to the study it was found that in around 30 days of time span around 74.6% of adult smartphone users used google maps.
It is forecasted that the number of smart phone user will reach to around 2.1 billion by 2020. And 9 out of 10 individual uses location related information on smartphone. It shows that smart phone and the location based service and real time location are linked with each other. With the increase in technology this market is expected to grow at a very higher rate.
- Higher adoption of location-based apps among consumers:
Social location services and location based advertising were the top areas of interest in 2016 and will continue to be so in 2017.
According to the statistics in 2017, Uber has 17.7 million users in U.S. who access uber using smartphones. In 2016 it was seen that Uber has great rise in its trips i.e. from 1.6 million to 5.5 million in just 6 months from January to August 2016. It shows that with an increase in Uber users there will increase in use for real time location as well location base service too as Uber is mostly a location based app.
According to data published by globalwebIndex, google maps is the most used location based app. 54% of the global smartphone users use google location app in a month. As per this there are around 1billion google maps active users and this number is expected to increase in future thus giving this market a strong platform and expected high growth in future.
Major Market Drivers:
- Availability of spatial data and analytical tools
- Higher adoption of business intelligence and increasing market competitiveness
- Increasing use of technologies
- Increasing applications in numerous industry sectors
- Higher adoption of location-based apps among consumers
- High upfront costs of real-time location systems
- Lack of awareness, expertise, and other operational challenges
Key Questions Answered in Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market Report:-
Our Report offers:-
- What will the market growth rate, Overview and Analysis by Type of Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market in 2024?
- What are the key factors driving, Analysis by Applications and Countries Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market?
- What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market?
- Who are Opportunities, Risk and Driving Force of Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market?
- Who are the opportunities and threats faced by the vendors in Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market? Business Overview by Type, Applications, Gross Margin and Market Share
- What are the Global Location-based services (LBS) and Real Time Location Systems (RTLS) Market opportunities, market risk and market overview of the Market?
Customize report of "Global Location-based services (LBS) and real time location systems (RTLS) Market" as per customers requirement also available.
Market Segmentations:
Global Location-based services (LBS) and real time location systems (RTLS) Market is segmented on the basis of
- Location Type
- Technology
- Hardware
- Software
- Service
- Application Area
- Geography
on the basis of Location Type into indoor location and outdoor location..
On the basis of Technology, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into satellite, microwave, and infrared remote sensing, OTDOA and E-OTD, RFID and NFC, context-aware technology, Wi-Fi/WLAN, UWB, BT/BLE, beacons, and A-GPS, and others.
On the basis of Hardware, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into sensors and readers, tags and transponders, and others.
On the basis of Software, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into geocoding and reverse geocoding, geospatial transformation and load, reporting and visualization, location analytics, context accelerator and geofencing, risk analytics and threat prevention, and others.
On the basis of Service, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into consulting and advisory services, deployment and integration, and application support and maintenance.
On the basis of Application Area, the global location-based services (LBS) and real time location systems (RTLS) market is segmented into BFSI, defense, government and public utilities, healthcare and life sciences, industrial manufacturing, media and entertainment, retail and e-commerce, transportation and logistics, and others.
On the basis of Geography,
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
The report for location-based services (LBS) and real time location systems (RTLS) market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Speak to Author of the report @ http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-location-based-services-lbs-real-time-location-systems-rtls-market
Other Report
Global Geotechnical Instrumentation & Monitoring Market – Industry Trends and Forecast to 2024
Global Geotechnical Instrumentation & Monitoring Market, By Geography; Offering (Hardware, Software, Services); Structure (Tunnels Bridges, Buildings Utilities, Dams); Technology (Wired Networking Technology, Wireless Technology); Application (Pore Water Pressure, Soil Stresses, Lateral Deformation, Vertical Deformation), End-Users (Building, Infrastructure, Energy, Power, Oil, Gas, Mining) – Industry Trends and Forecast to 2024
Report Access: http://databridgemarketresearch.com/reports/geotechnical-instrumentation-monitoring-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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