Global Location-Based Services System market

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Location-Based Services and Real Time Location
Systems Market
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Summary

• This study has been done on a global level
  covering four regions, namely, the Americas,
  Europe, Asia-Pacific (APAC), the Rest of the
  World (RoW) and is projected to grow from USD
  15.04 billion in 2016 to USD 77.84 billion by
  2021, at a Compound Annual Growth Rate (CAGR) of
  38.9 during the forecast period. The market is
  being driven by factors, such as increased focus
  on competitive intelligence and prompt
  availability of analytic tools. High upfront
  costs of Real-Time Location Systems (RTLS) is
  expected to be a restraining factor in the growth
  of the Location-Based Services (LBS) and RTLS
  market.

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Risk analytic and threat prevention software
projected to showcase the fastest growth in the
LBS and RTLS market

• LBS is based on several sensitive and personal
  location-based information, which require robust
  security from imminent threats. With advancements
  in LBS and RTLS technologies, these software
  solutions have become critical and are projected
  to have an increased demand from various sectors.
  Internet of Things (IoT) and connected vehicle
  concept is another area, where risk analytic and
  threat prevention software will play a major role.

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

• In rapidly growing economies, such as China and
  India, the growing demand for enhancing the
  supply chain operations and the governments
  efforts to standardize LBS and RTLS technologies
  are some of the growth drivers for the market.
  Additionally, huge population, developing
  technology hubs, and affluent countries, such as
  South Korea, Singapore, and Hong Kong have
  further enhanced growth prospects in this region.

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Research Coverage

• The report segments the LBS and RTLS market on
  the basis of location types, such as indoor and
  outdoor locations. By technology, such as
  satellite, microwave, and infrared remote
  sensing,
• Observed Time Difference of Arrival (OTDOA)
  Enhanced Observed Time Difference (E-OTD), Radio
  Frequency Identification (RFID) Near Field
  Communication (NFC), Context aware technology,
  WI-FI/WLAN, UWB, BT/BLE, Beacons, and A-GPS.

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• By hardware, such as sensors readers, tags
  transponders, and other hardware components. By
  software, such as geocoding reverse geocoding,
  Geospatial Transformation and Load (GTL),
  reporting visualization, location analytics,
  context accelerator geofencing, risk analytics,
  and threat prevention. By service, consulting
  advisory services, deployment integration, and
  application support maintenance.

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• By application area, such as Banking, Financial
  Services, Insurance (BFSI), defense, government
  public utilities, healthcare life sciences,
  industrial manufacturing, media entertainment,
  retail e-commerce, and transportation
  logistics.
• By region, such as the Americas, Europe, APAC,
  and RoW.

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Reason to Buy the Report

• 1. The report segments the LBS and RTLS market
  comprehensively and provides the closest
  approximations of the revenue numbers for the
  overall market the subsegments. The market
  numbers are further split across the different
  verticals and regions.

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• 2. This report will help them better understand
  the competitors and gain more insights to better
  position their businesses. There is a separate
  section on competitive landscape, including
  competitor ecosystem and mergers acquisitions.
  Besides, there are company profiles of 10 players
  in this market. In this section, market internals
  are provided that can put them ahead of the
  competitors. The report also covers a list of 10
  key innovators in the market.

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Full Report Real Time Location-Based Services
system market

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