Report overview
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.
This report aims to provide a comprehensive presentation of the global market for Location-Based Services (LBS) and Real Time Location Systems (RTLS), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Location-Based Services (LBS) and Real Time Location Systems (RTLS). This report contains market size and forecasts of Location-Based Services (LBS) and Real Time Location Systems (RTLS) in global, including the following market information:
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Location-Based Services (LBS) and Real Time Location Systems (RTLS) market was valued at US$ 20940 million in 2023 and is projected to reach US$ 60090 million by 2029, at a CAGR of 16.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The APAC region is expected to have the highest CAGR during the forecast period.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Location-Based Services (LBS) and Real Time Location Systems (RTLS) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Segment Percentages, by Type, 2023 (%)
Hardware Equipment
Software System
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Segment Percentages, by Application, 2023 (%)
Auto Industry
Medical Treatment
Communication
Navigation
Other
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Location-Based Services (LBS) and Real Time Location Systems (RTLS) revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Location-Based Services (LBS) and Real Time Location Systems (RTLS) revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google
International Business Machines
Microsoft
Oracle
Esri
Zebra Technologies
Qualcomm Technologies
Ericsson
Teldio
Outline of Major Chapters:
Chapter 1: Introduces the definition of Location-Based Services (LBS) and Real Time Location Systems (RTLS), market overview.
Chapter 2: Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) market size in revenue.
Chapter 3: Detailed analysis of Location-Based Services (LBS) and Real Time Location Systems (RTLS) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Location-Based Services (LBS) and Real Time Location Systems (RTLS) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
