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Global Location-Based Services System market

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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. – PowerPoint PPT presentation

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Title: Global Location-Based Services System market


1
Location-Based Services and Real Time Location
Systems Market
2
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.

3
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.

4
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5
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.

6
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.

7
  • 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.

8
  • 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.

9
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.

10
  • 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.

11
Full Report Real Time Location-Based Services
system market
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