The Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Global Market Report 2023, provides comprehensive information on the location-based services (LBS) and real-time location systems (RTLS) market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Market’s Growth:
As per The Business Research Company’s Location-Based Services (LBS) And Real-Time Location Systems (RTLS) Global Market Report 2023, the market is expected to grow from $21.97 billion in 2022 to $27.28 billion in 2023 at a compound annual growth rate (CAGR) of 24.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The location-based services (LBS) and real-time location systems (RTLS) market is expected to grow to $64.48 billion in 2027 at a CAGR of 24%.
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The location-based services (LBS) and real-time location systems (RTLS) market is segmented:
1) By Component: Hardware, Software, Services
2) By Location Type: Indoor, Outdoor
3) By Application: Tracking And Navigation, Marketing And Advertisement, Location-Based Social Networks, Location-Based Health Monitoring, Other Applications
4) By End User: Manufacturing, Healthcare And Life Sciences, Media And Entertainment, Government, Retail, Transportation
North America was the largest region in the location-based services (LBS) and real-time location systems (RTLS) market in 2022.
The table of contents in TBRC’s location-based services (LBS) and real-time location systems (RTLS) market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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