Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Size, Share, Analysis, Applications, Growth Insight, and Future Forecast – 2027

The global Location-based Service (LBS) and Real-Time Location Systems (RTLS) market is expected to grow USD 23 billion in 2021 to USD 58.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period.

The global Location-based Service (LBS) and Real-Time Location Systems (RTLS) market is gaining traction due growing demand for LBS and RTLS for industry-specific applications is expected to drive the overall growth Location-based Service (LBS) and Real-Time Location Systems (RTLS) market.

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Company Profile

  • Apple
  • Centrak
  • Cisco
  • GE Healthcare
  • Google
  • IBM
  • KDDI
  • Leantegra
  • Microsoft
  • Navigine
  • Oracle
  • Qualcomm
  • Stanley Healthcare
  • Zebra Technologies

Market – Segmentation

by Type

  • Indoor
  • Outdoor

by Application

  • Financial Services And Insurance
  • Defense
  • The Government
  • Medical
  • Industrial Production
  • Media
  • Retail
  • Transport
  • Other


Scope of the Report

The research study analyzes the Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:


Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

A full report Global Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market of is available at:  https://www.orionmarketreports.com/location-based-services-lbs-and-real-time-location-systems-rtls-market/38101/

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume



Key Questions Answered by Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Report


1. What was the Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market during the forecast period (2021-2027)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).

4. Which manufacturer/vendor/players in the Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market was the market leader in 2020?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.


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About Us:


Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

Media Contact:

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Contact Person: Mr. Anurag Tiwari
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(This release has been published on Global Market Post.
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