As the global economy mends, the 2021 growth of Location-Based Services (LBS) and Real Time Location Systems (RTLS) will have significant change from previous year. According to our (LP Information) latest study, the global Location-Based Services (LBS) and Real Time Location Systems (RTLS) market size is USD million in 2022 from USD 19910 million in 2021, with a change of % between 2021 and 2022. The global Location-Based Services (LBS) and Real Time Location Systems (RTLS) market size will reach USD 62000 million in 2028, growing at a CAGR of 17.6% over the analysis period.
The United States Location-Based Services (LBS) and Real Time Location Systems (RTLS) market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Location-Based Services (LBS) and Real Time Location Systems (RTLS) market, reaching US$ million by the year 2028. As for the Europe Location-Based Services (LBS) and Real Time Location Systems (RTLS) landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Location-Based Services (LBS) and Real Time Location Systems (RTLS) players cover Google, International Business Machines, Microsoft, and Oracle, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Location-Based Services (LBS) and Real Time Location Systems (RTLS) market by product type, application, key players and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022 in Section 2.3; and forecast to 2028 in section 10.7.
Hardware Equipment
Software System
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 10.8.
Auto Industry
Medical Treatment
Communication
Navigation
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report: Breakdown data in in Chapter 3.
Google
International Business Machines
Microsoft
Oracle
Esri
Zebra Technologies
Qualcomm Technologies
Ericsson
Teldio