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Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market by Component (Hardware, Software and Services), Location Type (Indoor and Outdoor), Vertical, Region - Global Forecast to 2024

  • ID: 4832917
  • Report
  • Region: Global
  • 166 Pages
  • Markets and Markets
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The Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market to Grow from USD 16.0 Billion in 2019 to USD 40.0 Billion by 2024, at a CAGR of 20.1%

FEATURED COMPANIES

  • AiRISTA Flow
  • CenTrak
  • Esri
  • Google
  • Microsoft
  • Qualcomm
  • MORE

Various applications of geospatial data to drive the LBS and RTLS market growth

Generally, spatial data represents the location, size, and shape of objects present on Earth, such as buildings, lakes, mountains, or townships. It is considered that spatial data and analysis is extremely essential for companies to understand changing business trends and challenges across regions, which significantly drives market growth. The processing time in decision-making is often long, leading to flawed assumptions, which limits the applicability of information. The increasing awareness among business executives about the benefits of LBS and RTLS analytics has further bolstered the growth of the market. LBS and RTLS solutions assist business executives in processing vast volumes of spatial data and gathering real-time insights into various business functionalities, which, in turn, helps companies to quickly tackle changing business conditions. For example, in the retail industry, spatial data enables retailers to uncover relationships between stores, products, and customer types - across a range of different parameters or metrics - that affects sales performance.

By component, services segment to account for a higher market share during the forecast period

By component, the services segment is expected to hold a higher market share than the hardware and software segment during the forecast period. The services play a tricky part in the overall LBS and RTLS implementation process, especially for RTLS. Knowing the installation and maintenance details before deploying RTLS solutions plays a crucial role in determining the exact time and cost investment required to install the solution. For instance, some RTLS installations may take months and can affect staff productivity in environments, such as hospitals by creating interference and obstruction in the workplace. On the other hand, some solutions such as Wireless Fidelity (Wi-Fi)-based RTLS solutions can be integrated with the existing wireless network infrastructure of the facility and therefore, require a shorter installation time. Other than installation and maintenance services, professional services, such as consulting, Return on Investment (RoI) analysis, and site inspection are also included in the services segment.

By service, deployment, and integration segment to hold a larger market size during the forecast period

Among services, the deployment and integration segment is expected to hold a larger market size than the application support and maintenance, and consulting and advisory services segment during the forecast period. Deployment and integration services take care of seamless integration of each location-based software and system, regardless of its technology. System integration provides facilities and frameworks for the integration of various platforms with third-party environments. This integration allows applications to run on other platforms and make indoor location-based solutions efficient and quick.

Among regions, Asia Pacific to grow at the highest CAGR during the forecast period

The market in the Asia Pacific (APAC) is projected to grow at the highest CAGR during the forecast period, owing to the massive potential for the applications of LBS and RTLS solutions in sectors, such as government and public utilities, manufacturing, transportation and logistics, and retail. The existence of a large population, developing technology, and high growth in countries, such as China, India, Australia, Japan, Singapore, and Hong Kong are the major contributing factors for the growth of the LBS and RTLS market in the APAC region. Organizations in APAC are focusing on customer interests and preferences. The usage of smartphones and internet is widely used as a major means of connectivity.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the LBS and RTLS market.

The breakup of the profiles of the primary participants is given below:

  • By Company Type: Tier 1 - 42%, Tier 2 - 26%, and Tier 3 - 32%
  • By Designation: C-Level - 40%, Director Level - 35%, and Managers-25%
  • By Region: North America - 45%, Europe - 25%, APAC - 20%, and RoW - 10%

The following key LBS and RTLS vendors are profiled in the report:

  • Aruba Networks (US)
  • Cisco (US)
  • Google (US)
  • Esri (US)
  • IBM (US)
  • Microsoft (US)
  • Oracle (US)
  • TomTom (Netherlands)
  • Teldio (Canada)
  • HERE (Netherlands)
  • Ericsson (Sweden)
  • Foursquare (US)
  • Navigine (US)
  • AiRISTA Flow (US)
  • Quuppa (Finland)
  • Ubisense (UK)
  • Apple (US)
  • Qualcomm (US)
  • STANLEY Healthcare (US)
  • GE Healthcare (US)
  • CenTrak (US)
  • Spime (US)
  • KDDI (Japan)
  • NTT Docomo (Japan)
  • Zebra Technologies (US)

Research Coverage

The LBS and RTLS market is segmented by component (hardware, software and services), location type (indoor and outdoor), vertical, and region. A detailed analysis of the key industry players has been undertaken to provide insights into their business overviews; services; key strategies; new service and product launches; partnerships, agreements, and collaborations; business expansions; and competitive landscape associated with the LBS and RTLS market.

Reasons to Buy the Report

The report would help the market leaders and new entrants in the following ways:

  • It comprehensively segments the LBS and RTLS market and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different regions.
  • It would help stakeholders understand the pulse of the market and provide information on the key market drivers, restraints, challenges, and opportunities in the market.
  • It would help stakeholders understand their competitors better and gain more insights to enhance their positions in the market. The competitive landscape section includes competitor ecosystem, new service developments, partnerships, and acquisitions.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AiRISTA Flow
  • CenTrak
  • Esri
  • Google
  • Microsoft
  • Qualcomm
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Market Forecast
2.4 Competitive Leadership Mapping Research Methodology
2.5 Research Assumptions and Limitations
2.5.1 Assumptions for the Study
2.5.2 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Location Based Services Market
4.2 Market By Component, 2019
4.3 Market By Solution, 2016-2024
4.4 Market By Service, 2019 Vs. 2024
4.5 Market By Deployment Type, 2019-2024
4.6 Market By Fleet Type, 2019-2024
4.7 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1 Restraints
5.2.2 Opportunities
5.2.3 Challenges
5.3 Future Outlook: Location Based Services Market
5.4 Value Chain Analysis
5.5 Standards and Regulations
5.6 Ecosystem and Key Target Audience
5.7 Use Cases of LBS and RTLS

6 Location Based Services Market, By Component
6.1 Introduction
6.2 Software
6.2.1 Geocoding and Reverse Geocoding
6.2.2 Location and Predictive Analytics
6.2.3 Reporting and Visualization
6.2.4 Database Management and Spatial ETL
6.2.5 Risk Analytics and Threat Prevention
6.3 Services
6.3.1 Deployment and Integration
6.3.2 Application Support and Maintenance
6.3.3 Consulting and Advisory Services
6.4 Hardware

7 Location Based Services Market Size, By Location Type
7.1 Introduction
7.2 Outdoor
7.3 Indoor

8 Location Based Services Market, By Vertical
8.1 Introduction
8.2 Government and Public Utilities
8.3 Retail
8.4 Tourism and Hospitality
8.5 Transportation and Logistics
8.6 Manufacturing
8.7 Healthcare and Life Sciences
8.8 Media and Entertainment
8.9 Others (Energy and Utilities, BFSI, Telecom, and Education)

9 Location Based Services Market, By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.2 Canada
9.3 Europe
9.3.1 United Kingdom
9.3.2 Germany
9.3.3 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 Rest of Asia Pacific
9.5 Rest of World
9.5.1 Middle East
9.5.2 Africa
9.5.3 Latin America

10 Competitive Landscape
10.1 Competitive Leadership Mapping
10.1.1 Visionary Leaders
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Ranking of Key Players for the Location Based Services Market, 2019

11 Company Profiles
11.1 Cisco
11.2 Google
11.3 IBM
11.4 Microsoft
11.5 Oracle
11.6 Ericsson
11.7 Qualcomm
11.8 TomTom
11.9 Esri
11.10 Zebra Technologies
11.11 Teldio
11.12 HERE
11.13 Foursquare
11.14 Navigine
11.15 AiRISTA Flow
11.16 Quuppa
11.17 Ubisense
11.18 Apple
11.19 STANLEY Healthcare
11.20 GE Healthcare
11.21 CenTrak
11.22 Spime (Trimble)
11.23 Aruba Networks
11.24 AiRISTA Flow

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Subscription Portal
12.3 Available Customization
12.4 Related Reports
12.5 Author Details

List of Tables
Table 1 United States Dollar Exchange Rate, 2016-2018
Table 2 Factor Analysis
Table 3 Major Industry Application Areas Across Verticals
Table 4 LBS and RTLS Market: Standards
Table 5 LBS and RTLS Market Size, By Component, 2017-2024 (Usd Million)
Table 6 Software: LBS and RTLS Market Size, By Type, 2017-2024 (Usd Million)
Table 7 Software: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 8 Geocoding and Reverse Geocoding Market Size, By Region, 2017-2024 (Usd Million)
Table 9 Location and Predictive Analytics Market Size, By Region, 2017-2024 (Usd Million)
Table 10 Reporting and Visualization Market Size, By Region, 2017-2024 (Usd Million)
Table 11 Database Management and Spatial Etl Market Size, By Region, 2017-2024 (Usd Million)
Table 12 Risk Analytics and Threat Prevention Market Size, By Region, 2017-2024 (Usd Million)
Table 13 Services: LBS and RTLS Market Size, By Type, 2017-2024 (Usd Million)
Table 14 Services: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 15 Deployment and Integration Market Size, By Region, 2017-2024 (Usd Million)
Table 16 Application Support and Maintenance Market Size, By Region, 2017-2024 (Usd Million)
Table 17 Consulting and Advisory Market Size, By Region, 2017-2024 (Usd Million)
Table 18 Hardware: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 19 LBS and RTLS Market Size, By Location Type, 2017-2024 (Usd Million)
Table 20 Outdoor: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 21 Indoor: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 22 LBS and RTLS Market Size, By Vertical, 2017-2024 (Usd Million)
Table 23 Government and Public Utilities: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 24 Retail: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 25 Transportation and Logistics: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 26 Manufacturing: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 27 Healthcare and Life Sciences: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 28 Media and Entertainment: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 29 Others: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 30 LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)
Table 31 North America: LBS and RTLS Market Size, By Component, 2017-2024 (Usd Million)
Table 32 North America: LBS and RTLS Market Size, By Software, 2017-2024 (Usd Million)
Table 33 North America: LBS and RTLS Market Size, By Service, 2017-2024 (Usd Million)
Table 34 North America: LBS and RTLS Market Size, By Location Type, 2017-2024 (Usd Million)
Table 35 North America: LBS and RTLS Market Size, By Vertical, 2017-2024 (Usd Million)
Table 36 North America: LBS and RTLS Market Size, By Country, 2017-2024 (Usd Million)
Table 37 Europe: LBS and RTLS Market Size, By Component, 2017-2024 (Usd Million)
Table 38 Europe: LBS and RTLS Market Size, By Software, 2017-2024 (Usd Million)
Table 39 Europe: LBS and RTLS Market Size, By Service, 2017-2024 (Usd Million)
Table 40 Europe: LBS and RTLS Market Size, By Location Type, 2017-2024 (Usd Million)
Table 41 Europe: LBS and RTLS Market Size, By Vertical, 2017-2024 (Usd Million)
Table 42 Europe: LBS and RTLS Market Size, By Country, 2017-2024 (Usd Million)
Table 43 Asia Pacific: LBS and RTLS Market Size, By Component, 2017-2024 (Usd Million)
Table 44 Asia Pacific: LBS and RTLS Market Size, By Software, 2017-2024 (Usd Million)
Table 45 Asia Pacific: LBS and RTLS Market Size, By Service, 2017-2024 (Usd Million)
Table 46 Asia Pacific: LBS and RTLS Market Size, By Location Type, 2017-2024 (Usd Million)
Table 47 Asia Pacific: LBS and RTLS Market Size, By Vertical, 2017-2024 (Usd Million)
Table 48 Asia Pacific: LBS and RTLS Market Size, By Country, 2017-2024 (Usd Million)
Table 49 Rest of the World: LBS and RTLS Market Size, By Component, 2017-2024 (Usd Million)
Table 50 Rest of the World: LBS and RTLS Market Size, By Software, 2017-2024 (Usd Million)
Table 51 Rest of the World: LBS and RTLS Market Size, By Service, 2017-2024 (Usd Million)
Table 52 Rest of the World: LBS and RTLS Market Size, By Location Type, 2017-2024 (Usd Million)
Table 53 Rest of the World: LBS and RTLS Market Size, By Vertical, 2017-2024 (Usd Million)
Table 54 Rest of the World: LBS and RTLS Market Size, By Region, 2017-2024 (Usd Million)

List of Figures
Figure 1 Global LBS and RTLS Market: Research Design
Figure 2 LBS and RTLS Market: Top-Down and Bottom-Up Approaches
Figure 3 Competitive Leadership Mapping: Criteria Weightage
Figure 4 LBS and RTLS Market To Witness Significant Growth During the Forecast Period
Figure 5 Fastest Growing Segments In the Global LBS and RTLS Market In 2019
Figure 6 LBS and RTLS Regional Market Scenario
Figure 7 Proliferation of Smartphones and Subsequent Location-Based Apps Driving the Global LBS and RTLS Market
Figure 8 Services Segment To Hold the Highest Market Share In the LBS and RTLS Market In 2019
Figure 9 Location and Predictive Analytics Segment To Lead the LBS and RTLS Market In 2019
Figure 10 Deployment and Integration Segment To Lead the LBS and RTLS Services Market, In Terms of Market Share, During the Forecast Period
Figure 11 Outdoor Segment To Hold A Higher Market Share In 2019
Figure 12 Transportation and Logistics Segment To Lead the LBS and RTLS Market In Terms of Market Share In 2024
Figure 13 Asia Pacific Considered As the Best Market To Invest During 2019-2024
Figure 14 Drivers, Restraints, Opportunities, and Challenges: LBS and RTLS Market
Figure 15 Value Chain of the LBS and RTLS Market
Figure 16 LBS and RTLS Market Ecosystem
Figure 17 Services Segment To Grow At the Highest Rate In the LBS and RTLS Market During the Forecast Period
Figure 18 Location and Predictive Analytics Software To Grow At the Highest Cagr During the Forecast Period
Figure 19 Deployment and Integration Services Segment To Account For the Largest Market Size During the Forecast Period
Figure 20 Indoor Segment To Grow At A Higher Cagr During the Forecast Period
Figure 21 Retail Vertical To Have the Largest Market Size In 2019
Figure 22 North America To Have the Largest Market Size During the Forecast Period
Figure 23 North America: Market Snapshot
Figure 24 Asia Pacific: Market Snapshot
Figure 25 LBS and RTLS Market (Global) Competitive Leadership Mapping, 2019
Figure 26 Market Ranking, 2019
Figure 27 Cisco: Company Snapshot
Figure 28 Google: Company Snapshot
Figure 29 IBM: Company Snapshot
Figure 30 Microsoft: Company Snapshot
Figure 31 Oracle: Company Snapshot
Figure 32 Ericsson: Company Snapshot
Figure 33 Qualcomm: Company Snapshot
Figure 34 Tomtom: Company Snapshot
Figure 35 Zebra Technologies: Company Snapshot
Figure 36 Apple: Company Snapshot
Figure 37 Stanley Healthcare (Stanley Black & Decker): Company Snapshot
Figure 38 GE Healthcare (GE): Company Snapshot
Figure 39 Spime (Trimble): Company Snapshot

Note: Product cover images may vary from those shown
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  • AiRISTA Flow
  • Apple
  • Aruba Networks
  • CenTrak
  • Cisco
  • Ericsson
  • Esri
  • Foursquare
  • GE Healthcare
  • Google
  • HERE
  • IBM
  • Microsoft
  • Navigine
  • Oracle
  • Qualcomm
  • Quuppa
  • Spime (Trimble)
  • STANLEY Healthcare
  • Teldio
  • TomTom
  • Ubisense
  • Zebra Technologies
Note: Product cover images may vary from those shown
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