Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market 2026

Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market Size And Forecast 2026

Global Location–based Services (LBS) is a software-based on location which requires the real-location of the device to provide information about different locations as per user interest. Real-time location systems (RTLS) detect the current geographical location of an object or person.

The latest survey on Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunities available and trend in the Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market. The report aims to present the analysis of the Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market By Component, By Location Type, By End-Use Industry, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.

According to Business Research Reports, Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market was valued at USD 12.76 Billion in 2018 and is projected to reach USD 51.95 Billion by 2026, growing at a CAGR of 19.19% from 2019 to 2026.

About Location-Based Services and Real-Time Location Systems: Both LBS and RTLS are interconnected pair of technologies that are increasingly being used owing to the growing use of smartphones and provide enhanced refinement with which a smartphone user’s location is tracked. The LBS uses real-time geo-data from devices while delivering information, security and entertainment, while RTLS provides the current accurate location tracking by using digital mapping facilities of modern devices.

Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market Outlook In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The surge in the number of smartphones and a growing number of internet users in the market around the world is marking the evolution of the LBS and RTLS market. Rising importance and demand for geospatial data in various applications and industries, high growth of the Internet of Things (IoT), Artificial Intelligence (AI), and cloud computing are few other factors driving the growth of the market over the forecast period. Moreover, the higher adoption of business intelligence and increasing market competitiveness has resulted in a greater number of organizations realizing the benefits of LBS and RTLS, hence bolstering market growth.

Business Research Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market” is mainly bifurcated into sub-segments that can provide classified data regarding the latest trends in the market.

Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market Competitive Landscape The “Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Cisco Systems, Google, IBM, Ericsson, Qualcomm, ESRI, Zebra Technologies, Teldio, Microsoft, Oracle. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market, By Component

• Hardware
• Software
• Services

Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market, By Location Type

• Indoor
• Outdoor

Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market, By End-Use Industry

• Manufacturing
• Healthcare and Life Sciences
• Media and Entertainment
• Government and Public Utilities
• Retail
• Transportation and Logistics
• Others

Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market, By Geographic Scope

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Rest of Asia Pacific
• Rest of the World

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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MARKET OVERVIEW

• Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market is Poised for Phenomenal Growth
• The US Rack PDU Market Size (Million USD) in Data Center: 2019 to 2026
• HOT -SWAP Location-Based Services (LBS) and Real-Time Location Systems (RTLS)s to Account for Highest Growth
• Datacenters Applications Dominate the Location-Based Services (LBS) and Real-Time Location Systems (RTLS)s Demand
• North American Region is anticipated to Register Largest Share
• Global Competitor Market Shares
• Select Acquisitions by Major Players
• Market Position of Legrand in the US
• Recent Product Introductions/Innovations
• Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Competitor Market Share Scenario Worldwide (in %): 2019 & 2026

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