Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market is expected to witness Incredible Growth during 2021-2032 | AiRISTA Flow, Apple, Aruba Networks

New York, LBS is a technology that uses location data to provide services or information to users. These services can be based on the user’s current location, their search history, or their preferences. RTLS is a technology that uses real-time location data to track and manage assets. This data can be used to improve asset utilization, optimize workflows, and improve safety and security.

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Key Players

  • AiRISTA Flow
  • Apple
  • Aruba Networks
  • CenTrak
  • Cisco
  • Ericsson
  • ESRI
  • GE Healthcare
  • Google
  • Navigine
  • NTT Docomo

Key Trends and Drivers

Location-based services (LBS) are software services that use location data to provide information or services to mobile device users. LBS can be used for a variety of purposes, such as providing navigation directions, finding local businesses, or tracking the location of assets.

Real-time location systems (RTLS) are a type of LBS that use sensor-based technology to track the location of objects or people in real time. RTLS can be used for a variety of applications, such as tracking the location of assets in a warehouse or monitoring the movement of patients in a hospital.

Some of the key trends in the LBS and RTLS market include:

  • The increasing use of LBS and RTLS in asset tracking and fleet management applications.
  • The growing adoption of LBS and RTLS in the healthcare industry.
  • The increasing use of LBS and RTLS in location-based marketing applications.
  • The growing adoption of LBS and RTLS in the automotive industry.

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Market Segments

By Component

  • Platforms
  • Hardware
  • Services

By Location Type

  • Outdoor
  • Indoor

By Application

  • Tracking and Navigation
  • Marketing and Advertisement
  • Location-based Social Networks
  • Location-based Health Monitoring
  • Others

By Vertical

  • Transportation and Logistics
  • Retail
  • Government
  • Manufacturing
  • Tourism and Hospitality
  • Healthcare and Life Sciences
  • Media and Entertainment
  • Others

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