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

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MarketsandMarkets Presents
Location-Based Services (LBS) and Real-Time
Location Systems (RTLS) Market worth 54.95
Billion USD by 2020  
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• The report "Location Based Services (LBS) and
  Real-Time Location Systems (RTLS) Market by
  Location (Indoor Outdoor), Technology
  (context-aware, UWB, BT/BLE, beacons, A-GPS,
  and others), Software, Hardware, Services, and
  Application Areas - Global Forecast to 2020",The
  global Location-Based Services (LBS) and
  Real-Time Location Systems (RTLS) market is
  expected to reach USD 54.95 Billion by 2020
• Browse 78 market data tables and 66 figures
  spread through 190 pages and in-depth TOC
  on Location Based Services (LBS) and Real-Time
  Location Systems (RTLS) Market - Global Forecast
  to 2020 
• Due to increased focus on competitive
  intelligence, and growing amount of spatial data.
  Moreover, technological advancements have led to
  increased applications in numerous sectors and
  the global deployments of 3G and 4G wireless
  services have created promising ubiquitous
  connectivity as well as cost benefits from
  deploying solutions for asset tracking and
  management.

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• http//www.marketsandmarkets.com/Market-Reports/lo
  cation-based-service-market-96994431.html
• Context aware technology has created vibrant
  prospects for marketers and other stakeholders in
  the market
• The growing surge in the use of
  smartphones and social networking platforms has
  opened up new avenues for contextual
  advertising by marketers to pursue targeted
  marketing campaigns to enhance revenues.
  Currently, although context aware computing is
  seen in a nascent form, through LBS more
  interesting solutions based on CAC have come up
  which can be applied across various industries.
• Healthcare and life sciences sector projected to
  showcase robust growth in the LBS and RTLS market

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• The healthcare and life science vertical is one
  of the major application sectors that generate
  huge data. Customer-focused organizations such as
  hospitals consider location convenience to
  deliver their services. Geographic Information
  System (GIS) technology offers varied solutions
  including ones that improve field data collection
  and reporting, and others that support disease
  surveillance and analysis with online mapping and
  spatial statistics.
• Various key LBS and RTLS vendors and service
  providers profiled in the report include - Cisco
  Systems, Google Inc. (Alphabet Inc.), and IBM
  among many others. Several key innovators have
  also been showcased in the study including
  Pitney Bowes, Inc., Savi Technology, Inc., TomTom
  International BV., Ubisense, and others.
• Growing demand to optimize supply chain and the
  governments efforts to standardize the LBS and
  RTLS technology creates remarkable potential in
  the Asia-Pacific (APAC) market

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