Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market - Global Forecast to 2021
Report Description: “Higher adoption of business intelligence and increasing market competitiveness to play a significant role in augmenting the growth prospects in the location-based services and real-time location systems market” This study has been done on a global level covering four regions, namely, the Americas, Europe, Asia-Pacific (APAC), & the Rest of the World (RoW) and is projected to grow from USD 15.04 billion in 2016 to USD 77.84 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 38.9% during the forecast period. The market is being driven by factors, such as increased focus on competitive intelligence and prompt availability of analytical tools. High upfront costs of Real-Time Location Systems (RTLS) is expected to be a restraining factor in the growth of the Location-Based Services (LBS) and RTLS market. Reason to Buy the Report: 1. The report segments the LBS and RTLS market comprehensively and provides the closest approximations of ...