Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market Worth $68.85 Billion by 2023

Northbrook, IL -- (SBWIRE) -- 08/14/2018 -- According to a new market research report "Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market by Location Type (Indoor and Outdoor), Software (Geocoding and Reverse Geocoding, Location and Predictive Analytics), Hardware, Service, Vertical, and Region - Global Forecast to 2023",published by MarketsandMarkets™, the LBS and RTLS market size is expected to grow from USD 22.18 billion in 2018 to USD 68.85 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 25.4% during the forecast period (2018–2023).