Location-Based Service (LBS) and Real-Time Location Systems (RTLS) Market worth $50.2 billion by 2027 - Exclusive Report by MarketsandMarkets™
However, indoor location positioning solutions were established as a result of signal interference from hard walls.
- However, indoor location positioning solutions were established as a result of signal interference from hard walls.
- For instance, although Broadcom's chip supports indoor location systems via Wi-Fi, Bluetooth, and NFC, Google tracks a user's whereabouts using Wi-Fi technology.
- In order to give location-based information and services to iPhones and other iOS devices, Apple released iBeacon, a BLE-based technology.
- The LBS and RTLS market currently has the greatest market share in North America.