IoT Strategy and Readiness Part I: Generating a Foundation for IoT ExecutionRead More >
According to Allied Market Research the global LBS market is expected to grow at approximately 27% CAGR through 2022, when it is forecasted to be worth $60.1 billion. This growth is primarily driven by the need for organizations across various industries to improve operational efficiencies, adhere to regulatory policies, and enhance worker safety. Advances in IoT-enabled mobile technologies and wireless connectivity have resulted in an increasing number of LBS applications entering the market, and these numbers are indicative of the growing opportunity for location tracking and monitoring services. Download the ebook to learn the four essential steps you need to execute to launch an effective LBS solution.