Albany, NY -- (SBWIRE) -- 03/20/2017 -- LBS is provided through location-enabled mobile devices. This software application uses real-time data to track the geographical location of the mobile user through geographic information system technology and the Internet. It provides information relevant to a user at any location, which can be related to knowledge, entertainment, or security.

The global location-based services (LBS) in the healthcare sector to grow at a CAGR of 32.78% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global location-based services (LBS) in the healthcare sector for 2017-2021. To calculate the market size, the report considers the annual sales of LBS devices, LBS applications, and software, and digital maps used in the healthcare sector to calculate the market size for the period 2017-2021. The report also considers the revenue generated from personal navigation assistants used for fitness purposes and in-dash location-based devices used by healthcare professionals and patients. The report provides the market segmentation based on location, technology, product category, application, and geography.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Location-Based Services (LBS) in the Healthcare Sector 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- AiRISTA
- General Electric Company
- HPE
- ZIH

Other prominent vendors
- Awarepoint
- Axcess International
- CenTrak
- Cisco
- Decawave
- Emanate Wireless
- IBM
- Infor
- Navizon
- PLUS Location Systems
- Radianse
- RF Technologies
- Siemens Healthcare
- Sonitor Technologies
- STANLEY Healthcare
- TeleTracking Technologies
- ThingMagic (Trimble)
- Versus Technology

Market driver
- Rapid adoption of beacon and location-based technology
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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