(NLM) software product market report 2023

What is a NLM Software in 5g and 4G network?

NLM (Networked Location Measurement) is a new and innovative software product designed to provide alternative to GPS in 5G and 4G networks. NLM works in conjunction with the existing cellular network infrastructure by measuring the distance between two points using advanced signal processing algorithms. The data from NLM is then used to accurately map out the locations of wireless devices and networks. NLM offers a cost-effective, reliable and efficient solution to the problem of locating wireless devices on the cellular network.

NLM is becoming popular in the market as it offers a more precise location data than traditional GPS and other positioning systems, hence, NLM is a sought-after alternative to GPS. This makes it highly suitable for various use cases such as logistics tracking, public safety, and asset tracking. Additionally, it is utilized for location-based services and navigation like ride hailing services, augmented reality applications, autonomous vehicles, and drone navigation.

As more companies adopt 5G technology, the demand for NLM software will continue to rise in the coming years. The increasing demand for precise location data and the need to improve accuracy in positioning systems will likely drive the growth of this market. Furthermore, growing investments by governments in public safety infrastructure projects and increased consumer adoption of location-based services will further fuel the growth of this market.

What is the difference between NLM and GPS?

The main difference between NLM and GPS is that NLM utilizes the existing cellular network infrastructure to measure the distance between two points, while GPS relies on satellites to calculate the location of a device. This makes NLM more reliable than GPS as it does not require any line-of-sight contact with a satellite. Furthermore, NLM provides more precise and accurate location data than GPS, making it ideal for use cases such as public safety, logistics tracking and asset tracking. NLM also requires less energy to operate compared to GPS, making it ideal for battery-powered devices and networks.

How does the NLM work?

NLM works by measuring the signal strength between two points using advanced signal processing algorithms. It uses a technique called Time Difference of Arrival (TDOA) which measures the time difference between signals sent from two different base stations and calculates the distance between them based on this information. The data is then used to accurately map out the locations of wireless devices and networks. NLM can provide more precise location data than traditional GPS, making it ideal for navigation and location-based services such as augmented reality applications, ride hailing services, drone navigation and autonomous vehicles.

Who are the leading players in the NLM software product market?

The global NLM software product market is highly competitive with major vendors such as Google, Apple, Qualcomm Technologies, CommAgility, Ericsson, Arttha5G and Nokia offering a range of products for different use cases. These companies are focusing on improving their offerings to gain an edge in the competitive landscape.

What role does NLM play in 5G and 4G networks?

NLM plays an important role in 5G and 4G networks, as it provides more precise location data than traditional GPS and other positioning systems. This makes NLM ideal for use cases such as public safety, logistics tracking and asset tracking. Furthermore, the growing demand for low-power solutions has made NLM even more attractive, with several vendors offering NLM-based solutions for both 5G and 4G networks. This will likely drive the growth of the NLM software product market in the coming years.

What is the potential of the NLM software product market in 2023 and beyond?

NLM Software worldwide – statistics & facts

The global NLM software product market is estimated to grow significantly in the coming years, with increasing demand from various industries such as logistics, public safety and asset tracking. Furthermore, the growing investments by governments in public safety infrastructure projects and increased consumer adoption of location-based services will further fuel the growth of this market. Additionally, emerging technologies such as 5G, 4G, and the Internet of Things (IoT) are likely to create new opportunities for vendors in this market. As per SoftwareVerdict study, it is estimated that the NLM software product market will reach $1.3 billion by 2023, with a CAGR of 38.9%.