Indoor Location Market Anticipated to Grow at a CAGR of 40.3% between 2017 and 2024 | Global Key Players (Apple, Cisco, Ericsson AB, Google, Microsoft, Broadcom, GeoMoby, Micello, Qualcomm Technologies, Senion AB)
Overview of the Global Indoor Location Market:
The Global Indoor Location Market accounted for USD 6.3 Billion in 2016 growing at a CAGR of 40.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Indoor location deals with tracking an object present in an indoor location. For tracking such objects indoor positioning system or IPS technology is used that can help in locating humans or any object inside an organization with the help of signals. It is widely applicable in retail, transportation, entertainment, hospitality, public buildings, and others. Increased adoption of connected devices and inefficiency of the GPS technology in indoor premises may act as the major driver in the growth of Global Indoor Location Market. On the other hand, deployment and maintenance challenges may hamper the market.
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The Global Indoor Location Market is segmented on the basis of Component into Technology, Software Tools and Services. The Technology segment is further sub segmented into radio frequency-based, sensor and tag-based, and others. The Software Tools segment is further sub segmented into visualization, location analytics, context accelerator, and others. The Services segment is further sub segmented into managed services and professional services.
Geographically, the Global Indoor Location Market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Major Key Players:
1 Apple Inc.
2 Cisco Systems, Inc.
3 Ericsson AB
4 Google Inc.
8 Micello, Inc.
9 Qualcomm Technologies, Inc.
10 Senion AB and More……………
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This study answers to the below key questions:
1 What will the market size be in 2024 and what will the growth rate be?
2 What are the key market trends?
3 What is driving this market?
4 What are the challenges to market growth?
5 Who are the key vendors in this market space?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the strengths and weaknesses of the key vendors?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Indoor Location Market.
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