What’s driving the Indoor location-based services market share? | By Key vendors Oracle, TomTom, Apple, Esri, Ericsson, Qualcomm, Zebra, Ubisense, Baidu, Centrak, Ekahau, Galigeo, HERE, Teldio, Navigine
Request for an in-depth table of contents for this report @
North America holds the largest share in the indoor location-based services market due to the high penetration of smartphone and internet service in the region. It has been estimated that U.S. has more than 200 million smartphone users in 2017, and the number is further estimated to increase during the forecast period. Moreover, the widespread adoption of the maps and other location-based services in mobile applications for navigation purposes is also supporting the growth of the market.
Indoor Location-based Services Market is predicted to see lucrative gains in the coming years owing to increasing penetration of smartphones and tablets across the globe. Over the past five years the smartphone penetration across the countries has increased significantly due to the rising disposable income of the population in the emerging countries along the decline in the price of the smartphones. In 2018, the smartphone penetration across the globe is estimated to be over 34%, up from 29% in 2016. The entrance of the Chinese mobile manufacturers in the market and the growing demand for the internet service is augmenting the demand for the smartphones across the globe.
The Indoor location-based services market is characterized by applications into various industry verticals including aerospace & defense, BFSI, IT & telecom, energy & power, government, healthcare, hospitality, retail, and transportation & logistics. Financial organizations are using LBS for fraud detection and maintaining the security, LBS provides real time location-based tracking to target users within geographical area to track the current & past location of the user.
Make an inquiry for purchasing this report @
Also, the bank can detect when a customer enters or leaves the Wi-Fi signal area. This helps in delivering the timely digital content using the mobile application without deployment of any hardware. Another application is retail, in retail the location-based services it is used to track the stationary in the malls and shopping Centre. It can also be used in food retailing where product specific retailing is required.
Asia Pacific’s indoor location-based services market is anticipated to grow substantially during the forecast period. The increasing number of smartphone users and internet users in the emerging economies are accelerating the adoption of indoor location-based services. Furthermore, the increasing adoption of mobile application and integration of location-based services in the mobile apps are accelerating the demand for the market.
Browse Full Report @ https://www.gminsights.com/industry-analysis/indoor-location-based-services-lbs-market
The vendors operating in the Indoor location-based services market space are the Cisco, Google, IBM, Microsoft, Oracle, TomTom, Apple, Esri, Ericsson, Qualcomm, Zebra, Ubisense, Pitney Bowes, Baidu, Foursquare, Centrak, Ekahau, Galigeo, HERE, Teldio, Navigine, Living Map, infsoft, and others. The vendors are leveraging on the partnership activities to gain the market. For instance, in February 2017, AiRISTA Flow collaborated with Conexus Inc. to provide the Defense Health Agency efficient service with the location-based feature. Similarly, in December 2016, Microsoft partnered with TomTom, to integrate TomTom’s maps, traffic and navigation capabilities into its Azure platform.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What’s driving the Indoor location-based services market share? | By Key vendors Oracle, TomTom, Apple, Esri, Ericsson, Qualcomm, Zebra, Ubisense, Baidu, Centrak, Ekahau, Galigeo, HERE, Teldio, Navigine here
News-ID: 1787191 • Views: 296
More Releases from Global Market Insights Inc.
Behavioral Biometrics Market Size, Analysis, Competitive Strategies and Forecast …
North America is anticipated to hold a majority share in the behavioral biometrics market. This can be credited to the technological advancements in the IT infrastructure and the widespread adoption of big data and social media platforms. Furthermore, the government across the region has taken a keen interest in biometric applications and is aggressively funding multiple research programs and startups to develop advanced behavioral biometrics applications in crucial public sector
Work Order Management System Market Analysis – Worldwide Opportunities, Revenu …
The work order management system market is segmented into solution and service with the solution segment holding the largest market share as it assists organizations in managing and organizing field resources. It increases the performance and availability of equipment, boosting employee productivity and reducing overtime. The service segment is projected to grow at the fastest rate over the forecast period. These services include integration & deployment service, consulting service, support
A2P SMS Market 2025 - Customer Relationship Management Service To Witness Widesp …
Customer relationship management service dominates the A2P SMS market as this application is used for providing transaction and billing-related information to the users, especially in the banking and financial service sectors. Due to the improved standard of living and rapid growth of e-commerce, customers rely more on online payment services rather than physical transactions owing to the ease of transactions offered by these applications, boosting the market growth. Several telecommunication service
Online Video Platform Market 2025 - Segmentation, Growth Dynamics & Technology E …
Online video platform market is categorized into three main segments based on their types, which include UCG model, DIY model, and SaaS model. UCG model is a consumer-generated media model, which allows the consumer to distribute content such as photos, videos, and blogs through a digital network. DIY model is a cost-saving model, which allows the user to share the links of the video onto their websites, which is not
More Releases for Indoor
Europe Indoor Bike Racks Market
Europe Indoor Bike Racks Market market-research study about industry status, enterprise contest blueprint, advantages and pitfalls of enterprise services and products, industry growth trends (2019-2025), regional industrial design faculties and macroeconomic policies, and industrial policy has likewise be contained. In a note, this record will allow you to establish a panorama of industrial development and also traits of this Europe Indoor Bike Racks Market market. The acute findings and guidelines
Smart Indoor Lighting Market 2025 |
Indoor LED luminaire design is a key part of the continuously growing effort for the purpose of modernizing the buildings and reduce the energy cost. Tunable white LED chips on board are leading to designs which is concerned with circadian lighting and human centric lighting. Several luminaires are currently being packed with an on board sensor and wireless networking lighting control. This facilities helps in to have greater energy saving,
Indoor Humidifier Market -
Humidifiers are the equipment or a system that adds moisture and increases humidity in the air so as to retain humidity at desired levels. Humidifiers are generally used in data centers, cold stores and agriculture production units, and other areas where environment (humidity) critical products are processes and packaged. Additionally, these are used for comfort and health reasons in commercial and healthcare sectors. Get an exclusive sample of this report
Indoor Plant Market Professional Survey Report 2017
Indoor Plant Market Indoor Plant in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. Request For Full Report @ https://www.reportsandmarkets.com/reports/global-indoor-plant-market-professional-survey-report-2017-1681091 Indoor Plant on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering : Ambius , Totally Plants , Floricoltura Zardi , Marconi Antonio &
Indoor Positioning and Indoor Navigation Market - Analysis, Growth 2024
Global Indoor Positioning and Indoor Navigation (IPIN) Market An indoor positioning and indoor navigation (IPIN) system is a network of devices used to locate people and objects inside a building wirelessly. Whereas navigation is concerned with finding places in large office buildings, museums, university buildings and malls, indoor positioning and indoor navigation (IPIN) solutions improve accuracy of Wi-Fi based navigation and positioning. Earlier GPS devices were used intensively, as these devices
Sub-Meter Indoor Location Positioning Technology
ReportsWorldwide has announced the addition of a new report title Sub-Meter Indoor Location Positioning Technology to its growing collection of premium market research reports. Out of over 200 companies developing and delivering technology for indoor location positioning, the 28 companies profiled in this report deliver indoor positioning to an accuracy of less than one meter. While this is not important for some applications, for many applications it is critical. The 28 companies