openPR Logo
Press release

Micro-Location Technology Market Upcoming Challenges and Future Forecast : Camco, CenTrak, Cisco, DECAWAVE, Estimote, Inc., Gimbal, Inc., Alphabet Inc., Humatics,, Redpine Signals, Inc., ARRIS International

12-23-2019 06:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Research for Markets

Micro-Location Technology Market

Micro-Location Technology Market

Micro-Location Technology Market is expected to rise by registering a healthy CAGR 20.18%in the forecast period of 2020-2029. The major drivers of development in the market are importance of asset management in various industries is driving market growth in indoor premises, the growing use of mobile placement ads, high returns on investment, increased acceptance of mobile devices and GPS inefficiency

Key Market Competitors:
Few of the major competitors currently working in the Micro-Location technology market are Apple Inc., Hewlett Packard Enterprise Development LP, BlueCats, Bluvision Inc., Camco, CenTrak, Cisco, DECAWAVE, Estimote, Inc., Gimbal, Inc., Alphabet Inc., Humatics,, Redpine Signals, Inc., ARRIS International Limited., Sewio Networks, Siemens, Ubisense, Visible Assets, Inc., Zebra Technologies Corp., and many others.

The development of the demand for micro-located technologies is guided by increased value of asset management across different industries; growing use of local mobile ads; strong returns on investment; the mobile device deployment; inefficiency of GPS indoor premises; and the need for exclusive retail and hostel customer experience. Nonetheless, safety and privacy issues and the growing trend of retail e-commerce are curtailing the development of the software sector for micro-location.

Get Sample Copy Of This Report
Market Definition:

Micro-location is the tool used to assess the position of a person within a few inches or feet using various technologies. While GPS can only evaluate geo-location, even if current, micro-location technology can accurately measure both internal and external location. Most businesses allow use of micro-location in various ways, but closeness advertising, which provides consumers promotional material based on the location, is the most relevant use. The micro-location depends on the cooperation of different technologies in the tracking of its location. The systems include Wi-Fi, Ethernet, beacons, and virtual lamps.
Micro-Location Technology Market Scope and Market Size

Micro-Location technology market has been segmented on the basis of offerings, applications, technologies, end users.
On the basis of offerings, the micro-location technology market is segmented software, services, and hardware

On the basis of applications, the micro-location technology market is segmented into proximity marketing, and asset management.

Based on technologies the micro-location technology market is segmented into Bluetooth low energy, impulse radio, radio-frequency identification, ultrasound, ultra-wideband (UWB), Wi-Fi, other.

Based on end user the micro-location technology market is segmented into transportation and logistics, sports and entertainment, retail and e-commerce, industrial, hospitality, healthcare, government, defence, and public, banking, financial services and insurance (BFSI), other.

Country Level Analysis of Micro-Location Technology Market

On the basis of region, the Micro-Location Technology Market is segmented into North America and South America, Asia Pacific, Europe and Middle East and Africa.

Countries covered under North and South America region are Canada, Mexico, Brazil, Rest of Americas, along with Germany, France, United Kingdom, Italy, Spain, Rest of Europe covered under Europe region and Japan, China, India, Australia, Rest of Asia-Pacific covered under Asia-Pacific region.

APAC is one of the largest markets for asset management systems based on micro-location technologies and is expected to be the fastest CAGR in the entire market in the forecast period. The use of micro-location technologies for asset management in sectors such as manufacturing, sports and entertainment, retail and logistics is expected to increase APAC in the coming years. China is projected to be the main contributor to the deployment of APAC micro-location solutions during the forecast period.

Inquire here for more @

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands impact of sales channels are considered while provided forecast analysis of the country data.

Key Developments in the Market:

In October 2019, Taoglas, a provider of next-generation internet of things (IoT) solutions, has launched Edge Locate, GNS Speed L1/L 2/E5 package that offers an accurate centimetre location coupled with antenna, RF electronics and receiving equipment. With Edge Locate, manufacturers can construct devices with centimetre positioning technology quickly and efficiently without investment in expensive and long-term RF architecture, installation and testing processes. Taoglos is also a smart antenna with the aid of multi-band GNSS systems which delivers precision of between one to three centimetres.

In January 2019, Humatics Company, a leader of microlocation goods and applications, has received $28 million in funding for the A1 Project. The round was led by Tenfore Holdings, an investment management company that provides value-added corporate services to growing companies. Blackhorn Capital and JCI Ventures (Johnson Controls ' corporate lending arm) have participated in the round, as did other major investors in the previous Series A debt round, including Fontinalis Partners, Airbus Ventures, Lockheed Martin Ventures and Presidio Ventures (Sumitomo's U.S. investment arm), with Silicon Valley Bank providing a credit facility as part of the A1 series.

Competitive Analysis and Micro-Location Technology Market Share Analysis: Micro-Location technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Micro-Location Technology Market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Micro-Location technology market competitive landscape provides details by competitors. Details included are company overview which includes Company focus, business segment, product categories, revenue generated, and global presence. Micro-Location Technology Market report also provides information on recent financials and R&D expenditures over the years from 2020 to 2029.

Now Get Instant 30% DISCOUNT on this Report @

Key Insights in the report:
Complete and distinct analysis of the market drivers and restraints
Key market players involved in this industry
Detailed analysis of the market segmentation
Competitive analysis of the key players involved


Mr. A Naidu

Research for Markets

Tel: +44 8000-4182-37 (UK)


About Research for Markets:

Research for Markets indulges in detailed and diligent research on different markets, trends and emerging opportunities in the successive direction to cater to your business needs. We have established the pillars of our flourishing institute on the grounds of Credibility and Reliability. RFM delve into the markets across Asia Pacific, North America, South America, Europe, Middle East and Africa.

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 Micro-Location Technology Market Upcoming Challenges and Future Forecast : Camco, CenTrak, Cisco, DECAWAVE, Estimote, Inc., Gimbal, Inc., Alphabet Inc., Humatics,, Redpine Signals, Inc., ARRIS International here

News-ID: 1883054 • Views: 518

More Releases from Research for Markets

Oilfield Services Market Competitive Outlook with Baker Hughes, a GE company, Ha …
The market report titled Oilfield Services Market has company analysis, history, and future overview, global sales trends by 2025. It will be one of the most comprehensive and important additions for growth of the business through Oilfield Services Market research studies. The Oilfield Services Market research report comprises of a detailed analysis of the vendor landscape and thorough company profiling of leading players of the worldwide market. This business document
Annuloplasty Rings Market Competitive Outlook | Medtronic, Edwards Lifesciences, …
Global Annuloplasty Rings Market analysis report is a historical overview and comprehensive study on the current & future market of the ABC industry. This business research document puts forward an in-depth evaluation of each crucial aspect of the worldwide market that relates to the Annuloplasty Rings Market size, market share, market growth factor, key vendors, revenue, top regions, industry trends, product demand, sales volume, capacity, cost structure,
Ventilators Market Top Players are are benefiting from the coronavirus | BD, GE …
The Ventilators Market report has been generated by considering a common theme throughout the marketing industry that suggests strategy and research need stronger alignment. RFM team has firm expertise in making extensive reports that cover all the necessary details about Ventilators Market assessments such as major technological improvement in the industry. The information and flow of this Ventilators Market report can be employed by marketers from all walks of
ICU Ventilator Market Competitive Outlook | Getinge, Koninklijke Kentalis, Phili …
ICU Ventilator Market report enables clients to enhance business efficiency and focus on other core aspects of operations rather than wasting time in market research and reporting needs. ICU Ventilator Market instructions provided in this market analysis report are very specific and research-backed. For getting customization of the report, reach RFM team via email or phone. This ICU Ventilator Market analysis report delivers key data about the product portfolios, product

All 5 Releases

More Releases for Technology

Thin Display Technology Market
The Thin Display Technology market was valued at Million US$ in 2017 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Thin Display Technology. Download FREE Sample of this Report @ This report presents the worldwide Thin Display
Wearable Technology Market
Wearable technology is gaining popularity at a rapid pace, and it has gone beyond just connected eyewear and smartwatches with new products such as wrist bands, smart shoes, smart apparels, and more. Companies are creating apparel, accessories, and fitness wear that can do everything from monitoring heart rate to charging a smartphone. Scope of the Report: This report focuses on the Wearable Technology in Global market, especially in North America, Europe and
Sapphire Technology Market Technology Impacting Growth 2025
Global Sapphire Technology Market: Snapshot Sapphires are a type of gemstone formed based off a specific type of aluminum oxide. While they are typically blue in color, there are certain sapphires that can be found in other colors, such as orange or green, while some sapphires may even show two or more colors. There is a wide range of non-ornamental applications for sapphires and sapphire technology. Some of the key uses
Innovative vacuum technology for chemical process technology
Busch Vacuum Pumps and Systems will be showcasing its latest vacuum solutions at ACHEMA. The new Dolphin liquid ring vacuum pumps are the focus of this year's trade show presentation. With the ATEX T3-certified COBRA NC 0600 C screw vacuum pump, Busch will be presenting another new product, specially developed for transporting temperature-sensitive and potentially explosive gases. With the new series of Dolphin LM/LT liquid ring vacuum pumps, Busch has been
Bio Simulation Technology Market
Global Bio Simulation Technology Industry Bio Simulation Technology Market is estimated at $1.01 billion in 2015 and is projected to reach $2.99 billion by 2022 growing at a CAGR of 16.6% from 2015 to 2022. Reduction in the cost of drug discovery and development and risk of failure of drug molecule are some of the factors driving the market growth. Furthermore, R&D investments in biotechnology and pharmaceutical industries, growth in the
ISG technology Announces New Chief Technology Officer
ISG technology, a networking and IT Services specialist, is proud to announce the appointment of Todor Georgiev as the new Chief Technology Officer. Todor spent the last nine years with Telelink EAD in Bulgaria, with the last three years as the Director of Systems Integration. He was responsible for developing and overseeing new business strategies, new products, services and operations, and new partnerships. He has a wealth of experience and knowledge in