Increasing Number of Connected Devices Fuels the Growth of the Global Indoor Location Market

According to MarkNtel Advisors’ research report, “Global Indoor Location Market Analysis, 2021,” the market is likely to grow at a CAGR of 38% during 2021-26, primarily due to the burgeoning popularity of smartphones & other connected devices and mounting inefficiency of the GPS in an indoor space. Further, the surging adoption of RFID tags across the retail & other industries and snowballing technological advancements that can support automation and robotic processes also provide lucrative opportunities to fuel the growth of the Indoor Location Market across the globe.

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Key Questions Answered in the Study
1. What are the current and future trends in the Global Indoor Location market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Global Indoor Location market?
5. What is the customer orientation, purchase behavior, and expectations from the Global Indoor Location market service providers across various regions?

Impact of COVID-19 Pandemic on Global Indoor Location Market

The sudden outbreak of the COVID-19 pandemic has massively disrupted everyday activities. However, stringent social distancing regulations and the rising need for data-based and location-based tracking solutions fuel the demand for Indoor Location solutions. As the lockdown got uplifted, businesses are trying to find different ways of safely reopening their offices & factories. It is leading to boost the adoption of indoor location solutions & technologies to fight the COVID-19 pandemic through applications, such as social distancing, wayfinding, and real-time analytics inside the building premises.

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“Global Indoor Location Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Indoor Location providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Supply Chain Management Dominate the Market
Based on the Application, the market bifurcates into Emergency Management, Sales & Marketing Optimization, Remote Monitoring, Predictive Asset Maintenance, and Supply Chain Management. Of them all, the Supply Chain Management segment acquired the largest share in the Global Indoor Location Market in the previous few years. The segment growth owes to the rising need for seamless tracking systems in the industry. Further, an increase in the launch of various mobile applications can help employees easily navigate to their desired location and view their current position. Therefore, the Supply Chain Management segment is very likely to contribute to the overall market growth in the forecast period, reveals MarkNtel Advisors in their research report, “Global Indoor Location Market Analysis, 2021.”

According to MarkNtel Advisors, the major leading players in the Global Indoor Location Market are Zebra Technologies, Inpixon, HPE, MIST Systems, HID Global, Google, Microsoft, Apple, Cisco, Acuity Brands, Centrak, Sonitor, Ubisense, Infsoft, HERE, Indooratlas, Stanley Healthcare, Midmark, Quuppa, Airista, Flow, Innerspace, ESRI, and SYOOK.

Market Segmentation:
1. By Component (Hardware, Solutions [Indoor Tracking {Asset & People Tracking, Indoor Location Analytics}, Indoor Navigation], Services [Managed Services, Professional Services {Deployment & Integration, Consulting, Maintenance & Upgrade}])
2. By Deployment Mode (On-Premise, Cloud)
3. By Connectivity (Bluetooth, WiFi, Ultra-Wideband Technology, Others)
4. By Application (Emergency Management, Sales & Marketing Optimization, Remote Monitoring, Predictive Asset Maintenance, Supply Chain Management, Others)
5. By Vertical (Retail, Transportation & Logistics, Entertainment, Manufacturing, Healthcare, Travel & Hospitality, Others)
6. By Organization Size (Large, Mid & Small-Size)
7. By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa)
8. By Country (US, Canada, Mexico, Brazil, UK, Germany, France, Italy, Spain, China, Japan, South Korea, India, Australia)
9. By Company (Zebra Technologies, Inpixon, HPE, MIST Systems, HID Global, Google, Microsoft, Apple, Cisco, Acuity Brands, Centrak, Sonitor, Ubisense, Infsoft, HERE, Indooratlas, Stanley Healthcare, Midmark, Quuppa, Airista Flow, Innerspace, ESRI, SYOOK)

MarkNtel Advisors
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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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