Press release
Indoor Location Market Size 2022 with 22% CAGR : In-depth Insights by Top Manufacturers, Trends Shaping & Robust Research Methodology up to 2029
The Global Indoor Location Market is forecast to reach above USD 20.35 billion by 2029 by rising at a compound annual growth rate (CAGR) of 22% throughout the forecast period from 2020 to 2029Indoor Location Market Overview
The adoption of the indoor location market is being fueled by a number of factors, including the rise in applications powered by beacons and BLE tags, the growing integration of beacons into cameras, LED lighting, Point of Sale (PoS) devices, and digital signage, the popularity of smartphones, connected devices, and location-based apps among consumers, and the shortcomings of GPS technology in the indoor environment.
Due to the increase in linked assets, machinery, equipment, and essential components during the last few years, the indoor location Market has seen significant growth. Additionally, the indoor location-based solution and services give the top businesses a chance to take advantage of their current IoT infrastructure in order to improve operational efficiencies.
The global Indoor Location market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In July 2021, HERE announced that HERE Map Content and HERE Location Services was chosen by Lyft Inc. to power its location searches and real-time road closures data. Any ride booked through the Lyft platform now has a better search database for places and addresses, and more precise driver ETAs.
In July 2021, Esri announced the opening of a new office within the T-REX Geospatial Innovation Center in St. Louis, Missouri. Under the Esri Startup initiative, Esri will provide qualifying startup companies in the center with free access to the company's cutting-edge ArcGIS Developers tools and services.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of Indoor Location market manufacturers. The revenue created from the sales of Indoor Location Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Zebra Technologies, Inpixon, Mist, HID Global, Google, Microsoft, Apple, Cisco, HPE, Acuity Brands, Esri, CenTrak, Sonitor, Ubisense, infsoft, Polaris Wireless and Others.
The Indoor Location Market has been segmented as below:
Indoor Location Industry by Component, 2020-2029, (USD MILLION)
Hardware
Solutions
Services
Indoor Location Industry by Deployment Mode, 2020-2029, (USD Million)
Cloud
On-Premises
Indoor Location Industry by Organization Size, 2020-2029, (USD Million)
Large Enterprizes
Small & Medium Size Enterprizes
Indoor Location Industry by Technology, 2020-2029, (USD Million)
BLE
UWB
Wi-Fi
RFID
Indoor Location Industry by Application, 2020-2029, (USD Million)
Sales & Marketing Optimization
Emergency Response Management
Remote Monitoring
Predictive Asset Management
Inventory Management
Supply Chain Management
Indoor Location Industry by End User, 2020-2029, (USD Million)
Healthacre & Pharmaceuticals
Travel & Hospitality
Transportation & Logistics
Media & Entertainment
Retail
Manufacturing
Government & Public Sectors
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Indoor Location Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Indoor Location market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global Indoor Location Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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