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Micro-location Technology Market is set for lucrative growth during 2021-2031 | Size, Share, Demand and Opportunities Analysis
Micro-location Technology Market
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Market Segments
By Application
Asset Management
Proximity Marketing
By Technology
UWB
WiFi
BLE
RFID
Key Companies
Camco Technologies
Humatics Corporation
Ubisense Group
Aruba Networks
Siemens AG
Aruba Networks
Bluvision
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Key Technology Trends:
There is a growing trend in the micro-location services market towards the use of more accurate and sophisticated technologies to track the location of people and objects. This is being driven by the increasing demand for higher levels of accuracy and precision in a wide range of applications, including asset tracking, indoor navigation, and location-based marketing.
One of the key enabling technologies for this trend is the use of radio frequency identification (RFID) tags. RFID tags are small devices that can be attached to people or objects, and which emit a signal that can be detected by an RFID reader. This allows for very accurate tracking of people and objects, even in complex indoor environments.
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