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Global Indoor Location Market to Reach New Heights with Increasing Demand for Real-Time Navigation and Asset Tracking Solutions

04-04-2023 04:33 PM CET | IT, New Media & Software

Press release from: Global Insight Services

Indoor Location Market

Indoor Location Market

Indoor location is the process of determining the location of a device or person inside a building. There are a number of different technologies that can be used for indoor location, including GPS, Bluetooth, WiFi, and RFID.

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GPS is the most common technology used for outdoor location, but it does not work well indoors. This is because GPS signals cannot penetrate walls and other obstacles. Bluetooth, WiFi, and RFID are all technologies that can be used for indoor location. Bluetooth and WiFi both work by triangulating the position of a device based on the signal strength of nearby Bluetooth or WiFi devices. RFID works by using tags that emit a signal that can be detected by a reader. The reader then calculates the position of the tag based on the signal strength.

Indoor location can be used for a variety of applications. One common application is wayfinding, which is the process of finding your way from one location to another. Indoor location can also be used for asset tracking, which is the process of tracking the location of objects or people inside a building. Asset tracking can be used for a variety of purposes, such as security and inventory management.

Read more about Indoor Location Market here: https://www.globalinsightservices.com/reports/indoor-location-market

Key Trends:

Some of the key trends in indoor location technology include the use of beacons, Bluetooth Low Energy (BLE), WiFi, and ultra-wideband (UWB). Beacons are becoming increasingly popular as they are relatively inexpensive and easy to deploy. BLE is also becoming increasingly popular as it is more power-efficient than other technologies and can be used in a variety of applications. WiFi and UWB are both accurate and reliable technologies, but UWB is more expensive and requires more infrastructure.

Key Drivers:

Indoor location technology is used to track the location of people or assets inside a building. The technology can be used for a variety of applications, such as asset tracking, workforce management, and security.

The key drivers of the indoor location market are the increasing demand for asset tracking and workforce management solutions, the need for improved security, and the growing adoption of smartphones and tablets.

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Market Segments:

By Component:
• Hardware
• Solutions
• Service

By Deployment Mode:
• Cloud
• On-Premises

By Organization Size:
• Large enterprises
• Small and medium-sized enterprises (SMEs)

By Technology:
• BLE
• UWB
• Wi-Fi
• RFID
• Magnetic Positioning
• Other Technologies

By Application:
• Sales and Marketing Optimization
• Emergency Response Management
• Remote Monitoring
• Predictive Asset Management
• Inventory Management
• Supply Chain Management

Key Players:

• Zebra Technologies
• Inpixon
• Mist
• HID Global
• Google
• Microsoft
• Apple
• Cisco
• HPE
• Acuity Brands

For In-Depth Competitive Analysis, Purchase this Report: https://www.globalinsightservices.com/checkout/single_user/GIS20132

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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