Press release
GCC Indoor LBS Market Analysis by Solution Type, Technology, Application, Vertical and Country Overview 2023-2028

GCC Indoor LBS Market Analysis by Solution Type, Technology, Application, Vertical and Country Overview 2023-2028
How big is the GCC indoor LBS market?
The GCC indoor LBS market size reached US$ 124.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 429.3 Million by 2028, exhibiting a growth rate (CAGR) of 21.8% during 2023-2028.
Market Overview:
Indoor location-based services (LBS) refer to location-based services that are specifically designed for use within an enclosed space. These services use a combination of technologies, such as Wi-Fi, Bluetooth, beacons, and sensors, to track and locate users within a building or encircled space. Indoor LBS offers a range of applications, including indoor navigation, indoor mapping, proximity-based marketing, and location-based analytics. They can be used in various settings, such as shopping malls, airports, hospitals, museums, and universities, to enhance user experience, provide location-based information, and optimize operations.
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GCC Indoor LBS Market Trends and Drivers:
The increasing demand for indoor navigation and location-based marketing services represents a significant factor driving the market growth across the region. In line with this, rapid urbanization and infrastructure development are driving the need for efficient navigation and wayfinding solutions in large buildings and complexes, such as airports, shopping malls, and hospitals, which is further contributing to the growth of the market. The market is also driven by the widespread adoption of IoT and smart building technologies. In addition to this, the extensive utilization of advanced technologies and the rising demand for smart city solutions, along with significant research and development (R&D) activities, are creating a positive outlook for the market across the GCC region.
GCC Indoor LBS Market Segmentation:
The report has segmented the GCC indoor LBS market on the basis of solution type, technology, application, vertical and country.
Breakup by Solution Type:
• Analytics and Insights
• Campaign Management
• Enterprise Services
• Location and Alerts
• Maps
• Proximity Beacons
• Others
Breakup by Technology:
• Context Aware Technology
• OTDOA and E-OTDOA
• RFID and NFC
• Satellite, Microwave and Infrared Sensing
• Others (Wi-Fi/WLAN, UWB, BT/BLE, Beacons, A-GPS, etc.)
Breakup by Application:
• Monitoring
• Navigation
• Tracking
• Analytics
• Others
Breakup by Vertical:
• Retail
• Transportation and Logistics
• Media and Entertainment
• Healthcare Life Sciences
• Government and Public Buildings
• Aerospace and Defense
• BFSI
• Others
Breakup by Country:
• Saudi Arabia
• UAE
• Qatar
• Oman
• Kuwait
• Bahrain
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Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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