Title: Indoor Location Market Demand, Growth Challenges, Industry Analysis And Forecasts To 2026
1Indoor Location Market Demand, Growth Challenges,
Industry Analysis And Forecasts To 2026
Indoor Location Market By Component (Technology,
Software Tools, Services), Application (Sales
Marketing Optimization, Customer Experience
Management, Remote Monitoring, Inventory
Management, Predictive Asset Analytics, Risk
Management, Emergency Response Management),
Vertical (Retail, Transportation, Entertainment,
Hospitality, Public Buildings, Others),
Deployment Mode (Cloud, On-Premises), Geography
(North America, South America, Europe,
Asia-Pacific, Middle East and Africa) Industry
Trends and Forecast to 2026
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t
2Report Description
Global Indoor Location Market is expected to rise
from its initial estimated value of USD
12.37billion in 2018 to an estimated value of USD
183.54billion by 2026, registering a CAGR of
40.1 in the forecast period of
2019-2026. Indoor location deals with tracking
an object present in an indoor location. For
tracking such objects indoor positioning system
or IPS technology is used that can help in
locating humans or any object inside an
organization with the help of signals. It is
widely applicable in retail, transportation,
entertainment, hospitality, public buildings, and
others. Increased adoption of connected devices
and inefficiency of the GPS technology in indoor
premises may act as the major driver in the
growth of global indoor location market. On the
other hand, deployment and maintenance challenges
may hamper the market.
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3Major Key Players
- Some of the major players operating in this
market are - Apple Inc. (US)
- Telefonaktiebolaget LM Ericsson (Europe)
- Google Inc. (US)
- Microsoft (US)
- Broadcom (US)
- Gbrmpa
- HERE
- Qualcomm Technologies, Inc. (US)
- Senion (Europe),
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4Market Segmentation
- By Component (Technology, Software Tools,
Services) - By Vertical (Retail, Transportation,
Entertainment, Hospitality, Public Buildings,
Others) - By Application (Sales Marketing Optimization,
Customer Experience Management, Remote
Monitoring, Inventory Management, Predictive
Asset Analytics, Risk Management, Emergency
Response Management)
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5Regional Analysis
- Based on geography, the market is segmented into
five geographical regions - North America
- Europe
- Asia-Pacific
- South America
- Middle East
- Africa
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