Uploaded on May 4, 2021
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
Indoor Location Market Demand, Growth Challenges, Industry Analysis And Forecasts To 2026
Indoor 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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Report 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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oor-location-market
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Major 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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Market 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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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
5
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