Global Indoor Location Market at A Highest CAGR of 40.1% With Leading Players

Posted by peeterdbmr on January 2nd, 2020

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.

Major Market Competitors/Players: Global Indoor Location Market

Few of the major competitors currently working in the Indoor Location Market are Apple Inc. (US), Telefonaktiebolaget LM Ericsson (Europe), Google Inc. (US), Microsoft (US), Broadcom (US), Gbrmpa, HERE, Qualcomm Technologies, Inc. (US), Senion (Europe), Zebra Technologies Corp., STMicroelectronics (Switzerland), AeroScout Industrial, Ekahau, Hewlett Packard Enterprise Development LP, AISLE411 (US), Glopos Technologies, IndoorAtlas Ltd., Navizon Inc (US), Nearby Now, Sensewhere and among others.

A FREE sample of this report is available upon request @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-indoor-location-market

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.

COMPETITIVE ANALYSIS: GLOBAL INDOOR LOCATION MARKET

Global indoor location market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of indoor location market for Global, Europe, North America, Asia-Pacific,South America and Middle East & Africa.

Segmentation: Global Indoor Location Market

• By Component (Technology, Software Tools, Services)
• By Application (Sales & Marketing Optimization, Customer Experience Management, Remote Monitoring, Inventory Management, Predictive Asset Analytics, Risk Management, Emergency Response Management)
• By Vertical (Retail, Transportation, Entertainment, Hospitality, Public Buildings, Others),
• By Deployment Mode (Cloud, On-Premises)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

• Inefficiency of the GPS technology in indoor premises, this act as a driver of the market.
• Reliable assistance from governments for ensuring public safety, this act as a driver of the market.

Market Restraints:

• Deployment and maintenance challenges, this act as restraints to the market.

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.

Contact:

Data Bridge Market Research

Tel: +1-888-387-2818