According to a new market research report published by Global Insight Services ” Indoor Location Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the 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.
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.
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Key Players
- Zebra Technologies
- Inpixon
- Mist
- HID Global
- Microsoft
- Apple
- Cisco
- HPE
- Acuity Brands
- Honeywell
- Ingersoll Rand
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
- Others
Reasons to buy Indoor Location Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
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