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.
GPS is the most common technology used for outdoor location, but it does not work well indoors. This is because GPS signals cannot penetrate walls and other obstacles. Bluetooth, WiFi, and RFID are all technologies that can be used for indoor location. Bluetooth and WiFi both work by triangulating the position of a device based on the signal strength of nearby Bluetooth or WiFi devices. RFID works by using tags that emit a signal that can be detected by a reader. The reader then calculates the position of the tag based on the signal strength.
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Key Players
- Zebra Technologies
- Inpixon
- Mist
- HID Global
- Microsoft
- Apple
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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