Global Indoor Location Market– Industry Trends and Forecast to 2024

The Global Indoor Location Market accounted for USD 6.3 billion in 2016 growing at a CAGR of 40.3% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Market Definition: 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.

Major market drivers & restraints: Global Indoor Location Market

Increased adoption of connected devices
Inefficiency of the GPS technology in indoor premises
Reliable assistance from governments for ensuring public safety
Deployment and maintenance challenges

Market Segmentation: Global Indoor Location Market

The global indoor location market is segmented on the basis of component into technology, software tools, and services. The technology segment is further sub segmented into radio frequency-based, sensor and tag-based, and others. The software tools segment is further sub segmented into visualization, location analytics, context accelerator, and others. The services segment is further sub segmented into managed services, and professional services.
On the basis of deployment mode, the global indoor location market is segmented into cloud, and on-premises.
On the basis of application, the global indoor location market is segmented into sales and marketing optimization, customer experience management, remote monitoring, inventory management, predictive asset analytics, risk management, emergency response management, and others.
On the basis of vertical, the global indoor location market is segmented into retail, transportation, entertainment, hospitality, public buildings, and others.
On the basis of geography, the global indoor location market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Company Share Analysis: Global Indoor Location Market

The report for indoor location market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Indoor Location Market

Some of the major players of the global indoor location market are Apple Inc, Cisco Systems, Inc, Ericsson AB, Google Inc., Microsoft, Broadcom, GeoMoby, Micello, Inc., Qualcomm Technologies, Inc., Senion AB, ZIH Corp, STMicroelectronics, and others.

 Research Methodology: Global Indoor Location Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Global Indoor Location Market– Industry Trends and Forecast to 2024

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