Indoor Location Market Growth, Share, Upcoming Trends, Scope and Future Competition 2032
Indoor Location Market Size - By Component, By Application, By Technology, By Deployment Mode, By Organisation Size, By Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Dec-2022 | Report ID: IACT2234 | Pages: 1 - 232 | Formats*: |
| Category : Information & Communications Technology | |||
Global Indoor Location Market Overview:
According to SPER Market Research, the Global Indoor Location Market is estimated to reach USD 66.56 billion by 2032 with a CAGR of 22.63%.
The indoor location market is anticipated to be driven by the expanding integration of beacons in cameras, LED lighting, PoS devices, and digital signs. Tracking an object in an enclosed space is referred to as indoor localization or indoor location. Adopting indoor location solutions and services has many advantages, including customer analytics, tracking, and location. Using acoustic signals or radio waves captured by handled devices like mobile phones, IPS Technology applied for object tracking may find people or items inside a business. The development of indoor positioning systems has also given businesses exceptional precision in a variety of settings, irrespective of the hardware employed. Precision and analytics are the most crucial variables in the manufacturing sector, and real-time asset data is the greatest way to learn about them. As utmost manufacturing enterprises and storages install inner position technologies to enable the micro-level monitoring of means and objects, icing the quality assurance of the product manufactured, the inner position request finds enormous openings in the manufacturing, distribution, and logistics sectors. Inner position technology is needed for processes like spare robotization and spare robotics in the manufacturing and logistics sectors to track goods, packages, and means inside structures for planning and control. means and large- volume objects are tracked using a variety of inner position technologies, including RFID, Wi- Fi, and lights. The Wi- Fi- grounded inner locating system uses a range- grounded system to pinpoint details like the separation and cock of bumps. The quality, stoner experience, and convenience of druggies are bettered by remote monitoring operations using a variety of technologies, including BLE, Wi- Fi, and UWB. One of the most recent technologies to develop and come a request standard is BLE, which is now present on the maturity of bias. The inner position uses BLE signals from battery- operated lights as its primary technology. Due to the wide acceptance of technology by people and the presence of significant request players in the area, North America is anticipated to hold the loftiest share of the inner position request during the cast period. One of the main obstacles to the expansion of this request is the lack of understanding of inner position technology and its advantages, which prevents consumer relinquishment and acceptance. Due to the difficulty in prognosticating which inner position result guests will ultimately embrace business possessors frequently refrain from investing in their perpetration. thus, inner position technology needs a strong marketing strategy to raise mindfulness of its operation. Due to a lack of knowledge and trained labor force to deal with digital spatial data, the maturity of enterprises that emplace RFID and BLE lamp technologies struggle to realize their full eventuality. Another main handicap to the expansion of the inner position request is a rigid set of laws and regulations.
Impact of COVID-19 on the Global Indoor Location Market
Due to lockdown limitations that caused a number of retail stores, offices, and other commercial venues to temporarily close, the global COVID-19 pandemic outbreak has had a minor impact on the indoor location-based services sector. However, the healthcare and public sector heavily utilized the services to identify and track infected persons and perform effective quarantining. Additionally, the market is anticipated to expand steadily over the next few years as a result of the gradual easing of limitations and the restart of company operations.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Component, By Application, By Technology, By Deployment Mode, By Organisation size, By Vertical |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | Apple, Acuity Brands, Airista, Azitek, Centrak, Cisco, Esri, Google, Here Technologies, Hid Global, Innerspace, Infsoft, Inpixon, Mapxus, Microsoft, Navigine, Polaris Wireless, Quuppa, Stanley Healthcare |
Global Indoor Location Market Segmentation:
By Component: Based on Component, Global Indoor Location Market is segmented as; Hardware, Solutions (Indoor Tracking, Indoor Navigation, Database Management System), Services {Managed Services, Professional Services (Training and Consulting, Support and Maintenance, System Integration and Implementation)}.
By Application: Based on Application, Global Indoor Location Market is segmented as; Emergency and Response Management, Sales and Marketing Optimization, Remote Monitoring, Predictive Asset Maintenance, Supply Chain Management, Inventory Management, Others Application.
By Technology: Based on Technology, Global Indoor Location Market is segmented as; Bluetooth Low Energy, Ultra-Wideband, Wi-Fi, Radio-Frequency Identification, Magnetic Positioning, Other Technologies.
By Deployment Mode: Based on Deployment Mode, Global Indoor Location Market is segmented as; On-Premises and Cloud.
By Vertical: Based on Vertical, Global Indoor Location Market is segmented as; Travel and Hospitality, Media and Entertainment, Government and Public Sector, Retail, Healthcare and Pharmaceutical, Manufacturing, Transportation and Logistics and Others.
By Region: Due to the widespread acceptance of technology by people and the presence of significant market players in the area, North America is anticipated to hold the highest share of the indoor location market during the forecast period. The expansion of suppliers in North America is being driven by the adoption of technologies like BLE, Wi-Fi, and UWB.
1. Introduction
1.1 Scope of the report1.2 Market segment analysis
2. Research Methodology
2.1 Research data source2.1.1. Secondary data2.1.2. Primary data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2 Market size estimation2.2.1. Top-down and Bottom-up approach2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1 Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2 COVID-19 Impacts of the Global Indoor Location Market
5. Market variables and outlook
5.1 SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2 PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3 PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4 Heat map analysis
6. Global Indoor Location Market, By Component, 2019-2032 (USD Million)
6.1 Hardware6.2 Solutions
6.2.1 Indoor Tracking6.2.2 Indoor Navigation6.2.3 Database Management System
6.3 Services
6.3.1 Managed Services6.3.2 Professional Services
6.3.2.1 Training and Consulting6.3.2.2 Support and Maintenance6.3.2.3 System Integration and Implementation
7. Global Indoor Location Market, By Application 2019-2032 (USD Million)
7.1 Emergency and Response Management7.2 Sales and Marketing Optimization7.3 Remote Monitoring7.4 Predictive Asset Maintenance7.5 Supply Chain Management7.6 Inventory Management7.7 Others Application
8. Global Indoor Location Market, By Technology, 2019-2032 (USD Million)
8.1 Bluetooth Low Energy8.2 Ultra-Wideband8.3 Wi-Fi8.4 Radio-Frequency Identification8.5 Magnetic Positioning8.6 Other Technologies
9. Global Indoor Location Market, By Deployment Mode, 2019-2032 (USD Million)
9.1 On-Premises9.2 Cloud
10. Global Indoor Location Market, By Organization Size, 2019-2032 (USD Million)
10.1 Small and Medium-Sized Enterprises10.2 Large Enterprises
11. Global Indoor Location Market, By Vertical, 2019-2032 (USD Million)
11.1 Travel and Hospitality11.2 Media and Entertainment11.3 Government and Public Sector11.4 Retail11.5 Healthcare and Pharmaceuticals11.6 Manufacturing11.7 Transportation and Logistics11.8 Others
12. Global Indoor Location Market, By Region, 2019-2032 (USD Million)
12.1 North America
12.1.1 United States12.1.2 Canada12.1.3 Mexico
12.2 Europe
12.2.1 Germany
12.2.2 United Kingdom12.2.3 France12.2.4 Italy12.2.5 Spain12.2.6 Rest of Europe
12.3 Asia-Pacific
12.3.1 China12.3.2 Japan12.3.3 India12.3.4 Australia12.3.5 South Korea12.3.6 Rest of Asia-Pacific
12.4 South America
12.4.1 Brazil12.4.2 Argentina12.4.3 Rest of South America
12.5 Middle East & Africa
12.5.1 Kingdom of Saudi Arabia12.5.2 United Arab Emirates12.5.3 Rest of Middle East & Africa
13. Company Profiles
13.1 Apple
13.1.1. Company details13.1.2. Financial outlook13.1.3. Product summary13.1.4. Recent developments
13.2 Acuity Brands
13.2.1. Company details13.2.2. Financial outlook13.2.3. Product summary13.2.4. Recent developments
13.3 Airista
13.3.1. Company details13.3.2. Financial outlook13.3.3. Product summary13.3.4. Recent developments
13.4 Azitek
13.4.1. Company details13.4.2. Financial outlook13.4.3. Product summary13.4.4. Recent developments
13.5 Centrak
13.5.1. Company details13.5.2. Financial outlook13.5.3. Product summary13.5.4. Recent developments
13.6 Cisco
13.6.1. Company details13.6.2. Financial outlook13.6.3. Product summary13.6.4. Recent developments
13.7 Esri
13.7.1. Company details13.7.2. Financial outlook13.7.3. Product summary13.7.4. Recent developments
13.8 Google
13.8.1. Company details13.8.2. Financial outlook13.8.3. Product summary13.8.4. Recent developments
13.9 Here Technologies
13.9.1. Company details13.9.2. Financial outlook13.9.3. Product summary13.9.4. Recent developments
13.10 Hid Global
13.10.1. Company details13.10.2. Financial outlook13.10.3. Product summary13.10.4. Recent developments
13.11 Infsoft
13.11.1. Company details13.11.2. Financial outlook13.11.3. Product summary13.11.4. Recent developments
13.12 Innerspace
13.12.1. Company details13.12.2. Financial outlook13.12.3. Product summary13.12.4. Recent developments
13.13 Inpixon
13.13.1. Company details13.13.2. Financial outlook13.13.3. Product summary13.13.4. Recent developments
13.14 Mapxus
13.14.1. Company detail13.14.2. Financial outlook13.14.3. Product summary13.14.4. Recent developments
13.15 Microsoft
13.15.1. Company details13.15.2. Financial outlook13.15.3. Product summary13.15.4. Recent developments
13.16 Navigine
13.16.1. Company details13.16.2. Financial outlook13.16.3. Product summary13.16.4. Recent development
13.17 Polaris Wireless
13.17.1. Company details13.17.2. Financial outlook13.17.3. Product summary13.17.4. Recent development
13.18 Quuppa
13.18.1. Company details13.18.2. Financial outlook13.18.3. Product summary13.18.4. Recent development
13.19 Stanley Healthcare
13.19.1. Company details13.19.2. Financial outlook13.19.3. Product summary13.19.4. Recent development
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Indoor Location Market is projected to reach USD 66.56 billion by 2032, growing at a CAGR of 22.63% during the forecast period.
The Indoor Location Market grew in market size from 2021. The Market is expected to reach USD 66.56 billion by 2032, at a CAGR of 22.63% during the forecast period.
The Indoor Location Market CAGR of 22.63% during the forecast period.
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The Indoor Location Market size is USD 66.56 billion from 2022 to 2032.
The Indoor Location Market segment is Covered By Component, By Application, By Technology, By Deployment Mode, By Organisation size, By Vertical .
The North America region is anticipated to have the highest market share in the Indoor Location Market.
The key players in the market include Companies Covered Apple, Acuity Brands, Airista, Azitek, Centrak, Cisco, Esri, Google, Here Technologies, Hid Global, Innerspace, Infsoft, Inpixon, Mapxus, Microsoft, Navigine, Polaris Wireless, Quuppa, Stanley Healthcare.
The development of indoor positioning systems has also given businesses exceptional precision in a variety of settings, irrespective of the hardware employed. Precision and analytics are the most crucial variables in the manufacturing sector, and real-time asset data is the greatest way to learn about them.
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