About Indoor Location Analytics
The global indoor location analytics market is expected to witness high growth over the forecast period owing to improved adoption of connected devices and reliable assistance from governments regarding public safety. Indoor location analytics is a variety of systems that use consumers’ mobile devices to track their physical position within a building and offer navigational and wayfinding assistance. However, the deployment and maintenance challenges of indoor location analytics hampering the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Leading key players of indoor location analytics are focusing on strategic partnerships to improve their products and services along with focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Indoor Location Analytics market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Apple (United States), Broadcom (United States), Cisco Systems (United States), Ericsson (Sweden), GeoMoby (Australia), Google (United States), Micello (United States), Microsoft (United States), Qualcomm (United States) and Senion (Sweden) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are STMicroelectronics (Switzerland), Zebra Technologies (United States) and Wifarer (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Indoor Location Analytics market by , Application (Remote Monitoring and Risk Management) and Region.
On the basis of geography, the market of Indoor Location Analytics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Solutions will boost the Indoor Location Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Transportation will boost the Indoor Location Analytics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Ineffectiveness of the GPS Technology in Indoor Premises
Market Growth Drivers:
Improved Adoption of Connected Devices and Reliable Assistance from Governments Regarding Public Safety
Challenges:
Lack of Awareness about the Use of the Indoor Location Analytics
Restraints:
Deployment and Maintenance Challenges of Indoor Location Analytics
Opportunities:
Increasing Demand for the Indoor Location Analytics to Enhance the Lean Automation and Robotics Processes
Market Leaders and their expansionary development strategies
In August 2019, Inpixon, a leading indoor positioning and data analytics company, announced that it has completed the acquisition of Jibestream Inc. ("Jibestream"), a premier provider of indoor mapping and location technology.
In July 2022, Esri, the global leader in location intelligence, has launched ArcGIS IPS. The new product will enable organizations to add indoor location services across their facilities and campuses.
Key Target Audience
Indoor location analytics Service Providers, Service Providers, Network Solution Providers, Software Solution Providers, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.