About Indoor Location Application Platforms
Indoor Location Application or Indoor positioning system (IPS) is a network of sensors used to find people or things in places where GPS and other satellite systems lack precision or fail totally, such as multistory buildings, airports, alleys, parking garages, and underground areas. Business applications are the key driver of IPS adoption, with goals such as higher revenue production, lower operating expenses, and improved customer satisfaction. The return on investment for business applications easily justifies the cost. Business applications are driving the increasing use of IPS technology, and security applications frequently make advantage of the deployed IPS infrastructure. This is easier to do when security applications are discussed at the outset.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Indoor Location Application Platforms 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.
Zebra Technologies (United States), Juniper Networks, Inc. (United States), HID Global (United States), Google LLC (United States), Infsoft GmbH (Germany), Microsoft Corporation (United States), Apple Inc. (United States), Cisco Systems (United States), Hewlett Packard Enterprise (United States) and Acuity Brands, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Esri (United States), CenTrak (Halma plc) (United States), Sonitor Technologies (Norway), Ubisense (United Kingdom), InnerSpace (Canada) and Oriient New Media Ltd (Israel).
Segmentation Overview
AMA Research has segmented the market of Global Indoor Location Application Platforms market by , Application (Emergency Response Management, Sales And Marketing Optimization, Remote Monitoring, Predictive Asset Maintenance, Supply Chain Management and Others) and Region.
On the basis of geography, the market of Indoor Location Application Platforms 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 Technology, the sub-segment i.e. Technologies will boost the Indoor Location Application Platforms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment, the sub-segment i.e. Cloud will boost the Indoor Location Application Platforms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Scale, the sub-segment i.e. Large Enterprises will boost the Indoor Location Application Platforms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Indoor Location Application Platforms market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Propagation of Smartphones & Connected Devices Among Users
Market Growth Drivers:
Increasing Applications Across Beacon and BLE tags and Inefficiency of the GPS In Indoor Environments
Challenges:
Lack of Administration and High Initial Investment
Restraints:
Data Theft and Privacy Concerns and Stringent Data Protection Regulations
Opportunities:
Increasing Implementation of RFID Tags Across Retail Industry and Demand for Contact-Tracing Solutions Due to Global Pandemic
Market Leaders and their expansionary development strategies
In June 2021 - Verizon Acquired Indoor Positioning System Provider Senion. The Senion System Expands Verizon's Location-Based Technology Capabilities by Adding Indoor Wayfinding, Geofencing, Location Sharing, Analytics, And Predictive Intelligence. The Software Employs Statistics and An Interactive Dashboard for Efficient Indoor Handling.
In June 2021 - Crowd Connected Released Free-to-Use Indoor Positioning System. The New Sail Platform Drastically Decreases the Time, Effort, And Expense of Implementing and Maintaining ‘Blue-Dot' Navigation on Smartphones in Any Building. It Also Has Built-In Mapping and Pre-Built Connections with Key Indoor Mapping Suppliers.
Key Target Audience
Indoor Location Application Platform Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
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.