Indoor Location Market – Global Industry Forecast to 2029
The Indoor location market is estimated at USD 11.9 billion in 2024 and is projected to reach USD 31.4 billion by 2029, at a CAGR of 21.4% from 2024 to 2029.
屋内位置情報市場は、2024 年に 119 億米ドルと推定され、2024 年から 2029 年までの CAGR 21.4% で、2029 年までに 314 億米ドルに達すると予測されています。
The report provides insights on the following pointers:
Analysis of key drivers (proliferation of smartphones, connected devices, and location-based applications among customers, Increased number of applications powered by beacons and BLE tags, and growing integration of beacons in cameras), restraints (concerns related to data security and privacy obstruct the adoption of indoor location, stringent government rules and regulations, and high installation and maintenance costs), opportunities (increasing demand for RFID tags across the retail industry, growing demand for indoor location technologies to support lean automation and robotic processes, and focus on Industry 4.0 smart cities and smart manufacturing), and challenges (Lack of skills and awareness about indoor location technologies, dearth of uniform standards and interoperability coupled with system incompatibility).
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Indoor location market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the Indoor location market across various regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Indoor location market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like Zebra Technologies Corporation (US), Cisco (US), Google (US), Microsoft (US), HPE (US), Apple (US), Esri (US), Acuity Brands(US), Inpixon(US), HERE Technologies (US), HID Global (US), CenTrak (US), Sonitor (Norway), Ubisense (UK), infsoft (Germany), Polaris Wireless (US), Quuppa (Finland), Securitas Healthcare (US), Navigine (US), Blueiot (China), Kontakt.io (US), AiRISTA (US), InnerSpace (Canada), Syook (India), Oriient (Israel), Navenio (England), Situm (Spain), Pozyx (Belgium), Azitek (Portugal), and Mapxus (China).