Major players in Indoor Location market analyzed in this report are Apple, Broadcom, Cisco, Ericsson, Google, Nokia, Microsoft, Motorola, Qualcomm, STMicroelectronics and many more.
(PRWEB) November 26, 2014
The report "Indoor Location Market by Solution (Tag-based, RF-based, Sensor-based), Application (Indoor Maps & Navigation, Indoor Location-based Analytics, Tracking & Tracing, Monitoring & Emergency Management), Service, Vertical, Region - Global Forecast Up to 2019" defines and segments the market for an in-depth analysis of latest trends and revenue forecasts. The report also identifies various drivers, restraints, and opportunities impacting the market along with global adoption trends, future growth potential, competitive outlook, and the best practices in this market.
Browse 87 market data tables and 81 figures spread through 152 pages and in-depth TOC on “Indoor Location Market”:
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MarketsandMarkets has segmented the global indoor location market on the basis of the types of solutions, which include tag-based, RF-based, sensor-based and others. Based on the types of applications, the report categorizes the market into indoor maps and navigation, indoor location-based analytics, tracking & tracing, monitoring & emergency management. Based on the types of services, the report segments this market into consulting, managed services, system integration and other services. It segments the market on the basis of industry verticals. These verticals include academia & education, BFSI, government, public safety & urban security, healthcare, retail, media & advertising, manufacturing, distribution & logistics, oil, gas & mining and tourism & hospitality. On the basis of geographic regions, the report divides the global market into North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA), and Latin America (LA).
According to the report, lean automation, lean robotics and increasing building sizes have given rise to the new business scenarios in this market. Indoor location providers look forward to gain better competitive advantage in this emerging market, thereby creating customizable new location-based applications that facilitate quicker customer adoption of the same.
According to the report, the pressing needs from the end customers for location based services are playing major role in defining the future of the indoor location market. The advent of hybrid positioning systems, location based analytics, real time tracking and navigation solutions are the products of huge demand for indoor location based products. Companies are putting sincere efforts in building customer specific products.
MarketsandMarkets estimates that the global indoor location market is projected to grow $4,424.1 Million by 2019. This growth is estimated to represent a projected Compound Annual Growth Rate (CAGR) of 36.5%. In the current scenario, retail vertical continues to be the largest market segment for the indoor location solutions amongst verticals. It expects North America to be the biggest market in terms of revenue contribution, while expects the Asia Pacific region to experience increased market traction, during the forecasting period.
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