Indoor Location Market Growing at 36.5% CAGR to 2019
DALLAS, November 10, 2014 /PRNewswire/ --
ReportsnReports.com adds Indoor Location Market by Solution (Tag-based, RF-based, Sensor-based), by Application (Indoor Maps & Navigation, Indoor Location-based Analytics, Tracking & Tracing, Monitoring & Emergency Management), by Service, by Vertical, & by Region - Global Forecast Up to 2019 research report to its store.
The global indoor location market is forecast to grow at 36.5% CAGR during 2014 to 2019 wherein North America is expected to be the biggest market in terms of revenue contribution, while the Asia Pacific region is expected to experience increased market traction. In recent years, there has been a substantial demand for indoor positioning and navigation equipment in the marketplace across verticals. The demand is surging in those industries that were early indoor location adopters. With potential opportunities in emerging verticals, there is a good investment that is being done in the indoor location research, development, and innovation by the majority of the market players. Complete report is available at http://www.reportsnreports.com/reports/253602-indoor-location-market-indoor-positioning-and-indoor-navigation-ipin-indoor-mapping-indoor-lbs-indoor-analytics-by-positioning-systems-network-based-independent-hybrid-global-advancements-market-forecasts-and-analysis-2013-2018-.html .
Absence of satellite signals inside the indoor spaces clearly indicated the need for indoor technologies. Hence, indoor location devices came into existence. The device manufacturers and other members in the ecosystem made tremendous efforts to build a culmination point for the proximity electronics, surveying systems, and the informatics. They still strive to bring greater possibilities in the indoor location system.
The indoor location technologies are built around the Global Positioning System (GPS) technologies, with the main difference of their utility in navigating indoor spaces, such as malls, mega-stores, offices, airports, casinos, amongst others. The methods and techniques used in the accurate mapping and navigation require no complex infrastructure. Thus, the implementation becomes hassle free. According to this research, there are multiple factors that are shaping the future of the indoor location market. One of them is the increasing number of applications that are addressing the expressed market need. Secondly, the need to deploy cost control measures is being fulfilled by the indoor location apps. Even though the adoption of this technology is relatively slow due to indoor environment challenges and performance requirements, these solutions are expected to grow steadily and shall have a pervasive existence across all the major verticals. Improved customer experience, on a real-time basis, will be the major 'pull' factor.
In this research, the global indoor location market has segmented by type of solution: tag-based, rf-based, sensor-based and others; by type of application: indoor maps and navigation, indoor location-based analytics, tracking & tracing, monitoring & emergency management; by type of service: consulting, managed services, system integration and others; by type of verticals: academia & education, BFSI, government, public safety & urban security, healthcare, retail, media & advertising, manufacturing, distribution & logistics, oil, gas & mining and tourism & hospitality; by regions: North America (NA), Asia Pacific (APAC), Europe(EU), Middle East and Africa (MEA), and Latin America(LA).
Companies profiled in this indoor location market 2014-219 report include Apple Inc., Broadcom Corporation, CISCO Systems Inc., Ericsson, Google Inc., Microsoft Corporation, Motorola Solutions, Nokia Corporation, STMicroelectronics N.V. and Qualcomm. Many small innovative companies have also surfaced and are forthcoming as the solution providers for the indoor location market. The indoor location research report analyzes global adoption trends, drivers, and evolving platforms in this rapidly emerging market. The report aims at identifying and evaluating the current market size and the future market opportunities. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=253602 .
On the same lines, Global Indoor Location-based Service (LBS) Market 2014-2018 is another research report of 91 pages that forecasts the LBS industry to grow at 49.42% CAGR during 2013-2018. To calculate the market size, the report considers the revenue generated from the following:
- Licensing of indoor LBS software, applications, middleware, and platforms
- Annual sales of devices used for indoor LBS
- Indoor LBS maps and navigation, tracking, monitoring, emergency services, and analytics
- LBS search and advertising revenue
- Indoor LBS used in commercial buildings, government offices, and important buildings as well as the Public Safety and Security, Education, Healthcare, Travel and Hospitality, Manufacturing, Logistics and Distribution, Oil and Gas, and Mining industries.
Companies like Apple, Google, HERE, Micello, Shopkick, TeleCommunication Systems, Admoove, Adnear, AutoNavi, Broadcom, Cisco, Deals, FastMall.com, Follow Mee GPS Tracker, Indoo.rs, Insiteo, Meijer, Microsoft Corp., Navizon Inc., NearbyNow, NextNav, Path Intelligence, Polaris Wireless Inc., Pole Star, Qubulus AB, Sensewhere, Skyhook Wireless Inc., Sonic Notify Inc., Taganode, Teldio, Telenav, Telmap, Tom Tom, Vouchercloud, Walkbase, Weve, WirelessWERX, xAD, Xtify, Yelp, Yourban and Yowza are discussed in this research available at http://www.reportsnreports.com/reports/297331-global-indoor-location-based-service-lbs-market-2014-2018.html .
The US Enterprise Indoor LBS industry is growing at 43.48% CAGR according to another research titled Enterprise Indoor LBS Market in the US 2014-2018 and available with ReportsnReports.com at http://www.reportsnreports.com/reports/298130-enterprise-indoor-lbs-market-in-the-us-2014-2018.html . This research presents the vendor landscape and a corresponding detailed analysis of six major vendors in the Enterprise Indoor LBS market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market. Key Questions Answered in this Report cover what will the market size be in 2018 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
Explore more reports on the IT & Telecommunication market at http://www.reportsnreports.com/market-research/information-technology/ and other research data by MarketsandMarkets at http://www.reportsnreports.com/publisher/marketsandmarkets/ .
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