Market Overview:
The global indoor location system market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for indoor location systems from various applications such as transportation, hospitality, public buildings, and others. Additionally, the growing demand for RF-based (Wi-Fi/BLE) and sensor and tag-based systems is also contributing to the growth of this market. However, factors such as high installation cost and lack of standardization are restraining the growth of this market.
Product Definition:
An Indoor Location System is a wireless system used to determine the location of objects or people inside a building. The system uses sensors to detect the signal strength and direction of signals from wireless access points. This information is then used to calculate the location of the object or person.
RF Based (Wi-Fi/BLE):
RF-Based (Radio Frequency) is a technology that uses radio waves for communication. It is similar to the way Bluetooth works in terms of frequency and connection, but RF Based (Wi-Fi/BLE) can connect devices wirelessly at much longer distances than Bluetooth.
Sensor and Tag Based:
Sensor and tag based indoor location system is a new term which has been derived from the combination of two technologies namely sensor network and tracking technology. The major application areas for this technology include retail, transportation, logistics & warehousing, fleet management among others. This technology helps to determine the position of an object or person using various sensors placed around the desired area.
Application Insights:
The location technology market has witnessed significant growth over the past few years owing to its wide applications in several sectors such as transportation, hospitality, public buildings and others. The transportation application segment accounted for a major share of the overall revenue in 2017. It is widely used for tracking and monitoring vehicles or containers for their safety on roads. Indoor location technology helps in determining the position of a vehicle or container on a map, by receiving signals from various sensors attached to it and by using beacons as reference points. These systems are integrated with Global Positioning Systems (GPS) which provide accurate real-time information about locations thereby making them highly reliable and robust solutions compared to other technologies that use only static data points regarding coordinates at any given time.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to various factors such as increasing government initiatives, rising adoption of smart cities projects and rapid technological advancements. For instance, in 2015, the U.S Department of Defense (DoD) initiated a project named— Smart Cities Mission - which has provided USD Galvin Award to nine U.
Asia Pacific is expected to witness significant growth over the forecast period owing to increasing investments by governments across countries such as China and India for developing smart city projects that include deployment of Indoor Location System technology at various locations such as railway stations, airports etc.
Growth Factors:
- Increasing demand for location-based services: The indoor location system market is expected to grow at a high rate owing to the increasing demand for location-based services. This is because of the advantages offered by indoor location systems such as increased accuracy, real-time tracking, and better customer experience.
- Proliferation of smartphones and tablets: The growth of the smartphone and tablet market is expected to drive the growth of the indoor location system market as these devices are equipped with GPS receivers that can be used for locating objects or people indoors.
- Growing number of retail stores: Retail stores are increasingly adopting indoor positioning systems in order to improve their customer service levels and increase their sales revenue. For instance, Macy’s, a leading U.S.-based retailer, has installed an Indoor Positioning System (IPS) in all its stores across America in order to provide customers with directions within the store and help them find products quickly and easily.
- thereby providing a major impetus to the growth of the indoor location system market . This is because many businesses are now realizing that installing an effective security & surveillance system can help them reduce losses due theft or vandalism etc., thus resulting in increased profits margins..
Scope Of The Report
Report Attributes
Report Details
Report Title
Indoor Location System Market Research Report
By Type
RF Based (Wi-Fi/BLE), Sensor and Tag Based, Others
By Application
Transportation, Hospitality, Public Buildings, Others
By Companies
Apple, Inc., Cisco Systems, Inc., Google, Inc., Microsoft Corporation, Qualcomm Technologies, Inc., Broadcom Ltd., Ericsson, Zebra Technologies, Senionlab AB., Stmicroelectronics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
180
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Indoor Location System Market Report Segments:
The global Indoor Location System market is segmented on the basis of:
Types
RF Based (Wi-Fi/BLE), Sensor and Tag Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transportation, Hospitality, Public Buildings, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple, Inc.
- Cisco Systems, Inc.
- Google, Inc.
- Microsoft Corporation
- Qualcomm Technologies, Inc.
- Broadcom Ltd.
- Ericsson
- Zebra Technologies
- Senionlab AB.
- Stmicroelectronics
Highlights of The Indoor Location System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- RF Based (Wi-Fi/BLE)
- Sensor and Tag Based
- Others
- By Application:
- Transportation
- Hospitality
- Public Buildings
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Indoor Location System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Indoor Location System (ILS) is a technology that enables devices to determine their location indoors. This can be used for a variety of purposes, such as providing navigation directions or tracking the whereabouts of employees. ILS systems typically use GPS coordinates to pinpoint an individual's location, but they can also use other methods, such as radio frequency identification (RFID).
Some of the major companies in the indoor location system market are Apple, Inc., Cisco Systems, Inc., Google, Inc., Microsoft Corporation, Qualcomm Technologies, Inc., Broadcom Ltd., Ericsson, Zebra Technologies, Senionlab AB., Stmicroelectronics.
The indoor location system market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Indoor Location System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Indoor Location System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Indoor Location System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Indoor Location System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Indoor Location System Market Size & Forecast, 2018-2028
4.5.1 Indoor Location System Market Size and Y-o-Y Growth
4.5.2 Indoor Location System Market Absolute $ Opportunity
Chapter 5 Global Indoor Location System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Indoor Location System Market Size Forecast by Type
5.2.1 RF Based (Wi-Fi/BLE)
5.2.2 Sensor and Tag Based
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Indoor Location System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Indoor Location System Market Size Forecast by Applications
6.2.1 Transportation
6.2.2 Hospitality
6.2.3 Public Buildings
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Indoor Location System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Indoor Location System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Indoor Location System Analysis and Forecast
9.1 Introduction
9.2 North America Indoor Location System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Indoor Location System Market Size Forecast by Type
9.6.1 RF Based (Wi-Fi/BLE)
9.6.2 Sensor and Tag Based
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Indoor Location System Market Size Forecast by Applications
9.10.1 Transportation
9.10.2 Hospitality
9.10.3 Public Buildings
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Indoor Location System Analysis and Forecast
10.1 Introduction
10.2 Europe Indoor Location System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Indoor Location System Market Size Forecast by Type
10.6.1 RF Based (Wi-Fi/BLE)
10.6.2 Sensor and Tag Based
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Indoor Location System Market Size Forecast by Applications
10.10.1 Transportation
10.10.2 Hospitality
10.10.3 Public Buildings
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Indoor Location System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Indoor Location System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Indoor Location System Market Size Forecast by Type
11.6.1 RF Based (Wi-Fi/BLE)
11.6.2 Sensor and Tag Based
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Indoor Location System Market Size Forecast by Applications
11.10.1 Transportation
11.10.2 Hospitality
11.10.3 Public Buildings
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Indoor Location System Analysis and Forecast
12.1 Introduction
12.2 Latin America Indoor Location System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Indoor Location System Market Size Forecast by Type
12.6.1 RF Based (Wi-Fi/BLE)
12.6.2 Sensor and Tag Based
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Indoor Location System Market Size Forecast by Applications
12.10.1 Transportation
12.10.2 Hospitality
12.10.3 Public Buildings
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Indoor Location System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Indoor Location System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Indoor Location System Market Size Forecast by Type
13.6.1 RF Based (Wi-Fi/BLE)
13.6.2 Sensor and Tag Based
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Indoor Location System Market Size Forecast by Applications
13.10.1 Transportation
13.10.2 Hospitality
13.10.3 Public Buildings
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Indoor Location System Market: Competitive Dashboard
14.2 Global Indoor Location System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple, Inc.
14.3.2 Cisco Systems, Inc.
14.3.3 Google, Inc.
14.3.4 Microsoft Corporation
14.3.5 Qualcomm Technologies, Inc.
14.3.6 Broadcom Ltd.
14.3.7 Ericsson
14.3.8 Zebra Technologies
14.3.9 Senionlab AB.
14.3.10 Stmicroelectronics
