Indoor Location Market Increasing Demand, Growth Analysis and Future Outlook by 2031

The global indoor location market is anticipated to grow at a considerable CAGR of 18.2% during the forecast period. The market players are contributing significantly to the market growth by adopting various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, Google and Apple had collaborated in April 2020, to enable the usage of Bluetooth technology by the government and healthcare agencies to reduce the spread of COVID-19. This had enabled a broader Bluetooth-based contact tracing platform.

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Similarly, Quuppa had partnered with Favendo in March 2020, one of the leading RTLS providers in Germany, Austria, and Switzerland. This partnership would enable Favendo customers to choose their RTLS platform commander, the Quuppa intelligent locating system, or a custom-fit hybrid solution that ideally combines the strengths of both systems, depending on the application and requirement. Such kinds of developments across the market are anticipated to fuel the growth of the global indoor location market during the forecast period.

Global Indoor Location Market Report Segment

By Component

  • Solution
  • Services

By Application

  • Indoor Navigation & Maps
  • Tracking & Tracing Application
  • Monitoring & Emergency Management
  • Others

By Industry

  • Retail
  • Transportation & Logistics
  • Healthcare
  • Oil, Gas & Mining
  • IT & Media
  • Manufacturing
  • Government (including Public Utilities & Public Safety & Security)
  • Others (including BFSI, education, automotive, construction & buildings, and utilities)

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Indoor Location Market Report Segment by Region

 

North America          

  • United States
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific   

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa
  • Latin America

Company Profiles

 

  • AeroScout Industrial (Stanley Black & Decker)
  • AISLE411
  • Apple, Inc.
  • Broadcom Corp.
  • Cisco Systems, Inc.
  • Glopos Technologies
  • Google, Inc.
  • Hewlett Packard Enterprise Development LP
  • HID Global Corp.
  • IndoorAtlas Ltd.
  • Inpixon
  • io

 

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