The global indoor location market size will grow from $6.1 billion in 2020 to $17.2 billion in 2025 with a CAGR of 22% over the forecast period. The key growth drivers for the indoor location market are the increasing number of applications driven by beacons and Bluetooth Low Energy (BLE) tags, and the increased integration of beacons in cameras. And Light Emitting Diode (LED) lightning, Point of Sales (PoS), and digital signage. The proliferation of smartphone-connected devices and location-based applications is also expected to drive the market growth.
A full report of Indoor Location Market is available at: https://www.orionmarketreports.com/indoor-location-based-services-lbs-market/23905/
Indoor Location Market Segmentations
By component
• Hardware
• Solutions
• Services
By deployment mode
• Cloud
• On-Premises
By organization size
• Large Enterprises
• Small and Medium-sized Enterprises (SMEs)
By technology
• Bluetooth Low Energy (BLE)
• Ultra-widebandUWB
• Wireless Fidelity (Wi-Fi)
• Others (Ultrasound, Simultaneous Localization and Mapping [SLAM], and Infrared)
By application
• Emergency Management
• Sales and Marketing Optimization
• Remote Monitoring
• Predictive Asset Maintenance
• Supply Chain Management
• Others (Augmented Reality [AR] and Security)
By vertical
• Retail
• Travel and Hospitality
• Entertainment
• Transportation and Logistics
• Government and Public Sector
• Manufacturing
• Healthcare
• Others (Education, Banking, Financial Services, and Insurance [BFSI], and Energy and Utilities)
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