Indoor Location Market to Reach $40.9 Billion by 2022 – Growing Trend of Digitalization – Research and Markets

DUBLIN–(BUSINESS WIRE)–The “Indoor
Location Market by Component, Deployment Mode, Application, Vertical and
Region – Global Forecast to 2022”
report has been added to Research
and Markets’
offering.

The global indoor location market size is expected to grow from USD 7.11
billion in 2017 to USD 40.99 billion by 2022, at a Compound Annual
Growth Rate (CAGR) of 42% during forecast period. The growing trend of
digitalization, increasing use of connected devices, and reliable
assistance from governments for ensuring public safety are the major
factors driving the growth of the indoor location market, while
deployment and maintenance challenges are some of the major restraints
for the growth of the indoor location market.

Among the technologies, the sensor and tag-based technology is a
high-growth segment in the indoor location market. To monitor natural
phenomena, such as heat, pressure, humidity, and air pollution, in a
certain indoor space, multiple sensors are integrated with connected
devices. Tags are also used to monitor products and assets in the retail
and manufacturing verticals respectively. Adoption of the sensor and
tag-based technology is increasing, due to the easy adoption of
technology.

The cloud deployment mode is expected to have the larger market size
than the on-premises segment. Cloud-based indoor location solution
providers are developing robust cloud-based solutions for their users.
Additionally, organizations are migrating to either a private or a
public cloud. Moreover, the cloud deployment mode provides flexibility
for business operations and can also be integrated with predictive
analytics to provide real-time business insights.

Companies Mentioned

  • Apple
  • Broadcom
  • Cisco Systems
  • Ericsson
  • Geomoby
  • Google
  • Micello
  • Microsoft
  • Qualcomm Technologies
  • Senion
  • Stmicroelectronics
  • Zebra Technologies

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Indoor Location Market Analysis, By Component

7 Market Analysis, By Deployment Mode

8 Market Analysis, By Application

9 Indoor Location Market Analysis, By Vertical

10 Geographic Analysis

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/cpmnhb/indoor_location

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Related
Topics: Location
Based Services