According the report, Location Data and Analytics Platform Help in Marketing Personalised Products to Consumers is one of the primary growth factors for the market. Rising Emphasis on Consumer Preference and Consumer Behaviour due to advancements in technologies related to Big Data analytics and consumer behavior analytics
is also expected to contribute significantly to the Indoor Location Based Services market. Overall, Navigation and Travel
applications of Indoor Location Based Services, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Indoor Location Based Services market identified that the demand is rising in many different parts of the world as "Rising Demand for the Complementing Software to Smart Homes and Smart Infrastructures in Different Industry
". Furthermore, some recent industry insights like "In July 2018, Environmental Systems Research Institute (ESRI) Inc. launched an indoor mapping product ArcGIS Indoors, enabling interactive indoor mapping of corporate facilities, retail and commercial locations, airports, and hospitals to take their workflow efficiencies to the next level. ArcGIS Indoors allows you to create a 2D or 3D digital indoor map of your building, visualizing all rooms and amenities." is constantly making the industry dynamic. One of the challenges that industry facing is "Less Awareness about Indoor Location Based Service and Software product"
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Indoor Location Based Services market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Indoor Location Based Services market and other related sub-markets covered in the study.
o Key & emerging players in the Indoor Location Based Services market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Indoor Location Based Services market size is calculated using market estimation process, the Indoor Location Based Services market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Indoor Location Based Services market size has been validated using both top-down and bottom-up approaches.