Indoor Location Application Platforms Market Scope
Indoor Location Application or Indoor positioning system (IPS) is a network of sensors used to find people or things in places where GPS and other satellite systems lack precision or fail totally, such as multistory buildings, airports, alleys, parking garages, and underground areas. Business applications are the key driver of IPS adoption, with goals such as higher revenue production, lower operating expenses, and improved customer satisfaction. The return on investment for business applications easily justifies the cost. Business applications are driving the increasing use of IPS technology, and security applications frequently make advantage of the deployed IPS infrastructure. This is easier to do when security applications are discussed at the outset.
The Indoor Location Application Platforms market study is segmented, by Application (Emergency Response Management, Sales And Marketing Optimization, Remote Monitoring, Predictive Asset Maintenance, Supply Chain Management and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Indoor Location Application Platforms market throughout the predicted period.
Zebra Technologies (United States), Juniper Networks, Inc. (United States), HID Global (United States), Google LLC (United States), Infsoft GmbH (Germany), Microsoft Corporation (United States), Apple Inc. (United States), Cisco Systems (United States), Hewlett Packard Enterprise (United States) and Acuity Brands, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Esri (United States), CenTrak (Halma plc) (United States), Sonitor Technologies (Norway), Ubisense (United Kingdom), InnerSpace (Canada) and Oriient New Media Ltd (Israel).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Indoor Location Application Platforms market by Type, Application and Region.
On the basis of geography, the market of Indoor Location Application Platforms has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 12th June 2021 - Verizon Acquired Indoor Positioning System Provider Senion. The Senion System Expands Verizon's Location-Based Technology Capabilities by Adding Indoor Wayfinding, Geofencing, Location Sharing, Analytics, And Predictive Intelligence. The Software Employs Statistics and An Interactive Dashboard for Efficient Indoor Handling.
On 30th June 2021 - Crowd Connected Released Free-to-Use Indoor Positioning System. The New Sail Platform Drastically Decreases the Time, Effort, And Expense of Implementing and Maintaining ‘Blue-Dot' Navigation on Smartphones in Any Building. It Also Has Built-In Mapping and Pre-Built Connections with Key Indoor Mapping Suppliers.
- Propagation of Smartphones & Connected Devices Among Users
- Increasing Applications Across Beacon and BLE tags
- Inefficiency of the GPS In Indoor Environments
- Increasing Implementation of RFID Tags Across Retail Industry
- Demand for Contact-Tracing Solutions Due to Global Pandemic
- Data Theft and Privacy Concerns
- Stringent Data Protection Regulations
- Lack of Administration
- High Initial Investment
Key Target AudienceIndoor Location Application Platform Developers, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Indoor Location Application Platforms Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.