Global Indoor Location Market Research Report Forecast (2024-2030)

1. Indoor Location Market 2024-2030 sales@marknteladvisors.com Swipe +1 628 895 8081, +91 120 4278433 www.marknteladvisors.com

2. Market Insights The Global Indoor Location Market size was valued at USD 11.19 billion in 2024 & is projected to reach USD 39.11 billion by 2030. The market is also estimated to grow at a CAGR of around 23.19% during the forecast period, i.e., 2024-30. The rising popularity of smart devices & technologies, growing digitalization trends, the increasing penetration of the internet & smartphones, and the inadequacy of GPS technology in indoor locations are the key aspects aiding in enhancing the market growth. Besides, the growing integration of LBS (Location-based Services), significant advancements in indoor positioning technologies, and the rising focus of businesses on customer engagement & analytics are other prominent factors projected to contribute to influencing the Indoor Location Market share in the following years. Swipe

3. Market Driver Rising Penetration of Smartphones & Connected Devices With the rising usage of smartphones & changing consumer buying behaviors, companies are trying to provide location-based applications to engage their customers in indoor spaces. By offering navigation for products, indoor positioning helps retailers improve the overall customer experience, thus making it popular among retailers. Furthermore, rapid advancements in smartphones are also instigating the usage of indoor location systems, which might reduce the need for satellite-based navigation applications in closed urban situations, thus eventually driving the demand graph of the Indoor Location Market. Swipe

4. Market Segmentation By Component (Hardware, Solutions [Indoor Tracking {Asset & People Tracking, Indoor Location Analytics}, Indoor Navigation], Services [Managed Services, Professional Services {Deployment & Integration, Consulting, Maintenance & Upgrade}]) By Deployment Mode (On-Premise, Cloud) By Connectivity: Bluetooth, WiFi, Ultra-Wideband Technology, Others By Region : North America, South America, Europe, Middle East & Africa, Asia Pacific Swipe

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