Indoor Location Market Worth $23.13 Billion by 2021 - Growing Trend of Digitalization - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Indoor Location Market - Global Forecast to 2021" report to their offering.

The Indoor location market size is estimated to grow from USD 4.72 billion in 2016 to USD 23.13 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 37.4% from 2016 to 2021.

The growing trend of digitalization, usage of smartphones with innovative mobile applications, mobile commerce, and technological enhancements in smartphones and tablets have enabled fast and improved shopping experiences for customers at malls and stores. It has been seen that many users use their handsets to obtain real-time location-based information. Moreover, they often use geo-social services to share their geographic location among friends. Therefore, a surge in the growth of the location-based services market is expected because of the increased penetration of smartphones.

Lack of awareness about the use of indoor location & deployment, and maintenance challenges are restricting the growth of indoor location technology. Lack of knowledge about the technology or its use is becoming one of the biggest challenges to the indoor location market as it hinders customer adoption and acceptance. Also, the network infrastructure needed to implement indoor positioning is different from the usually installed network equipment, which poses a challenge on the selection of those network devices and their deployment.

Companies Mentioned:

  • Apple, Inc.
  • Broadcom Ltd.
  • Cisco Systems, Inc.
  • Ericsson
  • Google, Inc.
  • Microsoft Corporation
  • Qualcomm Technologies, Inc.
  • Senionlab AB.
  • Stmicroelectronics N.V
  • Zebra Technologies

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Indoor Location Market Analysis, By Component

8 Indoor Location Market Analysis, By Application

9 Indoor Location Market Analysis, By End User

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/9bn9ld/indoor_location

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Location Based Services

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Location Based Services