HOME Top Market Reports Indoor Location Market by Component (Technology, Software Tools, and Services), Deployment Mode (Cloud, and On-premises), Application, Vertical (Transportation, Hospitality, Entertainment, Retail, and Public Buildings), and Region - Global Forecast to 2022

Indoor Location Market by Component (Technology, Software Tools, and Services), Deployment Mode (Cloud, and On-premises), Application, Vertical (Transportation, Hospitality, Entertainment, Retail, and Public Buildings), and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: October 2017
Report Code: TC 2878

 

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The global indoor location market accounted for USD 5.22 Billion in 2016 and is projected to reach USD 40.99 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 42.0% during the forecast period. The base year considered for the study is 2016, and the forecast period under consideration is 2017–2022.

The objective of the report is to define, describe, and forecast the indoor location market size on the basis of components (technology, software tools, and services), deployment modes, applications, verticals, and regions. The report aims to provide detailed information about the key factors (drivers, restraints, opportunities, and challenges) influencing the market growth, and it tracks and analyzes the market scenario on the basis of the technological developments, product launches, partnerships, acquisitions, and business expansions related to the market. The report also forecasts the market size of the different market segments with respect to the 5 major regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.

This research study involved the extensive use of secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva, to identify and collect information useful for the technical, market-oriented, and commercial aspects of the indoor location market.

The research methodology used to estimate and forecast the indoor location market began with the capturing of data on the key vendor revenues through secondary research. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the market from the revenues of the key market players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), Chief Marketing Officers (CMOs), directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments. The breakdown of the primary profiles is depicted in the below figure:

Indoor Location Market

To know about the assumptions considered for the study, download the pdf brochure

Some of the major vendors in the indoor location market are Apple (US), Broadcom (US), Cisco Systems (US), Ericsson (Sweden), GeoMoby (Australia), Google (US), Micello (US), Microsoft (US), Qualcomm (US), Senion (Sweden), STMicroelectronics (Switzerland), and Zebra Technologies (US).

Key Target Audience

  • Business organizations
  • Indoor location Software Development Kit (SDK) providers
  • Indoor location platform providers
  • Cloud service providers
  • Research organizations
  • Investors and venture capitalists
  • System integrators
  • Value-Added Resellers (VARs) and distributors
  • Service professionals
  • Government authorities/non-profit associations
  • Compliance regulatory authorities

Scope of the Report

The indoor location market report is broadly segmented into the following components, deployment modes, applications, verticals, and regions.

By Component

  • Technology
    • Radio Frequency (RF)-based
    • Sensor and tag-based
    • Others (Satellite/remote sensing and microwave)
  • Software Tools
    • Visualization
    • Location analytics
    • Context accelerator
    • Others (Date integration and Extract, Transform, and Load (ETL), and database management system)
  • Services
    • Managed services
    • Professional services

By Deployment Mode

  • Cloud
  • On-premises

By Application

  • Sales and marketing optimization
  • Customer experience management
  • Remote monitoring
  • Inventory management
  • Predictive asset analytics
  • Risk management
  • Emergency response management
  • Others (Augmented reality and supply chain optimization)

By Vertical 

  • Retail
  • Transportation
  • Entertainment
  • Hospitality
  • Public buildings
  • Others (Banking, Financial Services, and Insurance (BFSI), manufacturing, and oil and mining)

By Region

  • North America
  • Europe
  • APAC
  • MEA
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations based on company-specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakdown of the APAC market into the countries contributing 75% of the regional market size
  • Further breakdown of the North American market into countries contributing 75% of the regional market size
  • Further breakdown of the Latin American market into countries contributing 75% of the regional market size
  • Further breakdown of the MEA market into countries contributing 75% of the regional market size
  • Further breakdown of the European market into countries contributing 75% of the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Research Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities
    4.2 Top 3 Verticals
    4.3 Indoor Location Market, By Application and Vertical
    4.4 Indoor Location Potential
    4.5 Life Cycle Analysis, By Region

5 Market Overview and Industry Trends (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increased Adoption of Connected Devices
                    5.2.1.2 Inefficiency of the Gps Technology in Indoor Premises
                    5.2.1.3 Reliable Assistance From Governments for Ensuring Public Safety
           5.2.2 Restraints
                    5.2.2.1 Deployment and Maintenance Challenges
           5.2.3 Opportunities
                    5.2.3.1 Hassle-Free Navigation and Improved Decision-Making
                    5.2.3.2 Growing Demand for the Indoor Location Technology to Enhance the Lean Automation and Robotics Processes
           5.2.4 Challenges
                    5.2.4.1 Poor Availability of the Indoor Location Technology Due to Privacy Concerns and Lack of Standards
                    5.2.4.2 Lack of Awareness About the Use of the Indoor Location Technology
    5.3 Industry Trends
           5.3.1 Indoor Location Market: Use Cases
                    5.3.1.1 Introduction
                    5.3.1.2 Use Case: Scenario 1
                    5.3.1.3 Use Case: Scenario 2
                    5.3.1.4 Use Case: Scenario 3
                    5.3.1.5 Use Case: Scenario 4
                    5.3.1.6 Use Case: Scenario 5
    5.4 Industry Standards Useful in the Indoor Location Technology
    5.5 Need for Indoor Location Technology

6 Indoor Location Market Analysis, By Component (Page No. - 47)
    6.1 Introduction
    6.2 Technology
           6.2.1 Radio Frequency-Based
           6.2.2 Sensor and Tag-Based
           6.2.3 Others
    6.3 Software Tools
           6.3.1 Visualization
           6.3.2 Location Analytics
           6.3.3 Context Accelerator
           6.3.4 Others
    6.4 Services
           6.4.1 Managed Services
           6.4.2 Professional Services

7 Market Analysis, By Deployment Mode (Page No. - 60)
    7.1 Introduction
           7.1.1 Cloud
           7.1.2 On-Premises

8 Market Analysis, By Application (Page No. - 64)
    8.1 Introduction
    8.2 Sales and Marketing Optimization
    8.3 Customer Experience Management
    8.4 Remote Monitoring
    8.5 Inventory Management
    8.6 Predictive Asset Analytics
    8.7 Risk Management
    8.8 Emergency Response Management
    8.9 Others

9 Indoor Location Market Analysis, By Vertical (Page No. - 74)
    9.1 Introduction
    9.2 Retail
    9.3 Transportation
    9.4 Entertainment
    9.5 Hospitality
    9.6 Public Buildings
    9.7 Others

10 Geographic Analysis (Page No. - 82)
     10.1 Introduction
     10.2 North America
             10.2.1 United States
             10.2.2 Canada
     10.3 Europe
             10.3.1 United Kingdom
             10.3.2 Germany
             10.3.3 France
             10.3.4 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
             10.4.2 Australia
             10.4.3 Rest of Asia Pacific
     10.5 Middle East and Africa
             10.5.1 Middle East
             10.5.2 Africa
     10.6 Latin America
             10.6.1 Brazil
             10.6.2 Mexico
             10.6.3 Rest of Latin America

11 Company Profiles (Page No. - 123)
(Business Overview, Services Offered, Strength of Service Portfolio, Business Strategy Excellence, Recent Developments)*
     11.1 Introduction
     11.2 Apple
     11.3 Broadcom
     11.4 Cisco Systems
     11.5 Ericsson
     11.6 Geomoby
     11.7 Google
     11.8 Micello
     11.9 Microsoft
     11.10 Qualcomm Technologies
     11.11 Senion
     11.12 Stmicroelectronics
     11.13 Zebra Technologies

*Details on Business Overview, Services Offered, Strength of Service Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 158)
     12.1 Industry Excerpts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Available Customizations
     12.5 Related Reports
     12.6 Author Details


List of Tables (84 Tables)

Table 1 United States Dollar (USD) Exchange Rate, 2014–2016
Table 2 Global Indoor Location Market Size and Growth Rate, 2015–2022 (USD Million and Y-O-Y %)
Table 3 Market Size, By Component, 2015–2022 (USD Million)
Table 4 Market Size, By Technology, 2015–2022 (USD Million)
Table 5 Radio Frequency-Based: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Sensor and Tag-Based: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 8 Indoor Location Market Size, By Software Tool, 2015–2022 (USD Million)
Table 9 Visualization: Market Size, By Region, 2015–2022 (USD Million)
Table 10 Location Analytics: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Context Accelerator: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Indoor Location Market Size, By Service, 2015–2022 (USD Million)
Table 14 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Indoor Location Market Size, By Deployment Mode, 2015–2022 (USD Million)
Table 17 Cloud: Market Size, By Region, 2015–2022 (USD Million)
Table 18 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 19 Indoor Location Market Size, By Application, 2015–2022 (USD Million)
Table 20 Sales and Marketing Optimization: Market Size, By Region, 2015–2022 (USD Million)
Table 21 Customer Experience Management: Market Size, By Region, 2015–2022 (USD Million)
Table 22 Remote Monitoring: Market Size, By Region, 2015–2022 (USD Million)
Table 23 Inventory Management: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Predictive Asset Management: Market Size, By Region, 2015–2022 (USD Million)
Table 25 Risk Management: Market Size, By Region, 2015–2022 (USD Million)
Table 26 Emergency Response Management: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 28 Indoor Location Market Size, By Vertical, 2015–2022 (USD Million)
Table 29 Retail: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Transportation: Market Size, By Region, 2015–2022 (USD Million)
Table 31 List of Major Upcoming Tunnels, By Type, Name, Location, Length (Meter), and Year of Completion
Table 32 Entertainment: Market Size, By Region, 2015–2022 (USD Million)
Table 33 Hospitality: Market Size, By Region, 2015–2022 (USD Million)
Table 34 Public Buildings: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 36 Indoor Location Market Size, By Region, 2015–2022 (USD Million)
Table 37 United States: List of Major Upcoming Buildings, By Name, Location, Height, No. of Floors, and Expected Year of Completion
Table 38 Canada: List of Major Upcoming Buildings, By Name, Location, Height, No. of Floors, and Expected Year of Completion
Table 39 North America: Market Size, By Country, 2015–2022 (USD Million)
Table 40 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 41 North America: Market Size, By Technology, 2015–2022 (USD Million)
Table 42 North America: Market Size, By Software Tool, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Deployment Mode, 2015–2022 (USD Million)
Table 45 North America: Market Size, By Application, 2015–2022 (USD Million)
Table 46 North America: Indoor Location Market Size, By Vertical, 2015–2022 (USD Million)
Table 47 Europe: Market Size, By Country, 2015–2022 (USD Million)
Table 48 Europe: Market Size, By Component, 2015–2022 (USD Million)
Table 49 Europe: Market Size, By Technology, 2015–2022 (USD Million)
Table 50 Europe: Market Size, By Software Tool, 2015–2022 (USD Million)
Table 51 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 52 Europe: Market Size, By Deployment Mode, 2015–2022 (USD Million)
Table 53 Europe: Market Size, By Application, 2015–2022 (USD Million)
Table 54 Europe: Indoor Location Market Size, By Vertical, 2015–2022 (USD Million)
Table 55 China: List of Major Upcoming Buildings, By Name, Location, Height, No. of Floors, and Expected Year of Completion
Table 56 Australia: List of Major Upcoming Buildings, By Name, Location, Height, No. of Floors, and Expected Year of Completion
Table 57 Rest of Asia Pacific: List of Major Upcoming Buildings, By Name, Country, Location, Height, No. of Floors, and Expected Year of Completion
Table 58 Asia Pacific: Market Size, By Country, 2015–2022 (USD Million)
Table 59 Asia Pacific: Market Size, By Component, 2015–2022 (USD Million)
Table 60 Asia Pacific: Market Size, By Technology, 2015–2022 (USD Million)
Table 61 Asia Pacific: Market Size, By Software Tool, 2015–2022 (USD Million)
Table 62 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 63 Asia Pacific: Market Size, By Deployment Mode, 2015–2022 (USD Million)
Table 64 Asia Pacific: Market Size, By Application, 2015–2022 (USD Million)
Table 65 Asia Pacific: Indoor Location Market Size, By Vertical, 2015–2022 (USD Million)
Table 66 Middle East and Africa: List of Major Upcoming Buildings, By Name, Country, Location, Height, No. of Floors, and Expected Year of Completion
Table 67 Middle East and Africa: Market Size, By Subregion, 2015–2022 (USD Million)
Table 68 Middle East and Africa: Market Size, By Component, 2015–2022 (USD Million)
Table 69 Middle East and Africa: Market Size, By Technology, 2015–2022 (USD Million)
Table 70 Middle East and Africa: Market Size, By Software Tool, 2015–2022 (USD Million)
Table 71 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 72 Middle East and Africa: Market Size, By Deployment Mode, 2015–2022 (USD Million)
Table 73 Middle East and Africa: Market Size, By Application, 2015–2022 (USD Million)
Table 74 Middle East and Africa: Indoor Location Market Size, By Vertical, 2015–2022 (USD Million)
Table 75 Brazil: List of Major Upcoming Buildings, By Name, Location, Height, and Expected Year of Completion
Table 76 Mexico: List of Major Upcoming Buildings, By Name, Location, Height, No. of Floors, and Expected Year of Completion
Table 77 Latin America: Market Size, By Country, 2015–2022 (USD Million)
Table 78 Latin America: Market Size, By Component, 2015–2022 (USD Million)
Table 79 Latin America: Market Size, By Technology, 2015–2022 (USD Million)
Table 80 Latin America: Market Size, By Software Tool, 2015–2022 (USD Million)
Table 81 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 82 Latin America: Market Size, By Deployment Mode, 2015–2022 (USD Million)
Table 83 Latin America: Market Size, By Application, 2015–2022 (USD Million)
Table 84 Latin America: Indoor Location Market Size, By Vertical, 2015–2022 (USD Million) 
 
List of Figures (46 Figures)
 
Figure 1 Global Indoor Location Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 Market Research Design
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 North America is Estimated to Have the Largest Market Share in 2017
Figure 8 Technology Segment is Estimated to Have the Largest Market Size in the Indoor Location Market in 2017
Figure 9 RF-Based Technology is Estimated to Have the Largest Market Size in 2017
Figure 10 Location Analytics Segment is Estimated to Have the Largest Market Size in 2017
Figure 11 Managed Services Segment is Estimated to Have the Larger Market Size in 2017
Figure 12 Cloud Deployment Mode is Estimated to Have the Larger Market Size in 2017
Figure 13 Sales and Marketing Optimization Application is Estimated to Have the Largest Market Size in 2017
Figure 14 Retail Vertical is Estimated to Have the Largest Market Size in 2017
Figure 15 Increasing Number of Connected Devices is A Driving Factor for the Global Indoor Location Market During the Forecast Period
Figure 16 Transportation Vertical is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 17 Sales and Marketing Optimization, and Retail are Estimated to Have the Largest Market Shares in the Indoor Location Market in 2017
Figure 18 Asia Pacific is Expected to Have the Highest CAGR During the Forecast Period
Figure 19 Asia Pacific is Expected to Have the Highest Growth Rate During the Forecast Period
Figure 20 Indoor Location Market: Drivers, Restraints, Opportunities, and Challenges
Figure 21 Global Number of Smartphone Users
Figure 22 Services Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 23 Sensor and Tag-Based Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Context Accelerator is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 25 Professional Services Segment is Expected to Grow at the Higher CAGR During the Forecast Period
Figure 26 Cloud Deployment Mode is Expected to Grow at the Higher CAGR During the Forecast Period
Figure 27 Remote Monitoring is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Transportation Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 North America is Projected to Exhibit the Largest Market Size During the Forecast Period in the Indoor Location Market
Figure 30 Geographic Snapshot: Asia Pacific is Expected to Have the Highest CAGR During 2017–2022
Figure 31 North America Market Snapshot
Figure 32 Context Accelerator Segment in North America is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 33 Context Accelerator Segment in Europe is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 34 Asia Pacific Market Snapshot
Figure 35 Context Accelerator Segment in Asia Pacific is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 36 Context Accelerator Segment in Middle East and Africa is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 37 Context Accelerator Segment in Latin America is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 38 Apple: Company Snapshot
Figure 39 Broadcom: Company Snapshot
Figure 40 Cisco Systems: Company Snapshot
Figure 41 Ericsson: Company Snapshot
Figure 42 Google: Company Snapshot
Figure 43 Microsoft: Company Snapshot
Figure 44 Qualcomm Technologies: Company Snapshot
Figure 45 Stmicroelectronics: Company Snapshot
Figure 46 Zebra Technologies: Company Snapshot

MarketsandMarkets forecasts the global indoor location market size to grow from USD 7.11 Billion in 2017 to USD 40.99 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 42.0% during forecast period. Increasing adoption of connected devices and growing demand for the indoor location technology to enhance the lean automation and robotics processes are boosting the growth of the market across the globe.

The indoor location market is segmented on the basis of components (technology, software tools, and services), deployment modes, applications, verticals, and regions. Among the technologies, the sensor and tag-based technology is a high-growth segment in the 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.

Among the software tools, the location analytics segment is expected to grow at the highest CAGR during the forecast period. Location analytics is a business intelligence process, used to generate insights from location-based and geographic business data. The generated insights are useful for marketers to plan business strategies and marketing campaigns.

Among the services, the managed services segment of the indoor location market is expected to have the larger market size than the professional services segment. Managed services include consulting, integration, and maintenance. These services are basically provided to other service providers, such as Internet Service Providers (ISPs), who do not have the resources to constantly upgrade or maintain faster computer networks. Consulting services determine and assist in designing the architecture for supporting the currently installed systems and software.

Among the deployment modes, the cloud segment 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 for real-time business insights.

Among the applications, the sales and marketing optimization application is expected to have the largest market share during the forecast period. The indoor location technology, when integrated with social media, helps find patterns in customer engagement. Interactive maps, visual analytics, and powerful intuitive dashboards help simplify the complexities of network data and support integrations across various departments and organizations on a global scale. Organizations can enhance their insights into tabular data by adding geographic locations to business data and mapping them.

Among the verticals, the transportation vertical is projected to have the highest CAGR in the indoor location market during the forecast period. The transportation vertical includes spaces such as airports, railway stations, bus stations, and subways, which can often be confusing for travelers in terms of navigation. Sometimes, train stations and airports are spread over large areas with many entry and exit points. It is difficult for the indoor location technology to map all the global transport locations, due to the presence of varied architecture.

Indoor Location Market

Among the regions, North America is expected to have the largest market share in the indoor location market during the forecast period, owing to the early adoption of technology and the presence of a large number of indoor location providers and users. The region represents one of the well-defined and controlled economies in terms of Gross Domestic Product (GDP), technology infrastructure, and technological advancements. Enterprises in the United States (US) and Canada have willingly adopted the indoor location technology to engage with their customers. The growing number of social media users is expected to drive the growth of the market in the APAC region.

Innovative technological developments are benefiting all stakeholders in the indoor location market. However, the limited accuracy of the indoor location technology, and the lack of awareness and reluctance to use indoor location may act as challenges to the growth of the indoor location market.

The major vendors in the indoor location market are Apple (US), Broadcom (US), Cisco Systems (US), Ericsson (Sweden), GeoMoby (Australia), Google (US), Micello (US), Microsoft (US), Qualcomm (US), Senion (Sweden), STMicroelectronics (Switzerland), and Zebra Technologies (US).

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