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3. Zebra Technologies (US) and Inpixon (US) are leading players in Indoor Location Market

The global Indoor location market size to grow from USD 7.0 billion in 2021 to USD 19.7 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 22.9% during the forecast period. Various factors such as the increasing number of applications powered by beacons and BLE tags; the growing integration of beacons in cameras, LED lightings, Point of Sale (PoS) devices, and digital signage; the proliferation of smartphones, connected devices, and location-based app among customers and the inefficiency of the GPS technology in the indoor environment are driving the adoption of the Indoor location market across the globe.

According to Infsoft, an indoor location/positioning system enables locating the position of objects or people within buildings. Since Global Positioning System (GPS) is unreliable in interior spaces due to no visual contact with GPS satellites, an Indoor Positioning System (IPS) must use other positioning methods. Indoor location or indoor positioning technology facilitates the navigation and tracking of objects and people in a building using sensory information captured by mobile devices. It includes hardware, software, and service components to provide indoor location services to a wide variety of organizations across verticals. Indoor location solutions may collect location data using Radio Frequency (RF), Visible Light Communication (VLC), Sound Navigation and Ranging (Sonar), Light Detection and Ranging (Lidar), or any technology or a combination of technologies.

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Some of the key players operating in the Indoor location market include Zebra Technologies (US), Inpixon (US), Mist (US), HID Global (US), Google (US), Microsoft (US), Apple (US), Cisco (US), HPE (US), Acuity Brands (US), Esri (US), CenTrak (US), Sonitor (Norway), Ubisense (UK), infsoft (Germany), Polaris Wireless (US), HERE (US), STANLEY Healthcare (US), Quuppa (Finland), Navigine (US), Kontakt.io (US), AiRISTA (US), InnerSpace (Canada), Syook (India), Oriient (Israel), Navenio (England), SITUM (Spain), Pozyx (Belgium), Azitek (Portugal), and Mapxus (Japan). These Indoor location vendors have adopted various organic and inorganic strategies to sustain their positions and increase their market shares in the global Indoor location market.

Zebra Technologies (US) is a key player in the indoor location market. The company is focused on R&D, sales and marketing, and customer support. It is also quick to adopt emerging technologies that could satisfy users demand, increase the quality and reliability of product, and develop an efficient distribution network. Zebra Technologies, with its continuous investments for the launch of new RFID solutions, would enable retailers to enhance their customer experiences. With the recent outbreak of the COVID-19 pandemic, the company donated its technology to support front-line workers in the Huoshenshan and Shenzhen University General Hospitals. It further has a strong presence of product offerings across North America; Europe, Middle East and Africa (EMEA); APAC, and Latin America for vendors across industries, including retail and eCommerce, transportation and logistics, manufacturing, and healthcare and life sciences. Zebra Technologies offers innovative location solutions and a wide range of indoor location technologies to locate, track, manage, and maximize the utilization of high-value assets, equipment, and people. The company offers solutions, such as Zebra MotionWorks RTLS Solutions, Zebra SmartLens for Retail Asset Visibility, Location Technologies, Zebra Savanna, Ultra-Wideband, WhereNet, Zebra Bluetooth Low Energy Devices, Fixed RFID Tag Readers, RFID Fixed Combination Reader Antennas, RFID Labels, and software, such as Zebra Location Software and RFID Reader Software.

Inpixon (US) contributes significantly to the market share as it is focused on building and developing its business as a provider of end-to-end solutions. The solution ranges from the collection of data to delivering insights from that data to customers, with the aim of securing, digitizing, and optimizing premises with indoor positioning, mapping, and analytics solutions for businesses and governments. Inpixon offers Portable Sensors Kits (PSK), mapping solutions, which include IPA platform, Jibestream Indoor Location platform, and analytics solutions, such as Inpixon Analytics. The company has a goal, for future product roadmap development plans, which include expanding the use of UWB technology for asset tracking, taking forward its efforts toward a voice-assisted analytics interface, understanding the worldwide deployment of the 5G technology, and enhancing its positioning capabilities to offer a ‘blue dot’ experience. The company has strong product offerings across North America and APAC for vendors across industries, including government, real estate, retail and eCommerce, hospitality, healthcare and life sciences, transportation, BFSI, and manufacturing.

Related Reports:

Indoor Location Market by Component (Hardware, Solutions, and Services), Technology (BLE, UWB, Wi-Fi, RFID), Application (Emergency Response Management, Remote Monitoring), Organization Size, Vertical, and Region - Global Forecast to 2026

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