Report Description

Forecast Period

2018-2028

Market Size (2023)

USD 9.3 Billion

CAGR (2023-2028)

21.31%

Fastest Growing Segment

Cloud

Largest Market

North America


Market Overview

The projected market size for indoor locations is expected to increase from USD 9.3 billion in 2023 to USD 27.8 billion by 2028, with a compound annual growth rate (CAGR) of 21.31% during the forecast period. The growth of the indoor location market is driven by the increasing adoption of smartphones and other connected devices equipped with GPS and other location-based technologies, enabling indoor tracking of user’s locations. In addition, the unwavering support from government authorities in enhancing public safety, combined with the widespread adoption of smartphones and the integration of GPS technology in indoor locations, is anticipated to fuel the growth of the indoor location market throughout the forecast period. Moreover, the rise in adoption of GPS (Global Positioning System) technologies through an increase in smartphone penetration coupled with the growing popularity of location-based service mobile application has further boosted the demand for superior positioning technologies in the past decade. As a result, indoor location leverages the vulnerability of commonly available commercial GPS system in determining efficient position location within an infrastructure.

Key Market Drivers

The power of Simultaneous localization and mapping (SLAM)

The progress and effectiveness of indoor positioning systems are greatly influenced by Simultaneous Localization and Mapping (SLAM) techniques. SLAM combines computer vision, sensor fusion, and mapping algorithms to simultaneously map an unknown environment and estimate the observer's position within it. By leveraging data from multiple sensors, SLAM algorithms accurately track the user's location in real-time, even in complex indoor settings. These techniques create and update an environment map, incorporating new sensor data and estimating landmark positions. SLAM's visual and geometric understanding of the environment enables precise positioning and mapping, adapting to dynamic changes within indoor spaces. Integration with other indoor positioning technologies enhances the system's accuracy and reliability. Overall, SLAM techniques drive indoor positioning systems by improving accuracy, providing real-time mapping, adapting to dynamic environments, and facilitating robust and reliable indoor positioning.

Customer’s adoption of smartphones, connected devices, and location-based apps will drive market expansion

With the growing adoption of smartphones and evolving consumer mobile buying behavior, both startups and established businesses are striving to develop location-based services to engage their indoor users. By implementing indoor location technology, merchants have successfully enhanced user experiences and facilitated seamless navigation within their premises. Interior location solutions empower enterprises to effectively connect with customers inside large indoor venues, promoting their brands, products, partners, and other elements that strengthen customer relationships and drive sales. The availability of various technologies, such as Bluetooth Low Energy (BLE) and Wi-Fi, enables users to precisely determine an individual's location within a specific range. Airlines and airports can leverage beacons and geofencing technology to identify a user's presence within the airport and determine their floor level. Having prior knowledge of a passenger's whereabouts enables more efficient and targeted communication, resulting in improved effectiveness.

Growing Popularity of Location Enabled Services

The implementation of indoor location systems has recently witnessed significant adoption across various industries, including manufacturing, logistics, security, and sports. The increased adoption can be attributed to several factors, such as the widespread availability of affordable sensors and tags, the enhanced sensing and connectivity capabilities of devices without compromising battery life, and the introduction of open ecosystems that offer organizations more flexibility in their business models, free from hardware or software dependencies.

Advancements in positioning technologies have greatly improved location positioning and navigation capabilities over the past decade. Additionally, the rising popularity of location-based services, particularly on smartphones, has gained significant momentum in recent years. Consequently, leading retailers and luxury brands are increasingly focusing on optimizing their marketing strategies by embracing indoor location services to offer more exclusive deals to their loyal customers. As a result, the retail industry is expected to be a major driving force in the forthcoming years.

Increase in the number of internet-connected devices

Through advancements in positioning technologies, location positioning, and navigation capabilities have significantly improved in the past decade. Moreover, the increasing popularity of location-based services, particularly for smartphones, has gained substantial momentum in recent years. Consequently, leading retailers and luxury brands are increasingly focusing on implementing indoor location services to offer more exclusive deals and enhance their marketing strategies for loyal customers. As a result, the retail industry is expected to be a major driving force in the future of the indoor location market.


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Key Market Challenges

Lack of Uniform Standards and Interoperability, as well as System Incompatibility

End-users are faced with a wide range of available solutions; however, the lack of universal standards poses challenges in integrating these solutions. The incompatibility of various infrastructures and the absence of interoperability hinder end-users. Companies like Zebra Technologies, HID Global, and Inpixon offer indoor location solutions that support multiple protocols. However, most market competitors predominantly focus on a single protocol. Due to different technologies operating on different protocols and frequency bands, there is a lack of interoperability among various indoor location solutions, except for a few vendors like Zebra Technologies, who provide multiple indoor location technologies supported by the same middleware.

Concerns Related to Data Security & Privacy

Location-based data is highly sensitive information that demands utmost protection. However, a closer examination of the technical aspects of Indoor Positioning Systems (IPS) raises multiple concerns and apprehensions. Indoor location-based techniques find applications in various domains, including object tracking and people localization within specific areas. Given the substantial amount of time people spend indoors, obtaining accurate indoor location information is crucial for both users and service providers. Several technologies, such as Wi-Fi, BLE, and RFID, offer means to acquire indoor location information, requiring careful consideration of data characteristics, security, and privacy. Fingerprinting emerges as a recent technology deployed across various industries. Typically, mobile device users rely on service provider applications to access indoor positioning services. In such scenarios, users transmit their unique identifier (Media Access Control [MAC] address) to the server, enabling the service provider to retrieve user position-related information, thereby posing a serious threat to user privacy. Such data leakage threats can significantly hinder the widespread adoption of indoor location technologies.

Key Market Trends

Increasing Demand for RFID tags across Retail Industry

For retailers, fulfilling customer needs is of utmost importance. The ability to order a specific product online and have it shipped to a local store presents a mutually beneficial scenario. However, if a customer receives notification that their ordered product has been shipped but the store misplaces it, it can greatly disadvantage the retailer. RFID technology primarily utilizes passive tags for location-related information, offering a small detection radius without the need for an internal power source. The implementation of RFID tags is driven by their cost-effectiveness. This technology holds the potential to revolutionize the retail industry, providing retailers, consumers, and brand owners with real-time insights into inventory, facilitating self-checkout, product information, and payment processes. Its widespread adoption is projected in the retail world, as demonstrated by Mammut Sports Group AG's integration of Smartrac Circus Flex NFC tags into select products. This enables consumers to access digital content through Mammut Connect, the brand's smartphone app. RFID empowers brands and retailers to enhance efficiency, unlocking new opportunities, insights, additional services, and personalized, immediate information.

Rising Emphasis on Consumer Preference and Consumer Behavior

The rising emphasis on consumer preference and consumer behavior is accelerating the indoor location market. This is because businesses are increasingly looking for ways to personalize the customer experience and improve the efficiency of their operations. The market has transitioned from being seller-oriented to customer-oriented, with a heightened focus on customizing and personalizing products to meet the specific needs and wants of customers. The demand for indoor location-based services has seen a rapid increase due to advancements in technologies such as Big Data analytics and consumer behavior analytics. As a result, the indoor location-based service market is expected to experience accelerated growth.

Segmental Insights

Deployment Type Insights

The indoor location market is segmented into on-premises and on-cloud based on deployment type. A cloud-based indoor location utilizes enterprise cloud technology and follows a web-based software as a service (SaaS) model. On the other hand, the on-premises type system is deployed on the native hardware and network of the business. Over the years, the on-premises location tracking infrastructure has declined, while the demand for cloud-based systems continues to grow significantly. This is primarily due to the enhanced flexibility, scalability, disaster recovery, and security offered by cloud-based indoor location solutions. Additionally, users benefit from automatic software updates without the need for additional capital expenditures, which improves technological competitiveness. As a result, the cloud-based indoor location market is expected to attract significant attention and experience substantial growth.

Component Type Insights

The indoor location market is categorized into hardware, software, and services based on components. There are various methods of deploying an indoor location system and a wide range of technologies available for enterprises to choose from. However, the implementation of the indoor system necessitates three fundamental components: hardware, software, and services.

The hardware component consists of node components, networking devices, sensors, receivers, and transmitters. On the other hand, the software segment encompasses APIs that support the system's functionality and provide analytical insights. The design and implementation of indoor location systems require managed and professional services, which also contribute to the overall revenue of the indoor location market.


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Regional Insights

The North America region has established itself as the leader in the indoor location market with a significant revenue in 2022. This dominance is expected to continue over the forecast period due to the increasing smartphone penetration and the advancements in IoT technology in the region. North America not only leads in aircraft manufacturing and aerospace and marine navigation equipment production, but also stands as the second-largest market for tablets, smartphones, and in-vehicle navigation systems. Furthermore, the growing investments in innovation and the adoption of indoor location solutions serve as pivotal factors fostering the growth of the indoor location market in North America. Moreover, the rise in the number of indoor location companies across regions is anticipated to drive market expansion.

Recent Developments

  • In December 2022, Inpixon has recently announced the receipt of a substantial order for its real-time location systems. The order comes from a prominent international supplier of industrial and transportation goods and services, with a purchase value exceeding USD 1 million. This purchase order is valid for approximately 18 months. The utilization of RTLS technology will enable the development of products that enhance proximity awareness and collision avoidance, ultimately ensuring worker safety in industrial operations.
  • In November 2022, Oriient, the provider of software only IndoorGPS, has brought its solution to the Google Cloud Marketplace. This integration allows customers with existing Google Cloud Marketplace commitments to benefit from seamless procurement and consolidated billing through a single channel. Ultimately, this empowers retailers to enhance the in-store shopping experience by leveraging more digital touch points and customer journey analytics.
  • In July 2022, Esri has recently launched an indoor positioning system called Wayfinding ArcGIS IPS. This premier indoor mapping and positioning tool provides businesses with valuable geospatial insights into their interior environments. By analysing foot traffic patterns, social distancing measures, and cleaning statistics, indoor GIS can assess space utilization trends, facilitate the management of indoor assets such as damaged desks and pipes, guide people to their destinations, and ensure the safe evacuation of building residents during emergencies.

Key Market Players

  • HID Global Corporation
  • HERE Global BV
  • STMicroelectronics N.V.
  • Sonitor Technologies AS
  • Zebra Technologies Corporation
  • Hewlett Packard Enterprise Development LP
  • Mist Systems Inc.
  • Broadcom, Inc.
  • Cisco Systems, Inc.
  • Acuity Brands, Inc.

 By Technology

By Deployment Type

By Components

By Application

By Verticals

By Region

       Tags

       Nodes

       Ultra-Wideband

       Bluetooth

        Wi-Fi

       Visible Light Communication

       Radiofrequency Identification

       On-Premises

       Cloud

       Hardware

       Software

       Services

       Remote Monitoring

       Customer Experience Management

       Inventory Management

       Emergency Response Management

       Sales and Marketing Optimization

       Risk Management

       Predictive Asset Analytics

       Others

       Hospitality

       Retail

       Transportation & Logistics

       Entertainment

       Public Buildings

       Manufacturing

       Others

       North America

       Europe

       South America

       Middle East & Africa

       Asia Pacific


Report Scope:

In this report, the Global Indoor Location Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Global Indoor Location Market, By Technology:
    • Tags
    • Nodes
    • Ultra-Wideband
    • Bluetooth
    • Wi-Fi
    • Visible Light Communication
    • Radiofrequency Identification
  • Global Indoor Location Market, By Deployment Type:
    • On-Premises
    • Cloud
  • Global Indoor Location Market, By Components:
    • Hardware
    • Software
    • Services
  • Global Indoor Location Market, By Application:
    • Remote Monitoring
    • Customer Experience Management
    • Inventory Management
    • Emergency Response Management
    • Sales and Marketing Optimization
    • Risk Management
    • Predictive Asset Analytics
    • Others
  • Global Indoor Location Market, By Verticals:
    • Hospitality
    • Retail
    • Transportation & Logistics
    • Entertainment
    • Public Buildings
    • Manufacturing
    • Others
  • Global Indoor Location Market, By Region:
    • North America
    • Europe
    • South America
    • Middle East & Africa
    • Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Indoor Location Market.

Available Customizations:

Global Indoor Location market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

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

Global Indoor Location Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Indoor Location Market

4.    Executive Summary

5.    Global Indoor Location Market Overview

6.    Global Indoor Location Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Technology (Tags, Nodes, Ultra-Wideband, Bluetooth, Wi-Fi, Visible Light Communication and Radiofrequency Identification)

6.2.2.    By Deployment Type (On-Premises and Cloud)

6.2.3.    By Components (Hardware, Software and Services)

6.2.4.    By Application (Remote Monitoring, Customer Experience Management, Inventory Management, Emergency Response Management, Sales and Marketing Optimization, Risk Management, Predictive Asset Analytics and Others)

6.2.5.    By Verticals (Hospitality, Retail, Transportation & Logistics, Entertainment, Public Buildings, Manufacturing and Others)

6.2.6.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

6.2.7.    By Top 10 Country

6.2.8.    By Company (2022)

6.3.  Market Map

7.    North America Indoor Location Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Technology

7.2.2.    By Deployment Type

7.2.3.    By Component

7.2.4.    By Application

7.2.5.    By Verticals

7.3.  North America: Country Analysis

7.3.1.    United States Indoor Location Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value 

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Technology

7.3.1.2.2.           By Deployment Type

7.3.1.2.3.           By Component

7.3.1.2.4.           By Application

7.3.1.2.5.           By Verticals

7.3.2.    Canada Indoor Location Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value 

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Technology

7.3.2.2.2.           By Deployment Type

7.3.2.2.3.           By Component

7.3.2.2.4.           By Application

7.3.2.2.5.           By Verticals

7.3.3.    Mexico Indoor Location Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value 

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Technology

7.3.3.2.2.           By Deployment Type

7.3.3.2.3.           By Component

7.3.3.2.4.           By Application

7.3.3.2.5.           By Verticals

8.    Europe Indoor Location Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Technology

8.2.2.    By Deployment Type

8.2.3.    By Component

8.2.4.    By Application

8.2.5.    By Verticals

8.3.  Europe: Country Analysis

8.3.1.    Germany Indoor Location Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value 

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Technology

8.3.1.2.2.           By Deployment Type

8.3.1.2.3.           By Component

8.3.1.2.4.           By Application

8.3.1.2.5.           By Verticals

8.3.2.    United Kingdom Indoor Location Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value 

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Technology

8.3.2.2.2.           By Deployment Type

8.3.2.2.3.           By Component

8.3.2.2.4.           By Application

8.3.2.2.5.           By Verticals

8.3.3.    France Indoor Location Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value 

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Technology

8.3.3.2.2.           By Deployment Type

8.3.3.2.3.           By Component

8.3.3.2.4.           By Application

8.3.3.2.5.           By Verticals

8.3.4.    Spain Indoor Location Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value 

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Technology

8.3.4.2.2.           By Deployment Type

8.3.4.2.3.           By Component

8.3.4.2.4.           By Application

8.3.4.2.5.           By Verticals

8.3.5.    Italy Indoor Location Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value 

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Technology

8.3.5.2.2.           By Deployment Type

8.3.5.2.3.           By Component

8.3.5.2.4.           By Application

8.3.5.2.5.           By Verticals

9.    South America Indoor Location Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Technology

9.2.2.    By Deployment Type

9.2.3.    By Component

9.2.4.    By Application

9.2.5.    By Verticals

9.3.  South America: Country Analysis

9.3.1.    Brazil Indoor Location Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value 

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Technology

9.3.1.2.2.           By Deployment Type

9.3.1.2.3.           By Component

9.3.1.2.4.           By Application

9.3.1.2.5.           By Verticals

9.3.2.    Argentina Indoor Location Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value 

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Technology

9.3.2.2.2.           By Deployment Type

9.3.2.2.3.           By Component

9.3.2.2.4.           By Application

9.3.2.2.5.           By Verticals

9.3.3.    Colombia Indoor Location Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value 

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Technology

9.3.3.2.2.           By Deployment Type

9.3.3.2.3.           By Component

9.3.3.2.4.           By Application

9.3.3.2.5.           By Verticals

10. Middle East & Africa Indoor Location Market Outlook

10.1.   Market Size & Forecast

10.1.1. By Value

10.2.   Market Share & Forecast

10.2.1. By Technology

10.2.2. By Deployment Type

10.2.3. By Component

10.2.4. By Application

10.2.5. By Verticals

10.3.   Middle East & America: Country Analysis

10.3.1. Israel Indoor Location Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value 

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Technology

10.3.1.2.2.         By Deployment Type

10.3.1.2.3.         By Component

10.3.1.2.4.         By Application

10.3.1.2.5.         By Verticals

10.3.2. Qatar Indoor Location Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value 

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Technology

10.3.2.2.2.         By Deployment Type

10.3.2.2.3.         By Component

10.3.2.2.4.         By Application

10.3.2.2.5.         By Verticals

10.3.3. UAE Indoor Location Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value 

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Technology

10.3.3.2.2.         By Deployment Type

10.3.3.2.3.         By Component

10.3.3.2.4.         By Application

10.3.3.2.5.         By Verticals

10.3.4. Saudi Arabia Indoor Location Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value 

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Technology

10.3.4.2.2.         By Deployment Type

10.3.4.2.3.         By Component

10.3.4.2.4.         By Application

10.3.4.2.5.         By Verticals

11. Asia Pacific Indoor Location Market Outlook

11.1.   Market Size & Forecast

11.1.1. By Value

11.2.   Market Share & Forecast

11.2.1. By Technology

11.2.2. By Deployment Type

11.2.3. By Component

11.2.4. By Application

11.2.5. By Verticals

11.3.   Asia Pacific: Country Analysis

11.3.1. China Indoor Location Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Value 

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Technology

11.3.1.2.2.         By Deployment Type

11.3.1.2.3.         By Component

11.3.1.2.4.         By Application

11.3.1.2.5.         By Verticals

11.3.2. Japan Indoor Location Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Value 

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Technology

11.3.2.2.2.         By Deployment Type

11.3.2.2.3.         By Component

11.3.2.2.4.         By Application

11.3.2.2.5.         By Verticals

11.3.3. South Korea Indoor Location Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Value 

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Technology

11.3.3.2.2.         By Deployment Type

11.3.3.2.3.         By Component

11.3.3.2.4.         By Application

11.3.3.2.5.         By Verticals

11.3.4. India Indoor Location Market Outlook

11.3.4.1.     Market Size & Forecast

11.3.4.1.1.         By Value 

11.3.4.2.     Market Share & Forecast

11.3.4.2.1.         By Technology

11.3.4.2.2.         By Deployment Type

11.3.4.2.3.         By Component

11.3.4.2.4.         By Application

11.3.4.2.5.         By Verticals

11.3.5. Australia Indoor Location Market Outlook

11.3.5.1.     Market Size & Forecast

11.3.5.1.1.         By Value 

11.3.5.2.     Market Share & Forecast

11.3.5.2.1.         By Technology

11.3.5.2.2.         By Deployment Type

11.3.5.2.3.         By Component

11.3.5.2.4.         By Application

11.3.5.2.5.         By Verticals

12. Market Dynamics

12.1.   Drivers

12.2.   Challenges

13. Market Trends and Developments

14. Voice of Customer

15. Company Profiles

15.1.   HID Global Corporation

15.1.1. Business Overview

15.1.2. Key Financials & Revenue

15.1.3. Key Contact Person

15.1.4. Headquarters Address

15.1.5. Key Product/Service Offered

15.2.   HERE Global BV

15.2.1. Business Overview

15.2.2. Key Financials & Revenue

15.2.3. Key Contact Person

15.2.4. Headquarters Address

15.2.5. Key Product/Service Offered

15.3.   STMicroelectronics N.V.

15.3.1. Business Overview

15.3.2. Key Financials & Revenue

15.3.3. Key Contact Person

15.3.4. Headquarters Address

15.3.5. Key Product/Service Offered

15.4.   Sonitor Technologies AS

15.4.1. Business Overview

15.4.2. Key Financials & Revenue

15.4.3. Key Contact Person

15.4.4. Headquarters Address

15.4.5. Key Product/Service Offered

15.5.   Zebra Technologies Corporation

15.5.1. Business Overview

15.5.2. Key Financials & Revenue

15.5.3. Key Contact Person

15.5.4. Headquarters Address

15.5.5. Key Product/Service Offered

15.6.   Hewlett Packard Enterprise Development LP

15.6.1. Business Overview

15.6.2. Key Financials & Revenue

15.6.3. Key Contact Person

15.6.4. Headquarters Address

15.6.5. Key Product/Service Offered

15.7.   Mist Systems Inc.

15.7.1. Business Overview

15.7.2. Key Financials & Revenue

15.7.3. Key Contact Person

15.7.4. Headquarters Address

15.7.5. Key Product/Service Offered

15.8.   Broadcom, Inc.

15.8.1. Business Overview

15.8.2. Key Financials & Revenue

15.8.3. Key Contact Person

15.8.4. Headquarters Address

15.8.5. Key Product/Service Offered

15.9.   Cisco Systems, Inc.

15.9.1. Business Overview

15.9.2. Key Financials & Revenue

15.9.3. Key Contact Person

15.9.4. Headquarters Address

15.9.5. Key Product/Service Offered

15.10.Acuity Brands, Inc.

15.10.1.              Business Overview

15.10.2.              Key Financials & Revenue

15.10.3.              Key Contact Person

15.10.4.              Headquarters Address

15.10.5.              Key Product/Service Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Indoor Location Market was estimated to be USD 8.64 billion in 2022.

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In FY2022, Retail was the dominating segment by vertical type in global indoor location market owing to increasing need to manage customer data to enhance customer experience. In addition, understanding customer behavior in indoor venues is crucial for businesses that strive to deliver personalized and engaging shopping experiences, optimize store layouts, enhance operations, and ultimately drive improved user satisfaction, sales conversion rates, and revenue growth.

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Key players in the market are HID Global Corporation, HERE Global BV, STMicroelectronics N.V., Sonitor Technologies AS, Zebra Technologies Corporation, Hewlett Packard Enterprise Development LP, Mist Systems Inc., Broadcom, Inc., Cisco Systems, Inc., Acuity Brands, Inc., and others.

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Customer’s adoption of smartphones, connected devices, and location-based apps are the major drivers for the Global Indoor Location Market.