Global Indoor Location-based Services (LBS) Market Analysis Report 2015-2019 & 2025 - Segmented by Product, Technology, Application, End-use, and Region.
(C)1994-2019 M2 COMMUNICATIONS
The "Indoor Location-based Services (LBS) Market Analysis Report By Product, By Technology (RFID and NFC, Wi-Fi/WLAN and BT/BLE), By Application (Tracking, Proximity, Navigation), By End Use, And Segment Forecasts, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global indoor LBS market size is expected to reach USD 18.74 billion by 2025, rising at a CAGR of 37.8% during the forecast period.
Growing use of location-based services in the retail industry for marketing applications in expected to stimulate the growth of the market over the forecast period.
Industry players are increasingly striving towards providing real-time location services to customers, which is expected to stimulate market growth. Moreover, the use of 3D platforms to provide real-time information is allowing companies to improve their productivity. Indoor location-based services are also being implemented for public safety, whereby individuals can inform authorities about their location using their mobile devices.
Increasing penetration of mobile devices across various regions is expected to propel the market. Regions, such as North America and Europe, where smartphone penetration has surpassed 73.0%, are opening lucrative opportunities for companies to promote their products or services via location alerts and push messages on mobile devices. At the same time, developing regions, such as Asia Pacific, are also anticipated to fuel the demand for LBS for marketing initiatives.
Growth in location-based services is expected to benefit the retail industry. Retailers are using LBS to increase customer engagement by providing customers with information about their products and discounts whenever customers get in the vicinity of retail store. Retailers are also using LBS to gain insights on customers' response to a particular promotional initiative and to tailor their marketing strategies accordingly.
There are several established as well as smaller players that offer location-based services. Larger enterprises focus on innovation and new product development whereas smaller companies provide deployment solutions and product services.
Further key findings from the study suggest:
- The RFID and NFC segment is expected to emerge as the fastest growing technology segment, expanding at a CAGR of 42.1% over the forecast period. The growth of the segment can be attributed to rising prominence of wireless modes of communication
- North America accounted for the largest market share in terms of revenue and is expected to reach USD 7.65 billion by 2025. Prominent players such as Microsoft Corporation and Google Inc., who hold expertise in location-based services, are based in North America
- Proximity beacons are anticipated to emerge as the fastest growing product segment, exhibiting a CAGR of 42.4% over the forecast period. There are various types of beacons available, such as Bluetooth beacons, Wi-Fi beacons, and ultrasound beacons
- Location-based services are expected to be largely adopted for proximity and navigation applications owing to development of smart cities. These services along with smart devices enable city authorities to provide services such as location description and route information
- Key industry participants include Apple Inc.; Cisco Systems Inc.; GloPos Technologies; Google Inc.; HERE Holding Corporation; Inside Secure Corporation; IndoorAtlas Ltd; Micello, Inc.; Microsoft Corporation; Ruckus Wireless, Inc., Navizon Inc.; Qualcomm Inc.; Shopkick, Inc., YOOSE Pte. Ltd., and Sprooki Pte Ltd.
Key Topics Covered
Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.3 List of Data Sources
Chapter 2 Executive Summary
2.1 Indoor LBS Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
2.2 Indoor LBS Market, 2014 - 2025
Chapter 3 Indoor LBS Industry Outlook
3.1 Market Segmentation
3.2 Market Size and Growth Prospects
3.3 Indoor LBS Market - Value Chain Analysis
3.3.1 Vendor landscape
3.4 Indoor LBS Market Dynamics
3.4.1 Market driver analysis
22.214.171.124 Accelerated adoption of smart devices
126.96.36.199 Increasing use of location based services for navigation
3.4.2 Market challenge analysis
188.8.131.52 Increasing concerns for privacy of public data
3.5 Indoor LBS Market - Company Ranking, 2016
3.6 Penetration and Growth Prospect Mapping
3.7 Indoor LBS - Porter's Five Forces Analysis
3.8 Indoor LBS - PESTEL Analysis
Chapter 4 Indoor LBS Product Outlook
4.1 Indoor LBS Market Share By Product, 2016 & 2025
4.2 Analytics and Insights
4.3 Automotive Services
4.4 Campaign Management
4.5 Consumer Services
4.6 Enterprise Services
4.7 Location and Alerts
4.8 Location-based Advertising Services
4.10 Precision Geo-targeting
4.11 Proximity Beacons
4.12 Secure Transactions and Redemptions
Chapter 5 Indoor LBS Technology Outlook
5.1 Indoor LBS Market Share By Technology, 2016 & 2025
5.2 Context-Aware Technology
5.3 Observed Time Difference of Arrival (OTDOA) and Enhanced Observed Time Difference of Arrival (E-OTDOA)
5.4 Radio Frequency Identification (RFID) and Near Field Communication (NFC)
5.5 Satellite, Microwave, and Infrared Sensing
5.6 Wi-Fi/WLAN, UWB, BT/BLE, Beacons, and A-GPS
Chapter 6 Indoor LBS Application Outlook
6.1 Indoor LBS Market Share By Application, 2016 & 2025
Chapter 7 Indoor LBS End-use Outlook
7.1 Indoor LBS Market Share By End-Use, 2015 & 2025
7.2 Aerospace & Defense
7.4 IT and Telecommunication
7.5 Energy and Power
7.10 Transportation and Logistics
Chapter 8 Indoor LBS Regional Outlook
8.1 Indoor LBS Market Share By Region, 2016 & 2025
8.2 North America
8.4 Asia Pacific
8.5 Latin America
Chapter 9 Competitive Landscape
9.1 Apple Inc.
9.2 Cisco Systems Inc.
9.3 GloPos Technologies
9.4 Google Inc.
9.5 HERE Holding Corporation
9.6 Iinside Secure Corporation
9.7 IndoorAtlas Ltd
9.8 Micello, Inc.
9.9 Microsoft Corporation
9.10 Navizon Inc.
9.11 Qualcomm Inc.
9.12 Ruckus Wireless, Inc.
9.13 Shopkick, Inc.
9.14 Sprooki Pte Ltd
9.15 YOOSE Pte. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/21z4e5
Laura Wood, Senior Press Manager
((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.m2.com on the world wide web. Inquiries to email@example.com)).
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|Date:||Aug 7, 2019|
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