Indoor Location Market

The indoor location market is projected to grow from USD 11.9 billion in 2024 to USD 31.4 billion by 2029, at a CAGR of 21.4% during the forecast period. Businesses increasingly seek to improve customer experiences with personalized services and real-time information. Indoor location technologies enable businesses to serve tailored offers, navigation assistance, and better customer services. There is also a heavy involvement of the government and public safety services because these technologies are used in emergency and security services for buildings and the public. Moreover, the growth of e-commerce and retail analytics has required retailers to utilize indoor location data to compare consumers’ shopping antics, layout of stores, and inventory. The two aspects of using augmented reality and virtual reality for industries that demand accurate positioning indoors add to the market’s growth and variety.

The major vendors covered in the indoor location market include  Zebra Technologies (US), Cisco (US), Google (US), Microsoft (US), HPE (US), Apple (US), Esri (US), Acuity Brands(US), Inpixon(US), HERE Technologies (US), HID Global (US), CenTrak (US), Sonitor (Norway), Ubisense (UK), infsoft (Germany), Polaris Wireless (US), Quuppa (Finland), Securitas Healthcare (US), Navigine (US), Blueiot (China), Kontakt.io (US), AiRISTA (US), InnerSpace (Canada), Syook (India), Oriient (Israel), Navenio (England), Situm (Spain), Pozyx (Belgium), Azitek (Portugal), and Mapxus (China). It is important to note that all the mentioned players have embarked on different growth strategies including partnerships, business expansions, agreements, collaborations and new product launches to gain a competitive edge in the overall indoor location market.

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Zebra Technologies Corporation is an American enterprise that was started in 1969 and is based in Lincolnshire Illinois. The company is a leading supplies enterprise asset intelligence solutions firm, and it also offers product solutions which include but not limited to barcode printers, mobile computing devices, data capture devices, RFID Readers, consumables, software and services. Zebra Technologies helps organizations monitor, anticipate, and accelerate workflows by empowering their frontline and ensuring everything is visible, connected, and fully optimized. The company's award-winning portfolio spans software to innovations in robotics, machine vision, automation, and digital decisions, all backed by a +50-year legacy in scanning, track-and-trace, and mobile computing solutions. The solutions of the company ultimately offer accurate information at the time of implementing the actions of the workers. Zebra’s ecosystem comprises of over 10,000, partners and the company operate in more than 100 countries; its customers are over eighty percent of the fortune 500 companies.

Cisco was founded in 1984 by a small group of computer scientists from Stanford University. Since the company's inception, Cisco engineers have been leaders in developing Internet Protocol (IP)-based networking technologies. Cisco enables people to make powerful connections in education,  business, philanthropy, or creativity. Cisco hardware, software, and service offerings create Internet solutions that make networks possible, providing easy access to information anywhere and anytime. Today, this tradition of innovation is maintained by Cisco with more than 71000 employees through leading products and solutions in each of the company’s four main development segments: routing and switching, home networking, IP telephony, optical networking, security, storage area networking, and wireless technology. Besides the products, the Cisco offers a variety of services such as the help desk and business consulting.

Related Reports:

Indoor Location Market Size, Share, Growth Analysis, By Offering (Hardware, Solutions, Services), Technology (BLE, UWB, Wi-Fi), Application, Vertical (Retail, Healthcare & Pharmaceuticals, Manufacturing) and Region - Global Forecast to 2029

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