Polaris Wireless

May 18, 2023

News provided by Share this article Share this article NEW YORK, May 18, 2023 /PRNewswire/ -- The enterprise indoor location-based services market in the US size is set to grow by USD 25,831.89 million from 2022 to 2027 and register a CAGR of 47.45%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. View Sample Report The report also covers the following areas: Factors such as proximity marketing, improved indoor navigation, and asset tracking will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The enterprise indoor location-based services market in the US is fragmented, and the degree of fragmentation will accelerate during the forecast period. Enterprise Indoor Location-based Services Market in the US 2023-2027: Segmentation The enterprise indoor location-based services market is segmented as follows: Technology What's New? - Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial -  Buy the report! The market share growth by the RFID segment will be significant for overall market growth during the forecast period. RFID technology uses radio waves to wirelessly transmit important data such as serial numbers. Active RFID tags communicate on a variety of frequencies, which include 125 kHz, 13.56 MHz, 433 MHz, 900 MHz, 2.4 GHz, and 5 GHz. RFID is a new location-based technology to track the movement of objects and people, with inherent advantages including high accuracy and low maintenance costs. RFID can be broadly divided into passive RFID and active RFID. Hence, such factors drive segment growth during the forecast period. Enterprise Indoor Location-based Services Market in the US 2023-2027: Vendor Analysis and Scope Some of the major vendors of the enterprise indoor location-based services market in us include AiRISTA Flow Inc., Aislelabs Inc., Alphabet Inc., Apple Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., HERE Global BV, Hewlett Packard Enterprise Co., HID Global Corp., infsoft GmbH, Juniper Networks Inc., Microsoft Corp., NextNav Inc., PaeDae Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., and xAd Inc. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. Vendor Offerings Aislelabs Inc. - The company offers enterprise indoor location-based services such as Aislelabs Navigate. Alphabet Inc. - The company offers enterprise indoor location-based services such as Google visual positioning service. Enterprise Indoor Location-based Services Market in the US 2023-2027: Market Dynamics Key Drivers Asset tracking is a major factor that drives the growth of the US enterprise indoor location-based services market. Businesses including production facilities, hospital floors, or data centers, often need to know when an object or person enters or leaves a particular area. In such cases, the receiver is attached to a fixed location and the tag is attached to the mobile asset and separate receivers can be attached to outlets and doorways for more accurate tracking of objects and people. And through the help of the tag, the location of an object or person is time-stamped as it moves through different receiver fields. Hence, such drivers influence the market growth during the forecast period. Significant Trends The use of analytics for business process optimization is an emerging trend in the US enterprise indoor location-based services market. Analytics software can be integrated into existing in-house location-based service systems and the software helps measure the time spent in frequently traveled locations and routes. Data is displayed in the form of charts and heat maps, facilitating the evaluation and processing of available information. infsoft GmbH offers a real-time analysis service for the data collected through its in-house location-based service. Hence, such trends fuel the market growth in the US during the forecast period. Major Challenges High costs and capital investment is a major challenge impeding the growth of the US enterprise indoor location-based services market. The market is capital-intensive, mainly because of the market emergence and high infrastructure requirements. Buyers of on-premises indoor enterprise solutions typically have a high-cost investment as a result of the extensive hardware requirements. Internal location-based services constantly evolve and change. Hence, such challenges impede market growth in the US during the forecast period. Enterprise Indoor Location-based Services Market in the US 2023-2027: Key Highlights CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist enterprise indoor location-based services market in the US growth during the next five years Estimation of the enterprise indoor location-based services market in the US size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the enterprise indoor location-based services market in the US Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of enterprise indoor location-based services market in the US vendors Gain instant access to 17,000+ market research reports. 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The rise in demand for personal and enterprise navigation services is notably driving the location-based services (LBS) market growth. Enterprise Indoor Location-based Services Market In US Scope Report Coverage Key companies profiled AiRISTA Flow Inc., Aislelabs Inc., Alphabet Inc., Apple Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., HERE Global BV, Hewlett Packard Enterprise Co., HID Global Corp., infsoft GmbH, Juniper Networks Inc., Microsoft Corp., NextNav Inc., PaeDae Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., and xAd Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents: Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%) Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%) 4 Historic Market Size 4.1 Enterprise indoor location-based services market in US 2017 - 2021 Exhibit 15: Historic Market Size – Data Table on Enterprise indoor location-based services market in US 2017 - 2021 ($ million) 4.2 Technology Segment Analysis 2017 - 2021 Exhibit 16: Historic Market Size – Technology Segment 2017 - 2021 ($ million) 4.3 Component Segment Analysis 2017 - 2021 Exhibit 17: Historic Market Size – Component Segment 2017 - 2021 ($ million) 5 Five Forces Analysis Exhibit 28: Data Table on Comparison by Technology 6.3 RFID - Market size and forecast 2022-2027 Exhibit 29: Chart on RFID - Market size and forecast 2022-2027 ($ million) Exhibit 30: Data Table on RFID - Market size and forecast 2022-2027 ($ million) Exhibit 31: Chart on RFID - Year-over-year growth 2022-2027 (%) Exhibit 32: Data Table on RFID - Year-over-year growth 2022-2027 (%) 6.4 Bluetooth - Market size and forecast 2022-2027 Exhibit 33: Chart on Bluetooth - Market size and forecast 2022-2027 ($ million) Exhibit 34: Data Table on Bluetooth - Market size and forecast 2022-2027 ($ million) Exhibit 35: Chart on Bluetooth - Year-over-year growth 2022-2027 (%) Exhibit 36: Data Table on Bluetooth - Year-over-year growth 2022-2027 (%) 6.5 Wi-Fi - Market size and forecast 2022-2027 Exhibit 37: Chart on Wi-Fi - Market size and forecast 2022-2027 ($ million) Exhibit 38: Data Table on Wi-Fi - Market size and forecast 2022-2027 ($ million) Exhibit 39: Chart on Wi-Fi - Year-over-year growth 2022-2027 (%) Exhibit 40: Data Table on Wi-Fi - Year-over-year growth 2022-2027 (%) 6.6 Others - Market size and forecast 2022-2027 Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ million) Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ million) Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%) Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%) 6.7 Market opportunity by Technology Exhibit 45: Market opportunity by Technology ($ million) Exhibit 46: Data Table on Market opportunity by Technology ($ million) 7 Market Segmentation by Component 7.1 Market segments Exhibit 50: Data Table on Comparison by Component 7.3 Service - Market size and forecast 2022-2027 Exhibit 51: Chart on Service - Market size and forecast 2022-2027 ($ million) Exhibit 52: Data Table on Service - Market size and forecast 2022-2027 ($ million) Exhibit 53: Chart on Service - Year-over-year growth 2022-2027 (%) Exhibit 54: Data Table on Service - Year-over-year growth 2022-2027 (%) 7.4 Hardware - Market size and forecast 2022-2027 Exhibit 55: Chart on Hardware - Market size and forecast 2022-2027 ($ million) Exhibit 56: Data Table on Hardware - Market size and forecast 2022-2027 ($ million) Exhibit 57: Chart on Hardware - Year-over-year growth 2022-2027 (%) Exhibit 58: Data Table on Hardware - Year-over-year growth 2022-2027 (%) 7.5 Software - Market size and forecast 2022-2027 Exhibit 59: Chart on Software - Market size and forecast 2022-2027 ($ million) Exhibit 60: Data Table on Software - Market size and forecast 2022-2027 ($ million) Exhibit 61: Chart on Software - Year-over-year growth 2022-2027 (%) Exhibit 62: Data Table on Software - Year-over-year growth 2022-2027 (%) 7.6 Market opportunity by Component Exhibit 63: Market opportunity by Component ($ million) Exhibit 64: Data Table on Market opportunity by Component ($ million) 8 Customer Landscape About Us Technavio is a leading global technology research and advisory company. 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