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Indoor LBS Market to Garner Staggering Revenues Worth $18.74 Billion By 2025

The global indoor location-based services (LBS) market size is anticipated to reach USD 18.74 billion in the year 2025. It is anticipated to register 43.3% CAGR during the forecasted period, 2019 to 2025.

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Indoor LBS Market to Garner Staggering Revenues Worth $18.74 Billion By 2025

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  1. Indoor LBS Market to Garner Staggering Revenues Worth $18.74 Billion By 2025 “The global indoor location-based services (LBS) market size is anticipated to reach USD 18.74 billion in the year 2025. It is anticipated to register 43.3% CAGR during the forecasted period, 2019 to 2025. This can be attributed to the increasing demand for such services among majority of industrial players for carrying out several marketing and promotional activities across the globe.” Global Indoor LBS Market study offers detail overview of industry with all the requisite data to support tactical business decisions and come up with strategic growth plans. This study also proposes a comprehensive insight into the development policies and plans in addition to manufacturing processes and cost structures. Key Reasons to Purchase: • To gain insightful analyses of the market and have a comprehensive understanding of the global Indoor LBS market and its commercial landscape. • Assess the production processes, major issues, and solutions to mitigate the development risk. • To understand the most affecting driving and restraining forces in the Indoor LBS market and their impact in the global market. • Learn about the Indoor LBS market strategies that are being adopted by leading respective organizations. • To understand the outlook and prospects for the market. • Besides the standard structure reports, we also provide custom research according to specific requirements. The global indoor location-based services (LBS) market size is anticipated to reach USD 18.74 billion in the year 2025. It is anticipated to register 43.3% CAGR during the forecasted period, 2019 to 2025. This can be attributed to the increasing demand for such services among majority of industrial players for carrying out several marketing and promotional activities across the globe. In 2018, the Location-based Advertising services held the largest share across the global market due to the rising usage of such services prevalent among the manufacturers for the promotion of products. The proximity beacons segment is projected to witness highest CAGR of 48% from 2019 to 2025 owing to their usage for promotion which is location-based and for advertising at the hyper-local level. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/global-indoor-location-based-services-lbs-market/request-sample

  2. The tracking segment held the largest share across the global market and is anticipated to register 40.8% CAGR during the forecasted years owing to the rising usage of these services by several governmental organizations for tracking public activities. On the other hand, the proximity segment is anticipated to register the highest CAGR in the upcoming years. The retail segment is expected to witness the highest CAGR of 47.1% from 2019 to 2025 owing to the usage of LBS for customer retention and marketing purposes. They also allow information access to retailers about the interest of customers across the stores like purchase history and wishlist items thereby driving the demand among the industry players. The Asia Pacific is anticipated to register the highest growth across the global market in the upcoming years due to increasing investments being made in infrastructural activities like townships, shopping malls, and commercial offices. On the other hand, the North American region held the highest share in 2018 with a revenue of USD 749.0 Million. The indoor LBS market includes key players such as Apple Inc.; Google Inc.; GloPos Technologies; Indoor Atlas Ltd; Microsoft Corporation and Qualcomm Inc. They are opening several stores in major urban cities to widen the product reach. They are also engaged in adopting several marketing strategies to gain a competitive advantage over other players. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/global-indoor-location-based-services-lbs-market Further key findings from the report suggest: • The RFID and NFC technology segment held the largest share across the global market and is anticipated to grow with 47.4% CAGR from 2019 to 2025. • The tracking application segment dominated the global market on 2018 and is antipcted to grow with highest CAGR of 40.8% during the forecasted years.

  3. • The retail segment is expected to grow with the highest CAGR of 47.1% during the forecasted period. • The North America held the highest share across the global market with revenue of USD 749.0 Million in 2018. • The key players in indoor location-based services market are GloPos Technologies; Apple Inc.; Google Inc.; Indoor Atlas Ltd; Microsoft Corporation. Million Insights has segmented the global indoor LBS market on the basis of products, technologies, applications, end use, and regions: Indoor LBS Product Scope (Revenue, USD Million, 2014 - 2025) • Analytics and Insights • Automotive Services • Campaign Management • Consumer Services • Enterprise Services • Location and Alerts • Location-based Advertising Services • Maps • Precision Geo-targeting • Proximity Beacons • Secure Transactions and Redemptions Indoor LBS Technology Scope (Revenue, USD Million, 2014 - 2025) • Context Aware Technology • OTDOA and E-OTDOA • RFID and NFC • Satellite, Microwave and Infrared Sensing • Wi-Fi/WLAN, UWB, BT/BLE, Beacons, and A-GPS

  4. Indoor LBS Application Scope (Revenue, USD Million, 2014 - 2025) • Monitoring • Navigation • Proximity • Tracking • Others Indoor LBS End-use Scope (Revenue, USD Million, 2014 - 2025) • Aerospace and Defense • BFSI • IT and Telecommunication • Energy and Power • Government • Healthcare • Hospitality • Retail • Transportation & Logistics • Others Indoor LBS Regional Scope (Revenue, USD Million, 2014 - 2025) • North America • U.S. • Canada • Europe • U.K. • Germany • Asia Pacific • China • India • Japan • Latin America • Brazil • Mexico • MEA • Bahrain • Kuwait • Oman • Qatar • Saudi Arabia • United Arab Emirates (U.A.E.) Table of Contents:- Chapter 1 Methodology and Scope Chapter 2 Executive Summary Chapter 3: Market Variables, Trends & Scope Chapter 4 Indoor LBS: Product Estimates & Trend Analysis Chapter 5 Indoor LBS: Application Estimates & Trend Analysis

  5. Chapter 6 Indoor LBS: End-use Estimates & Trend Analysis Chapter 7 Indoor LBS: Industrial End-use Estimates & Trend Analysis Chapter 8 Indoor LBS: Regional Estimates & Trend Analysis Chapter 9 Competitive Landscape Chapter 10 Indoor LBS: Manufacturers Company Profiles See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/technology Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

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