Indoor Location Market is Booming Worldwide Scrutinized in New Research
The Insight Partners: Noteworthy rise in the cloud migration instances by the industries is expected to drive the indoor location Market by 2027 with a CAGR of 25.3%.
The Indoor Location market is expected to witness an upwards surge in demand for various application in the forecast period. Various market players operating in the market are focusing towards enabling superior accuracy enabled indoor location solutions for their clients for specific industry. Further, the growing popularity of the location based services has also witnessed significant acquisition, partnerships and synergistic alliances that are fueling the investment for superior indoor location services.
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The global indoor location market by geography is segmented into six region including North America, Europe, Asia Pacific, Middle East & Africa and South America. North America is expected to account for the largest share of the global indoor location market in 2018, followed by Europe. Germany and UK being two key countries in Europe region which will lead indoor location market in this region and is also expected to continue its dominance throughout the forecast period from 2019 to 2027. Some of the key companies operating in indoor location market across the globe include BROADCOM, Cisco Systems Inc., Ericsson AB, Geomoby, IndoorAtlas Ltd., Infsoft GmbH, Micello Inc., Qualcomm Technologies Inc., Senion, Sensware Ltd., Sonitor Technologies, Spreo, STMicroelectronics, and Zebra Technologies Corporation among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.
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Some of the key companies operating in indoor location market across the globe include BROADCOM, Cisco Systems Inc., Ericsson AB, Geomoby, IndoorAtlas Ltd., Infsoft GmbH, Micello Inc., Qualcomm Technologies Inc., Senion, Sensware Ltd., Sonitor Technologies, Spreo, STMicroelectronics, and Zebra Technologies Corporation among various other leading market players. Several other players are also functioning in the market worldwide, contributing significant revenue shares year on year.
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