Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software





 




Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Indoor Location Market worth 23.13 Billion USD by 2021

    (I-SoftwareNews.Com, April 19, 2017 ) The report "Indoor Location Market by Component (Technology, Software Tools, and Services), Application, End User (Transportation, Hospitality, Entertainment, Shopping, and Public Buildings), and Region - Global Forecast to 2021", The indoor location market size is estimated to grow from USD 4.72 Billion in 2016 to USD 23.13 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 37.4%.

    Download PDF Brochure http://www.marketsandmarkets.com/pdfdownload.asp?id=989

    The major forces driving this market are increased usage of smartphones, inefficiency of GPS technology in indoor premises, and reliable assistance to governments for ensuring public safety. The growing trend of digitalization, usage of smartphones with innovative mobile applications, mobile commerce, and technological advancements are contributing to the growth of the indoor location market. The government concern to have better positioning technology for public safety and urban security segment are increasing the demand for indoor location solutions.

    Context accelarator software tools segment is expected to grow at the highest CAGR in the indoor location market during the forecast period

    The adoption of context accelarator software tool is expected to grow at the highest CAGR during the forecast period as it allows organizations to recognize their customers’ location-based needs, while respecting their privacy too. This gives it the advantage to gain prominence in the indoor location market ofeerings. The solution can also transform a specific location from a simple latitude and longitude to an essential actionable data layer of context.

    Professional services segment is expected to hold the largest market share in the indoor location market and the current trend is expected to continue during the forecast period

    Professional services are essential for the indoor location market and include solutions provided by the service providers to boost the growth and awareness of indoor location technology for navigation and attracting customers to stores. The services segment is witnessing a faster adoption in the indoor location market. This is due to the fact that services are requiredto keep up with changing technology that may be used for further development in the indoor location software.

    Americas is expected to contribute the largest market share and Asia-Pacific (APAC) to grow at the highest rate

    Americas is expected to hold the largest market share and would dominate the indoor location technology, software tools, and service market from 2016 to 2021, owing to the increasing demand for new technologies such as 3D-based indoor positioning applications and information security. There are huge opportunities for chip manufacturers, telecommunication companies, handset manufacturers, and infrastructure providers in the space as more retail stores, multiplexes, universities, and airports are deploying these solutions for an enriched customer experience. The APAC region is expected to witness the highest growth rate during the forecast period as the existence of large population, developing technology, and affluence would contribute to the growth of indoor location in this region.

    The major vendors in the indoor location market include Apple Inc. (California, U.S.), Cisco System Inc. (California, U.S.), Google Inc. (California, U.S.), Microsoft Corporation (Washington, U.S.), and Qualcomm Technologies Inc. (California, U.S.).

    For More Information http://www.marketsandmarkets.com/Market-Reports/indoor-positioning-navigation-ipin-market-989.html

    About MarketsandMarkets™
    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

    MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



    MarketsandMarkets

    Mr. Rohan

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Media Sponsor

    I-SoftwareNews.Com Sponsors



    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    I-SoftwareNews.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    I-SoftwareNews.com - Newswire and Press Release service of GroupWeb Media LLC