Last Updated on May 20, 2022 by rabiamuzaffar
According to the latest report by IMARC Group, titled “Europe Indoor LBS Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the europe indoor location-based services (LBS) market is currently witnessing robust growth and is expected to continue its robust growth during the forecast period (2021-2026).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Indoor location-based services (LBS) represent positioning techniques that utilize real-time geographical data via electronic devices to provide information and security. They use various technologies, such as Wi-Fi, Bluetooth, wireless local area network (WLAN), miniaturized mechanical and electromechanical elements (MEMS), hybrid technologies, etc., to locate an object’s position within an enclosed space. Indoor LBS offer numerous reports to enterprises at economical costs, thereby aiding the efficient and effective management of daily operations. Owing to this, they find widespread applications in offices, retail stores, shopping malls, hospitals, universities, etc.
The elevating penetration of smartphones, coupled with the increasing availability of high-speed mobile broadband networks, is primarily driving the Europe indoor LBS market. Moreover, with the advent of digitalization, the escalating adoption of virtual private networks (VPNs) is also catalyzing the market growth in the region. Additionally, indoor LBS is further gaining traction in the banking and finance sector due to the growing installation of indoor vending machines that enable cashless payments, digital signage, voice recognition, etc. Apart from this, the rising integration of various advanced technologies, including artificial intelligence (AI), cloud computing, Big Data analytics, etc., is also expected to bolster the indoor LBS market growth in Europe over the forecasted period.
Europe Indoor LBS Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the europe indoor LBS market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
The report has segmented the europe indoor LBS market on the basis of solution type, technology, application, vertical and country.
Breakup by Solution Type:
- Analytics and Insights
- Campaign Management
- Enterprise Services
- Location and Alerts
- Proximity Beacons
Breakup by Technology:
- Context Aware Technology
- OTDOA and E-OTDOA
- RFID and NFC
- Satellite, Microwave and Infrared Sensing
- Others (Wi-Fi/WLAN, UWB, BT/BLE, Beacons, A-GPS, etc.)
Breakup by Application:
Breakup by Vertical:
- Transportation and Logistics
- Media and Entertainment
- Healthcare Life Sciences
- Government and Public Buildings
- Aerospace and Defense
Breakup by Country:
- United Kingdom
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/europe-indoor-lbs-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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