Global Indoor Positioning and Tracking System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Indoor Positioning and Tracking System Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Indoor Positioning and Tracking System market size was valued at USD 1389.1 million in 2023 and is forecast to a readjusted size of USD 2523.1 million by 2030 with a CAGR of 8.9% during review period.

An indoor positioning and tracking (IPTS) system utilizes various location-based technologies such as WiFi, Bluetooth Low Energy (BLE), radio frequency identification (RFID), infrared light, magnetic fields, ultrasounds, and others to locate objects or people within enclosed spaces like shopping malls, airports, hospitals, museums, stadiums, office complexes, warehouses, or similar venues.

The growth of the Indoor Positioning and Tracking System market is driven by a number of factors, including:

The increasing demand for indoor location-based services (LBS): Indoor LBS are becoming increasingly popular, as they can be used to provide a variety of benefits, such as improved customer service, increased efficiency, and improved safety.

The rise of the Internet of Things (IoT): The IoT is connecting more and more devices to the internet, and this is driving the demand for IPS systems. Indoor Positioning and Tracking Systems can be used to track the movement of IoT devices, which can be used to improve efficiency and productivity.

The development of new technologies: New technologies, such as UWB and IMUs, are being developed for Positioning and Tracking Systems. These technologies are providing Positioning and Tracking Systems with higher accuracy and reliability.

The growth of the retail industry: The retail industry is one of the largest users of Positioning and Tracking Systems. Positioning and Tracking Systems can be used to track the movement of shoppers in a store, which can be used to improve customer service and marketing campaigns.

The Global Info Research report includes an overview of the development of the Indoor Positioning and Tracking System industry chain, the market status of Malls (Hardware, Software), Airports (Hardware, Software), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Indoor Positioning and Tracking System.

Regionally, the report analyzes the Indoor Positioning and Tracking System markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Indoor Positioning and Tracking System market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Indoor Positioning and Tracking System market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Indoor Positioning and Tracking System industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Hardware, Software).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Indoor Positioning and Tracking System market.

Regional Analysis: The report involves examining the Indoor Positioning and Tracking System market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Indoor Positioning and Tracking System market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Indoor Positioning and Tracking System:

Company Analysis: Report covers individual Indoor Positioning and Tracking System players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Indoor Positioning and Tracking System This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Malls, Airports).

Technology Analysis: Report covers specific technologies relevant to Indoor Positioning and Tracking System. It assesses the current state, advancements, and potential future developments in Indoor Positioning and Tracking System areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Indoor Positioning and Tracking System market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Indoor Positioning and Tracking System market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Hardware
Software

Market segment by Application
Malls
Airports
Offices
Stadiums
Schools
Others

Market segment by players, this report covers
Pozyx labs
Advanced Realtime Tracking (ART)
Inmotio
Verizon
Acuity Brands
Essensium
Sewio
Nextome
Teltonika Networks
U-blox
Pointr
Skyhook
Quuppa
Inpixon
SA Group
Steerpath
Exafore

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Indoor Positioning and Tracking System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Indoor Positioning and Tracking System, with revenue, gross margin and global market share of Indoor Positioning and Tracking System from 2019 to 2024.

Chapter 3, the Indoor Positioning and Tracking System competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Indoor Positioning and Tracking System market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Indoor Positioning and Tracking System.

Chapter 13, to describe Indoor Positioning and Tracking System research findings and conclusion.