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Europe indoor location-based services (LBS) market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its robust growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Indoor location-based services (LBS) are positioning techniques that utilize real-time geographical data through electronic devices to provide information and security. They employ various technologies such as Wi-Fi, wireless local area network (WLAN), Bluetooth, miniaturized mechanical and electromechanical elements (MEMS), and hybrid technologies to locate the position of an object in an enclosed space. Organizations utilize indoor LBS to increase and enhance consumer interaction and experience. It offers numerous reports to the enterprise at an economical cost, which aids in managing daily operations in an effective and efficient manner. As a result, indoor LBS is widely applied inside retail stores, hospitals, shopping malls, offices, and universities.
The increasing penetration of smartphones and easy availability of high-speed mobile broadband networks are some of the major factors driving the indoor LBS market in Europe. This is further supported by the advent of digitalization and the widespread adoption of virtual private networks (VPNs) in the region. Additionally, indoor LBS is extensively being employed in the banking and finance sector through the installation of indoor vending machines that aid in cashless payments, digital signage, and voice recognition, which is supporting the market growth. Moreover, the integration of various technologies, such as cloud computing, artificial intelligence (AI), and big data analytics, are creating a positive outlook for the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe indoor LBS market, along with forecasts at the regional and country level from 2021-2026. Our report has categorized the market based on solution type, technology, application and vertical.
Breakup by Solution Type:
Breakup by Technology:
Breakup by Application:
Breakup by Vertical:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2020|
|Segment Coverage||Solution Type, Technology, Application, Vertical, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
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Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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