GCC Indoor LBS Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

GCC Indoor LBS Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The GCC indoor LBS market is currently witnessing robust growth. Indoor location-based services (LBS) are technological solutions primarily used for navigating and tracking objects and resources through digital devices within a confined space. They employ geographical information systems (GIS), cellular, Wi-Fi, and other navigation systems to gather real-time data. Indoor LBS provides customized information to smartphone users depending upon various parameters, such as current location, Bluetooth-assisted proximity services, and in-store product search. On account of this property, indoor LBS is majorly utilized for improving marketing strategies of an organization. These technologies are extensively applied across defense, aerospace, retail, hospitality, healthcare, and transportation industries.

The GCC indoor LBS market is majorly being driven by the increasing usage of navigating and monitoring devices to track public activities and rising employment of local and home area networks. Additionally, rising penetration of smartphones and the widespread adoption of the Internet of Things (IoT) are supporting the market growth. Moreover, increasing use of 3D platforms across various industries is creating a positive outlook for the market. Other than this, rapid development of the existing infrastructure in the region, including parks, shopping malls, skyscrapers, and campuses, as tourist destinations have enhanced the demand for indoor LBS. On account of these factors, the market is expected to continue its robust growth during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the GCC indoor LBS market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, solution type, technology, application and vertical.

Breakup by Solution Type:

Analytics and Insights
Campaign Management
Enterprise Services
Location and Alerts
Maps
Proximity Beacons
Others
- Automotive Services
- Consumer Services
- Location-based Advertising Services
- Precision Geo-targeting
- Secure Transactions and Redemptions
- Others

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:

Monitoring
Navigation
Tracking
Analytics
Others

Breakup by Vertical:

Retail
Transportation and Logistics
Media and Entertainment
Healthcare and Life Sciences
Government and Public Buildings
Aerospace and Defense
BFSI
Others

Breakup by Country:

Saudi Arabia
UAE
Qatar
Oman
Kuwait
Bahrain

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Key Questions Answered in This Report:

How has the GCC indoor LBS market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the GCC indoor LBS market?
What are the key regional markets?
What is the breakup of the market based on the solution type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on the application?
What is the breakup of the market based on the vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the GCC indoor LBS market and who are the key players?
What is the degree of competition in the industry?