The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
India indoor LBS market is currently witnessing robust growth. Indoor location-based services (LBS) are technological solutions utilized to track the location of users via a wireless network and location-enabled devices. These solutions are confined within small geographical perimeters and operate through various technologies, such as the global positioning system (GPS), Wi-Fi, wireless local area networks (WLAN), and microelectronic mechanical system (MEMS). Indoor LBS provides customized information to smartphone users regarding ongoing local events, in-store product search, nearby entertainment options, and promotional content. These properties make indoor LBS an ideal solution for the defense, healthcare, aerospace, transportation, retail, and hospitality industries.
The growth of the indoor LBS market in India is primarily being driven by the increasing penetration of smartphones, along with proliferating social media platforms in the country. Additionally, the widespread adoption of location-based navigation, virtual private networks (VPNs), and search and advertising analytics by leading organizations in the country to improve data security is further contributing to the market growth. Moreover, the growing employment of indoor LBS across various industries to promote and track products is creating a positive outlook for the market. On account of these factors, the market is expected to continue its robust growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the India 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:
Breakup by Technology:
Breakup by Application:
Breakup by Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at