Japan Indoor LBS Market

Market Overview:

The Japan indoor location-based services (LBS) market size reached US$ 631.6 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 2,875.5 Million by 2032, exhibiting a growth rate (CAGR) of 18.34% during 2024-2032.

Indoor location-based services (LBS) refer to a positioning technology used for tracking the location of an object or person within small geographical perimeters. These services use advanced mobile solutions with wireless networks and other technologies, such as Wi-Fi, wireless local area networks (WLAN), ultra-wideband (UWB), global positioning system (GPS), Bluetooth, and microelectronic mechanical system (MEMS). Indoor LBS enables in-store product search, mobile payments, and acquiring information regarding ongoing events. On account of these properties, indoor LBS is widely employed across Japan in commercial buildings, and distribution and logistics centers.

The Japan indoor LBS market is primarily being driven by the rising deployment of efficient car navigation systems for seamless location-based services. Additionally, Japan Airlines is increasingly installing iBeacons and providing smartwatches to the staff to offer location-based information on nearby devices, which is propelling the market growth. Moreover, rapid development of the local area networks (LANs) and virtual private networks (VPNs) have led to improved data security and reduced deployment costs in the country, which is catalyzing the market growth. The increasing application of indoor LBS for promotional activities, advancements in infrastructure facilities, and the rising importance of customer services are some of the other factors creating a positive outlook for the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Japan indoor LBS market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on 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 Region:

• Kanto Region
• Kinki Region
• Central/ Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region
• Shikoku Region
   

Competitive Landscape:

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

Report Coverage:

Key Questions Answered in This Report:

• How has the Japan 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 Japan 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 Japan indoor LBS market and who are the key players?
• What is the degree of competition in the industry?