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Japan indoor location-based services (LBS) market is currently witnessing robust growth. 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. 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 Japan 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.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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