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The United States 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 (LBSs) are technological solutions used to locate objects or people within an enclosed space. This technology leverages internal sensors placed in smart devices to calculate the actual indoor position of the object through complex mathematical algorithms. Indoor LBS employs various advanced technologies, such as indoor positioning system (IPS), cellular, Wi-Fi, and global positioning system (GPS) to gather geodata in real-time and provide a smoother user experience. Consequently, indoor LBS is widely employed in several enclosed spaces, such as shopping malls, airports, and hospitals.
One of the key factors driving the United States indoor LBS market growth is the increasing adoption of these technologies by various organizations to track real-time data of employees and review their progress to optimize work processes. Additionally, the rising need for location-based marketing to understand consumer behavior across industries is strengthening the market growth. Moreover, growing significance of smart offices and the integration of connected devices with cloud computing, the Internet of Things (IoT), and artificial intelligence (AI) is creating a positive outlook for the market in the country. Other factors, such as the introduction of 5G technology, and the advent of industry 4.0, are contributing to the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the United States indoor LBS market, along with forecasts at the country and regional 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 Region:
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, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
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|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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