Dublin, Dec. 20, 2018 (GLOBE NEWSWIRE) -- The "Indoor Positioning System Market - Forecasts From 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The Indoor Positioning System market was valued at US$5.681 billion in 2017 and is expected to grow at a CAGR of 32.38% over the forecast period to reach a total market size of US$30.575 billion by 2023.

The growth of this market is being driven by rapid growth of industries like retail and travel and tourism among others. As these industries continue to grow, industry players are making significant investments into new technologies to enhance customers' experience and safety, thus increasing the adoption of indoor positioning systems by end-users.

Increasing support from governments in many regions to increase public safety is further increasing the adoption of indoor positioning systems, thus boosting the market growth.

Inefficiency of existing GPS technology to accurately position people indoors has been instrumental to the growth of the market.

Proliferation of smartphones and smartwatches, coupled with increasing internet penetration in many regions, has also been supporting the growth of the market significantly.

Major industry players profiled as part of the report are Apple, Broadcom, Cisco Systems, GeoMoby, Google, Micello, Microsoft, Qualcomm Technologies, Senion and Zebra Technologies.

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Indoor Positioning System Market by Component
5.1. Software
5.2. Hardware
5.3. Services

6. Indoor Positioning System Market by End-User Industry
6.1. Retail
6.2. Transportation
6.3. Media and Entertainment
6.4. Hospitality
6.5. Others

7. Indoor Positioning System Market by Geography

8. Competitive Intelligence
8.1. Investment Analysis
8.2. Recent Deals
8.3. Strategies of Key Players

9. Company Profiles
9.1. Apple
9.2. Broadcom
9.3. Cisco Systems
9.4. GeoMoby
9.5. Google
9.6. Micello
9.7. Microsoft
9.8. Qualcomm Technologies
9.9. Senion
9.10. Zebra Technologies

For more information about this report visit https://www.researchandmarkets.com/research/52lf8j/global_30_5?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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Related Topics: Global Positioning Systems Software 

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