Enterprise Indoor Location-based Services Market size in the US to grow by USD 25,831.89 million from 2022 to 2027, AiRISTA Flow Inc. and Aislelabs Inc. emerge as key contributors to growth - Technavio

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May 18, 2023, 05:15 ET

NEW YORK, May 18, 2023 /PRNewswire/ -- The enterprise indoor location-based services market in the US size is set to grow by USD 25,831.89 million from 2022 to 2027 and register a CAGR of 47.45%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by way of synthesis, and summation of data from multiple sources. Technavio offers an up-to-date analysis of the current global market scenario and the overall market environment. View Sample Report

Technavio has announced its latest market research report titled Enterprise Indoor Location-based Services Market in US 2023-2027

The report also covers the following areas:

Factors such as proximity marketing, improved indoor navigation, and asset tracking will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The enterprise indoor location-based services market in the US is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Enterprise Indoor Location-based Services Market in the US 2023-2027: Segmentation

The enterprise indoor location-based services market is segmented as follows:

Technology

RFID
Bluetooth
Wi-Fi
Others

Component

Service
Hardware
Software

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The market share growth by the RFID segment will be significant for overall market growth during the forecast period. RFID technology uses radio waves to wirelessly transmit important data such as serial numbers. Active RFID tags communicate on a variety of frequencies, which include 125 kHz, 13.56 MHz, 433 MHz, 900 MHz, 2.4 GHz, and 5 GHz. RFID is a new location-based technology to track the movement of objects and people, with inherent advantages including high accuracy and low maintenance costs. RFID can be broadly divided into passive RFID and active RFID. Hence, such factors drive segment growth during the forecast period.

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Enterprise Indoor Location-based Services Market in the US 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the enterprise indoor location-based services market in us include AiRISTA Flow Inc., Aislelabs Inc., Alphabet Inc., Apple Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., HERE Global BV, Hewlett Packard Enterprise Co., HID Global Corp., infsoft GmbH, Juniper Networks Inc., Microsoft Corp., NextNav Inc., PaeDae Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., and xAd Inc. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market.
Vendor Offerings

AiRISTA Flow Inc. - The company offers enterprise indoor location-based services such as pointr deep location.
Aislelabs Inc. - The company offers enterprise indoor location-based services such as Aislelabs Navigate.
Alphabet Inc. - The company offers enterprise indoor location-based services such as Google visual positioning service.

Enterprise Indoor Location-based Services Market in the US 2023-2027: Market Dynamics

Key Drivers

Asset tracking is a major factor that drives the growth of the US enterprise indoor location-based services market.
Businesses including production facilities, hospital floors, or data centers, often need to know when an object or person enters or leaves a particular area.
In such cases, the receiver is attached to a fixed location and the tag is attached to the mobile asset and separate receivers can be attached to outlets and doorways for more accurate tracking of objects and people.
And through the help of the tag, the location of an object or person is time-stamped as it moves through different receiver fields.
Hence, such drivers influence the market growth during the forecast period.

Significant Trends

The use of analytics for business process optimization is an emerging trend in the US enterprise indoor location-based services market.
Analytics software can be integrated into existing in-house location-based service systems and the software helps measure the time spent in frequently traveled locations and routes.
Data is displayed in the form of charts and heat maps, facilitating the evaluation and processing of available information.
infsoft GmbH offers a real-time analysis service for the data collected through its in-house location-based service.
Hence, such trends fuel the market growth in the US during the forecast period.

Major Challenges

High costs and capital investment is a major challenge impeding the growth of the US enterprise indoor location-based services market.
The market is capital-intensive, mainly because of the market emergence and high infrastructure requirements.
Buyers of on-premises indoor enterprise solutions typically have a high-cost investment as a result of the extensive hardware requirements.
Internal location-based services constantly evolve and change.
Hence, such challenges impede market growth in the US during the forecast period.

Enterprise Indoor Location-based Services Market in the US 2023-2027: Key Highlights

CAGR of the market during the forecast period 2023-2027
Detailed information on factors that will assist enterprise indoor location-based services market in the US growth during the next five years
Estimation of the enterprise indoor location-based services market in the US size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the enterprise indoor location-based services market in the US
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of enterprise indoor location-based services market in the US vendors

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Enterprise Indoor Location-based Services Market In US Scope
Report Coverage	Details
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 47.45%
Market growth 2023-2027	USD 25,831.89 million
Market structure	Fragmented
YoY growth 2022-2023(%)	39.4
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	AiRISTA Flow Inc., Aislelabs Inc., Alphabet Inc., Apple Inc., Broadcom Inc., Cisco Systems Inc., Comtech, Esri Global Inc., HERE Global BV, Hewlett Packard Enterprise Co., HID Global Corp., infsoft GmbH, Juniper Networks Inc., Microsoft Corp., NextNav Inc., PaeDae Inc., Polaris Wireless, POLE STAR SA, Qualcomm Inc., and xAd Inc.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Country Market Characteristics
Exhibit 04: Executive Summary – Chart on Market Segmentation by Technology
Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 09: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 10: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Enterprise indoor location-based services market in US 2017 - 2021

Exhibit 15: Historic Market Size – Data Table on Enterprise indoor location-based services market in US 2017 - 2021 ($ million)

4.2 Technology Segment Analysis 2017 - 2021

Exhibit 16: Historic Market Size – Technology Segment 2017 - 2021 ($ million)

4.3 Component Segment Analysis 2017 - 2021

Exhibit 17: Historic Market Size – Component Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Technology

6.1 Market segments

Exhibit 25: Chart on Technology - Market share 2022-2027 (%)
Exhibit 26: Data Table on Technology - Market share 2022-2027 (%)

6.2 Comparison by Technology

Exhibit 27: Chart on Comparison by Technology
Exhibit 28: Data Table on Comparison by Technology

6.3 RFID - Market size and forecast 2022-2027

Exhibit 29: Chart on RFID - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on RFID - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on RFID - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on RFID - Year-over-year growth 2022-2027 (%)

6.4 Bluetooth - Market size and forecast 2022-2027

Exhibit 33: Chart on Bluetooth - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Bluetooth - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Bluetooth - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Bluetooth - Year-over-year growth 2022-2027 (%)

6.5 Wi-Fi - Market size and forecast 2022-2027

Exhibit 37: Chart on Wi-Fi - Market size and forecast 2022-2027 ($ million)
Exhibit 38: Data Table on Wi-Fi - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Chart on Wi-Fi - Year-over-year growth 2022-2027 (%)
Exhibit 40: Data Table on Wi-Fi - Year-over-year growth 2022-2027 (%)

6.6 Others - Market size and forecast 2022-2027

Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%)

6.7 Market opportunity by Technology

Exhibit 45: Market opportunity by Technology ($ million)
Exhibit 46: Data Table on Market opportunity by Technology ($ million)

7 Market Segmentation by Component

7.1 Market segments

Exhibit 47: Chart on Component - Market share 2022-2027 (%)
Exhibit 48: Data Table on Component - Market share 2022-2027 (%)

7.2 Comparison by Component

Exhibit 49: Chart on Comparison by Component
Exhibit 50: Data Table on Comparison by Component

7.3 Service - Market size and forecast 2022-2027

Exhibit 51: Chart on Service - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Service - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Service - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Service - Year-over-year growth 2022-2027 (%)

7.4 Hardware - Market size and forecast 2022-2027

Exhibit 55: Chart on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Hardware - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Hardware - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Hardware - Year-over-year growth 2022-2027 (%)

7.5 Software - Market size and forecast 2022-2027

Exhibit 59: Chart on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Software - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Software - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Software - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by Component

Exhibit 63: Market opportunity by Component ($ million)
Exhibit 64: Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers

9.2 Market challenges

9.3 Impact of drivers and challenges

Exhibit 66: Impact of drivers and challenges in 2022 and 2027

9.4 Market trends

10 Vendor Landscape

10.1 Overview

10.2 Vendor landscape

Exhibit 67: Overview on Criticality of inputs and Factors of differentiation

10.3 Landscape disruption

Exhibit 68: Overview on factors of disruption

10.4 Industry risks

Exhibit 69: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered

Exhibit 70: Vendors covered

11.2 Market positioning of vendors

Exhibit 71: Matrix on vendor position and classification

11.3 AiRISTA Flow Inc.

Exhibit 72: AiRISTA Flow Inc. - Overview
Exhibit 73: AiRISTA Flow Inc. - Product / Service
Exhibit 74: AiRISTA Flow Inc. - Key news
Exhibit 75: AiRISTA Flow Inc. - Key offerings

11.4 Aislelabs Inc.

Exhibit 76: Aislelabs Inc. - Overview
Exhibit 77: Aislelabs Inc. - Product / Service
Exhibit 78: Aislelabs Inc. - Key offerings

11.5 Alphabet Inc.

Exhibit 79: Alphabet Inc. - Overview
Exhibit 80: Alphabet Inc. - Business segments
Exhibit 81: Alphabet Inc. - Key news
Exhibit 82: Alphabet Inc. - Key offerings
Exhibit 83: Alphabet Inc. - Segment focus

11.6 Apple Inc.

Exhibit 84: Apple Inc. - Overview
Exhibit 85: Apple Inc. - Business segments
Exhibit 86: Apple Inc. - Key news
Exhibit 87: Apple Inc. - Key offerings
Exhibit 88: Apple Inc. - Segment focus

11.7 Broadcom Inc.

Exhibit 89: Broadcom Inc. - Overview
Exhibit 90: Broadcom Inc. - Business segments
Exhibit 91: Broadcom Inc. - Key news
Exhibit 92: Broadcom Inc. - Key offerings
Exhibit 93: Broadcom Inc. - Segment focus

11.8 Cisco Systems Inc.

Exhibit 94: Cisco Systems Inc. - Overview
Exhibit 95: Cisco Systems Inc. - Business segments
Exhibit 96: Cisco Systems Inc. - Key news
Exhibit 97: Cisco Systems Inc. - Key offerings
Exhibit 98: Cisco Systems Inc. - Segment focus

11.9 Comtech

Exhibit 99: Comtech - Overview
Exhibit 100: Comtech - Business segments
Exhibit 101: Comtech - Key offerings
Exhibit 102: Comtech - Segment focus

11.10 Esri Global Inc.

Exhibit 103: Esri Global Inc. - Overview
Exhibit 104: Esri Global Inc. - Product / Service
Exhibit 105: Esri Global Inc. - Key offerings

11.11 HERE Global BV

Exhibit 106: HERE Global BV - Overview
Exhibit 107: HERE Global BV - Product / Service
Exhibit 108: HERE Global BV - Key news
Exhibit 109: HERE Global BV - Key offerings

11.12 Hewlett Packard Enterprise Co.

Exhibit 110: Hewlett Packard Enterprise Co. - Overview
Exhibit 111: Hewlett Packard Enterprise Co. - Business segments
Exhibit 112: Hewlett Packard Enterprise Co. - Key news
Exhibit 113: Hewlett Packard Enterprise Co. - Key offerings
Exhibit 114: Hewlett Packard Enterprise Co. - Segment focus

11.13 HID Global Corp.

Exhibit 115: HID Global Corp. - Overview
Exhibit 116: HID Global Corp. - Product / Service
Exhibit 117: HID Global Corp. - Key news
Exhibit 118: HID Global Corp. - Key offerings

11.14 infsoft GmbH

Exhibit 119: infsoft GmbH - Overview
Exhibit 120: infsoft GmbH - Product / Service
Exhibit 121: infsoft GmbH - Key offerings

11.15 Microsoft Corp.

Exhibit 122: Microsoft Corp. - Overview
Exhibit 123: Microsoft Corp. - Business segments
Exhibit 124: Microsoft Corp. - Key news
Exhibit 125: Microsoft Corp. - Key offerings
Exhibit 126: Microsoft Corp. - Segment focus

11.16 Polaris Wireless

Exhibit 127: Polaris Wireless - Overview
Exhibit 128: Polaris Wireless - Product / Service
Exhibit 129: Polaris Wireless - Key news
Exhibit 130: Polaris Wireless - Key offerings

11.17 xAd Inc.

Exhibit 131: xAd Inc. - Overview
Exhibit 132: xAd Inc. - Product / Service
Exhibit 133: xAd Inc. - Key offerings

12 Appendix

12.1 Scope of the report

12.2 Inclusions and exclusions checklist

Exhibit 134: Inclusions checklist
Exhibit 135: Exclusions checklist

12.3 Currency conversion rates for US$

Exhibit 136: Currency conversion rates for US$

12.4 Research methodology

Exhibit 137: Research methodology
Exhibit 138: Validation techniques employed for market sizing
Exhibit 139: Information sources

12.5 List of abbreviations

Exhibit 140: List of abbreviations

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