Micro-Location Technology Market Share Register A Strong Growth Of Acceleration During to 2027


Global Micro-Location Technology Market is accounted for $9.54 billion in 2017 and is expected to reach $55.43 billion by 2026 growing at a CAGR of 21.6% during the forecast period. The market is propelling due to the high return on investment and increasing adoption of mobile devices. However, the lack of interoperability is restraining the market.

Micro-location technologies make easy the tracking of objects and people in real time, usually in indoor applications such as inside a building. This technology is also used for wirelessly promotion content to a mobile/portable device of users that are in close proximity to a business site.

Based on Technology, Ultra-Wideband (UWB) segment held a significant market share during the forecast period. This is highly positive in high-intensity operations in the healthcare and industrial verticals. By geography, North America is anticipated to grow during the forecast period due to adoption ideal communication channel for businesses to reach customers.

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Some of the key players in the market are Apple, Aruba Networks (HP Enterprise), Bluecats, Bluvision (Hid Global Corporation), Camco Technologies, Centrak, Cisco Systems, Decawave, Estimote, Gimbal (Mobile Majority), Google, Humatics Corporation, Kontakt.Io, Inc., Redpine Signals, Ruckus Networks, Sewio Networks, Siemens (Agilion), Ubisense Group and Visible Assets.

Offerings Covered:
• Software
• Services
• Hardware

Applications Covered:
• Proximity Marketing
• Asset Management

Technologies Covered:
• Bluetooth Low Energy
• Impulse Radio
• Radio-Frequency Identification
• Ultrasound
• Ultra-Wideband (UWB)
• Wi-Fi
• Other Technologies

End Users Covered:
• Transportation and Logistics
• Sports and Entertainment
• Retail and E-Commerce
• Industrial
• Hospitality
• Healthcare
• Government, Defense, and Public
• Banking, Financial Services and Insurance (BFSI)
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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