Global Indoor Location Market is expected to reach USD 63.2 Bn by 2024 from USD 5.12 Bn in 2016 at a CAGR of 43.2%.
Indoor location market is segmented into component, deployment type, application, verticals, and region.
Based on application market is classified into Sales & Marketing Optimization, Remote Monitoring, Customer Experience Management, Inventory Management, Emergency Response Management, Predictive Asset Analytics, Risk Management.
Geographically market is spread by North America, Asia-Pacific, Europe, Latin America, Middle East & Africa.
Sensors are used in mobile devices to estimate the direction and distance traveled so as to direct pedestrian for navigation and also to monitor some natural phenomena such as heat, pressure, humidity, and air pollution.Among the technologies, sensor and tag-based technology is expected to grow at the highest CAGR in the indoor location market during the forecast period.
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