Micro-location technology is an advanced feature and solution provided by various technological providers that help in the detection and isolation of a particular object or humans to a precise nature even so they can be detected to the exact room of a building. This technology involves the dependency on other connectivity solutions so that the objects can be detected to a matter of centimetres. Technologies involved are Bluetooth, Wi-Fi, ultrasound and others.
Global Micro-Location Technology Market is expected to rise from its initial estimated value of USD 11.57 billion in 2018 to an estimated value of USD 49.88 billion by 2026, registering a CAGR of 20.04% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased awareness and adoption of IoT and associated advanced technologies.
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Market Drivers and Restraints:
Lack of effective and efficient technologies available for the detection of location to a precise nature in indoor settings; this factor is expected to drive the market growth
Increasing usage of location-based services and marketing strategies; this factor is expected to drive the market growth
Concerns for security systems and privacy policies regarding the personalised information with these products is expected to restrain the market growth
The major players covered in the Micro-Location Technology Market
Few of the major competitors currently working in micro-location technology market are Cisco; CenTrak; Bluvision Inc.; Sewio Networks; Kontakt.io; DECAWAVE; Apple Inc.; Google; Redpine Signals, Inc.; Visible Assets, Inc.; Hewlett Packard Enterprise Development LP; Humatics; Estimote, Inc.,; Ruckus Networks, an ARRIS Company; Zebra Technologies Corp.; Ubisense;
Major TOC Of The Report
Chapter One: Micro-Location Technology Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Micro-Location Technology Market Competition, by Players
Chapter Four: Global Micro-Location Technology Market Size by Regions
Chapter Five: North America Micro-Location Technology Market Revenue by Countries
Chapter Six: Europe Micro-Location Technology Market Revenue by Countries
Chapter Seven: Asia-Pacific Micro-Location Technology Market Revenue by Countries
Chapter Eight: South America Micro-Location Technology Market Revenue by Countries
Find More Competitor in TOC with Profile Overview Share Growth Analysis @
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Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Micro-Location Technology Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Micro-Location Technology Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Micro-Location Technology Market
A roadmap of growth opportunities available in the global Micro-Location Technology Market with the identification of key factors
The exhaustive analysis of various trends of the global Micro-Location Technology Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Micro-Location Technology Market?
What will the Micro-Location Technology Market Demand and what will be Growth?
What are the latest opportunities for Micro-Location Technology Market in the future?
What are the strengths of the key players?
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A Latest intelligence report published by AMA Research with title "Global Micro-Location Technology Market Outlook to 2026.
A thorough analysis of these factors including economic slowdown, local & global reforms and COVID-19 Impact has been conducted to determine future growth prospects in the global market.Definition: Micro-location is a platform of context marketing and micro-localization with the ability to reach consumers near the establishment, near a specific product or within a sector with contextualized messages.
Global Micro-Location Technology the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers.
The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain.
However overall estimates and sizing, various tables and graphs presented in the study gives and impression how big is the impact of COVID.
The Global Micro-Location Technology Market segments and Market Data Break Down are illuminated below: by Technology (Wi-Fi, Beacons, Near Field Communication (NFC), QR (Quick Response) codes, Global Positioning Service (GPS), Others), End User (Retail, Hospitality, Entertainment, Healthcare, Others) Market Drivers The inefficiency of GPS in Indoor PremisesGrowing Adoption of Mobile DevicesThe necessity to Deliver Unique Customer Experience in Retail and HospitalityHigh Return on InvestmentRise in Use of Location-Based Mobile AdvertisementIncreasing Importance of Asset Management across Different Industries Market Trend Latest Technological Advancements in Micro-Location Technology Restraints Concerns Regarding Security and PrivacyGrowing Trend of E-Commerce in Retail Sector Challenges Lack of InteroperabilityHigh Competition in MarketProviding Energy-Efficient and High-Performance Solutions at Low CostSophisticated Deployment and Maintenance Requirements Geographically World Global Micro-Location Technology markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America.
Micro-location technology is an advanced solution implemented by several technology providers that help in the discovery and privacy of a particular object or humans.
Location technology helps marketers to spot and get insights about their customers about the business even at aisle level.
However, the limitation of geofences in marketplaces and multi-level structures is a challenge for the market.
Micro-Location uses technology that can pinpoint your indoor location within a few feet, and that can bring several opportunities for consumer engagement.The driving factors of the market are the rising influence of asset management in various industries, the inefficiency of GPS in indoor premises, high return on expenditure, an increase in the use of location-based mobile advertisement, growing use of mobile devices, and to deliver unparalleled customer experience in retail and hospitality among others.
The demand for smart phones and mobile internet is anticipated to grow in this region in the coming years.
Due to the presence of various emerging economies, this region is observing progressive developments through the enactment of micro-location solutions for proximity marketing in the infrastructural sectors and retail.Get a Sample Report PDF with Detail TOC & List of Figures@ https://www.reportsanddata.com/sample-enquiry-form/1518Leading Players Profiled in the Report Include:Cisco Systems, Aruba Networks (HP Enterprise), Humatics Corporation, Estimote, Ruckus Networks, Zebra Technologies, Centrak, Ubisense Group, Camco Technologies, Siemens (Agilion), Decawave, Apple, Google, Redpine Signals, Visible Assets, Gimbal (Mobile Majority), Bluvision (Hid Global Corporation), Bluecats, Sewio Networks, Kontakt.Io, Inc.The report covers a comprehensive analysis of the impact of the COVID-19 pandemic on the global market.
The study includes an accurate estimate of the current industry scenario along with the market size, market volume, and revenue garnered by the industry.
The report delivers radical data about the competitive landscape of the Micro-Location Technology industry and a thorough bifurcation of the regions where the Micro-Location Technology market has established a significant footing.
The report studies the following companies in detail: Cisco Systems, Aruba Networks (HP Enterprise), Humatics Corporation, Estimote, Ruckus Networks, Zebra Technologies, Centrak, Ubisense Group, Camco Technologies, Siemens (Agilion), Decawave, Apple, Google, Redpine Signals, Visible Assets, Gimbal (Mobile Majority), Bluvision (Hid Global Corporation), Bluecats, Sewio Networks, Kontakt.Io, Inc., othersRadical Highlights of the Micro-Location Technology Market Report:The research report provides an accurate analysis of the product range, application spectrum, regional analysis, and competitive landscape of the Micro-Location Technology industry.Type Outlook (Revenue, USD Million; 2016-2026)ServicesHardwareSoftwareEnd User Outlook (Revenue, USD Million; 2016-2026)HealthcareRetail and E-CommerceIndustrialTransportation and LogisticsOthersApplication Outlook (Revenue, USD Million; 2016-2026)Proximity MarketingAsset ManagementTechnology Outlook (Revenue, USD Million; 2016-2026)BLEUltra-Wideband (UWB)UltrasoundIROthersThe report further provides key insights into the market share held by each product and application in the Micro-Location Technology market.
The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.
The report explains the market share and sales volume of each company, along with the key details of the operations of these companies.
The report further offers extensive coverage of their product portfolio, business expansion plans, gross profit margins, revenue contribution, investment plans, and financial standings.
