Indoor LBS is used to track the location of an object or people within a
building or a specific location such as a university campus. Indoor LBS is
confined to a very limited geography; hence, it uses only wireless networks
such as Wi-Fi and wireless local area networks (WLAN), which cover a small
area. In addition, indoor LBS requires high accuracy to determine the position
of the object or device. As a result, indoor LBS uses positioning technologies
based on Wi-Fi, WLAN, ultra-wide band (UWB), Bluetooth, assisted global
positioning system (A-GPS), microelectronic mechanical system (MEMS), and other
hybrid technologies to determine the location of the searched object. Indoor
LBS is mainly used in universities, hospitals, stadiums, shopping malls,
government offices, airports, museums, convention centers, hotels, resorts, and
parking areas.
Analysts forecast the Global Indoor LBS market to grow at a CAGR of 49.42 percent over the period 2013-2018.
The Report recognizes the following companies as the key players in the
Global Indoor LBS Market: Apple Inc., Google Inc., HERE, Micello Inc., Shopkick
Inc. and TeleCommunication Systems Inc.
Other Prominent Vendors in the market are: Broadcom, FastMall.com, Follow
Mee, Indoo.rs, Path Intelligence, Sensewhere, Skyhook Wireless, Sonic Notify
and Walkbase.
One of the major trends in this market is the increased popularity of
context-aware computing, which allows applications to be aware of user location
data with respect to the position of real world objects.
Covered in this
Report
The report covers the present scenario and the growth prospects of the
Global Indoor LBS market for the period 2014-2018. To calculate the market
size, the report considers the revenue generated from the following:
- Licensing of indoor LBS software, applications, middleware, and platforms
- Annual sales of devices used for indoor LBS
- Indoor LBS maps and navigation, tracking, monitoring, emergency services, and analytics
- LBS search and advertising revenue
- Indoor LBS used in commercial buildings, government offices, and important buildings as well as the Public Safety and Security, Education, Healthcare, Travel and Hospitality, Manufacturing, Logistics and Distribution, Oil and Gas, and Mining industries.
Global Indoor LBS Market 2014-2018, has been prepared based on an
in-depth market analysis with inputs from industry experts. The report covers
the Americas, and the APAC and EMEA regions; it also covers the Global Indoor
LBS market landscape and its growth prospects in the coming years. The report
includes a discussion of the key vendors operating in this market.
According to the report, one of the key drivers leading to the high
growth of this market is the significant cost savings achieved through indoor
LBS. It the delivery of the desired content to the customer on his/her
smartphone at the most appropriate time.
Further, the report states that one of the biggest challenges in this
market is the security and privacy concerns. Most indoor LBS solutions are
hosted on open platforms to allow easy sharing of information. This makes the
customers' personal information susceptible to misuse by malicious users and
rivals and generates a huge amount of spam content.
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