Market Analysis and Size
Micro-Location Technology Market was valued at USD 20.47 billion in 2021 and is expected to reach USD 91.01 billion by 2029, registering a CAGR of 20.50%during the forecast period of 2022-2029. Proximity Marketing accounts for the largest application segment in the respective market owing to the deliverance of personalized information to users based on their proximity. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Competitive Landscape and Micro-Location Technology Market Share Analysis
Some of the major players operating in the micro-location technology market are
ü Apple Inc. (US)
ü Hewlett Packard Enterprise Development LP (US)
ü BlueCats Australia Pty Limited (Australia)
ü Camco (US)
ü CenTrak, Inc. (US)
ü Cisco Systems, Inc. (US)
ü DECAWAVE (Ireland)
ü Estimote, Inc (US)
ü Humatics Corporation (US)
ü Kontakt.io (US)
ü Redpine Signals, Inc. (US)
ü Sewio Networks (Czechia)
ü Siemens (Germany)
ü UBISENSE (UK)
ü Visible Assets, Inc. (US)
ü Zebra Technologies Corp. and/or its affiliates. (US)
ü Trimble Inc. (US), HERE (Netherlands)
ü Ruckus Networks (US)
ü Gimbal, Inc. (US)
Micro-Location Technology Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing micro-location technology
The usage of location-based mobile advertising is on the rise, as is the adoption of mobile devices. This is likely to increase market demand for micro-location technology. The rise in the adoption of smart phones among end users owing to the increased purchasing power has a positive impact on the market.
- Rate of investment by using micro-location technology
The use of micro-location technology to address the inefficiency of GPS in interior premises and the high rate of investment is predicted to increase the micro-location technology market. The surge in necessity to deliver unique customer experience in retail and hospitality drives the market further.
Micro-Location Technology Market Scope and Market Size
The micro-location technology market is segmented on the basis of application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Application
- Asset Management
- Proximity Marketing
End User
- Offering
- Technology
- Vertical
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Micro-Location Technology Market Regional Analysis/Insights
The micro-location technology market is analysed and market size insights and trends are provided by country, application and end user as referenced above.
The countries covered in the micro-location technology market report are
§ U.S., Canada, and Mexico in North America,
§ Brazil, Argentina, and the rest of South America as part of South America,
§ Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe,
§ Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
§ Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
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Major TOC of the Report
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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https://www.databridgemarketresearch.com/toc/?dbmr=global-micro-location-technology-market
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