GCC Indoor LBS Market Share 2021: Industry Price Trends, Size, Growth and Forecast Till 2026

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According to the latest report by IMARC Group, titled “GCC Indoor LBS Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the GCC indoor LBS market is currently witnessing robust growth and is expected to continue its robust growth during the forecast period (2021-2026). 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Indoor location-based service (LBS) refers to a software solution that is widely used to navigate nearby locations. It involves the use of advanced algorithms, an indoor positioning system (IPS), a global positioning system (GPS), wireless fidelity (Wi-Fi) and cellular data to provide real-time information of geographical locations. Consequently, it is widely employed in numerous public places, including shopping malls, hospitals and airports.

The market in the GCC region is primarily driven by continual technological advancements in LBS. For instance, the widespread integration of the Internet of Things (IoT), cloud computing and artificial intelligence (AI) with these services is creating a positive outlook for the market. Along with this, the increasing investments by public and private agencies in the development of infrastructural projects are also contributing to the market growth across the region. Other factors, including rapid urbanization and significant growth in the tourism sector, are providing an impetus to the market growth further across the region.

GCC Indoor LBS Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the GCC indoor LBS market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the GCC indoor LBS market on the basis of solution type, technology, application, vertical and country.

Breakup by Solution Type:

  • Analytics and Insights
  • Campaign Management
  • Enterprise Services
  • Location and Alerts
  • Maps
  • Proximity Beacons
  • Others

Breakup by Technology:

  • Context Aware Technology
  • OTDOA and E-OTDOA
  • RFID and NFC
  • Satellite, Microwave and Infrared Sensing
  • Others (Wi-Fi/WLAN, UWB, BT/BLE, Beacons, A-GPS, etc.)

Breakup by Application:

  • Monitoring
  • Navigation
  • Tracking
  • Analytics
  • Others

Breakup by Vertical:

  • Retail
  • Transportation and Logistics
  • Media and Entertainment
  • Healthcare Life Sciences
  • Government and Public Buildings
  • Aerospace and Defense
  • BFSI
  • Others

Breakup by Country:

  • Saudi Arabia
  • UAE
  • Qatar
  • Oman
  • Kuwait
  • Bahrain

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/gcc-indoor-lbs-market

Key highlights of the report:            

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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