Enterprise Indoor Location-Based Services Market Report 2025

This Enterprise Indoor Location-Based Services market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The enterprise indoor location-based services market size has grown exponentially in recent years. It will grow from $0.93 billion in 2024 to $1.31 billion in 2025 at a compound annual growth rate (CAGR) of 41.2%. The growth in the historic period can be attributed to enhanced passenger comfort, demand for privacy and security, increased passenger traffic, increased focus on operational efficiency, and operational efficiency for airports.

The enterprise indoor location-based services market size is expected to see exponential growth in the next few years. It will grow to $5.17 billion in 2029 at a compound annual growth rate (CAGR) of 40.9%. The growth in the forecast period can be attributed to advancements in location-based technologies, adoption of Internet of Things (IoT) Devices, development of Industry 4.0, increasing indoor positioning using light, and growing usage of analytics for business process optimization. Major trends in the forecast period include adopting Internet of Things (IoT) devices, indoor positioning technologies, integrating smart building technologies, technological advancement, and increasing partnerships.

The increasing adoption of Internet of Things (IoT) devices is expected to fuel the growth of the enterprise indoor location-based services (LBS) market. IoT devices are physical objects embedded with sensors, software, and other technologies, enabling them to connect and exchange data over the internet or other networks without human intervention. This adoption is driven by technological advancements, the expansion of connectivity options like 5G, and the growing range of applications across various industries. Enterprise indoor location-based services leverage IoT devices to improve operational efficiency, enhance customer experience, and ensure safety in indoor environments such as office buildings, warehouses, retail stores, and healthcare facilities. For example, in April 2024, a report from Ericsson, a Sweden-based telecommunications company, revealed that global IoT connections reached 15.7 billion in 2023 and are projected to grow by 16%, reaching 38.8 billion connections by 2029. Thus, the rising adoption of IoT devices is driving the growth of the enterprise indoor location-based services market.

Key players in the enterprise indoor location-based services market are focusing on developing innovative solutions, including geolocation platforms, to deliver real-time location services efficiently within tall buildings. Geolocation platforms utilize advanced technologies to determine and manage the geographic positions of devices, assets, or individuals accurately. For instance, Radisys Corporation, a US-based telecom solutions provider, launched Radisys ReachPoint in February 2023, a geolocation platform leveraging smart network technologies. This platform enables precise indoor navigation, facilitating seamless movement for employees and visitors in complex office environments without relying on GPS, using data from cell towers and Wi-Fi nodes for accurate geospatial information.

In August 2024, HID Global Corporation, a US-based secure identity solutions company, acquired Sewio Networks s.r.o. for an undisclosed amount. With this acquisition, HID Global aims to enhance its real-time location services (RTLS) capabilities by integrating Sewio's ultra-wideband (UWB) technology. This move strengthens HID Global's position in the manufacturing and automotive sectors and accelerates the global adoption of smart factory solutions. Sewio Networks s.r.o. is a Czech Republic-based technology company specializing in real-time location systems.

Major companies operating in the enterprise indoor location-based services market are Zebra Technologies Corporation, HPE Aruba Networking, Cisco Meraki, Geotab Inc., DecaWave Limited, Shopkick, Cisco DNA Spaces, Navigine, Ekahau, Ubisense, Pointr, Inpixon, IndoorAtlas Oy, Navizon Inc., Aisle411 Inc., Senion AB, Steerpath Oy, MazeMap AS, Infsoft GmbH, Airista Flow Inc., Locatify.

North America was the largest region in the enterprise indoor location-based services market in 2024. The regions covered in the enterprise indoor location-based services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the enterprise indoor location-based services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Enterprise indoor location-based services (LBS) encompass technologies that facilitate location-specific information and services within indoor environments such as office buildings, warehouses, retail stores, and hospitals. These services utilize diverse technologies to ensure precise positioning and provide relevant information or functionalities to users based on their location within a facility.

The primary offerings of enterprise indoor location-based services include analytics and insights, automotive services, campaign management, consumer services, enterprise services, location and alerts, location-based advertising services, maps, and precision geo-targeting. The analytics and insights segment involves the sale of services that utilize real-time location tracking to derive valuable data-driven intelligence within indoor settings. These solutions integrate hardware, software, and services, catering to applications such as monitoring, navigation, proximity detection, tracking, and other related functionalities.

The enterprise indoor location-based services market research report is one of a series of new reports that provides enterprise indoor location-based services market statistics, including enterprise indoor location-based services industry global market size, regional shares, competitors with an enterprise indoor location-based services market share, detailed enterprise indoor location-based services market segments, market trends, and opportunities, and any further data you may need to thrive in the enterprise indoor location-based services industry. This enterprise indoor location-based services research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The enterprise indoor location-based services market consist of revenues earned by entities by providing services such as integration and API services, geofencing and proximity alerts, location-based analytics, location-based marketing, and emergency response and safety. The market value includes the value of related goods sold by the service provider or included within the service offering. The enterprise indoor location-based services market also includes sales of indoor positioning systems (IPS), indoor navigation solutions, and asset tracking systems. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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