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LAMEA Indoor Positioning and Navigation Market Size, Share & Trends Analysis Report by Component, Technology, Application (Asset & Personnel Tracking, Location-Based Analytics, Navigation & Maps, and Others), End Use, Country and Growth Forecast, 2024-2031

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    Report

  • 158 Pages
  • August 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5996301
The Latin America, Middle East and Africa Indoor Positioning And Navigation Market is projected to witness market growth of 40.6% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Indoor Positioning And Navigation Market by country in 2023, and is projected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.32 billion by 2031. The Argentina market is showcasing a CAGR of 42.1% during 2024-2031. Additionally, the UAE market would register a CAGR of 40.2% during 2024-2031.



The support and financing provided by the government for the development of smart infrastructure and interior navigation technologies are crucial factors that have a substantial impact on the expansion of the market. Various governments recognize these technologies' potential to enhance urban living, improve public services, and boost economic growth. By investing in the study, development, and deployment of indoor navigation systems, governments are stimulating innovation and creating a climate conducive to the broad adoption of these systems.

Despite the significant potential and growing demand, several factors are hampering the growth of the market. High implementation costs, technical limitations, privacy concerns, lack of standardization, and user adoption barriers are some of the key challenges that must be addressed. Deploying indoor positioning systems often requires substantial investment in hardware such as beacons, sensors, and infrastructure upgrades. Retrofitting existing buildings with the necessary technology can be expensive and time-consuming, especially for older structures. Smaller businesses or institutions with limited budgets may find it challenging to justify these costs, slowing the market's expansion.

Brazil's tourism industry, one of the largest in Latin America, has been recovering steadily post-pandemic, with the Ministry of Tourism reporting a substantial increase in domestic and international visitors. To cater to this influx, hotels, airports, and large event venues increasingly adopt indoor navigation technologies to enhance the visitor experience. These systems help manage large crowds, provide real-time directions, and ensure safety within these facilities. Brazil’s burgeoning manufacturing sector, driven by its role as a regional industrial hub, is also adopting indoor positioning systems to optimize production processes, track assets, and improve overall efficiency. Hence, all these factors will aid in the expansion of the market.

Based on Component, the market is segmented into Software, Hardware, and Service. Based on Technology, the market is segmented into Bluetooth Low Energy, Ultra-Wideband Technology, Wi-Fi, and Others. Based on Application, the market is segmented into Asset & Personnel Tracking, Location-Based Analytics, Navigation & Maps, and Others. Based on End Use, the market is segmented into Retail, Manufacturing, Healthcare, Travel & Hospitality, Public Spaces, Office Spaces, Logistics & Warehouses, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Zebra Technologies Corporation
  • Cisco Systems, Inc.
  • Google LLC (Alphabet Inc.)
  • Honeywell International, Inc.
  • Microsoft Corporation
  • MapsPeople
  • Siemens AG
  • HERE Global B.V.
  • IndoorAtlas Ltd.
  • Ubisense Ltd.
  • Apple, Inc.

Market Report Segmentation

By Component

  • Software
  • Hardware
  • Service

By Technology

  • Bluetooth Low Energy
  • Ultra-Wideband Technology
  • Wi-Fi
  • Others

By Application

  • Asset & Personnel Tracking
  • Location-Based Analytics
  • Navigation & Maps
  • Others

By End Use

  • Retail
  • Manufacturing
  • Healthcare
  • Travel & Hospitality
  • Public Spaces
  • Office Spaces
  • Logistics & Warehouses
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Indoor Positioning And Navigation Market, by Component
1.4.2 LAMEA Indoor Positioning And Navigation Market, by Technology
1.4.3 LAMEA Indoor Positioning And Navigation Market, by Application
1.4.4 LAMEA Indoor Positioning And Navigation Market, by End Use
1.4.5 LAMEA Indoor Positioning And Navigation Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2021, Mar - 2024, Jul) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. LAMEA Indoor Positioning And Navigation Market by Component
5.1 LAMEA Software Market by Country
5.2 LAMEA Hardware Market by Country
5.3 LAMEA Service Market by Country
Chapter 6. LAMEA Indoor Positioning And Navigation Market by Technology
6.1 LAMEA Bluetooth Low Energy Market by Country
6.2 LAMEA Ultra-Wideband Technology Market by Country
6.3 LAMEA Wi-Fi Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Indoor Positioning And Navigation Market by Application
7.1 LAMEA Asset & Personnel Tracking Market by Country
7.2 LAMEA Location-Based Analytics Market by Country
7.3 LAMEA Navigation & Maps Market by Country
7.4 LAMEA Others Market by Country
Chapter 8. LAMEA Indoor Positioning And Navigation Market by End Use
8.1 LAMEA Retail Market by Country
8.2 LAMEA Manufacturing Market by Country
8.3 LAMEA Healthcare Market by Country
8.4 LAMEA Travel & Hospitality Market by Country
8.5 LAMEA Public Spaces Market by Country
8.6 LAMEA Office Spaces Market by Country
8.7 LAMEA Logistics & Warehouses Market by Country
8.8 LAMEA Others Market by Country
Chapter 9. LAMEA Indoor Positioning And Navigation Market by Country
9.1 Brazil Indoor Positioning And Navigation Market
9.1.1 Brazil Indoor Positioning And Navigation Market by Component
9.1.2 Brazil Indoor Positioning And Navigation Market by Technology
9.1.3 Brazil Indoor Positioning And Navigation Market by Application
9.1.4 Brazil Indoor Positioning And Navigation Market by End Use
9.2 Argentina Indoor Positioning And Navigation Market
9.2.1 Argentina Indoor Positioning And Navigation Market by Component
9.2.2 Argentina Indoor Positioning And Navigation Market by Technology
9.2.3 Argentina Indoor Positioning And Navigation Market by Application
9.2.4 Argentina Indoor Positioning And Navigation Market by End Use
9.3 UAE Indoor Positioning And Navigation Market
9.3.1 UAE Indoor Positioning And Navigation Market by Component
9.3.2 UAE Indoor Positioning And Navigation Market by Technology
9.3.3 UAE Indoor Positioning And Navigation Market by Application
9.3.4 UAE Indoor Positioning And Navigation Market by End Use
9.4 Saudi Arabia Indoor Positioning And Navigation Market
9.4.1 Saudi Arabia Indoor Positioning And Navigation Market by Component
9.4.2 Saudi Arabia Indoor Positioning And Navigation Market by Technology
9.4.3 Saudi Arabia Indoor Positioning And Navigation Market by Application
9.4.4 Saudi Arabia Indoor Positioning And Navigation Market by End Use
9.5 South Africa Indoor Positioning And Navigation Market
9.5.1 South Africa Indoor Positioning And Navigation Market by Component
9.5.2 South Africa Indoor Positioning And Navigation Market by Technology
9.5.3 South Africa Indoor Positioning And Navigation Market by Application
9.5.4 South Africa Indoor Positioning And Navigation Market by End Use
9.6 Nigeria Indoor Positioning And Navigation Market
9.6.1 Nigeria Indoor Positioning And Navigation Market by Component
9.6.2 Nigeria Indoor Positioning And Navigation Market by Technology
9.6.3 Nigeria Indoor Positioning And Navigation Market by Application
9.6.4 Nigeria Indoor Positioning And Navigation Market by End Use
9.7 Rest of LAMEA Indoor Positioning And Navigation Market
9.7.1 Rest of LAMEA Indoor Positioning And Navigation Market by Component
9.7.2 Rest of LAMEA Indoor Positioning And Navigation Market by Technology
9.7.3 Rest of LAMEA Indoor Positioning And Navigation Market by Application
9.7.4 Rest of LAMEA Indoor Positioning And Navigation Market by End Use
Chapter 10. Company Profiles
10.1 Zebra Technologies Corporation
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent Strategies and Developments
10.1.5.1 Product Launches and Product Expansions
10.1.6 SWOT Analysis
10.2 Cisco Systems, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent Strategies and Developments
10.2.5.1 Partnerships, Collaborations, and Agreements
10.2.5.2 Product Launches and Product Expansions
10.2.6 SWOT Analysis
10.3 Google LLC (Alphabet Inc.)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expense
10.3.5 Recent Strategies and Developments
10.3.5.1 Product Launches and Product Expansions
10.3.6 SWOT Analysis
10.4 Honeywell International, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5 SWOT Analysis
10.5 MapsPeople
10.5.1 Company Overview
10.5.2 Recent Strategies and Developments
10.5.2.1 Partnerships, Collaborations, and Agreements
10.6 Microsoft Corporation
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent Strategies and Developments
10.6.5.1 Partnerships, Collaborations, and Agreements
10.6.5.2 Product Launches and Product Expansions
10.6.6 SWOT Analysis
10.7 Siemens AG
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent Strategies and Developments
10.7.5.1 Product Launches and Product Expansions
10.7.6 SWOT Analysis
10.8 HERE Global B.V.
10.8.1 Company Overview
10.8.2 Recent Strategies and Developments
10.8.2.1 Partnerships, Collaborations, and Agreements
10.9 IndoorAtlas Ltd.
10.9.1 Company Overview
10.10. Ubisense Ltd.
10.10.1 Company Overview
10.10.2 Recent Strategies and Developments
10.10.2.1 Partnerships, Collaborations, and Agreements
10.10.2.2 Product Launches and Product Expansions
10.11 Apple, Inc.
10.11.1 Company Overview
10.11.2 Financial Analysis
10.11.3 Regional Analysis
10.11.4 Research & Development Expense
10.11.5 SWOT Analysis

Companies Mentioned

  • Zebra Technologies Corporation
  • Cisco Systems, Inc.
  • Google LLC (Alphabet Inc.)
  • Honeywell International, Inc.
  • Microsoft Corporation
  • MapsPeople
  • Siemens AG
  • HERE Global B.V.
  • IndoorAtlas Ltd.
  • Ubisense Ltd.
  • Apple, Inc.

Methodology

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