According to a recent market study published by Growth Market Reports, titled, “Europe Indoor Wireless Coverage & Objects Localizations Market is categorized by Technology, by Applications and by country: Size, Share, Trends and Opportunity Analysis, 2018-2028”, the market was valued at US$ 2,618.22 Million in 2020 and is expected to grow at a moderate growth rate of 12.11% by the year 2028. The rise in Wi-Fi indoor positioning and navigation is expected to fuel the market growth during the forecast period.

The Indoor Wireless Coverage & Objects Localizations market is expected to witness a slight decline in year-on-year growth for 2020 as compared to for previous year 2019. Interruption in the supply chain of indoor wireless coverage & objects localizations across the globe due to the spread of COVID-19, has a moderate negative impact on the product sales. Thus, the import and export of indoor wireless coverage & objects localizations has witnessed slight decrease in sales in 2020. The partial closing of manufacturing units and retail centers in first and second quadrants of 2020 had a significant impact on the sales of the indoor wireless coverage & objects localizations. Moreover, inadequate raw material supply and lack of available workforce for production of indoor wireless coverage & objects localizations in the first and second quadrant of 2020 had hampered the market growth in 2020.

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As per Growth Market Reports industry analyst Akshata Ahire, “The Europe Indoor Wireless Coverage & Objects Localizations Market is anticipated to witness significant growth during forecast period 2020-2028. Indoor coverage or coverage inside buildings is a solution that provides coverage to areas such as basement of building or buildings with thick walls. These areas are not covered naturally by conventional networks. Indoor wireless coverage is used, as the propagation of waves emitted by the convectional outdoor antennas are easily disrupted by the obstacles caused by certain materials. The waves are disrupted by insulation used in the buildings. The technology developed in the last decade is highly dependent on reliable and seamless network coverage in order to use it at its full potential. Low network reduces the functioning ability of devices with such technology. Rising number of smartphones, increasing portability of electric devices, growing use of comfort sensors used to measure important parameters in a certain area such as temperature maintenance, and measuring CO2 level of a room are creating the need for uninterrupted signals. This explains the surge in research and developments and rapid technological advancements in indoor wireless coverage devices in recent years. The key players are engaged in advertising their indoor wireless coverage & objects localizations through social media platforms including Instagram, Facebook, and Twitter.”

Advantages of Indoor Wireless Coverage

  • Low maintenance requirements
  • High level of data and voice service, regardless of the number of users
  • Low installation costs and many such advantages

The process of identifying the location of a single or multiple objects in an image and drawing a box around their borders is referred to as objects localization. The process is used to classify similar objects into a category by drawing same colored boxes around similar objects.

Object localization is used in detection and counting of targeted objects in an image or a video. Object localization allows to detect and count the objects while tracking their exact location and accurately labelling them. In some cases, object localization is used to define location, width, and height of an object. The algorithms used in object localization are designed to produce a list of categories of the objects that are present in an image. Thereafter, it allocates different boxes for different categories. These boxes are used to determine the position and scale of the object in a specific category.

The Coronavirus disease 2019 (COVID-19) pandemic has highlighted economic disparities in the global demand in the crises of global interdependence and governance challenges. Epidemics are isolated concerns for businesses and prospects for emerging patterns and vulnerabilities. According to the current pandemic situation, strict measures are required for monitoring the situation, which in turn, affect businesses causing unanticipated short and long-term effects. Consequently, epidemics and pandemics are problems for individual market and an enhancement of existing dynamics and limitations. In the long-term, COVID-19 can serve as another opportunity for manufacturers to reconsider their commitment to the supply chain in regions prone to outbreaks and to reconfigure themselves regionally. In current scenario, COVID-19 is hampering the production process of several manufacturing industries and businesses. Moreover, trade barriers are further reducing the demand-supply of various products and services.

Key Takeaways from the Study:

  • The players including Huawei Technologies Co., Ltd., Intel Corporation, FUJITSU, and Alpha Networks Inc. hold a major market share of Europe Indoor Wireless Coverage & Objects Localizations Market in year 2020.
  • In terms of value, the DAS - distributed antenna system segment accounted for substantial share of the market in 2020 and is expected to expand at a substantial CAGR during the forecast period.
  • In terms of value, the mission criteria segment held significant share of the market in 2020, as the accessibility of accurate information for operators in mission-critical scenarios would significantly upsurge their mission success. Coverage is the first requirement, and that different types of mission-critical communications can have different coverage requirements.

Report Scope:

Report Metric

Details

Market Value in 2020

US$ 2,618.22 Million

Market Growth Rate (from 2020 to 2028)

12.11%

Historical Data

2018, & 2019

Base Year

2020

Forecast Period

2021 - 2028

Units Considered

Value (US$ Million)

Market Segments

by Technology, by Applications and by country

Key Companies Profiled

Alpha Networks Inc., Airspan Networks, Airhop Communications, CommScope, Inc., Cellnex Telecom, Rogers Corporation, Boingo Wireless, Inc., FUJITSU, Huawei Technologies Co., Ltd., and Intel Corporation among others.

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail tailor-made purchase options to meet your research requirements.

Target Audience:

  • Supply-side: Manufacturers, raw material suppliers, and distributors.
  • Demand Side: Public Safety Buildings, Government Offices, Large Public Infrastructure, and others.
  • Regulatory Side: Concerned government authorities, and other regulatory bodies.
  • Associations and Industry Bodies BEREC (Body of European regulators for electronic communications), Telecom-Control-Commission (TKK), European Commission and Industrial Supply Association.