GCC Indoor Location-based Services Market by Applications (Proximity, Tracking, Monitoring, Navigation, and Others), Technology (Satellite, Microwave, & Infrared Sensing; Wi-Fi/WLAN, UWB, BT/BLE, Beacons, & A-GPS; Observed Time Difference of Arrival & Enhanced Observed Time Difference of Arrival; Radio Frequency Identification & Near Field Communication, and Context Aware Technology), Products (Precision Geo-targeting, Proximity Beacons, Secure Transactions & Redemptions, Enterprise Services, Location & Alerts, Location-based Advertising Services, Maps, Analytics & Insights, Automotive Services, Campaign Management, and Consumer Services), End-users (Government, Healthcare, Hospitality, Retail, Transportation & Logistics, Aerospace & Defense, BFSI, IT & Telecommunication, Energy & Power, and Others), and Geography (Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
GCC Indoor Location-based Services Market Outlook 2031
The global GCC indoor location-based services market size was USD XX Million in 2022 and is likely to reach USD XX Million by 2031, expanding at a CAGR of XX % during the forecast period, 2023–2031. The growth of the market is attributed to increased smartphone penetration in the GCC.
An indoor location-based system is a network of devices that used to identify persons or objects in situations when GPS and other satellite technologies are insufficiently precise or fail completely. A significant number of parks, skyscrapers, and state-of-the-art malls and universities is present in the GCC region and therefore has a well-developed security infrastructure.
Moreover, tourists from all over the world visit nations such as Dubai and Saudi Arabia on a regular basis for business and pleasure. As a result, it encourages the use of location-based services at airports, lounges, ATMs, and shopping malls to provide travelers with convenience. Owing to technological advancements, industry providers can now employ analytics and business intelligence to improve location accuracy and hence increase tracking efficiency.
Several industries including transportation & logistics, manufacturing, and tourism & hospitality have all been severely impacted by the COVID-19 pandemic. The services associated with the retail, education, and government sectors are totally disturbed due to prolonged emergency lockdown and movement restriction due to the surge of COVID cases worldwide. However, some end-users including healthcare & life sciences, energy, and utilities are heavily utilizing LBS and RTLS platforms and services to ensure effective flow of their business operations during the pandemic.
GCC Indoor Location-based Services Market Trends, Drivers, Restraints, and Opportunities
- Growing expansion of malls, hotels, and ATMs across the region and extensive use of 3D platforms for security checking across multiple sectors are likely to boost demand for the market.
- Deployment of location-based services in retail applications for promotional purposes is anticipated to drive the market expansion.
- Growing adoption of smart phones, social media, and easy access to GPS technology are key drivers expected to propel the market growth during the forecast period.
- The most difficult task for service providers in this market is to offer accurate and timely data. Issues concerning to inaccurate result of screening method is a key challenge that can hinder the market growth.
- Leading vendors have been motivated by technological improvements to incorporate business intelligence and analytics in order to improve accuracy and efficiency, which is expected to create lucrative opportunities for the market expansion during the forecast period.
Scope of GCC Indoor Location-based Services Market Report
The report on the GCC indoor location-based services market includes an assessment of the market, trends, segments, and country markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Indoor Location-based Services Market - GCC Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016–2021 |
Forecast Period |
2023–2030 |
Segmentation |
Applications (Proximity, Tracking, Monitoring, Navigation, and Others), Technology (Satellite, Microwave, & Infrared Sensing; Wi-Fi/WLAN, UWB, BT/BLE, Beacons, & A-GPS; Observed Time Difference of Arrival & Enhanced Observed Time Difference of Arrival; Radio Frequency Identification & Near Field Communication; and Context Aware Technology), Products (Precision Geo-targeting, Proximity Beacons, Secure Transactions & Redemptions, Enterprise Services, Location & Alerts, Location-based Advertising Services, Maps, Analytics & Insights, Automotive Services, Campaign Management, and Consumer Services), End-users (Government, Healthcare, Hospitality, Retail, Transportation & Logistics, Aerospace & Defense, BFSI, IT & Telecommunication, Energy & Power, and Others) |
Geographical Scope |
Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report |
Microsoft Corp.; Navizon Inc.; Qualcomm Technologies Inc.; Ruckus Wireless, Inc.; Shopkick, Inc.; Sprooki Pte Ltd.; YOOSE Pte. Ltd.; Apple Inc.; Cisco Systems Inc.; GloPos, Google Inc.; HERE; inside; IndoorAtlas Ltd.; and Micello, Inc. |
GCC Indoor Location-based Services Market Segment Insights
Applications Segment Analysis
On the basis of applications, the GCC indoor location-based services market is segregated into proximity, tracking, monitoring, navigation, and others. The tracking segment is projected to expand at a considerable CAGR during the forecast period owing to wide adoption of the services for tracking valuable products.
Moreover, rapid expansion of the region's infrastructure presents another key driver of the segment. On the other hand, the proximity segment is anticipated to account for a major market share during the forecast period as the use of location-based services for geo-targeting, which informs customers about the product's location.
Technology Segment Analysis
In terms of technology, the market is divided into satellite, microwave, & infrared sensing; Wi-Fi/WLAN, UWB, BT/BLE, beacons, & A-GPS; observed time difference of arrival & enhanced observed time difference of arrival; radio frequency identification & near field communication, and context aware technology.
The Wi-Fi/WLAN, UWB, BT/BLE, beacons, & A-GPS segment is expected to hold significant share of the market due to the region's rising adoption of the Internet broadband and Wi-Fi services. However, the radio frequency identification & near field communication segment is projected to account for a large market share as the growing use of smartphones with inbuilt RFID and QR code scanners to provide payment services to clients.
Product Segment Analysis
Based on products, the GCC indoor location-based services market is fragmented into precision geo-targeting, proximity beacons, secure transactions & redemptions, enterprise services, location & alerts, location-based advertising services, maps, analytics & insights, automotive services, campaign management, and consumer services.
The location-based advertising services segment is expected to expand at a significant growth rate during the projected period. The services are primarily used to keep clients informed about special deals and perks on a variety of products. Moreover, the proximity beacons segment is expected to be a fast-growing segment during the forecast period since they are inexpensive and simple to install.
End-Users Segment Analysis
On the basis of end-users, the market is divided into government, healthcare, hospitality, retail, transportation & logistics, aerospace & defense, BFSI, IT & telecommunication, energy & power, and others. The government segment is anticipated to dominate the market during the projected timeline.
In the GCC region, the government sector widely employs indoor LBS on a big scale for security purposes and to deliver information about public services via mobile applications. The retail segment, on the other hand, is expected to grow rapidly as the entry of global companies into the GCC region has opened up new opportunities for the promotion of products and services that enable widespread use of LBS.
Geography Analysis
In terms of geography, the GCC indoor location-based services market is classified as Saudi Arabia, the UAE, Bahrain, Kuwait, Oman, and Qatar. Saudi Arabia is expected to constitute a key share of the market during the projected period owing to the country's high GDP and the government's strong commitment to digitalization. However, the UAE is anticipated to expand at a rapid pace during the forecast period due to well-known tourist sites in cities such as Dubai, where large-scale retail enterprises are based for their operations.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Indoor Location-based Services Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Indoor Location-based Services Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Indoor Location-based Services Market - Supply Chain
4.5. Global Indoor Location-based Services Market Forecast
4.5.1. Indoor Location-based Services Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Indoor Location-based Services Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Indoor Location-based Services Market Absolute $ Opportunity
5. Global Indoor Location-based Services Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Indoor Location-based Services Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Indoor Location-based Services Demand Share Forecast, 2019-2026
6. North America Indoor Location-based Services Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Indoor Location-based Services Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Indoor Location-based Services Demand Share Forecast, 2019-2026
7. Latin America Indoor Location-based Services Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Indoor Location-based Services Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Indoor Location-based Services Demand Share Forecast, 2019-2026
8. Europe Indoor Location-based Services Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Indoor Location-based Services Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Indoor Location-based Services Demand Share Forecast, 2019-2026
9. Asia Pacific Indoor Location-based Services Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Indoor Location-based Services Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Indoor Location-based Services Demand Share Forecast, 2019-2026
10. Middle East & Africa Indoor Location-based Services Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Indoor Location-based Services Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Indoor Location-based Services Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Indoor Location-based Services Market: Market Share Analysis
11.2. Indoor Location-based Services Distributors and Customers
11.3. Indoor Location-based Services Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Microsoft Corp.
11.4.2. Navizon Inc.
11.4.3. Qualcomm Technologies Inc.
11.4.4. Ruckus Wireless, Inc.
11.4.5. Shopkick, Inc.
11.4.6. Sprooki Pte Ltd.
11.4.7. YOOSE Pte. Ltd.
11.4.8. Apple In