Japan Indoor LBS Market Share, Size, Growth, Demand and Forecast Till 2026: IMARC Group

According to the latest report by IMARC Group, titled “Japan Indoor LBS Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Japan indoor location-based services (LBS) market exhibited robust growth during 2015-2020. Looking forward, IMARC Group expects the market to continue its robust growth during 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 technological solution that uses the global positioning system (GPS), wireless local area networks (WLAN), and Wi-Fi for positioning objects and people in the enclosed location. It provides customized information to smartphone users regarding asset tracking, navigation, event scheduling, proximity marketing, in-store product search, mobile payments, and Bluetooth low energy (BLE) beacons proximity services. These properties make indoor LBS an ideal solution for the defense, aerospace, healthcare, transportation, retail, and hospitality industries.

One of the prime factors driving the Japan indoor LBS market growth is the numerous initiatives undertaken by the Government of Japan (GoJ) to incorporate geospatial data across various industrial verticals for seamless location-based services, precision surveys, and maintaining security. In line with this, rapid developments in local area and virtual private networks (VPNs), along with the large-scale integration of the technology with artificial intelligence (AI) and cloud-computing solutions, have led to improved data security with reduced deployment costs. This, in turn, is propelling the market growth significantly. Besides this, the proliferation of social media platforms is further facilitating the utilization of LBS for targeting potential customers, which is contributing to the market growth.

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

Competitive Landscape with Key Players:

The competitive landscape of the japan 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 japan indoor LBS market on the basis of solution type, technology, application, vertical and region.

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 Region:

  • Kanto Region
  • Kinki Region
  • Central/ Chubu Region
  • Kyushu-Okinawa Region
  • Tohoku Region
  • Chugoku Region
  • Hokkaido Region
  • Shikoku Region

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/japan-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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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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