Quick Summary:
In an era of vibrant technological advancements, the Indoor Positioning Systems market holds undeniable potential for enterprises seeking to revolutionize their operational efficiency and customer experiences. These systems, leveraging a robust network of software-powered devices, offer a sophisticated solution for precise location tracking in indoor spaces where a global positioning system proves inadequate. Their utility spans diverse industries, each bespoke in their requirements for accuracy, coverage, and the financial and power constraints.
Beyond the traditional stronghold of healthcare, the demand for these positioning systems is swiftly burgeoning in the manufacturing and warehousing sectors as they offer invaluable data-driven insights to enhance and streamline operations. Providers are leaving no stone unturned, investing heavily in research and innovation to refine their offerings while fortifying critical parameters like scalability, privacy, and security. With this highly informative Frost Radar™ report, gain an unrivaled understanding of the landscape and explore the competitive profiles of key market players, their strengths, and defined paths for growth and innovation. Equip yourself with the knowledge to identify and capitalize on lucrative opportunities in this dynamic market.
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
An indoor positioning system is a network of devices powered by software for locating people or objects in places where a global positioning system lacks precision or fails completely. No single technology is ideal for a particular industry because each indoor environment has a unique complexity and sophistication, and accuracy and coverage demands vary. Power consumption, size, and costs of implementation and maintenance of a system also are important considerations.
As Internet of Things and mobile computing installations become more common, the market for indoor positioning systems is growing beyond the commonly considered healthcare industry. The market for the manufacturing and warehousing industry is particularly dynamic as system data also is used to improve systems and processes. Providers are consistently investing in the development of better formulations to improve accuracy and coverage, and are paying special attention to scalability, privacy, and security to gain a competitive advantage.
The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- AiRISTA Flow
- HID Global
- Inpixon
- Juniper Networks
- Litum Technologies
- Quuppa Oy
- Sonitor Technologies
- Ubisense
- Zebra Technologies
