Over 40,000 Non-Retail Indoor Location Venues by 2019
London, United Kingdom - 03 Mar 2014
Today, the indoor location focus is on the retail space, but the potential in enterprise, corporate, and public venues is just as large, albeit with different drivers and inhibitors.
In ABI Research's latest report, "Indoor Location for Commercial and Business Verticals", key drivers such as corporate wellness, legislation, employee analytics, low-cost tags, BYOD, and security are all considered across 11 non-retail verticals. "In the non-retail space, the current RTLS market is largely focused on tracking high-value or important items using high-accuracy and dedicated tags," comments senior analyst, Patrick Connolly. "But the ability to track connected devices and low-cost BLE tags will open up opportunities around staff analytics, visitor management, meeting scheduling, staff enterprise applications, building layout optimization, etc. There is also huge potential in public-facing buildings like hospital, hotels, airports, schools, etc., resulting in over 40,000 installations of indoor location technologies in non-retail environments by 2019."
Practice director, Dominique Bonte adds, "New technologies will give this market a major jolt in the arm; Quuppa's BLE technology and advances in Wi-Fi and small cell location will all better enable low-cost and high-accuracy across large buildings. IoE, wearables, and BYOD means there will be many more ways of tracking in the future, while the onset of low-cost BLE tags makes accurate asset tracking cost effective for all verticals, even consumers."
These findings are part of ABI Research's Location Technologies Research Service.
ABI Research provides in-depth analysis and quantitative forecasting of trends in global connectivity and other emerging technologies. From offices in North America, Europe and Asia, ABI Research's worldwide team of experts advises thousands of decision makers through 70+ research and advisory services. Est. 1990. For more information visit www.abiresearch.com, or call +1.516.624.2500.