The global indoor LBS market reached US$ 13.8 billion in 2023. The market is projected to reach US$ 60 billion by 2032, exhibiting a growth rate (CAGR) of 17.7% during 2023-2032. Retailers leverage Indoor LBS to optimize store layouts, deliver targeted promotions, and gather insights into customer behavior. In retail, NFC-powered smart shelves can provide real-time product information.