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Indoor Positioning and Indoor Navigation (IPIN) Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2016 - 2024

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Global Indoor Positioning and Indoor Navigation (IPIN) Market

An indoor positioning and indoor navigation (IPIN) system is a network of devices used to locate people and objects inside a building wirelessly. Whereas navigation is concerned with finding places in large office buildings, museums, university buildings and malls, indoor positioning and indoor navigation (IPIN) solutions improve accuracy of Wi-Fi based navigation and positioning. Earlier GPS devices were used intensively, as these devices were robust for outdoor environments. However, GPS signals are unavailable in indoor environments. Advanced indoor positioning and indoor navigation devices and solutions ensure better connectivity, access and indoor navigation. In addition, these devices and solutions will enhance customer privacy and is expected to bring in advancement in existing maps and navigation solutions and software. Increasing use of IPIN devices and solutions in various applications such as commercial buildings, healthcare, hospitality, oil & gas, mining and other related applications is driving the growth of indoor positioning and indoor navigation market.

Global Indoor Positioning and Indoor Navigation (IPIN) Market: Segmentation

The indoor positioning and indoor navigation (IPIN) market can be segmented by six major criteria: devices, software, system types, applications and end users. The indoor positioning and indoor navigation (IPIN) market can be segmented on the basis of types of devices used into three major categories, namely network devices, proximity devices and mobile devices. On the basis of system types, the indoor positioning and indoor navigation (IPIN) market can be segmented into two major categories, namely indoor location based analytics and indoor navigations & maps. The system type segment includes three major categories such as independent positioning system, network based positioning system and hybrid positioning system. On the basis of application the indoor positioning and indoor navigation (IPIN) market can be segmented into eleven major categories, namely commercial buildings & offices, healthcare, hospitality, government, security, aviation, oil & gas, mining, education, manufacturing and others (distribution, transport & logistics). The indoor positioning and indoor navigation (IPIN) market can be segmented on the basis of end-users into three major categories namely government, industrial and commercial sector. The market can also be segmented on the basis of major geographies into North America, Europe, Asia Pacific and Rest of the World (Latin America, Africa and Middle East)

Global Indoor Positioning and Indoor Navigation (IPIN) Market: Drivers and Restraints

The indoor positioning and indoor navigation (IPIN) market across the globe is expected to show a substantial CAGR from 2013 to 2019. There is a significant increase in the IPIN market because of technological advancement and cost reduction.

The key drivers of this market include increasing customer awareness. IPIN technology is replacing GPS technology and government initiatives, which are the biggest revenue generators for indoor positioning and indoor navigation (IPIN) market. The key restraint to this market is indoor environment and capex issues.

Some of the key players in the Indoor positioning and indoor navigation (IPIN) market are Apple Incorporation, Cisco Systems Inc., Broadcom, Ericsson, Microsoft, Google Inc., Nokia Corporation, Qualcomm-Atheros, Motorola Solution Inc., Samsung Electronics Co. Ltd., Stmicroelectronics, Siemens, Spirent Communications PLC, Aisle, Nowon Technologies Pvt Ltd. and Insiteo among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market. 

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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