Market Research Report
Global Indoor Positioning And Indoor Navigation (IPIN) Market 2017-2021
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||311609|
|Published||Content info||70 Pages
Delivery time: 1-2 business days
|Global Indoor Positioning And Indoor Navigation (IPIN) Market 2017-2021|
|Published: March 29, 2017||Content info: 70 Pages||
Indoor positioning and indoor navigation (IPIN) technology make use of sensors, magnetic positioning, and Bluetooth low energy (BLE) technology to precisely track users indoors. IPIN can help people navigate indoors in places such as hospitals, museums, and university campuses. Indoor positioning systems depend on three parameters, namely the dynamic positioning system platform, beacons that broadcast signals to smartphones, and the apps that make the systems indispensable to consumers. BLE beacons that assist indoor positioning are inexpensive; it is also easy to install and maintain them. American Airlines, Walmart, Coca-Cola, Apple, Macy's stores, Lord & Taylor stores, and Nivea are key organizations that are already experiencing the benefits of the BLE positioning system.
Technavio's analysts forecast the global IPIN market to grow at a CAGR of 58.90% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global IPIN market for 2017-2021. To calculate the market size, the report considers the revenue generated from the use of the IPIN applications, the sales of the BLE-based beacons globally during the forecast period.
The market is divided into the following segments based on geography:
Technavio's report, Global IPIN Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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