Market Research Report
Global Indoor Positioning and Indoor Navigations (IPIN) Market 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||869617|
Delivery time: 2-3 business days
|Global Indoor Positioning and Indoor Navigations (IPIN) Market 2019-2025|
|Published: May 16, 2019||Content info:||
Global Indoor Positioning and Indoor Navigations (IPIN) Market Size, Share & Trends Analysis Report by Type (Indoor Location-Based Analytics and Indoor Navigations & Maps), by Technology (Bluetooth, WiFi, Ultra-Wideband Technology, and Others), by Application (Healthcare, Retail, Manufacturing, Energy and Utilities, and Others) and Forecasts, 2019-2025
IPIN is defined as a network of devices that enables to track the geographical location of personnel within a confined area. Earlier, GPS devices can be used to navigate personnel inside the building; however, lacks signal availability in an indoor environment. In contrast to GPS devices, IPIN systems ensure better connectivity and access to indoor navigation. Moreover, these systems also ensure customer privacy and expected to bring in advancement in existing maps and navigation solutions and software. Global IPIN market is expected to grow impressively over the forecast period 2019-2025. Major factors augmenting the growth of the market include extensive use of IPIN systems across various industry verticals such as retail, manufacturing, healthcare, energy, and utilities among others.
The report analyzes the market on the basis of type, technology, applications, and region. On the basis of type, the market is classified into indoor location-based analytics and indoor navigations & maps. On the basis of technology, the market is segregated into Bluetooth, WiFi, Ultra-Wideband Technology, and others. Whereas, on the basis of application, the market is segmented into healthcare, retail, manufacturing, energy and utilities, and others. The retail sector has witnessed an increase in awareness of proximity marketing. Bluetooth beacon enables a micro-location level of promotion to reach the target audience where proximity is key. Through proximity marketing by promotional offers and notifications, dealers and store owners intend to keep customers engaged that results in higher sales.
Geographically, the global IPIN market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). These regions contribute significantly to the growth of the market. North America is expected to dominate the global IPIN market over the forecast period; whereas, Asia-Pacific is expected to register the higher growth than any other region over the forecast period. Global IPIN market consists of several market players which are operating globally and providing IPIN solutions. Some of the market players of the market include IBM Corp., Microsoft Corp., Siemens AG, Google Inc., Apple Inc., and so on. These market players are observed to have adopted strategies such as mergers and acquisitions, product launch, partnerships and collaborations, and others in recent years. For instance, in April 2019, Inpixon, one of the leading indoor positioning analytics companies, acquired Locality Systems Inc. This acquisition has enabled Inpixon to strengthen its products and solutions offerings.
The market study of the global IPIN market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for system integrators, software vendors, third-party integration providers, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly integrating different models delivering insights into the market for better business decisions.