Market Research Report
Indoor Positioning and Navigation - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||825588|
|Published||Content info||134 Pages
Delivery time: 2-3 business days
|Indoor Positioning and Navigation - Global Market Outlook (2017-2026)|
|Published: March 1, 2019||Content info: 134 Pages||
According to Stratistics MRC, the Global Indoor Positioning and Navigation Market is accounted for $6.92 billion in 2017 and is expected to reach $54.60 billion by 2026 growing at a CAGR of 25.8% during the forecast period. Increasing adaption of IPN technologies many industries like healthcare, logistics etc., rising customer awareness and improving service quality & functionality are some of the factors propelling the market growth. However, capex issues and indoor environment are hindering the market.
Indoor Positioning and Navigation (IPN) system is used to navigate or locate people using lights, radio waves, magnetic fields, acoustic signals, or other sensory information. IPN uses various optical, radio, or even acoustic technologies to design fragmentation. They are also used to detect magneto metric information inside buildings or locations with steel structures or in iron ore mines.
On the basis of Application, Location Based Analytics segment holds the major growth during the forecast period due to rise in proximity marketing solutions among the retail sector. By geography, North America holds the significant market share during the forecast period owing to the accessibility of sophisticated connectivity wireless technology and indoor technologies among retail, travel, hospitality, healthcare, and public spaces.
Some of the key players in global Indoor Positioning and Navigation market are AeroScout, Apple, Beaconinside, Bluepath, Cisco, GiPStech, Google, Here Holdings, Hewlett Packard, Infinity, INSITEO, Insoft, MazeMap, Micello, Microsoft, Nextome, PinMicro, Pointr, Qualcomm and Samsung.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.