North American Indoor Navigations & Maps Market Estimated to reach nearly $2.1 billion in 2025 at a CAGR of +25.7% | IBM Corp., Telefonaktiebolaget LM Ericsson
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The Major players of the North American indoor navigations & maps market include Apple, Inc., Google LLC, IBM Corp., Telefonaktiebolaget LM Ericsson, and Microsoft Corp.
North American indoor navigations & maps market is segmented on the basis of technology and application. On the basis of technology, the market is further segmented into Bluetooth, Wi-Fi, Ultra-Wideband Technology, and Others. During the forecast period, the market of Bluetooth in indoor navigations & map systems is estimated to have a major market share at the highest CAGR due to the significant adoption of the beacon technology in indoor navigations & map systems. Further, on the basis of application, the market is segmented into healthcare, retail, manufacturing, energy and utilities, and others.
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These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players. For instance, in April 2019, Google LLC launched a new mobile application as 'WifiRttScan'. The applications are for developers, vendors, universities, and other users for research and test the indoor location mapping features within Android P. Earlier to this, the mobile application was only compatible with Pixel smartphones.
North American Indoor Navigations & Maps Market Segmentation
North American Indoor Navigations & Maps Market by Technology
• Ultra-Wideband Technology
• Others (Magnetic Positioning)
North American Indoor Navigations & Maps Market by Application
• Energy and Utilities
• Others (Transportation)
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