Know In-Detail About the “Indoor Positioning and Indoor Navigation Market” by Advanced Wireless Connectivity Technologies

Indoor positioning systems use different technologies such as WiFi / LiFi access points, Bluetooth beacons, magnetic positioning, Ultra-wideband beacons, and dead reckoning, which offers position accuracy of around 2cm. These technologies help to actively locate tags and mobile devices to get sensed. For instance, in 2019, Racelogic announced the launch of a brand-new indoor positioning system, VIPS. VIPS is an advanced system, which helps in measuring real-time 3D position with an accuracy of ±2cm in areas where GPS is not available, making it an ideal tool for construction applications both indoors and in urban areas. However, operational challenges in the indoor environment and issues with the capital expenditure are expected to hamper the global indoor positioning and indoor navigation market growth during the forecast period.

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To provide information on the competitive landscape, this report includes detailed profiles of major key players of the Indoor Positioning and Indoor Navigation (IPIN) Market Industry: Apple Incorporation, HERE Technologies, IndoorAtlas, Cisco Systems Inc., Broadcom, Ericsson, Microsoft, Qualcomm-Atheros, Google Inc., Motorola Solution Inc., Samsung Electronics Co. Ltd., Nokia Corporation, Stmicroelectronics, Siemens, Aisle, Nowon Technologies Pvt Ltd., Spirent Communications PLC, Senion AB, Sensewhere, SPREO, Nextome, Steerpath, indoo.rs, Pointr, AirFinder, and Insiteo among others.

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Market Dynamics Drivers and Restraints Opportunities:-
The increased sales of automobiles all across the globe are expected to augment the growth of the global Indoor Positioning and Indoor Navigation (IPIN) Market market. Moreover, an increase in disposable income among individuals especially in developing nations is expected to create propulsion in the global market. In addition, the Optical research report also offers a deep analysis of the recently adopted growth strategies and development plans of the industry. This report explores all the key factors affecting the growth of the Indoor Positioning and Indoor Navigation (IPIN) Market market including supply and demand scenario, pricing structure, profit margins.
 
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