Indoor Positioning and Indoor Navigation Market Trends, Growth Forecast and Industry statistics till 2027 | HID Global, Google, Microsoft, Apple, Cisco, HPE, Acuity Brands, Centrak, Sonitor

The Indoor Positioning and Indoor Navigation Market size is estimated to grow from USD 3.48 Billion in 2020 to USD 17.56 Billion by 2027, growing at a CAGR of 33.88% during the forecast year from 2021 to 2027.

The Indoor Positioning and Indoor Navigation market study analyzes the market status, market share, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. This market report performs geographical analysis for the major areas such as North America, China, Europe, Southeast Asia, Japan, and India, with respect to the production, price, revenue and market share for top manufacturers. Moreover, businesses can gain insights into profit growth and sustainability program with this report. The winning Indoor Positioning and Indoor Navigation market analysis report also includes detailed profiles of market’s major manufacturers and importers who are dominating the market.

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Global Indoor Positioning and Indoor Navigation (IPIN) Market

An indoor positioning and indoor navigation (IPIN) system is a network of devices used to locate people and objects inside a building wirelessly. Whereas navigation is concerned with finding places in large office buildings, museums, university buildings and malls, indoor positioning and indoor navigation (IPIN) solutions improve accuracy of Wi-Fi based navigation and positioning. Earlier GPS devices were used intensively, as these devices were robust for outdoor environments. However, GPS signals are unavailable in indoor environments. Advanced indoor positioning and indoor navigation devices and solutions ensure better connectivity, access and indoor navigation. In addition, these devices and solutions will enhance customer privacy and is expected to bring in advancement in existing maps and navigation solutions and software. Increasing use of IPIN devices and solutions in various applications such as commercial buildings, healthcare, hospitality, oil & gas, mining and other related applications is driving the growth of indoor positioning and indoor navigation market.

Global Indoor Positioning and Indoor Navigation (IPIN) Market: Segmentation

The indoor positioning and indoor navigation (IPIN) market can be segmented by six major criteria: devices, software, system types, applications and end users. The indoor positioning and indoor navigation (IPIN) market can be segmented on the basis of types of devices used into three major categories, namely network devices, proximity devices and mobile devices. On the basis of system types, the indoor positioning and indoor navigation (IPIN) market can be segmented into two major categories, namely indoor location based analytics and indoor navigations & maps. The system type segment includes three major categories such as independent positioning system, network based positioning system and hybrid positioning system.

On the basis of application the indoor positioning and indoor navigation (IPIN) market can be segmented into eleven major categories, namely commercial buildings & offices, healthcare, hospitality, government, security, aviation, oil & gas, mining, education, manufacturing and others (distribution, transport & logistics). The indoor positioning and indoor navigation (IPIN) market can be segmented on the basis of end-users into three major categories namely government, industrial and commercial sector. The market can also be segmented on the basis of major geographies into North America, Europe, Asia Pacific and Rest of the World (Latin America, Africa and Middle East)

Global Indoor Positioning and Indoor Navigation (IPIN) Market: Drivers and Restraints

The indoor positioning and indoor navigation (IPIN) market across the globe is expected to show a substantial CAGR from 2021 to 2027. There is a significant increase in the IPIN market because of technological advancement and cost reduction.

The key drivers of this market include increasing customer awareness. IPIN technology is replacing GPS technology and government initiatives, which are the biggest revenue generators for indoor positioning and indoor navigation (IPIN) market. The key restraint to this market is indoor environment and capex issues.

Some of the key players in the Indoor positioning and indoor navigation (IPIN) market are Apple Incorporation, Cisco Systems Inc., Broadcom, Ericsson, Microsoft, Google Inc., Nokia Corporation, Qualcomm-Atheros, Motorola Solution Inc., Samsung Electronics Co. Ltd., Stmicroelectronics, Siemens, Spirent Communications PLC, Aisle, Nowon Technologies Pvt Ltd. and Insiteo among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market.

Note: Although care has been taken to maintain the highest levels of accuracy in MarketDigits reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by MarketDigits is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

North America
Asia Pacific
Europe
Latin America
The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at MarketDigits adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by MarketDigits are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at MarketDigits helps you break down the complex scenario and bring resiliency in uncertain times.

This report would help you answer the following questions:

What is the market size and forecast of the Global Indoor Positioning and Indoor Navigation Market?
What are the inhibiting factors and impact of COVID-19 shaping the Global Indoor Positioning and Indoor Navigation Market during the forecast period?
Which region outstands in the Global Indoor Positioning and Indoor Navigation Market?
Which are the segments to invest in over the forecast period in the Global Indoor Positioning and Indoor Navigation Market?
What is the competitive strategic window for opportunities in the Global Indoor Positioning and Indoor Navigation Market?
What are the technology trends and regulatory frameworks in the Global Indoor Positioning and Indoor Navigation Market?
What are the major company in the Global Indoor Positioning and Indoor Navigation Market?

Table of Contents:

1 Introduction

2 Research Methodologies

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Compliance in Indoor Positioning and Indoor Navigation Market

8 Indoor Positioning and Indoor Navigation Market, By Service

9 Indoor Positioning and Indoor Navigation Market, By Deployment Type

10 Indoor Positioning and Indoor Navigation Market, By Organization Size

11 Indoor Positioning and Indoor Navigation Market Analyses, By Vertical

12 Geographic Analyses

North America

Europe

Asia-Pacific

South America

Middle East & Africa

13 Competitive Landscapes

14 Detailed Company Profiles

15 Related Reports

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