Press release
Prominent Indoor Positioning And Indoor Navigation (IPIN) Market Trend for 2025: HERE Technologies Leads Indoor Mapping Innovation With Indoor Map As A Service
Indoor Positioning And Indoor Navigation IPIN Market
The burgeoning use of smartphones is projected to fuel the expansion of the indoor positioning and indoor navigation (IPIN) market. Smartphones, as handheld digital appliances, blend communication, computation, and multimedia functionalities, usually equipped with touchscreens and mobile operating systems. The rise in the use of smartphones improves indoor positioning and navigation potentiality through incorporated sensors like GPS, accelerometers, and gyroscopes, facilitating more precise and effectual indoor navigation solutions. For example, Uswitch Limited, a UK-based company specialising in price comparison and service swapping, stated in February 2023 that there were 71.8 million mobile connections in the UK, a 3.8% increase, or around 2.6 million, from 2021. It is anticipated that the UK population will increase to 68.3 million by 2025, out of which 95%, equalling about 65 million people, will possess a smartphone. Thus, the escalating use of smartphones is stimulating the growth of the indoor positioning and indoor navigation (IPIN) market.
Get Your Indoor Positioning And Indoor Navigation (IPIN) Market Report Here:
https://www.thebusinessresearchcompany.com/report/indoor-positioning-and-indoor-navigation-ipin-global-market-report
What is the projected compound annual growth rate (CAGR) of the indoor positioning and indoor navigation (ipin) market from 2025 to 2034, and what factors influence it?
The market size for indoor positioning and indoor navigation (IPIN) has seen dramatic expansion in the past years. The market value, which is predicted to be $18.91 billion in 2024, is set to rise to $26.77 billion in 2025, registering a Compound Annual Growth Rate (CAGR) of 41.6%. This robust growth during the historic period can be credited to factors such as rising demand for proximity marketing, soaring use of smartphones, enhancement in Internet connectivity, proliferating adoption of IoT, and growing utilization of GPS navigation systems.
In the coming years, the market for indoor positioning and indoor navigation (IPIN) is anticipated to experience a significant surge. By 2029, experts forecast a growth to $109.2 billion, reflecting a compound annual growth rate (CAGR) of 42.1%. Factors contributing to this projected increase during the forecast period include the rising adoption of IoT for indoor positioning, an increase in the use of Bluetooth beacons, the restriction of GPS use to outdoor areas, growing utilization of iBeacon for business purposes, and an increase in demand for real-time location systems (RTLS). The forecast period also predicts trending integration of augmented reality (AR), ultra-wideband (UWB) technology, multi-sensor fusion, indoor mapping and digital twins with internet of things (IoT) devices.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14121&type=smp
How are the latest trends influencing the growth of the indoor positioning and indoor navigation (ipin) market?
Significant players in the indoor positioning and indoor navigation (IPIN) market are concentrating on the development of advanced technologies, such as indoor mapping, to augment location-based offerings. These solutions involve the creation of detailed digital imprints of interior spaces to allow for precise and efficient navigation within buildings. In January 2022, HERE Technologies, a company based in the Netherlands that offers location data and technical platforms, introduced its Indoor Map as a Service. This all-inclusive solution for indoor mapping provides indoor map data, routing, and positioning, all incorporated into the HERE SDK and flawlessly linked with their foundational map. The service's aim is to assist with navigation, indoor asset tracking, and maximizing space utilization. This offering has expanded HERE's product range and presented an all-inclusive answer for indoor mapping necessities. Indoor Map as a Service caters to an increasing market requiring technologies for navigation, indoor asset tracking, and space utilization optimization.
What are the major segments of the indoor positioning and indoor navigation (ipin) market and their role in driving growth?
The indoor positioning and indoor navigation (IPIN) market covered in this report is segmented -
1) By Component: Software, Hardware, Services
2) By Technology: Ultra-Wideband Technology, Bluetooth Low Energy, Wi-Fi, Other Technologies
3) By Application: Asset And Personnel Tracking, Location-Based Analytics, Navigation And Maps, Other Applications
4) By End Use Industry: Healthcare, Retail, Manufacturing, Travel And Hospitality, Office Spaces, Public Spaces, Logistics And Warehouses, Other End Use Industries
Subsegments:
1) By Software: Mapping And Visualization Software, Location Analytics Software, Navigation And Routing Software, Asset Tracking Software, Others
2) By Hardware: Beacons, Sensors, Access Points, Tags, RFID Systems, Others
3) By Services: Consulting Services, Integration And Deployment Services, Maintenance And Support Services, Managed Services, Others
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14121
Which regions are key players in the growth of the indoor positioning and indoor navigation (ipin) market?
North America was the largest region in the indoor positioning and indoor navigation (IPIN) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the indoor positioning and indoor navigation (IPIN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the indoor positioning and indoor navigation (ipin) market?
Major companies operating in the indoor positioning and indoor navigation (IPIN) market are Apple Inc., Alphabet Inc., Samsung Electronics Co. Ltd., Microsoft Corp., Siemens AG, Cisco Systems Inc., Qualcomm Inc., Broadcom Inc., Telefonaktiebolaget LM Ericsson, Nokia Corporation, STMicroelectronics N.V., Inpixon, Motorola Solutions Inc., HERE Global B.V. (HERE Technologies), Navigine Corp., Pointr Labs Limited, Sensewhere Limited, Link Labs Corporation, Oriient Labs Ltd., Situm Technologies SL, SPREO, IndoorAtlas Oy, GiPStech Srl, MazeMap AS, Pinmicro K K, Mapsted Corporation, indoo.rs GmbH, Insiteo SAS, Nextome S.r.l, Steerpath Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=14121&type=smp
What Is Covered In The Indoor Positioning And Indoor Navigation (IPIN) Global Market Report?
•Market Size Forecast: Examine the indoor positioning and indoor navigation (ipin) market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the indoor positioning and indoor navigation (ipin) market for a structured understanding.
•Key Players Overview: Analyze major players in the indoor positioning and indoor navigation (ipin) market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the indoor positioning and indoor navigation (ipin) market.
•Segment Contributions: Evaluate how different segments drive overall growth in the indoor positioning and indoor navigation (ipin) market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the indoor positioning and indoor navigation (ipin) market.
•Industry Challenges: Identify potential risks and obstacles affecting the indoor positioning and indoor navigation (ipin) market.
•Competitive Landscape: Review strategic developments in the indoor positioning and indoor navigation (ipin) market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Prominent Indoor Positioning And Indoor Navigation (IPIN) Market Trend for 2025: HERE Technologies Leads Indoor Mapping Innovation With Indoor Map As A Service here
News-ID: 3913751 • Views: …
More Releases from The Business Research Company
Edible Films And Coatings Market Analysis: $5.3 Billion by 2029 With a CAGR of 9 …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
Edible Films And Coatings Market Value Projection: How Much Will the Market Size by 2025?
In recent years, the market size of edible films and coatings has experienced significant growth. The market is predicted to expand from its $3.44 billion value in 2024 to $3.65 billion in 2025, growing at a…
Construction Elastomers Global Market Insights: Growth Drivers, Size & Forecasts …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Forecasted Market Growth Rate of the Construction Elastomers Industry?
The market size for construction elastomers has seen robust growth in the past few years. The market is projected to extend from a worth of $6.27 billion in 2024 to value around $6.72 billion in 2025, exhibiting a compound…
Citric Acid Market to Surpass $5.37 Billion by 2029 | Key Trends & Insights
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Citric Acid Market Grow by 2025 in Terms of Size and Growth?
The market size for citric acid has seen a consistent escalation in the past few years. It's predicted to surge from $4.36 billion in 2024 to reach $4.5 billion in 2025, with a compound annual growth rate…
Cellulosic Fire Protection Intumescent Coating Industry to See Robust Expansion, …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Cellulosic Fire Protection Intumescent Coating Market from 2024 to 2025?
Over the past few years, the market size for cellulosic fire protection intumescent coatings has consistently expanded. It is projected to increase from $0.61 billion in 2024 to $0.63 billion in 2025, with a compound…
More Releases for Indoor
Indoor Golf Equipment
Global Info Research announces the release of the report "Global Indoor Golf Equipment Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029" . The report is a detailed and comprehensive analysis presented by region and country, type and application. As the market is constantly changing, the report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets.…
Indoor Positioning & Indoor Navigations Market Size, Share and Forecast 2019-202 …
IPIN is defined as a network of devices that enables to track the geographical location of personnel within a confined area. These systems work through the deployment of wireless technologies such as Bluetooth, WiFi, and ultra-wideband. It offers location analytics, navigation, mapping, wayfinding, asset tracking, and other solutions to its end-users. The growth of the global Indoor positioning and indoor navigations (IPIN) market is expected to be lucrative over the…
Indoor Positioning and Indoor Navigation (IPIN) Market Size, Growth & Forecast t …
The global indoor positioning and indoor navigation (IPIN) market is growing significantly and estimated to grow at a CAGR of 28.4% during the forecast period (2019-2025). IPIN is primarily used for navigation within an industry, office or a building. Indoor positioning & indoor navigations (IPIN) is primarily used for navigation within an industry, office or a building. GPS-based navigation is unreliable for pinpoint accuracy in interior spaces and GPS reception…
Indoor Karting Market: Global Indoor Karting Market Professional Survey Report 2 …
This report studies Indoor Karting in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering
Alpha Karting
Anderson Racing Karts
…
Indoor Positioning and Indoor Navigation Market - Analysis, Growth 2024
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…
Indoor Positioning and Indoor Navigation (IPIN) Market - Industry Analysis, Mark …
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…
