IPIN (Indoor Positioning And Indoor Navigation) Market Research 2021 March 2017
Global IPIN Market 2017-2021, has been prepared based on an in-depth market analysis
with inputs from industry experts. This report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the key vendors
operating in this market.
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Indoor positioning and indoor navigation (IPIN) technology make use of sensors, magnetic
positioning, and Bluetooth low energy (BLE) technology to precisely track users indoors.
IPIN can help people navigate indoors in places such as hospitals, museums, and university
campuses. Indoor positioning systems depend on three parameters, namely the dynamic
positioning system platform, beacons that broadcast signals to smartphones, and the apps that
make the systems indispensable to consumers. BLE beacons that assist indoor positioning are
inexpensive; it is also easy to install and maintain them. American Airlines, Walmart, Coca-
Cola, Apple, Macy's stores, Lord & Taylor stores, and Nivea are key organizations that are
already experiencing the benefits of the BLE positioning system.
The analysts forecast global IPIN market to grow at a CAGR of 58.90% during the period
2017-2021. This report covers the present scenario and the growth prospects of the global
IPIN market for 2017-2021. To calculate the market size, the report considers the revenue
generated from the use of the IPIN applications, the sales of the BLE-based beacons globally
during the forecast period.
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The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Market driver
High penetration of mobile computing devices.
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Market challenge
Lack of awareness about IPIN technology.
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Market trend
Growing popularity of cloud-based big data analytics.
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