Information Communications Media Technology Market News

Widespread adoption of 'indoor positioning and indoor navigation (IPIN) technology' drives demand published by leading research firm

Widespread adoption of 'indoor positioning and indoor navigation (IPIN) technology' drives demand published by leading research firm

The high penetration of smartphones in this market is expected to drive market growth during the forecast period. The recent increase in the demand for smartphones has led to the advent of context-aware services that provide highly personalized location services to retailers.

- Advertising -

Global IPIN Market Remarkable CAGR of more than 42% by 2020

Market outlook of the Global IPIN Market

Orbis Research’s market research analyst estimates factors like the increased awareness and improved efficiency of indoor location services to spur market growth during the forecast period. The widespread implementation of IPIN solutions in business segments like healthcare, retail, aviation, and manufacturing is a significant factor that results in Global IPIN Market remarkable CAGR of more than 42% by 2020.

- Advertising -

These services help to maintain customer engagement and, therefore, results in market growth.

Get a PDF Sample of Global IPIN Market Report at: www.orbisresearch.com/contacts/request-sample/201783

Segmentation by application and analysis of the IPIN market

  • Retail
  • Aviation
  • Healthcare
  • Government organizations

In this market research report, Technavio analysts have estimated the retail segment to be the largest market segment during the forecast period. This sector presently accounts for more than 55% of the overall market share and is envisaged to be the highest revenue generating segment in this market by the end of 2020.The ability of beacons to aid in queue management and provide navigation solutions to customers is expected to result in this segments growth between the period of 2016 and 2020.In this market research report.

Read more details of the Global IPIN Market  report at: www.orbisresearch.com/reports/inde…-market-2016-2020

Geographical segmentation of the IPIN market

  • Americas
  • APAC
  • Europe
  • MEA

Market research analysts have estimated the Americas to account for an impressive market share of more than 60% during the forecast period. The recent rise in smartphone adoption and proximity advertising services are the two significant factors that are anticipated to account for this regions strong market dominance during the predicted period.

Competitive landscape and key vendors

The global IPIN market is highly fragmented because of the presence of numerous small and large vendors. The revenue scope of indoor location services, analytics, and proximity-based advertising is expected to have a significant impact on the mobile chipset manufacturers, mobile operating system developers, handset manufacturers, and network equipment manufacturers.

The key vendors in this market are -

  • Apple
  • Google
  • HERE
  • Micello
  • Shopkick

Other prominent vendors mentioned in this market analysis are Beaconinside, Bluepath, GiPStech, Infinity, Insoft, MazeMap, Nextome, PinMicro, Pointr, Spreo, and Steerpath.

Access this Report at: www.orbisresearch.com/contact/purchase/201783

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global IPIN market?
  • What are the key market trends impacting the growth of the IPIN market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global IPIN market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and MEA
  • What are the key outcomes of the five forces analysis of the IPIN market?

Companies Mentioned:

Apple, Google, HERE, Micello, Shopkick, Beaconinside, Bluepath, GiPStech, Infinity, Insoft, MazeMap, Nextome, PinMicro, Pointr, Spreo, Steerpath.

 

 

News From

Orbis Research - Rendering Conscientious ResearchOrbis Research
Category: Market Research Publishers and RetailersCompany profile: Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have a vast database of reports from the leading publishers and authors across the gl obe. We specialize in delivering customised reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialisation. This helps our clients to map their need, and we produce the perfect requi ...