Indoor Positioning and Indoor Navigation (IPIN) Market 2020-2024 | Declining Cost Of RFID Tags to Boost Growth | Technavio

Technavio has been monitoring the indoor positioning and indoor navigation market and it is poised to grow by USD 15.78 bn during 2020-2024, progressing at a CAGR of about 33% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Indoor Positioning and Indoor Navigation (IPIN) Market 2020-2024 (Graphic: Business Wire)

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Alphabet Inc., Apple Inc., Broadcom Inc., Cisco Systems Inc., HERE Global BV, Microsoft Corp., Nextome Srl, Qualcomm Inc., Samsung Electronics Co. Ltd., and Senion AB, are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The declining cost of RFID tags has been instrumental in driving the growth of the market. However, inaccuracy in search and advertising results might hamper market growth.

Indoor Positioning and Indoor Navigation Market 2020-2024 : Segmentation

Indoor Positioning and Indoor Navigation Market is segmented as below:

• Application
  • Retail
  • Aviation
  • Healthcare
  • Manufacturing and Logistics
  • Government and Public Sector
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

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Indoor Positioning and Indoor Navigation Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our indoor positioning and indoor navigation market report covers the following areas:

• Indoor Positioning and Indoor Navigation Market Size
• Indoor Positioning and Indoor Navigation Market Trends
• Indoor Positioning and Indoor Navigation Market Industry Analysis

This study identifies the increasing use of iBeacon for businesses as one of the prime reasons driving the indoor positioning and indoor navigation market growth during the next few years.

Indoor Positioning and Indoor Navigation Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the indoor positioning and indoor navigation market, including some of the vendors such as Alphabet Inc., Apple Inc., Broadcom Inc., Cisco Systems Inc., HERE Global BV, Microsoft Corp., Nextome Srl, Qualcomm Inc., Samsung Electronics Co. Ltd., and Senion AB. Backed with competitive intelligence and benchmarking, our research reports on the indoor positioning and indoor navigation market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Indoor Positioning and Indoor Navigation Market 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist indoor positioning and indoor navigation market growth during the next five years
• Estimation of the indoor positioning and indoor navigation market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the indoor positioning and indoor navigation market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of indoor positioning and indoor navigation market vendors

Table Of Contents :

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Application

• Market segments
• Comparison by Application
• Retail - Market size and forecast 2019-2024
• Aviation - Market size and forecast 2019-2024
• Healthcare - Market size and forecast 2019-2024
• Manufacturing and logistics - Market size and forecast 2019-2024
• Government and public sector - Market size and forecast 2019-2024
• Market opportunity by Application

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Alphabet Inc.
• Apple Inc.
• Broadcom Inc.
• Cisco Systems Inc.
• HERE Global BV
• Microsoft Corp.
• Nextome Srl
• Qualcomm Inc.
• Samsung Electronics Co. Ltd.
• Senion AB

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20200709005443/en/