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Wednesday, January 01, 2014

Indoor Positioning and Indoor Navigation (IPIN) Market expected to grow $2.60 Billion By 2018

According to a market research report by Markets and Markets and press release in The International News Magazine:

The global indoor location market is estimated to grow from $448.6 million in 2013 to $2.60 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 42.1% from 2013 to 2018. In terms of regions, North America is expected to be the biggest market in the near term, while the European region is expected to experience increased market traction in the longer term.

The report further segments the market by:

type of software solution:

  • indoor maps and navigation
  • indoor location-based analytics

type of positioning systems:

  • network-based positioning
  • independent positioning
  • hybrid positioning systems

type of verticals:

  • offices and commercial buildings
  • government, public safety and urban security
  • healthcare
  • travel and hospitality
  • aviation
  • academia and education
  • oil, gas and mining
  • manufacturing, distribution and logistics
  • others
by Joe Francica on 01/01 at 11:00 PM | Comments | Bookmark and Share

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