Boston, MA -- (SBWIRE) -- 04/20/2017 -- 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.

Get More Details on this Report and a Full Table of Contents at Global Indoor Positioning And Indoor Navigation (IPIN) Market 2017-2021

Technavio's analysts forecast the global IPIN market to grow at a CAGR of 58.90% during the period 2017-2021.

Covered in this report
The 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.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global IPIN Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

Key vendors

-Google
-Apple
-Here
-Micello

Other prominent vendors

-Beaconinside
-bluepath
-GiPStech
-MazeMap
-Nextome
-Pinmicro
-Pointr
-shopkick
-Spreo

Market driver

-High penetration of mobile computing devices.
-For a full, detailed list, view our report

Market challenge

-Lack of awareness about IPIN technology.
-For a full, detailed list, view our report

Market trend

-Growing popularity of cloud-based big data analytics.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2021 and what will the growth rate be?
-What are the key market trends?
-What is driving this 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 key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Google, Apple, Here, Micello, Beaconinside, bluepath, GiPStech, MazeMap, Nextome, Pinmicro, Pointr, shopkick, Spreo

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