Indoor Positioning and Indoor Navigation Market - Commercial Buildings, Healthcare, Hospitality Applications Demands Drive
An indoor positioning and indoor navigation (IPIN) system is a network of devices used to locate people and objects inside a building wirelessly. Whereas navigation is concerned with finding places in large office buildings, museums, university buildings and malls, indoor positioning and indoor navigation (IPIN) solutions improve accuracy of Wi-Fi based navigation and positioning.
Earlier GPS devices were used intensively, as these devices were robust for outdoor environments. However, GPS signals are unavailable in indoor environments. Advanced indoor positioning and indoor navigation devices and solutions ensure better connectivity, access and indoor navigation. In addition, these devices and solutions will enhance customer privacy and is expected to bring in advancement in existing maps and navigation solutions and software.
Increasing use of IPIN devices and solutions in various applications such as commercial buildings, healthcare, hospitality, oil & gas, mining and other related applications is driving the growth of indoor positioning and indoor navigation market.
The indoor positioning and indoor navigation (IPIN) market can be segmented by six major criteria: devices, software, system types, applications and end users. The indoor positioning and indoor navigation (IPIN) market can be segmented on the basis of types of devices used into three major categories, namely network devices, proximity devices and mobile devices.
The indoor positioning and indoor navigation (IPIN) market across the globe is expected to show a substantial CAGR from 2013 to 2019. There is a significant increase in the IPIN market because of technological advancement and cost reduction.
Some of the key players in the Indoor positioning and indoor navigation (IPIN) market are Apple Incorporation, Cisco Systems Inc., Broadcom, Ericsson, Microsoft, Google Inc., Nokia Corporation, Qualcomm-Atheros, Motorola Solution Inc., Samsung Electronics Co. Ltd., Stmicroelectronics, Siemens, Spirent Communications PLC, Aisle, Nowon Technologies Pvt Ltd. and Insiteo among others.
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