Global Indoor Positioning and Indoor Navigation (IPIN) Market Report and Forecast 2024-2032 (2024)

According to this report, the global indoor positioning and indoor navigation (IPIN) market size reached a value of USD 21.58 billion in 2023. Aided by the increasing demand for location-based services and the proliferation of smart buildings, the market is projected to further grow at a CAGR of 31.4% between 2024 and 2032 to reach a value of USD 269.61 billion by 2032.

Indoor Positioning and Indoor Navigation (IPIN) technologies encompass a spectrum of solutions designed to provide accurate location information and seamless navigation experiences within indoor environments. IPIN systems deliver real-time location data and navigation guidance to users navigating complex indoor spaces such as airports, shopping malls, hospitals, and corporate campuses.

As per the indoor positioning and indoor navigation (IPIN) market analysis, in an era characterised by hyper-connectivity and digitalisation, the demand for location-based services (LBS) is on the rise. IPIN solutions serve as the cornerstone of LBS applications, enabling businesses to deliver personalised experiences, targeted promotions, and location-aware services to users within indoor environments.

As consumers increasingly seek seamless and immersive experiences, businesses across sectors are investing in IPIN solutions to enhance the visitor experience within indoor spaces which can fuel the indoor positioning and indoor navigation (IPIN) market growth. From providing interactive navigation maps in shopping malls to facilitating wayfinding in hospitals and museums, IPIN technologies enrich the user experience and foster customer loyalty.

Within enterprise environments, IPIN solutions drive efficiency and productivity gains by optimizing resource allocation, streamlining operations, and minimising downtime. By providing employees with intuitive navigation tools and asset-tracking capabilities, IPIN systems empower organisations to maximise workforce productivity and operational efficiency.

As per the indoor positioning and indoor navigation (IPIN) market outlook, the proliferation of smart building initiatives, driven by the imperatives of energy efficiency, sustainability, and occupant comfort, presents lucrative opportunities for IPIN vendors. Integrated with building management systems (BMS) and Internet of Things (IoT) platforms, IPIN solutions enable smart buildings to deliver personalized services, optimise space utilisation, and enhance occupant safety and well-being.

In addition to navigation and wayfinding, IPIN technologies offer valuable insights through indoor location analytics which can propel the indoor positioning and indoor navigation (IPIN) market expansion. By leveraging location data and proximity analytics, businesses can gain actionable intelligence into visitor behaviour, foot traffic patterns, and customer engagement metrics, empowering data-driven decision-making and targeted marketing strategies.

The integration of IPIN solutions with augmented reality (AR) and virtual reality (VR) technologies promises to revolutionise indoor navigation and wayfinding experiences. By overlaying digital information onto physical environments, AR-enabled IPIN applications offer immersive navigation experiences, interactive points of interest, and contextual information to users, enhancing situational awareness and engagement.

The convergence of IPIN technologies with the Internet of Things (IoT) ecosystem enables seamless integration with IoT sensors, beacons, and devices for enhanced location-aware applications and services. By leveraging IoT data streams and context-aware computing, IPIN solutions can deliver personalised experiences, predictive analytics, and proactive notifications based on user location and preferences, which can boost the indoor positioning and indoor navigation (IPIN) market share.

The adoption of ultra-wideband (UWB) technology for indoor positioning holds promise for delivering centimetre-level accuracy and precise location tracking within complex indoor environments. UWB-based IPIN solutions enable applications such as asset tracking, geofencing, and indoor navigation in environments where traditional positioning technologies may encounter limitations.

The emergence of cloud-based indoor mapping platforms in the indoor positioning and indoor navigation (IPIN) market simplifies the deployment and management of IPIN solutions, offering scalability, flexibility, and real-time updates for indoor maps and navigation data. Cloud-based IPIN platforms enable businesses to leverage advanced analytics, machine learning algorithms, and location-based services without the need for extensive infrastructure investments or maintenance overhead.

Market Segmentation

The market can be divided based on component, technology, application, end-use, and region.

Market Breakup by Component

  • Software
  • Hardware
  • Services

Market Breakup by Technology

  • Bluetooth Low Energy
  • Wi-Fi
  • Ultra-Wideband Technology
  • Others

Market Breakup by Application

  • Location-based Analytics
  • Asset and Personal Training
  • Navigation and Maps
  • Others

Market Breakup by End-use

  • Healthcare
  • Manufacturing
  • Office Spaces
  • Travel and Hospitality
  • Retail
  • Logistics and Warehouses
  • Public Spaces
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global indoor positioning and indoor navigation (IPIN) market. Some of the major players explored in the report are as follows:

  • HERE Global B.V.
  • Apple Inc.
  • Alphabet, Inc. (Google)
  • Cisco Systems Inc.
  • Nextome srl
  • Verizon Communications Inc.
  • Navigine Corporation
  • Pointr Limited
  • Juniper Networks, Inc.
  • IndoorAtlas Ltd.
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope

3 Report Description

3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players

4 Key Assumptions

5 Executive Summary

5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends

6 Market Snapshot

6.1 Global
6.2 Regional

7 Opportunities and Challenges in the Market

8 Global Indoor Positioning and Indoor Navigation (IPIN) Market Analysis

8.1 Key Industry Highlights
8.2 Global Indoor Positioning and Indoor Navigation (IPIN) Historical Market (2018-2023)
8.3 Global Indoor Positioning and Indoor Navigation (IPIN) Market Forecast (2024-2032)
8.4 Global Indoor Positioning and Indoor Navigation (IPIN) Market by Component
8.4.1 Software
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Hardware
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Services
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 Global Indoor Positioning and Indoor Navigation (IPIN) Market by Technology
8.5.1 Bluetooth Low Energy
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Wi-Fi
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Ultra-Wideband Technology
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Indoor Positioning and Indoor Navigation (IPIN) Market by Application
8.6.1 Location-based Analytics
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Asset and Personal Training
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Navigation and Maps
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Others
8.7 Global Indoor Positioning and Indoor Navigation (IPIN) Market by End-Use
8.7.1 Healthcare
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Manufacturing
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Office Spaces
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Travel and Hospitality
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Retail
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Logistics and Warehouses
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Public Spaces
8.7.7.1 Historical Trend (2018-2023)
8.7.7.2 Forecast Trend (2024-2032)
8.7.8 Others
8.8 Global Indoor Positioning and Indoor Navigation (IPIN) Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)

9 North America Indoor Positioning and Indoor Navigation (IPIN) Market Analysis

9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)

10 Europe Indoor Positioning and Indoor Navigation (IPIN) Market Analysis

10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others

11 Asia Pacific Indoor Positioning and Indoor Navigation (IPIN) Market Analysis

11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others

12 Latin America Indoor Positioning and Indoor Navigation (IPIN) Market Analysis

12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others

13 Middle East and Africa Indoor Positioning and Indoor Navigation (IPIN) Market Analysis

13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others

14 Market Dynamics

14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price

15 Competitive Landscape

15.1 Market Structure
15.2 Company Profiles
15.2.1 HERE Global B.V.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Apple Inc.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Alphabet, Inc. (Google)
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Cisco Systems Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Nextome srl
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Verizon Communications Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Navigine Corporation
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Pointr Limited
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Juniper Networks, Inc.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 IndoorAtlas Ltd.
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others

16 Key Trends and Developments in the Market

List of Key Figures and Tables

1. Global Indoor Positioning and Indoor Navigation (IPIN) Market: Key Industry Highlights, 2018 and 2032
2. Global Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Component (USD Billion), 2018-2023
3. Global Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Component (USD Billion), 2024-2032
4. Global Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Technology (USD Billion), 2018-2023
5. Global Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Technology (USD Billion), 2024-2032
6. Global Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by End-Use (USD Billion), 2018-2023
9. Global Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by End-Use (USD Billion), 2024-2032
10. Global Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Indoor Positioning and Indoor Navigation (IPIN) Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Indoor Positioning and Indoor Navigation (IPIN) Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Indoor Positioning and Indoor Navigation (IPIN) Market Structure

Global Indoor Positioning and Indoor Navigation (IPIN) Market Report and Forecast 2024-2032 (2024)
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