The indoor positioning and navigation systems assist the people with directions and for mapping the locations at the site. The mobile based system is equipped with wifi, Bluetooth, GPS and other such wireless technologies that will be used to communicate for navigation and positioning applications. There is high scope for the growth of Indoor Positioning and Navigation Market in corporate locations and other buildings.
Scope and Regional Forecast of the Indoor Positioning and Navigation Market:
According to the IndustryARC research analysis studies on the Indoor Positioning and Navigation Market, wifi positioning and GPS are the two highly used technologies for indoor positioning. Government and corporations are the major end users of this market in future.
North America is the leading region for the Indoor Positioning and Navigation Market closely followed by Europe. This region invests high capital for indoor mapping and positioning and its application. Logistics, warehouses and industries are the major end users in industrial sector according to IndustryARC analysis in the upcoming years.
Asia Pacific is a high potential region for the Indoor Positioning and Navigation Market due to the presence of emerging economies such as China, India and Japan etc. there is huge scope for application of these systems in industries in this region.
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Segmentation and Key Players of the Indoor Positioning and Navigation Market:
The Indoor Positioning and Navigation Market is segmented into various categories in the IndustryARC marketing research report by system type, by application, by vertical and by geography as follows:
By system type: Satellite Based (GPS, GLONASS, Galileo and A-GPS), Hybrid (Differential GPS (DGPS), Wide Area Augmentation System (WAAS), Nationwide Differential GPS (NDGPS), Continuously Operating Reference Stations (CORS) and Online Positioning User Service (OPUS)), Network Based (Wi-Fi, RFID, Bluetooth and Ultra Wide Band) and Sensors
By application: Navigation, Positioning, Location Based Promotions, Geo-fencing, Asset Tracking and Emergency Services
By vertical: Aviation, Advertising, Healthcare, Education, Logistics, Government and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Indoor Positioning and Navigation Market according to the IndustryARC research report are as follows:
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The Indoor Positioning and Navigation Market is a rapidly growing market with high use of wifi positioning system and indoor positioning technologies for indoor localization application of huge site or a building. This market is poised to witness high growth owing to high investment for GPS indoor track, indoor maps and indoor positioning technology for indoor navigation, growing adoption of indoor positioning system and spreading awareness about internal positioning system in various regions across the globe in the upcoming years.
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