The US IPIN market is anticipated to grow impressively at a CAGR of 28.7% during the forecast period. The US has made a significant contribution to the growth of the IPIN market across the globe. The availability of advanced connectivity wireless technology and indoor technologies across retail, healthcare, airports, and energy & utilities among other sectors are the major factors to drive the growth of the IPIN market in the US. Furthermore, the high penetration rate of smart wearables, smartphones, and other smart devices offer ease to the IPIN system integrators to set-up their systems. According to the Consumer Technology Association, in 2018, smartphone penetration had hit 87% of homes in the US.
The US IPIN market is segmented on the basis of product, type, and application. Based on the type, the market is bifurcated into indoor location-based analytics and indoor navigations & maps. On the basis of technology, the market is further segmented into Bluetooth, Wi-Fi, Ultra-Wideband Technology, and Others. During the forecast period, the market of Bluetooth in IPIN systems is estimated to have a major market share at the highest CAGR due to the significant adoption of the beacon technology in IPIN systems. Further, on the basis of application, the market is segmented into healthcare retail, manufacturing, energy and utilities, and others.
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US IPIN Market Segmentation
By Type
- Indoor Navigation & Maps
- Indoor Analytics
By Technology
- Bluetooth
- Wi-Fi
- Ultra-Wideband Technology
- Others (Magnetic Positioning)
By Application
- Healthcare
- Retail
- Manufacturing
- Energy and Utilities
- Others (Transportation)
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Company Profiles
- Apple Inc.
- Cisco Systems Inc.
- Google LLC
- IBM Corp.
- Insiteo SAS
- Microsoft Corp.
- Motorola Solutions Inc.
- Nokia Corp.
- Qualcomm Technologies Inc.
- Samsung Electronics Co. Ltd.
- Siemens AG
- Spirent Communications PLC
- SPREO.CO
- STMicroelectronics International N.V.
- Telefonaktiebolaget LM Ericsson
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