Asia-Pacific IPIN Market Size, Share and Forecast 2019-2025
Asia-Pacific IPIN market is estimated to grow at an impressive rate of 30.1% during the forecast period. The growth of the market is due to a significant contribution from economies such as China, India, and Japan. China has a significant contribution to the IPIN market since there are significant smartphone users in the region coupled with the wide availability of the internet. The significance of IoT in connecting devices for establishing a connection between other devices has been positively influencing the market growth. Technological advancements in smartphones and rising smartphone users have further augmented the connectivity of objects through IoT in various places such as shopping malls, airports, and other public places.
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Moreover, the growing demand for the IPIN system coupled with cohesive
government initiatives for smart city projects within the emerging economies
will drive the IPIN market in the near future. According to United Parcel
Service (UPS) and the United States’ Consumer Technology Association, in March
2018, the smart cities possess the potential to become a major global
development sector in the Asia Pacific. The region has been backed by advanced
technologies, rapid urbanization and government support, which are essentially
required in the development of smart cities within the region.
Asia-Pacific 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.
A
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Asia-Pacific
IPIN Market Segmentation
·
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)
Regional
Analysis
·
China
·
Japan
·
India
·
Rest of
Asia-Pacific
Company Profiles
·
Apple
Inc.
·
Cisco
Systems Inc.
·
Google
LLC
·
IBM
Corp.
·
Inpixon
·
Link
Labs, Inc.
·
Microsoft
Corp.
·
Motorola
Solutions Inc.
·
Nokia
Corp.
·
Nowon
Technologies Pvt. Ltd.
·
Qualcomm
Technologies Inc.
·
Samsung
Electronics Co. Ltd.
·
Siemens
AG
·
Telefonaktiebolaget
LM Ericsson
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