Indoor Positioning and Indoor Navigation Market – Latest Trends And Forecast 2020-2024
The indoor positioning and indoor navigation market size has the potential to grow by USD 15.78 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
Market Competitive Analysis
The IPIN market is fragmented. Several vendors are extending the capabilities of their product and service portfolios to enhance indoor positioning. Alphabet Inc., Apple Inc., and Broadcom Inc. are some of the major market participants. Although the rapid adoption of beacon technology will offer immense growth opportunities, inaccuracy in search and advertising results will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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To help clients improve their market position, this indoor positioning and indoor navigation market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this indoor positioning and indoor navigation market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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