The European IPIN market is estimated to grow at an impressive rate of 27.5% during the forecast period. Major economies that are analyzed in the European IPIN market include UK, Germany, Italy, Spain, France, and the Rest of Europe. Increasing the implementation of connected intelligent urban mobility, ubiquitous geolocation technologies, the emergence of new positioning technologies and multi-sensor positioning systems, and location-based marketing and advertising are the factors playing a pivotal role in the market growth in the region. The utilization of IPIN systems in retail has gained significant prominence in the last few years with multiple retailers implementing IPIN in their stores to bring improved customer experience and much more.
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The European 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. Based on 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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European 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)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
