European indoor navigations & maps market was valued around $283 million in 2018, which is further estimated to reach nearly $2.0 billion in 2025 at a CAGR of 30.4% during the forecast period. Major economies that are analyzed in the European indoor navigations & maps 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 indoor navigations & maps systems in retail has gained significant prominence in the last few years with multiple retailers implementing indoor navigations & maps in their stores to bring improved customer experience and much more.
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European indoor navigations & maps market is segmented on the basis of technology and application. 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 indoor navigations & map systems is estimated to have a major market share at the highest CAGR due to the significant adoption of the beacon technology in indoor navigations & map 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 Indoor Navigations & Maps Market Segmentation
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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