France IPIN market is estimated to grow at an impressive rate of 27.4% during the forecast period to reach $561 million in 2025 from $95 million in 2018. The internet penetration rate in this region is one of the major factors in the growth of the regional IPIN market during the forecast period. According to the World Bank, in 2017, around 80.50 per 100 individuals were using the internet in France. The internet will connect more machines and objects. Devices equipped with Near Field Communication (NFC) technology are becoming more and more common in France. Present and anticipated applications include contactless transactions, data exchange and simplified set up of more complex communications such as Wi-Fi.
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France 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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France 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.)