Germany IPIN market is estimated to grow at an impressive rate of 28.4% during the forecast period to reach $783 million in 2025 from $126 million in 2018. In Germany, the expansion of wireless communication technologies and extensive utilization of wireless networks is booming and made location-aware applications possible. Various end-use industries in Germany are inclined toward indoor positioning and navigating technologies to improve customer experience and much more. Moreover, increased adoption of beacon technology is also expected to drive the market growth within the country.
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The German carrier tested the beacons at Munich Airport. iBeacon technology is directly attached to the infrastructure of the airport, which made the incorporation straightforward and dynamic. These efforts in Munich will encourage others in the travel industry to implement location-aware technologies. Moreover, in general, all global handset, chipset, and device manufacturers have a significant presence in Germany (Mediatek, Apple, Intel, Qualcomm, Samsung, Google, and Broadcom, among many more) together with service providers and software developers (Germany and Non-Germany held) are widely represented across the value chain.
Germany 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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Germany 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.)
