North American indoor navigations & maps market was valued at around $387 million in 2018, which is further estimated to reach nearly $2.1 billion in 2025 at a CAGR of 25.7% during the forecast period. The US and Canada are the major economies of North America. The region has well-developed ICT infrastructure and has witnessed huge adoption of a large number of connected devices. The presence of major players in North America, which include IBM Corp., Google LLC, Apple Inc., and Microsoft Corp. further gives a boost to the growth of the market in the region. Moreover, high internet penetration is one of the factors that is augmenting market growth in North America. According to the ITU database in 2018, around 69.6 individuals using the internet per 100 inhabitants in North America encourage the adoption of connected devices in the region, which in turn, spur the growth of the market.
North American 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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North American 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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Regional Analysis
- US
- Canada
Company Profiles
- Apple Inc.
- Braodcom Inc.
- Cisco Systems Inc.
- ESRI
- Google LLC
- IBM Corp.
- Inpixon
- Link Labs, Inc.
- Microsoft Corp.
- Motorola Solutions Inc.
- Nokia Corp.
- Qualcomm Technologies Inc.
- Samsung Electronics Co. Ltd.
- Siemens AG
- CO
- Telefonaktiebolaget LM Ericsson
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