Indoor mapping inside hospitals has become an important part of the healthcare industry as it has aided staff, patients and visitors with positioning and navigation.
With hospital buildings getting more expansive and medical treatment on the
rise, indoor positioning and navigation market has generated high demand,
according to a new market intelligence report published by IndustryARC.
According to the report, healthcare industry is a major end user in the market.
The industry has shifted its focus towards the provision of a seamless hospital experience
by adopting indoor positioning apps. The analyst has evaluated the market
growth and anticipated that the market will grow with a CAGR of 27.9% during the
forecast period 2018-2023. With this, the indoor positioning and navigation
market is expected to earn a revenue of $29.27 billion by 2023.
The report is titled
‘Indoor Positioning and Navigation Market: By Technology (Magnetic Positioning,
Simultaneous Localization and Mapping (SLAM), Global Navigation Satellite
System (GNSS), Radio Frequency), By Platform (Android, iOS, Others), By
Application (Navigation & Positioning, Location Based Promotion,
Geo-Fencing, Asset Tracking, Emergency Services, Others), By Verticals
(Aviation, Healthcare, Education, Transportation, Logistics, Automotive,
Advertising, Tourism, Others), By Geography (North America, Europe, Asia
Pacific, South America, Middle East & Africa) – Forecast (2018-2023).’ This
report has been meticulously prepared by an analyst at IndustryARC who has
assessed the market through several parameters including opportunities, market
forces, and other relevant information.
Indoor Positioning and Navigation Market:
Regional Analysis
The indoor positioning
and navigation market is being geographically led by the Americas with an
evaluated revenue of $3,630.6 million in 2018. This revenue is estimated by the
analyst to rise at a burgeoning CAGR of 28.1% through 2023. These statistics
are reflective of the prominence of research, development, and technological
progression occurring in the fields of healthcare, warehousing, logistics,
transportation systems, and others in the Americas. Adoption of indoor
positioning and navigation systems in healthcare industry has been a major
growth driver for the market. They are used for automatic patient check-ins,
tracking of disabled patients, and others.
Indoor Positioning and Navigation Market:
Disruptive Trends
· RTLS
(Real Time Location System)
RTLS is a new technology
developed by AiRISTA LLC which uses signal strengths to determine location of
tagged assets and personnel based on patented technologies. It runs on an
algorithm that provides highly accurate information by using latitude and
longitude data of a particular location.
· Google
Indoor Maps
Alphabet Inc., Google’s
parent company recently launched Google Indoor Maps which provide floor to
floor design and information about different buildings. Another key application
launched by the company is Eddystone that acts as a beacon for low energy using
Bluetooth technology.
Indoor Positioning and Navigation Market:
Competitive Landscape
The growth of the indoor positioning and navigation
market is dependent on a lot of companies that are responsible for the recent
developments in the market. These companies include Aeroscout Industrial,
AiRista LLC, Alphabet Inc, Apple Inc., Cisco Systems Inc., Here Holdings
Corporation, Hewlett Packard Enterprise, Insiteo SAS, Micello Inc., Qualcomm
Technologies Inc., Shopkick, and Zebra Technologies.
Talk to one of our sales representative about the full
report by providing your details in the link below:
https://www.industryarc.com/support.php?id=43
Related
Reports:
A. Vision
Positioning System Market
https://www.industryarc.com/Research/Vision-Positioning-System-Market-Research-503847
What
can you expect from the report?
The
Indoor Positioning and Navigation Market report is prepared with the main
agenda to cover the following 20 points:
1.
Market Size by Product Categories &
Application
11. Demand Analysis (Revenue
&
Volume)
2.
Market trends & Relevant Market
Data
12. Country level
Analysis
3.
Manufacturer
Landscape
13. Competitor
Analysis
4.
Distributor Landscape
14. Market
Shares Analysis
5.
Pricing Analysis
15. Value
Chain Analysis
6.
Top 10 End user Analysis
16. Supply
Chain Analysis
7.
Product Benchmarking
17. Strategic
Analysis
8.
Product Developments
18. Current
& Future Market Landscape
Analysis
9.
Mergers & Acquisition Analysis
19.
Opportunity Analysis
10.
Patent Analysis
20.
Revenue and Volume Analysis
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Asked Questions:
Q.
Does IndustryARC provide customized reports and charge additionally for limited
customization?
Response:
Yes, we can customize the report by extracting data from our database of reports
and annual subscription databases. We can provide the following free
customization:
1.
Increase the level of data in application or end user industry.
2.
Increase the number of countries in geography chapter.
3.
Find out market shares for other smaller companies or companies which are of
interest to you.
4.
Company profiles can be requested based on your interest.
5.
Patent analysis, pricing, product analysis, product benchmarking, value and
supply chain analysis can be requested for a country or end use segment.
Any
other custom requirements can be discussed with our team, drop an e-mail
to [email protected]
to discuss more about our consulting services.
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About IndustryARC: IndustryARC is a research and consulting firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food and Beverages, Information Technology, and Life Sciences and Healthcare.