Indoor Positioning and Navigation System Market, by Component (Hardware, Software), by Technology (UWB,Bluetooth Low Energy, RFID, Cellular, WLAN) by Platform (Anroid Based, iOS Based), Forecast to 2032

Indoor positioning and navigation (IPN) system is becoming a major segment of position-awareness technology. MRFR reports that the indoor positioning and navigation system market value will surpass USD 92.36 Billion by the year 2030.

• Google


• Inpixon


• Hewlett Packard Enterprise Development LP


• Juniper Networks, Inc.


• HID Global Corporation


• Microsoft


• Apple Inc.


• Cisco


• ACUITY BRANDS LIGHTING, INC.


• CenTrak


• Sonitor Technologies


• UBISENSE


• Infsoft GmbH


• HERE Technologies


• IndoorAtlas Ltd.


• STANLEY Healthcare


• Midmark Corporation


• Quuppa


• AiRISTA Flow, Inc.


• InnerSpace


• Esri


• Sparkyo Technology Pvt. Ltd

All these prominent key players play a major role in the dynamics and growth of the IPN market. Companies opt for many techniques to widen their customer base. These techniques mainly include new production processes, collaborations, joint ventures, establishments, mergers, acquisitions, etc. All these strategies are opted to get the needs of customers and develop a strong potential growth base. 

Cisco acquired privately held monitoring Greece company Code BGP in August 2023. Cisco ThousandEyes could increase its BGP monitoring capabilities and have a global authoritative view of Internet Health by leveraging some of the best BGP minds from Code BGP.

According to Mapsted’s June 2023 blog, indoor mapping in hospitals can help management move around faster and streamline patient care. The aim of IoT in the healthcare industry is to improve the overall healthcare experience through means such as indoor mapping & wayfinding for hospitals.

Apple officially announced its Apple Business Connect platform in January 2023. A new feature has been added to Apple Maps. Apple Business Connect: Key information like business hours and location, photos, logos, special offers or promotions etc., will now be editable by business owners on the platform.

Inpixon entered into a distribution agreement with Schauenburg Systems, which is an OEM for mine safety systems and equipment, to sell Inpizon's real-time location technologies to mining companies in South Africa in March 2023. The parties under the deal are expecting sales volumes that include hundreds of thousands of nanoLOC chips together with other core technologies provided by Inpixon for real-time tracking, collision avoidance and proximity applications within the mining sector.

Phunware’s Multiscreen-as-a-Service (MaaS) Location-based Services (LBS) app was launched on Cisco Meraki’s Meraki Marketplace back in February 2022. Phunware is a mobile-first, fully integrated enterprise cloud platform that offers world-leading products, solutions, data and services to global organizations across industries.

Google and Apple announced their collaboration in April 2022, where they would leverage Bluetooth technology to support governments’ efforts along with health providers' fight against the COVID-19 pandemic. This opened up possibilities for a wider Bluetooth-based contact tracing platform.

The CXApp was bought by Inpixon along with its outstanding capital stock because it was one of the most popular SaaS app platforms in May 2022. The CXApp allows businesses to deploy a custom-branded, location-aware employee app that enhances the workplace experience and is used for hosting virtual & hybrid events. The transaction would result in increased revenues and profitability.

• Given below are some recent developments seen in the indoor positioning and navigation system market-Advancements are made in the investments which are continued due to the rising Technology, improved services, quality, and functionality.


• Moreover, developments are made in the wireless connection systems and the availability of powerful sensors. This has allowed various development of more effective IPN systems.


• Advancements were made in the methodology to conduct in-depth studies of historical and current market trends.

• Market overview


• Covid 19 analysis


• Market dynamics


• Value chain analysis


• Market segmentation


• Regional analysis


• Competitive landscape


• Recent developments


• Intended audience

In the global IPN market research report, there are major factors that drive the growth of the market. The report consists of opportunities that may further in the future and hands the global market of IPN. Various factors restrain the growth of IPN and hamper the development of such a fine-based market. The research report also consists of various analyses based on Covid 19 impact market dynamics, different segmentations, regional analysis, and the IPN market. The CAGR and future value are also discussed and mentioned in this research report. With that being said, Indoor positioning and navigation (IPN) system is becoming a major segment of position-awareness technology. MRFR reports that the indoor positioning and navigation system market value will surpass USD 24 Bn by the year 2023.

• Tourism industry


• Telecommunications


• Shopping Centers


• Airports and Railway Stations


• Marketers and consumers


• Proximity device manufacturers


• Public safety agencies


• Smartphone companies