Indoor Positioning and Navigation System Market Research Report- Forecast 2023

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 2023

ID: MRFR/ICT/1243-CR | October 2018 | Region: Global | 110 pages

Market Snapshot


Indoor positioning and navigation (IPN) system is becoming a major segment of position-awareness technology. MRFR reports that the global IPN system market value will surpass USD 24 Bn by the year 2023. It is safe to say that position-awareness system has well and truly arrived, they are viewed as an important and a must-have feature in communication devices. However, unlike GPS, IPN is a complex position awareness system. IPN has garnered tremendous commercial interest, which has reflected favorably on its global market. Investments have continued to rise in IPN technology R&D, inevitably improving the service quality and functionality. IPN is expected to witness a fast adoption in the coming years, owing to its various advantages. Such technologies can greatly benefit mega-size manufacturing facilities, warehouses, massive buildings. Moreover, the availability of powerful sensors and wireless connection systems has allowed development of more effective IPN systems.


Report Synopsis


This MRFR report offers an all-round analysis of the global market for indoor positioning and navigation system. The primary objective of the report is to deliver a five-year (2018-2023) market forecast. All the important parameters governing the IPN technology trends have been consider for making market opinions.  The report includes a comprehensive discussion on different IPN technologies currently available, which covers Wi-Fi, UWB, Bluetooth Low Energy (BLE), Cellular based, RFID and Lo-Ra. Revenue analysis based on major IPN components (hardware and software) is also available in the report. Operating platforms mentioned in the report include android based, and iOS among others.


Report Coverage


Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country-level analysis for each market segment, key player’s market share analysis and market factor analysis which covers supply chain and Porter’s five forces analysis of the market.


Companies Covered


Septentrio N.V.,Trimble Inc., NovAtel Inc., Insoft GmbH, Telit Communications PLC, Senion AB, Tersus GNSS Inc., Galileo Satelite Navigation Ltd., Zebra Technologies Corporation.


Research Methodology


Market Research Future (MRFR) employs its multi-layer analysis module for deliverance of rich quality market insights. A comprehensive research methodology is utilized to conduct in-depth study of historical and current market trends, latest developments, growth opportunities, consumer landscape and challenges. The combination of primary and secondary sources aids in forming a strong foundation for qualitative and quantitative assessment of macro-economic indicators and governing factors of the market. Primary data is collected by conducting detailed surveys and first-hand interviews with the key opinion makers across the value chain. Verification of primary data is carried out through inputs from SEC filings, white paper references, research publications, paid databases and other credible sources available in public domain. Additionally, top-down and bottom-up approaches are leveraged to extrapolate research findings and strong data triangulation technique is employed for the verification of extrapolated data.    


Other Description



  • Market Denomination- USD Bn

  • Base Year- 2017

  • Forecast Period- From 2018 to 2023


For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for indoor positioning and navigation system  


By Technology



  • UWB

  • Wi-Fi

  • Bluetooth Low Energy (BLE)

  • RFID

  • Cellular based

  • Lo-Ra


By Component



  • Hardware

    • Sensors

    • Cameras

    • RFID tags

    • Networking devices



  • Software/Apps


By Platform



  • Android based

  • iOS based

  • Others


By Region



  • North America

  • Europe

  • Asia Pacific

  • The Middle East & Africa (MEA)

  • Latin America


Intended Audience



  • Tourism industry

  • Telecommunications

  • Shopping Centers

  • Airports and Railway Stations

  • Marketers and consumers

  • Proximity device manufacturers

  • Public safety agencies

  • Smartphone companies



Frequently Asked Questions (FAQ) :


The rate that the market is anticipated to achieve in the coming years is 30.50%.

By the year 2023, the market can achieve a valuation of USD 24 bn.

All the players in the market identified in the report are Insoft GmbH, Senion AB, Septentrio N.V., Telit Communications PLC, Zebra Technologies Corporation, NovAtel Inc., Galileo Satelite Navigation Ltd., Trimble Inc., Tersus GNSS Inc., and others.

UWB, Wi-Fi, Bluetooth Low Energy (BLE), RFID, Cellular based, Lo-Ra and others are the technology-based market segments.

The types of platforms have been listed in the report are Android based, iOS based and others.

The global market for indoor positioning and navigation system has been divided into technology, component, and software/apps.

The iOS segment can record the highest growth rate in the global market.

The global indoor positioning and navigation system market is forecasted to grow at a highly promising CAGR of 30.5% during the forecast period from 2018 to 2023. Indoor positioning and navigation system (IPN) is primarily a network of devices used for locating objects or people in enclosed spaces such as inside buildings. IPN is a vital technology as it helps in improving the accuracy of wireless internet connections and a number of other wireless technologies. The need for IPN is amplified by the fact that despite extensive use and advantages of GPS, it has a low availability in indoor environments thus needing to work in tandem with IPN to improve the availability of wireless connectivity. The global IPN market was valued at USD 5.21 Bn in 2017 and is expected to witness rapid appreciation to reach an estimated value of USD 24.99 Bn by the end of 2023.


The indoor positioning and navigation system market is highly dynamic due to its ongoing and swift evolution which is increasingly being used in innovative applications, services, and solutions for a number of industry verticals. Indoor navigation is extensively being used as a vital element of multi-modal door to door journeys with a specific focus on transfers between public transport vehicles in complex station buildings. IPN has been recognized as a dynamic element in seamless mobility planning and travel guidance in large metropolitan cities. The demand for indoor location services has grown drastically due to the high global sales of smartphones. Mobile communications have developed at a rapid pace, and the increasing prevalence of computing technology with the advancements of cloud technology has increased the need for location-aware services. Wi-Fi receiving signal strength is expected to develop considerably in the indoor positioning systems market as IPN systems have a wide coverage area and superior infrastructure. Privacy measures have been taken by players in their service offerings, thus bolstering the market and encouraging growth.


Presently there is high interest in indoor positioning systems from the scientific community and market players looking to secure top positions in the market. However, the lack of standards for indoor positioning systems and the lack of awareness among people about the benefits of this technology has made them reluctant to accept change, thus hampering market growth. However, the market which is still in its nascent stages is expected to witness several opportunities in the coming years. Indoor visual positioning with augmented reality and the potential of integration of artificial intelligence with indoor positioning services will likely yield market growth opportunities in the foreseeable future.


The global indoor positioning and navigation system market is segmented in the report on the basis of technology, component, platform, and region. By technology, the market is segmented into ultra-wideband (UWB), Wi-Fi, Bluetooth Low Energy (BLE), RFID, cellular based, and long-range wide area network (LoRaWAN). The UWB segment accounts for the largest share of the market and is expected to retain its position over the forecast period. Meanwhile, the RFID segment is expected to witness the highest growth at a CAGR of 33.3% during the assessment period.


Component segments included in the global indoor positioning and navigation system market are hardware and software. The hardware segment is sub-segmented into sensors, cameras, RFID tags, and networking devices. The hardware segment accounted for a market value of USD 3.57 Bn in 2017 and is projected to register the highest CAGR of 31.1% during the review period.


Platforms, where the technology is expected to be used, include android based, iOS-based, and others. The Android-based platform dominates the global indoor positioning and navigation system with a market share of 45%. Meanwhile, the iOS-based platform is expected to witness the highest CAGR over the assessment period. 


Regional Analysis


North America is expected to grow at a CAGR of 28.3% during the forecast period. The region has a concentration of market players and a high affinity for the adoption of advanced technology. Europe follows the North American market and has a similar growth trajectory over the forecast period. Valued at USD 1.44 Bn, the European market will grow to reach USD 6.39 Bn by the end of 2023. The Asia Pacific will likely grow at the highest CAGR of 34% during the assessment period due to the regions rapidly changing economic scenario, and the demand for advancements equal to those in the West are likely to promote the APAC market. The Rest of the World is also likely to witness high growth during the forecast period due to the potential it represents.


Competitive Tracking


Prominent players profiled in the report for their successful growth strategies include Insoft GmbH, Tersus GNSS Inc., Telit Communications PLC, Septentrio N.V., Galileo Satelite Navigation Ltd., Senion AB, Zebra Technologies Corporation, Trimble Inc., and NovAtel Inc. Innovation in existing technology, competitive pricing, and other strategies are commonly implemented by these market players to increase their respective market shares.