The US IPIN market is anticipated to grow impressively at a CAGR of 28.7% during the forecast period. The US has made a significant contribution to the growth of the IPIN market across the globe. The availability of advanced connectivity wireless technology and indoor technologies across retail, healthcare, airports, and energy & utilities among other sectors are the major factors to drive the growth of the IPIN market in the US. Furthermore, the high penetration rate of smart wearables, smartphones, and other smart devices offer ease to the IPIN system integrators to set-up their systems. According to the Consumer Technology Association, in 2018, smartphone penetration had hit 87% of homes in the US.

The US 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.

The major players of the US IPIN market include Apple, Inc., Google LLC, IBM Corp., Telefonaktiebolaget LM Ericsson, and Microsoft Corp. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players. For instance, in April 2019, Google LLC launched a new mobile application as 'WifiRttScan'. The applications are for developers, vendors, universities, and other users for research and test the indoor location mapping features within Android P. Earlier to this, the mobile application was only compatible with Pixel smartphones. 

Furthermore, in July 2019, Inpixon, an indoor positioning, and data analytics company, announced to acquire Jibestream Inc., a provider of indoor mapping and location technology company.  The acquisition aims to increase the global presence of the company. Moreover, in March 2019, Esri’s ArcGIS Indoors acquired Austria-based IPS startup Indoor Positioning System for Enterprises to advance their capabilities in indoor mapping.

Research Methodology

The market study of the US IPIN market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.

Secondary Sources Include:

• Financial reports of companies involved in the market
• Whitepapers, research-papers, and news blogs
• Company websites and their product catalog

The report is intended for IPIN service providers, BFSI sector, IT & telecom sector, retail sector, healthcare sector, educational facilities, market research firms, and government organizations, for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation:

1. US IPIN Market Research and Analysis by Type
2. US IPIN Market Research and Analysis by Technology
3. US IPIN Market Research and Analysis by Application

The Report covers:

• Comprehensive research methodology of the US IPIN market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the US IPIN market.
• Insights about market determinants which are stimulating the US IPIN market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.