Asia Pacific Indoor Positioning And Indoor Navigation Market Size & Outlook
Asia Pacific indoor positioning and indoor navigation market, 2018-2030 (US$M)
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Asia Pacific indoor positioning and indoor navigation market highlights
- The Asia Pacific indoor positioning and indoor navigation market generated a revenue of USD 6,049.3 million in 2023.
- The market is expected to grow at a CAGR of 38% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 6,049.3 million |
| Market revenue in 2030 | USD 57,773.3 million |
| Growth rate | 38% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software |
| Key market players worldwide | Apple Inc, Cisco Systems Inc, Ekahau, Alphabet Inc Class A, HERE Technologies Chicago, Honeywell International Inc, IndoorAtlas, Mappi International, NavVis, Microsoft Corp, Point Inside, Samsung Electronics Co Ltd, Ubisense, Siemens AG, Zebra Technologies Corp Class A |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 29.7% of the global indoor positioning and indoor navigation market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 57,773.3 million by 2030.
Software was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Asia Pacific indoor positioning and indoor navigation market based on software covering the revenue growth of each sub-segment from 2018 to 2030.
Governments and private entities are investing heavily in infrastructure that supports smart technologies, including indoor positioning and indoor navigation systems, to enhance urban living standards.
These technologies are crucial for managing large public spaces such as airports, shopping malls, and hospitals, where efficient navigation can significantly improve user experience and operational efficiency.
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Indoor Positioning and Indoor Navigation Market Scope
Indoor Positioning and Indoor Navigation Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific indoor positioning and indoor navigation market size, by country, 2018-2030 (US$M)
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