The global indoor PLAN market is expected to reach $ 28.2 billion by 2024, growing at a Compound Annual Growth Rate (CAGR) of 38.2 percent. Indoor PLAN has attracted the attention of not only consumer giants such as Apple and Google but also self-driving players such as Tesla and Nvidia. This is because the emerging vehicle applications (autonomous driving and connected vehicles) need indoor-PLAN capability. Compared with traditional vehicles, unmanned vehicles face three important problems: PLAN, environmental perception, and decision-making. A vehicle needs to PLAN itself into the surrounding environment before making decisions. Therefore, only by solving the indoor PLAN can fully autonomous driving and location services be achieved.
Moreover, the research report gives detailed data about the major factors influencing the growth of the Indoor Positioning and Indoor Navigation (IPIN) market at the national and local level forecast of the market size, in terms of value, market share by region, and segment, regional market positions, segment and country opportunities for growth, Key company profiles, SWOT, product portfolio and growth strategies.
The Covid-19 pandemic has negatively impacted the Indoor Positioning and Indoor Navigation (IPIN) Market. Major companies have suspended their operations in different locations due to the lockdown and social distancing norms. Post pandemic, the industry expects a lot of requirements and demand owing to the rapid urbanization and growing need for wise use of area present.
COVID-19 (Coronavirus) Global Market Conditions and Competitors: - In this report, analysts compile existing research on COVID-19, share key insights, and help the reader to spot new market opportunities related to the pandemic. Topics include product development pipelines, diagnostic testing approaches, vaccine development programs, regulatory approvals, and much more.
With the development of low-cost miniaturized satellites and Low Earth Orbit (LEO) satellite technologies, using LEO satellites to provide spacebased navigation signal has become feasible. The research paper (Cluzel et al. 2018) uses LEO satellites to enhance the coverage of IoT signals. Also, the paper (Wang et al. 2018) analyzes the navigation signals from LEO satellites. In addition to the space-borne platform, there are airborne and underground PLAN platforms.
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