Top Benefits of Indoor Navigation Positioning System in 2022:

Posted by Ubitrack on November 11th, 2021

Building large malls or complexes is quite common these days, and at the same time, more prominent buildings create more significant problems for visitors. For management, it is quite more extensive when compared to visitors as they have to find solutions that can perform well in real-time.

To overcome such daunting situations, an indoor positioning system is what most contemporary buildings incorporate within their structure, making navigation easy for management and visitors.

Today, we will be discussing some of the best benefits of installing an Indoor Navigation positioning system in 2022.

1: Smartphone Technology:

Undoubtedly, it is hard to find someone not using a smartphone in the digital world. The number of people using smart devices is exponentially increasing every day. One of the best benefits of the indoor positioning or navigation system is that visitors can use their smartphones to reach their desired location.

2: Real-time Mapping:

Thanks to artificial intelligence and IoT technology which incorporated the application of real-time mapping within an indoor positioning system. The application of this technology will showcase an approximate time to reach the desired location on the map. Imagine having a small version of an entire asset within your smartphone screen will help people save a lot of time hence can count on sales in large shopping malls.

3: Indoor Positioning System is Growing Rapidly:

According to recent research, an indoor positioning system that used to use a five billion dollar industry in 2016 is growing with any CAGR of 42%, and by the end of 2021, it will be a 40 billion dollar industry. Therefore, the constant growth rate of the industry clearly indicates a bright future for the technology.

4: Improving Management:

In large complexes like resorts or theme parks, finding real-time movable assets can be a daunting task. The indoor wayfinding system adequately helps in resolving this error; hence it is an efficient technology that can improve overall management efficiency.

5: Analytics:

The IPS or Indoor Positioning system can also play a huge role in creating profitable insights for a business. The technology can record the conversations between visitors and management alongside taking invaluable feedback from the visitors, which one can use while planning for the future.

Apart from the above-mentioned benefits, the best benefit of this system is it is quite affordable and versatile as it can work RFID, UWB, Beacons, Bluetooth, and Wi-Fi.