Market Overview:
The global IPIN market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for IPIN solutions across different industries, such as retail, healthcare, manufacturing, and others. The hardware segment is expected to hold the largest share of the global IPIN market in 2018. However, the software segment is projected to grow at a higher CAGR during the forecast period from 2018 to 2030.
Product Definition:
IPIN is an acronym for "Indian Postal PIN". It is a unique nine digit code assigned to each Indian postal address. The code is used by the Indian postal system to track and manage mail delivery.
Hardware:
Hardware is the part of networking and consists of devices such as modems, routers, switches, printers etc. that are used to connect computers over a network. Hardware has been witnessing tremendous growth in recent years owing to the rapid adoption of technology coupled with increasing demand for bandwidth and enhanced performance from end-users which has led to an increase in sales volume for hardware worldwide.
Software:
Software is the collection of tools and techniques that are used to create, modify or destroy information. In today’s world, software is used in almost every field such as education, business &commerce, government activities and many more. Software helps in carrying out various functions such as data processing & analysis; creation of new records; update existing record; retrieval of lost information etc.
Software also plays an important role in maintaining the records which are related to companies or organizations.
Application Insights:
The retail segment dominated the global market in 2017. The growth can be attributed to the increasing penetration of smartphones, which has created a need for payment gateways and other services at retail stores. IPN is widely used by e-commerce companies to facilitate secure transactions with their suppliers and customers. IPN enables online retailers to process payments through various methods such as credit cards, direct bank transfers, ACH transfer from banks or financial institutions, etc. Moreover, it also provides fraud prevention services that help protect both buyers and sellers from identity theft or frauds during transaction processing. As a result of these factors; the retail segment accounted for more than 50% share of total revenue in 2017 across all applications globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing number of service providers and software developers in this region. Moreover, Asia Pacific has been witnessing a significant increase in R&D activities by various companies for developing new products and applications that can harness the power of Internet Protocols (IP). This is also likely to drive regional market growth over the next eight years.
North America held a substantial share in 2016 owing to early adoption of technologies such as wireless sensor networks, mobile computing, cloud computing, big data analytics among others. These technologies have significantly impacted business operations leading to improved productivity at workplace and enhanced experience for customers resulting into increased demand from end users across several industries including healthcare & life sciences; manufacturing; retail & e-commerce; transportation & logistics among others which are anticipated would fuel regional market growth during the forecast period 8 years from 2018’to 2030 (estimated).
Growth Factors:
- Increasing demand for IPINs from the BFSI sector due to the increasing adoption of digital payments and mobile banking.
- The increasing demand for IPINs from the e-commerce sector due to the increase in online shopping and payment transactions.
- The growing demand for IPINs from government organizations and public sector undertakings (PSUs) due to the increased focus on digitization of services by these entities.
- The rising number of cyber attacks and data breaches, which is driving organizations towards adopting more secure authentication mechanisms such as IPINs.
- Growing awareness about the benefits of using IPINs among consumers, which is resulting in an increase in their adoption across different sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
IPIN Market Research Report
By Type
Hardware, Software, Service
By Application
Retail, Healthcare, Manufacturing, Others
By Companies
Apple, Beaconinside, Ericsson, Gipstech, Google, HERE, HPE, Mazemap, Micello, Microsoft, Nextome, Pinmicro, Pointr, Spreo, Zebra
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global IPIN Market Report Segments:
The global IPIN market is segmented on the basis of:
Types
Hardware, Software, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Healthcare, Manufacturing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apple
- Beaconinside
- Ericsson
- Gipstech
- Google
- HERE
- HPE
- Mazemap
- Micello
- Microsoft
- Nextome
- Pinmicro
- Pointr
- Spreo
- Zebra
Highlights of The IPIN Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Service
- By Application:
- Retail
- Healthcare
- Manufacturing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IPIN Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Some of the key players operating in the ipin market are Apple, Beaconinside, Ericsson, Gipstech, Google, HERE, HPE, Mazemap, Micello, Microsoft, Nextome, Pinmicro, Pointr, Spreo, Zebra.
The ipin market is expected to grow at a compound annual growth rate of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IPIN Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IPIN Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IPIN Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IPIN Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IPIN Market Size & Forecast, 2018-2028
4.5.1 IPIN Market Size and Y-o-Y Growth
4.5.2 IPIN Market Absolute $ Opportunity
Chapter 5 Global IPIN Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IPIN Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IPIN Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IPIN Market Size Forecast by Applications
6.2.1 Retail
6.2.2 Healthcare
6.2.3 Manufacturing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IPIN Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IPIN Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IPIN Analysis and Forecast
9.1 Introduction
9.2 North America IPIN Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IPIN Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IPIN Market Size Forecast by Applications
9.10.1 Retail
9.10.2 Healthcare
9.10.3 Manufacturing
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IPIN Analysis and Forecast
10.1 Introduction
10.2 Europe IPIN Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IPIN Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IPIN Market Size Forecast by Applications
10.10.1 Retail
10.10.2 Healthcare
10.10.3 Manufacturing
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IPIN Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IPIN Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IPIN Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IPIN Market Size Forecast by Applications
11.10.1 Retail
11.10.2 Healthcare
11.10.3 Manufacturing
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IPIN Analysis and Forecast
12.1 Introduction
12.2 Latin America IPIN Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IPIN Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IPIN Market Size Forecast by Applications
12.10.1 Retail
12.10.2 Healthcare
12.10.3 Manufacturing
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IPIN Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IPIN Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IPIN Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IPIN Market Size Forecast by Applications
13.10.1 Retail
13.10.2 Healthcare
13.10.3 Manufacturing
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IPIN Market: Competitive Dashboard
14.2 Global IPIN Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Beaconinside
14.3.3 Ericsson
14.3.4 Gipstech
14.3.5 Google
14.3.6 HERE
14.3.7 HPE
14.3.8 Mazemap
14.3.9 Micello
14.3.10 Microsoft
14.3.11 Nextome
14.3.12 Pinmicro
14.3.13 Pointr
14.3.14 Spreo
14.3.15 Zebra
