openPR Logo
Press release

Location of Things (LoT) Market to 2027 – ESRI, Alphabet, HERE Technologies, IBM Corporation, Microsoft, Navizon, Qualcomm Incorporated, Skyhook, Trimble

05-21-2019 10:17 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

Location of Things (LoT) Market

Location of Things (LoT) Market

The global Location of Things (LoT) market valued at US$ 19.10 Bn in 2018 and is expected to grow at a CAGR of 24.5% during the forecast period 2019 – 2027, and reach US$ 128.75 Bn in 2027.

The global Location of Things (LoT) market by application was led by Mapping & Navigation. For the mapping & navigation application, LoT technology empowers businesses to track the exact location of IoT based devices. With the exact location, these businesses can harness good information and thereby draw conclusions for their businesses. The mapping & navigation application could be highly useful in industry verticals such as healthcare, retail, industrial, and transportation & logistics.

The location of things market consists of some well-established players across the globe, which makes significant investments or adopt strategies to deliver highly advanced service to the users. Government funding for research & development, strategic partnerships between service providers, network operators and government bodies are anticipated to enable huge surges in the Location of Things (LoT) market over the forecast period.

Company Profiles
ESRI
Alphabet Inc. (Google)
HERE Technologies
IBM Corporation
Microsoft
Navizon Inc.
Qualcomm Incorporated
Skyhook
Trimble Inc.
Wireless Logic Limited

Market Insights

Location Accuracy is expected to drive new applications for Location of Things (LoT) market in the coming years

Get Sample Copy of this Report at http://bit.ly/2Wm5rym

Amalgamation of different technologies in the system has enabled it to provide the accuracy that can be defined as the precision and latency. The precision needed for locating an object or a person depends upon the applications itself. For instance, some applications such as tracking of large objects might require accuracy within 3-5 meters, whereas for smaller object the accuracy might have a range in centimeters. In addition, the real-time tracking of the objects also depends upon the application of the systems. As the organizations across industry verticals continue to realize their requirements for the real-time localization based upon the particular application, they will thrive for the advancement in the precision, which in response is expected to pave path for new applications for Location of Things (LoT) market.

China leads the Location of Things (LoT) market in Asia Pacific China leads the initial commercialization of location of things, due to the frequent adoption of advanced technology, huge population and strong government support for location of things development in the country. Esri has entered into an agreement with Alibaba Cloud (Alibaba Group). The agreement facilitates both the organizations to provide updated options to the customer’s looking to execute Esri technology on the Alibaba Cloud. The continuous increase in the number of partnership for the LoT service is expected to boost overall adoption and growth.

Exhibit: MEA Location of Things (LoT) Market Revenue to 2027, by Industry Vertical

Strategic Insights
The market for Location of Things is concentrated with large numbers of well-established players as well as emerging players across the globe. The major companies operating in the market includes Google, Inc., IBM Corporation, Microsoft Corporation, ESRI, Qualcomm Technologies, Inc., Here Technologies, Navizon, Inc., Skyhook, Wireless Logic, and Trimble, Inc. are few other players that are investing into the technological innovations for rolling out Location of Things technology in the near future. Few of the recent developments are listed below:

2019: Rivetz and Skyhook Partnered to Deliver Location Service Protections to Rivetz Network. By enabling Skyhook’s advanced location capabilities on the Rivetz Network of cybersecurity tools, Rivetz users can take advantage of location service protection in any signal environment, regardless of GPS availability.

2019: Skyhook Collaborated with Qualcomm Technologies Inc. a subsidiary of Qualcomm Incorporated, to bring Wi-Fi positioning and location-assistance services based on Qualcomm® Snapdragon Wear™ platforms.

2019: Inpixon releases new connector IBM to improve location-based mobile device security.

Inquire Before Buying@ http://bit.ly/2VTz6j9

Global Location of Things (LoT) Market – By Application
Mapping & Navigation
Asset Management
Location Intelligence
Media & Marketing

Global Location of Things (LoT) Market – By Industry Verticals
Retail
Industrial
Transportation & Logistics
Government & Utilities
Defense
Media & Entertainment
Healthcare
Others

Global Location of Things (LoT) Market – By Geography
North AmericaU.S.
Canada
Mexico
EuropeFrance
Germany
Italy
Spain
UK
Rest of Europe

Buy this Report now at http://bit.ly/2QdrGBe

Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Location of Things (LoT) Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Location of Things (LoT) Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:
Call: +1-646-491-9876
Email: sales@theinsightpartners.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Location of Things (LoT) Market to 2027 – ESRI, Alphabet, HERE Technologies, IBM Corporation, Microsoft, Navizon, Qualcomm Incorporated, Skyhook, Trimble here

News-ID: 1748048 • Views: 416

More Releases from The Insight Partners

Supercomputing Market Growth Prospects, Key Vendors, Future Scenario Forecast to …
The analysis of the global Supercomputing Market 2027 is an in-depth study of the Supercomputing industry, which focuses on global market trends. The report aims to provide an overview of the global market for Supercomputing with detailed market segmentation by product / application and by region. The global market for Supercomputing is expected to experience strong Growth over the forecast period. The reports cover key market developments in the Supercomputing as
Mobile Banking Application Market Growth Prospects, Key Vendors, Future Scenario …
The analysis of the global Mobile Banking Application Market 2027 is an in-depth study of the Mobile Banking Application industry, which focuses on global market trends. The report aims to provide an overview of the global market for Mobile Banking Application with detailed market segmentation by product / application and by region. The global market for Mobile Banking Application is expected to experience strong Growth over the forecast period. The reports
Onshore Floating Solar Market Growth Prospects to 2027 – TOP Vendors are Adtec …
According to a new market study entitled "Onshore Floating Solar Market to 2027 - Global Analysis and Forecasts by Deployment Type (On-Premise and Cloud) and Industry Vertical (BFSI, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Travel & Hospitality, IT & Telecommunication, Media & Entertainment, and Others) and Geography, "explains the report, explaining the key drivers of this growth and highlighting key market players and their evolution. The report
Future Innovative Report on Synthetic Graphite Market 2019-2027 by Top Key Playe …
An Synthetic Graphite Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Market by Type, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses

All 5 Releases


More Releases for Location

Paw Patch Pastries' New Location
San Francisco, CA – Paw Patch Pastries and Pet Boutique, the provider of upscale pet treats, custom cakes, and adorable toys, has moved to the fitting “Dog Patch” area of San Francisco. The new location at 701 Pennsylvania Avenue was officially open for business on August 2. This unique boutique is the pawfect spot to pamper your pooch or kitty, offering daily baked goods and sweet treats as well as
Real Time Location Systems Market Magnify Accuracy & High Location Precision
Advanced features such as enhanced quality of care, cost savings, increased efficiency, and asset and workflow management offered by Real Time location Systems (RTLS) are fueling the adoption of RTLS across various industries. RTLS help enterprises to track, identify and manage important assets such as tools, personnel and equipment in real time by putting a badge/tag on them. Badges/tags utilize wireless technologies such as infrared, ultrasound, Wi-Fi, ZigBee and RF
Trebing + Himstedt opening Stuttgart Location
SAP MES expert now with a location in Southern Germany Schwerin, April 9th - Trebing + Himstedt, SAP MES expert for consulting, implementation and licensing of SAP solutions in the production environment, is now even more accessible for Southern Germany with its own location in Stuttgart. In order to better serve its customers in Southern Germany and to react with even greater agility, the SAP consultancy for manufacturing companies has opened
Storopack: New location in India
In Pune, India, Storopack is establishing its own location. This move is part of the company strategy to get a foothold in developing markets. The protective packaging specialist already has renowned national and international clients with subsidiaries in India. „The Indian economy is at a turning point. Market participants need to increase their competitiveness in order to keep pace with the huge development. This includes a professional protective packaging solution,
Health 2.0 Middle East – Personal/Public Health: Location, Location, Location …
Hippocrates, writing circa 400 BC, said that one’s health depends on the air one breathes, the water one drinks, and the environment in which one lives. Place matters in health! An outbreak of cholera in the Soho district of London in 1854 killed 127 residents over 3 days and caused the exodus of nearly three quarters of the population. The father of modern day public health, Anesthesiologist John Snow created
Memmert invests in location Germany
Memmert remains committed to healthy growth on the worldwide market for laboratory equipment. The Schwabach manufacturer of ovens and climate chambers is putting into operation a new punching and bending line with a total investment of 3 million €. According to Spectaris, the German professional association for analysis, biological and laboratory technology, the turnover of German companies in this sector fell by some 8% in the crisis year of 2009