Press release
Location of Things (LoT) Market Is Thriving Worldwide expected to Witness Significant Growth between 2019 to 2025- Bosch Software Innovations, Navizon, TruePosition, Wireless Logic, Trimble, Google
With growing competition amongst business of various industry verticals, the recent focus by businesses has witnessed a paradigm shift from product based marketing to service-based marketing. In a bid to attract more customers, businesses have focused on enhancing customer experience. Location of things technology aids a user in real-time monitoring of data to understand a customer's behavior and preferences. LoT is a an evolving sub-category of Internet of Things where all connected devices communicate their geographic location and thereby allow organizations as well as service providers to gather a broad range of data over the network.The Location of Things (LoT) Market report is a complete overview of the market, covering various aspects product definition, segmentation based on various parameters, and the prevailing vendor landscape. The statistics are represented in graphical format for a clear understanding on facts and figures. The readers will find this report very helpful in understanding the Location of Things (LoT) Market in depth.
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Some of the key players influencing the market are Bosch Software Innovations GmbH, Navizon, Inc., TruePosition, Inc., Wireless Logic, and Trimble, Inc.. Also, Google, Inc., IBM Corporation, Microsoft Corporation, ESRI, and Qualcomm Technologies, Inc.
Key Benefits-
To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global
To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Exponential consumptions of smart devices & associated network services by consumers, consistent rise in the demands for enhanced customer experience due to growing competition in provisioning differentiated services are some of the factors that are anticipated to drive high paced growth of this market during the forecast period. However, factors such as complexities in networking services as well as growing concerns on security and privacy hinder the growth in the coming few years. Nevertheless, rapid advancements in the real-time location based technology is touted to lay huge opportunity platform for the players in this market.
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Location of Things Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years.
Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
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 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 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.
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Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com
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.
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