Press release
Location of Things (LoT) Market is Thriving Worldwide with Leading Players: Esri, Navizon, Skyhook, Microsoft
Location of Things (LoT) Market Outlook By 2027
The global Location of Things market on the basis of Application is categorized into mapping & navigation, asset management, location intelligence, and media & marketing. All the industry sectors use the location based software tools for various purposes. The basic purpose behind using these tools is to organize the data obtained over the internet and put it to meaningful use. Abundant data is available through numerous data points, and the emergence of IoT has just propelled the data explosions. The numerous applications for using location based services are broadly categorized in our study for LoT market.
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The combination of IoT and General Positioning System (GPS) would change the movement of people, and goods in a huge way. Amongst the consumers today, the familiarity with the GPS technology is quite good, however the knowledge of the technology is comparatively limited. When the GPS technology is combined with the powerful IoT technology, large untapped potential values can be harnessed. Within the LoT, IoT would collect volumes of data from the devices whereas the GPS would be used in tracking the location of these as well as other devices.
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.
Competitive Landscape: Location of Things (LoT) Market
•Esri
•Alphabet Inc
•HERE Technologies
•IBM
•Microsoft
•Navizon Inc.
•Qualcomm
•Skyhook
•Trimble
•Wireless Logic
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The Asia Pacific is expected to be the fastest growing region in the growth of location of things technology. Pertaining to the presence of massive and tech-savvy population, the penetration of smartphones is rising in the Asian market. Also, the huge mass of the region plays a crucial role in accelerating retail and logistics industry in which location-based data/services holds a significant position.
Chapter Details of Location of Things (LoT) Market:
Part 01: Executive Summary
Part 02: Scope of The Report
Part 03: Location of Things (LoT) Market Landscape
Part 04: Location of Things (LoT) Market Sizing
Part 05: Location of Things (LoT) Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Location of Things (LoT) Market
• Key market trends cracking up the growth of the Location of Things (LoT) Market
• Challenges to market growth.
• Key vendors of Location of Things (LoT) Market
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Location of Things (LoT) Market
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major region
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Email: sales@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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