The Location of Things Market is poised to reach approximately US$ 242.943 billion by 2029, exhibiting an impressive CAGR of 37.20% during the forecast period.

21.09.2023: Location of Things Market Report Scope and Research Methodology

Location of Things technology empowers organizations and service providers to collect a wide range of data across networks, embedded into various connected devices. It encompasses the capability of these devices to sense and communicate geographic positions. The global Location of Things Market is poised for rapid growth due to multiple factors driving demand in the industry.

The Location of Things is set to revolutionize interactions between consumers and businesses, enabling governments to provide more efficient services while reducing costs. For example, by incorporating location data into a model, citizens can easily access information about the nearest leisure facilities, schools, GP surgeries, or parking locations.

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What are Location of Things Market Dynamics?

Drivers: The Location of Things Market is driven by factors such as the increasing adoption of location-based applications across various industries, the growing significance of spatial data, the democratization of geospatial data for IoT applications, and more, contributing to global market growth.

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What is Location of Things Market Segmentation?

Among the application segments, Mapping and Navigation applications are expected to dominate the market during the forecast period. The availability of various applications, including Google Maps, HERE Maps, and Apple Maps, contributes to this segment's growth.

When considering location types, the indoor location segment is likely to witness a higher CAGR during the forecast period. Indoor location technology provides real-time data for visitor behavior analysis.

In terms of verticals, the transportation and logistics sector is expected to hold a substantial market share due to the development of connected car technologies and logistics solutions. The retail segment is anticipated to achieve the highest CAGR during the forecast period as location-based technology is integrated into retail operations for improved product distribution, cost reduction, and enhanced customer relationships.

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Who are Location of Things Market Key Players?

1. ESRI
2. Wireless Logic
3. HERE
4. TruePosition, Inc.
5. Navizon, Inc.
6. Bosch Software Innovations GMBH
7. Pitney Bowes, Inc.
8. TIBCO Software
9. Trimble, Inc.
10. Qualcomm Technologies, Inc.
11. Ubisense Group PLC.
12. Google, Inc.
13. IBM Corporation
14. Microsoft Corporation
15. Telogis

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Table of content for the Location of Things Market includes:

Part 01: Executive Summary

Part 02: Scope of the Location of Things Market Report

Part 03: Global Location of Things Market Landscape

Part 04: Global Location of Things Market Sizing

Part 05: Global Location of Things Market Segmentation by Type

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

Regional Insights:

The Asia-Pacific (APAC) region is expected to experience the highest CAGR, while North America is poised to dominate the market during the forecast period. North America stands out as a technologically advanced region with strong solution providers and robust internet infrastructure.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)

Past Pricing and price curve by region (2018 to 2022)

Market Size, Share, Size & Forecast by different segment | 2023-2029

Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region

Market Segmentation - A detailed analysis by Product

Competitive Landscape - Profiles of selected key players by region from a strategic

perspective

Competitive landscape - Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER's analysis

Value chain and supply chain analysis

Legal Aspects of business by region

Lucrative business opportunities with SWOT analysis

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