openPR Logo
Press release

Location of Things Market Growth to be Driven by Technological Advancements 2025

01-29-2018 09:50 AM CET | IT, New Media & Software

Press release from: TMR Research

Location of Things Market Growth to be Driven by Technological

Global Location of Things Market: Overview

Internet of Things, a.k.a. IoT, which is disrupting various industries, has an emerging subcategory called the Location of Things. Location is an important component of IoT which entails, among other things, ability of objects to comprehend and communicate their physical positions. Hence, it has an important role to play for anything connected to the internet.

In today’s hyper connected world where the internet has become ubiquitous, there is a mind boggling amount of data generated every minute. To distil relevant bits filters are required. Location is one such filter that can be applied.

Global Location of Things Market: Key Trends

Location data is swiftly proving to be another data point for input into data analysis. They can be useful in optimizing routes, providing feedback on when a machine is down, lessening theft and loss of assets through reliable tracking and alerts, promoting customer engagement and loyalty by sending push messages on their smartphones when they are in the vicinity, etc. On account of so many location-based applications, location of things market is expanding at a cracking pace.

Request Sample Copy of the Report@ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2459

Rising importance of spatial data and democratization of geospatial data for IoT applications are also boosting the global location of things market.

Global Location of Things Market: Market Potential

Given its potential to revolutionize the functioning of different organizations in the same way data analytics has done, the potential in the location of things market is massive and avenues of growth a dime a dozen.

Location of things is already finding a host of applications ranging from mapping and navigation, IoT asset management, location based customer engagement and advertising platform, and IoT location intelligence to location based social media monitoring. Among them, the segment of mapping and navigation contributes the most to the location of things market. Mapping and navigation technology is used to examine the data or the image generated.

The different end use segments of location of things technology are governments and public utilities, retail, defense, healthcare, transportation and logistics, banking, finance, and insurance, and media and entertainment, among others. Of them, the retail sector holds out maximum promise for growth for incumbent and new players on account of the growing practice of integrating location-based technology with retail and e-commerce to improve product distribution, enhance cross-sell and up-sell opportunities, bring down operational costs and better engage with customers.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=2459

Global Location of Things Market: Regional Outlook

Geographically, the key segments of the global location of things market are North America, Asia Pacific, Europe, and the Rest of the World. North America, among them, is a dominant market on account of the presence of a copious number of tech savvy entities and massive technological progress and a subsequent solid internet infrastructure. Most importantly, however, the region is home to a large number of domestic solution providers who have pushed up growth in the region.

Global Location of Things Market: Competitive Analysis

Prominent names competing in the global market for location of things are Bosch Software Innovations GMBH, ESRI, Qualcomm Technologies, Inc., Wireless Logic, Ubisense Group PLC., Google, Inc., IBM Corporation, Microsoft Corporation, Pitney Bowes, and Tibco Software, Inc.

Get Discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=2459

The market is characterized by stiff competition and in order to retain their competitive edge, bigger players are constantly on the lookout for opportunities to acquire promising startups.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.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 Market Growth to be Driven by Technological Advancements 2025 here

News-ID: 919570 • Views: 115

More Releases from TMR Research

Lung Infections Market Challenging Health Concerns 2025 | Bayer AG, Insmed Incor …
Lung Infections Market: Snapshot The treatment for lung infections has conventionally been led by small molecule therapies. These therapies however, were aimed to treat the symptoms of lung infections, rather than the actual cause of the infection. This has led to the emergence of diverse treatment options, which differ in terms of their targets and their action mechanism. Many past cases exist, where a patient has been given a combination
RFID in Pharmaceuticals Market Challenges On Upcoming Trends 2025 | IBM Corporat …
Global RFID in Pharmaceuticals Market: Snapshot The U.S. Food and Drug Administration (FDA) has played a vital role in escalating the widespread adoption of Radio Frequency Identification (RFID) in the pharmaceutical sector to strengthen anti-counterfeiting and track-and-trace efforts. Besides these benefits, RFID technology is acknowledged for its ability to increase supply chain efficiency, reduce errors by proper storage of information, boost patient safety and monitoring, enhance staff, patient, and asset
Tapentadol Market Analysis On Trends and Need 2025 | Johnson & Johnson Pharmaceu …
Global Tapentadol Market: Snapshot The growing prevalence of chronic diseases is leading to the high occurrence of chronic musculoskeletal pain, which is likely to create an upswing in the demand for tapentadol worldwide. Tapentadol is also used for the treatment of moderate to severe acute pain. The potency of this treatment lies somewhere between that of morphine and tramadol. Despite the lower occurrence of side effects, its analgesic efficacy is
Gingivitis Diagnostics and Therapeutics Market 2025 | General Biologicals Corp a …
Global Gingivitis Diagnostics and Therapeutics Market: Snapshot The global market for gingivitis diagnostics and therapeutics is expected to witness growth at a significant rate in the next few years owing to factors such as the rising number of smokers, women of reproductive age, and obese people across the globe. The market is highly dynamic in terms of technologies used for diagnosing and treating gingivitis, one of the most common periodontal conditions

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