Location of Things Market Size, Share, Growth Report 2030

Location of Things Market

Location of Things Market By Location Type (Indoor and Outdoor), By Application (Location-Based Social Media Monitoring, Location-Based Customer Engagement & Advertising Platform, IoT Location Intelligence, IoT Asset Management, and Mapping & Navigation), and By Vertical (Government & Defense, Industrial Manufacturing, Healthcare, Retail, Media & Entertainment, BFSI, Transportation & Logistics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025

Category: Technology & Media Report Format : PDF Pages: 172 Report Code: ZMR-4649 Published Date: Aug-2019 Status : Published
Market Size in 2018 Market Forecast in 2025 CAGR (in %) Base Year
USD 7.65 billion USD 71.55 billion 37.63% 2018

The global location of things market accounted for USD 7.65 billion in 2018 and is expected to reach USD 71.55 billion by 2025, growing at a CAGR of 37.63% from 2019 to 2025.

Global Location of Things MarketRequest Free Sample

Location of Things Market Overview

Location of Things (LoT) is a sub-division of (IoT) Internet of things. It is a system of interconnected devices that can communicate with each other by communications modes, such as Bluetooth, Wi-Fi, and Near Field Communication (NFC). Location is a critical characteristic of the internet of things technology, as it helps the devices to comprehend and analyze the current location by using Bluetooth Low Energy technology (BLE).

The location of things market is expected to grow substantially in the years ahead, owing to the rising use of location-based services. Moreover, the technology helps to find different routes and sends push notifications enabling effective customer engagement. This technology is also helpful in reducing theft by tracking and alerts. The commercialization of location-based services, cab services, and navigation coupled with the surging adoption of IoT-based services and products are also driving the location of things market growth. Moreover, the growing use of location-based applications by end-users will also drive this global market. Additionally, the rising adoption of cloud-based technology, substantial developments related to IoT, and increasing demand for real-time location analysis are further anticipated to create growth opportunities for the location of things market in the future. However, the privacy and security regarding an individual’s identity is the prime concern that may hinder the location of things market development in the years ahead.

Location of Things Market Segmentation

By location type, the location of things market is bifurcated into indoor and outdoor location. Both segments are anticipated to experience rapid growth in the years ahead. The indoor location type might even surpass the outdoor location in relation to CAGR. The indoor location segment has gained a lot of popularity ever since its inception, as it allows real-time data recording for analyzing a visitor’s behaviors and preferences. The technology is likely to have an upper hand over the global positioning system (GPS), as the global positioning system falls short of receiving signals due to hard walls.

North America will hold a sizeable share of the location of things market globally in the future, due to the rising penetration of smartphones, technology proliferation, and faster network connectivity. Moreover, the presence of prominent players in the U.S. and various technological advancements will majorly contribute to the region’s location of things market growth. Furthermore, the developing countries in the Asia Pacific like India and China will positively influence the location of things market growth across the globe.

Location of Things Market: Report Scope

Report Attributes Report Details
Report Name Location of Things Market Research Report
Market Size in 2018 USD 7.65 billion
Market Forecast in 2025 USD 71.55 billion
Growth Rate CAGR of 37.63%
Number of Pages 214
Key Companies Covered Google, Bosch Software Innovations, Microsoft, Qualcomm Technologies, IBM, ESRI, Ubisense Group, Wireless Logic, HERE, Pitney Bowes, TIBCO Software, Telogis.
Segments Covered By Location Type, By Application, BY Vertical, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2018
Historical Year 2014 to 2017
Forecast Year 2019 - 2025
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Location of Things Market Key Players

Some major players of the location of things market are:

  • Google
  • Bosch Software Innovations
  • Microsoft
  • Qualcomm Technologies
  • IBM
  • ESRI
  • Ubisense Group
  • Wireless Logic
  • HERE
  • Pitney Bowes
  • TIBCO Software
  • Telogis

This report segments the global location of things market into:

Global Location of Things Market: Location Type Analysis

  • Indoor Location
  • Outdoor Location

Global Location of Things Market: Application Analysis

  • Location-Based Social Media Monitoring
  • Location-Based Customer Engagement and Advertising Platform
  • IoT Location Intelligence
  • IoT Asset Management
  • Mapping and Navigation

Global Location of Things Market: Vertical Analysis

  • Government and Defense
  • Industrial Manufacturing
  • Healthcare
  • Retail
  • Media and Entertainment
  • BFSI
  • Transportation and Logistics
  • Others

Global Location of Things Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

Methodology

Free Analysis

FrequentlyAsked Questions

Location of Things (LoT) is a sub-division of (IoT) Internet of things. It is a system of interconnected devices that can communicate with each other by communications modes, such as Bluetooth, Wi-Fi, and Near Field Communication (NFC).

The location of things market accounted for USD 7.65 billion in 2018 and is expected to reach USD 71.55 billion by 2025.

The CAGR value of the location of things market is expected to be around 37.63% during 2019-2025.
 

North America will hold a sizeable share of the location of things market globally in the future, due to the rising penetration of smartphones, technology proliferation, and faster network connectivity.

Some key players of the global location of things market are Google, Bosch Software Innovations, Microsoft, Qualcomm Technologies, IBM, ESRI, Ubisense Group, Wireless Logic, HERE, Pitney Bowes, TIBCO Software, Telogis.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed