Location of things market is expected to grow at a considerable rate during the forecast period 2019-2025. Location of Things is an emerging technology which enables to analyze the location of devices which are interconnected. In this day and age of better connectivity, the demand for live location tracking has increased significantly. This has led to the introduction of various platforms which promote the interconnectivity between devices coupled with their location tracing. This technology enables key organizations to collect data at a geographic level, so as to study demographic variations within the area. In the past year’s numerous location-based services have been introduced by key companies such as Google Maps, which is the key reason for the growth of the market.
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The market is driven by numerous factors including increasing demand for wearable devices across the globe. Moreover, companies are enabling advanced location tracing technology with such devices which are expected to promote the growth of the market. Moreover, for the proper functioning of various IOT (Internet of Things) applications, the demand for location data of customers is primary. This is expected to increase the demand for such technology in the near future. However, the risk associated with the privacy of data is the key reasons which are can have a negative impact on the growth of the market in the near future.
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Market Segmentation
Global Location of Thing Market by Application
Asset Management
Navigation & Mapping
Media and Marketing Engagement
Location Intelligence
Others
Global Location of Thing Market by End-User
Healthcare
Media & Entertainment
Retail
Transportation & Logistics
Others
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Bosch Software Innovations GmbH
CenTrak
Environmental Systems Research Institute, Inc. (ESRI)
Galigeo SAS
Geofeedia, Inc.
Google, LLC
HERE Global B.V.
IBM Corp.
Microsoft Corp.
Navigine Corp.
Navizon, Inc.
Pitney Bowes, Inc.
Qualcomm Technologies, Inc.
Software AG
TIBCO Software, Inc.
Trimble, Inc.
Ubisense Group PLC.
Verizon Communications, Inc.
Wireless Logic, Ltd.
Zebra Technologies Corp.
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