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Location of Things Market Poised to Exhibit +37% CAGR Through 2023 – Know About Market Trends, Market Effect Factors, Global Innovations, Competitive Analysis

Some of the major factors that are driving the growth of the location of things market include increasing importance of spatial data, democratization of geospatial data for IoT applications, and increase in the adoption of location-based applications across various verticals.

 

Pune, India -- (SBWIRE) -- 04/25/2018 -- The location of things is subcategory of Internet of things. Location is an important component of IoT that allows objects to understand and communicate their physical location. Location data is an important component that is proven as an input for data analysis. The location of things is already finding applications ranging from mapping and navigation, IoT asset management, location-based customer engagement and advertising platforms, IoT location information to location-based social media monitoring.

The Global Location of Things Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of +37% during the forecast period

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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.

Top Players Profiled in this Report includes, Bosch Software Innovations GMBH (Berlin Germany), ESRI (California U.S.), Qualcomm Technologies Inc. (California U.S.), Wireless Logic (Berkshire U.K.), Ubisense Group PLC. (Cambridge U.K.), Google Inc. (California U.S.), IBM Corporation (Armonk U.S.), Microsoft Corporation (Washington U.S.), Pitney Bowes (Stamford U.S.), HERE (Chicago U.S.), Telogis (California U.S.), Tibco Software Inc. (California U.S.)

Location of Things market research is an intelligence report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. Business strategies of the key players and the new entering market industries are studied in detail. Well explained SWOT analysis, revenue share and contact information are shared in this report analysis.

The scope of this report covers the location of things market analysis by location type, application, vertical, and region. Based on location type, the indoor location segment is expected to grow at a higher CAGR during the forecast period. The technology helps in recording the real-time monitoring of data to visualize the visitor's behavior and preferences. Earlier, Global Positioning System (GPS) was used. However, due to incapability of receiving signals due to hard walls, the indoor location technology was introduced. On the basis of application, the IoT location intelligence segment is expected to grow at the highest CAGR during the forecast period.

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Various factors are responsible behind the market's growth trail, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the Global Location of Things market. It also gauges the bargaining power of suppliers and buyers, threat to the new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the market's trajectory between forecast periods.

The report is presented in a clear and concise manner so that readers can understand the market structure and dynamics effectively. Recent trends and developments in the global Location of Things market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. The report focuses on the global market, and answers some of the most critical questions stakeholders are currently facing across the globe. Information about the size of the market (by the end of the forecast year), companies that are most likely to scale up their competitive abilities, leading segments, and challenges impeding the growth of the market are given.

The report provides insights on the following pointers:
- Market Penetration: Comprehensive information on the product portfolios of the top players in the Location of Things market.
- Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the Location of Things market
- Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the Location of Things market
- Market Development: Comprehensive information about emerging markets. This report analyzes the market for various protein assay products across geographies
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Location of Things market

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Table of Contents
Global Location of Things Market Research Report
Chapter 1 Location of Things Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast