Location of Things (LoT) Market to 2027 - Global Analysis and Forecasts by Application (Mapping & Navigation, Asset Management, Location Intelligence, and Media & Marketing); and Industry Vertical (Retail, Industrial, Transportation & Logistics, Government & Utilities, Defense, Media & Entertainment, Healthcare, and Others)
The global Location of Things (LoT) market valued at US$ 19.10 Bn in 2018 and is expected to grow at a CAGR of 24.5% during the forecast period 2019 – 2027, and reach US$ 128.75 Bn in 2027.
The location of things market consists of some well-established players across the globe, which makes significant investments or adopt strategies to deliver highly advanced service to the users. Government funding for research & development, strategic partnerships between service providers, network operators and government bodies are anticipated to enable huge surges in the Location of Things (LoT) market over the forecast period.
Lucrative Regional Markets
Market Insights
Location Accuracy is expected to drive new applications for Location of Things (LoT) market in the coming years
Amalgamation of different technologies in the system has enabled it to provide the accuracy that can be defined as the precision and latency. The precision needed for locating an object or a person depends upon the applications itself. For instance, some applications such as tracking of large objects might require accuracy within 3-5 meters, whereas for smaller object the accuracy might have a range in centimeters. In addition, the real-time tracking of the objects also depends upon the application of the systems. As the organizations across industry verticals continue to realize their requirements for the real-time localization based upon the particular application, they will thrive for the advancement in the precision, which in response is expected to pave path for new applications for Location of Things (LoT) market.
China leads the Location of Things (LoT) market in Asia Pacific
China leads the initial commercialization of location of things, due to the frequent adoption of advanced technology, huge population and strong government support for location of things development in the country. Esri has entered into an agreement with Alibaba Cloud (Alibaba Group). The agreement facilitates both the organizations to provide updated options to the customer’s looking to execute Esri technology on the Alibaba Cloud. The continuous increase in the number of partnership for the LoT service is expected to boost overall adoption and growth.
Application Insights
The global Location of Things (LoT) market by application was led by Mapping & Navigation. For the mapping & navigation application, LoT technology empowers businesses to track the exact location of IoT based devices. With the exact location, these businesses can harness good information and thereby draw conclusions for their businesses. The mapping & navigation application could be highly useful in industry verticals such as healthcare, retail, industrial, and transportation & logistics.
Industry Vertical Insights
The Location of Things (LoT) market is segmented based on retail, industrial, transportation & logistics, government & utilities, defense, media & entertainment, healthcare, and others. The boom of e-commerce sector and the associated cut-throat competition in the retail industry has propelled retailers for implementation of solutions that enhance customer experiences. The need for higher customer engagements drive the adoptions of LoT tools in the retail sector.
Exhibit: MEA Location of Things (LoT) Market Revenue to 2027, by Industry Vertical
Strategic Insights
The market for Location of Things is concentrated with large numbers of well-established players as well as emerging players across the globe. The major companies operating in the market includes Google, Inc., IBM Corporation, Microsoft Corporation, ESRI, Qualcomm Technologies, Inc., Here Technologies, Navizon, Inc., Skyhook, Wireless Logic, and Trimble, Inc. are few other players that are investing into the technological innovations for rolling out Location of Things technology in the near future. Few of the recent developments are listed below:
2019: Rivetz and Skyhook Partnered to Deliver Location Service Protections to Rivetz Network. By enabling Skyhook's advanced location capabilities on the Rivetz Network of cybersecurity tools, Rivetz users can take advantage of location service protection in any signal environment, regardless of GPS availability.
2019: Skyhook Collaborated with Qualcomm Technologies Inc. a subsidiary of Qualcomm Incorporated, to bring Wi-Fi positioning and location-assistance services based on Qualcomm® Snapdragon Wear™ platforms.
2019: Inpixon releases new connector IBM to improve location-based mobile device security.
Global Location of Things (LoT) Market – By Application
- Mapping & Navigation
- Asset Management
- Location Intelligence
- Media & Marketing
Global Location of Things (LoT) Market – By Industry Verticals
- Retail
- Industrial
- Transportation & Logistics
- Government & Utilities
- Defense
- Media & Entertainment
- Healthcare
- Others
Global Location of Things (LoT) Market – By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- Australia
- Japan
- Rest of Asia Pacific
- Middle East and Africa (MEA)
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
- South America
- Brazil
- Rest of South America (SAM)
Company Profiles
- ESRI
- Alphabet Inc. (Google)
- HERE Technologies
- IBM Corporation
- Microsoft
- Navizon Inc.
- Qualcomm Incorporated
- Skyhook
- Trimble Inc.
- Wireless Logic Limited
1. INTRODUCTION
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
2. Key takeaways
3. Location of Things market landscape
3.1 market overview
3.2 Market segmentation
3.2.1 Location of Things Market – By Application
3.2.2 Location of Things Market – By Industry Vertical
3.2.3 Location of Things Market – By Geography
3.3 pest analysis
3.3.1 North America PEST Analysis
3.3.2 Europe PEST Analysis
3.3.3 APAC PEST Analysis
3.3.4 Middle East & Africa PEST Analysis
3.3.5 South America PEST Analysis
4. Location of Things (LoT) market – key industry dynamics
4.1 key market drivers
4.1.1 Proliferation of IoT and connected devices over the network and the need to harness useful data
4.1.2 Encouraging investments for 5G laying a strong platform for IoT and location based services
4.1.3 Growing popularity of using location based data amongst the businesses
4.2 Key market restraints
4.2.1 Concerns around identity and privacy of individuals
4.3 key market opportunities
4.3.1 Integrating the power of AI and Location Intelligence for market predictions
4.3.2 Location Accuracy Will Drive New Applications
4.4 Future trends
4.4.1 Harness the potentials of a highly smart city
4.5 impact analysis of Drivers and restraints
5. Location of Things – global market analysis
5.1 Global Location of Things Market Overview
5.2 Global Location of Things Market Forecast and Analysis
6. Location of Things market revenue and forecasts to 2027 – Application
6.1 Overview
6.2 Location of Things MARKET Breakdown, By Application, 2018 & 2027
6.3 Mapping & Navigation MARKET
6.3.1 Overview
6.3.2 Mapping & Navigation Market Revenue and Forecasts to 2027 (US$ Mn)
6.4 Asset Management MARKET
6.4.1 Overview
6.4.2 Asset Management Market Revenue and Forecasts to 2027 (US$ Mn)
6.5 Location Intelligence MARKET
6.5.1 Overview
6.5.2 Location Intelligence Market Revenue and Forecasts to 2027 (US$ Mn)
6.6 Media & Marketing MARKET
6.6.1 Overview
6.6.2 Media & Marketing Market Revenue and Forecasts to 2027 (US$ Mn)
7. Location of Things market revenue and forecasts to 2027 – Industry Vertical
7.1 Overview
7.2 Location of Things MARKET Breakdown, By Industry Vertical, 2018 & 2027
7.3 Retail MARKET
7.3.1 Overview
7.3.2 Retail Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Industrial MARKET
7.4.1 Overview
7.4.2 Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Transportation & Logistics MARKET
7.5.1 Overview
7.5.2 Transportation & Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Government & Utilities MARKET
7.6.1 Overview
7.6.2 Government & Utilities Market Revenue and Forecasts to 2027 (US$ Mn)
7.7 Defence MARKET
7.7.1 Overview
7.7.2 Defence Market Revenue and Forecasts to 2027 (US$ Mn)
7.8 Media & Entertainment MARKET
7.8.1 Overview
7.8.2 Media & Entertainment Market Revenue and Forecasts to 2027 (US$ Mn)
7.9 Healthcare MARKET
7.9.1 Overview
7.9.2 Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
7.10 Others MARKET
7.10.1 Overview
7.10.2 Others Market Revenue and Forecasts to 2027 (US$ Mn)
8. location of things market – Geographical Analysis
8.1 Overview
8.2 North America Location of Things Market Revenue and Forecasts to 2027
8.2.1 Overview
8.2.2 North America Location of Things Market Breakdown, by Key Countries
8.2.2.1 U.S. Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.2.2 Canada Location of Things Market Revenue and Forecast to 2027 (US$ Mn)
8.2.2.3 Mexico Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.3 North America Location of Things Market Breakdown, by Application
8.2.4 North America Location of Things Market Breakdown, by Industry Vertical
8.3 Europe Location of Things Market Revenue and Forecasts to 2027
8.3.1 Overview
8.3.2 Europe Location of Things Market Breakdown by Key Countries
8.3.2.1 France Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.3.2.2 Germany Location of Things Market Revenue and Forecast to 2027 (US$ Mn)
8.3.2.3 Italy Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.3.2.4 Spain Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.3.2.5 UK Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.3.2.6 Rest of Europe Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 APAC Location of Things Market Revenue and Forecasts to 2027
8.4.1 Overview
8.4.2 APAC Location of Things Market Breakdown by Key Countries
8.4.2.1 Australia Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.2.2 China Location of Things Market Revenue and Forecast to 2027 (US$ Mn)
8.4.2.3 India Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.2.4 Japan Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.2.5 Rest of APAC Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.4.3 APAC Location of Things Market Breakdown by Application
8.4.4 APAC Location of Things Market Breakdown by Industry Vertical
8.5 Middle East & Africa (MEA) Location of Things Market Revenue and Forecasts to 2027
8.5.1 Overview
8.5.2 MEA Location of Things Market Breakdown by Key Countries
8.5.2.1 Saudi Arabia Location of Things Market Revenue and Forecast to 2027 (US$ Mn)
8.5.2.2 UAE Location of Things Market Revenue and Forecast to 2027 (US$ Mn)
8.5.2.3 South Africa Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.5.2.4 Rest of MEA Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.5.3 MEA Location of Things Market Breakdown by Application
8.5.4 MEA Location of Things Market Breakdown by Industry Vertical
8.6 SAM Location of Things Market Revenue and Forecasts to 2027
8.6.1 Overview
8.6.2 SAM Location of Things Market Breakdown by Key Countries
8.6.2.1 Brazil Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.6.2.2 Rest of SAM Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
8.6.3 SAM Location of Things Market Breakdown by Application
8.6.4 SAM Location of Things Market Breakdown by Industry Vertical
9. Industry Landscape
9.1 Overview
9.2 Market Initiative
9.3 Merger and Acquisition
9.4 New Development
10. Competitive Landscape
10.1 Competitive Product Mapping
10.2 Market Positioning – Global Top 5 Players Ranking
11. location of things market, Key company profiles
11.1 ESRI
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Developments
11.2 HERE technologies
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 SWOT Analysis
11.2.5 Key Developments
11.3 Navizon Inc.
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 SWOT Analysis
11.3.5 Key Developments
11.4 Qualcomm Incorporated
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.4 SWOT Analysis
11.4.5 Key Developments
11.5 skyhook
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 SWOT Analysis
11.5.5 Key Developments
11.6 Trimble inc.
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Overview
11.6.4 SWOT Analysis
11.6.5 Key Developments
11.7 Wireless Logic Limited
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 SWOT Analysis
11.7.5 Key Developments
11.8 Alphabet Inc. (Google)
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 SWOT Analysis
11.8.5 Key Developments
11.9 Microsoft
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 SWOT Analysis
11.9.5 Key Developments
11.10 IBM Corporation
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 SWOT Analysis
11.10.5 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary of Terms
12.3 Methodology
12.4 Coverage
12.5 Secondary Research
12.6 Primary Research
LIST OF TABLES
TABLE 1. Global Location of Things Market Revenue and Forecasts to 2027 (US$ bn)
TABLE 2. North America Location of Things Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 3. North America Location of Things Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 4. Europe Location of Things Market Revenue and Forecasts to 2027– By Application (US$ Mn)
TABLE 5. Europe Location of Things Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 6. APAC Location of Things Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 7. APAC Location of Things Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 8. mea Location of Things Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 9. MEA Location of Things Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 10. SAM Location of Things Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
TABLE 11. SAM Location of Things Market Revenue and Forecasts to 2027 – By Industry Vertical (US$ Mn)
TABLE 12. Glossary of Terms, location of things Market
LIST OF Figures
FIGURE 1. APAC location of things market – 2018 & 2027 (US$ BN)
FIGURE 2. Europe LoT Market revenue 2018 & 2027, Transportation & Logistics industry vertical (US$ Bn)
FIGURE 3. Global Location Intelligence Market revenue 2018 & 2027 (US$ Bn)
FIGURE 4. Location of Things market segmentation
FIGURE 5. Location of Things market segmentation - geographic
FIGURE 6. North America PEST Analysis
FIGURE 7. europe PEST Analysis
FIGURE 8. APAC PEST Analysis
FIGURE 9. MEA PEST Analysis
FIGURE 10. SAM PEST Analysis
FIGURE 11. Location of Things Market Impact Analysis of Drivers and Restraints
FIGURE 12. Global Location of Things Market, Regional Outlook
FIGURE 13. Global Location of Things Market Forecast and Analysis to 2027
FIGURE 14. Location of Things Market Breakdown, By Application, 2018 & 2027 (%)
FIGURE 15. Mapping & Navigation Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 16. Asset Management Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 17. Location Intelligence Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 18. Media & Marketing Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 19. Location of Things Market Breakdown, By Industry Vertical, 2018 & 2027 (%)
FIGURE 20. Retail Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 21. Industrial Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 22. Transportation & Logistics Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 23. Government & Utilities Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 24. Defence Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 25. Media & Entertainment Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 26. Healthcare Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 27. OTHERS Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 28. location of things Market, Global Breakdown by Regions, 2018 & 2027 (%)
FIGURE 29. North America Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 30. North America Location of Things Market Breakdown, by Key Countries, 2018 & 2027 (%)
FIGURE 31. U.S. Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 32. Canada Location of Things Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 33. Mexico Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 34. North America Location of Things Market Breakdown, by Application, 2018 & 2027 (%)
FIGURE 35. North America Location of Things Market Breakdown, by Industry Vertical, 2018 & 2027 (%)
FIGURE 36. Europe Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 37. Europe Location of Things Market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 38. France Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 39. germany Location of Things Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 40. Italy Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 41. Spain Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 42. UK Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 43. Rest of Europe Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 44. Europe Location of Things Market Breakdown by Application, 2018 & 2027 (%)
FIGURE 45. europe Location of Things Market Breakdown by Industry Vertical, 2018 & 2027 (%)
FIGURE 46. APAC Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 47. APAC Location of Things Market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 48. AUSTRALIA Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 49. china Location of Things Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 50. india Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 51. Japan Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 52. Rest of APAC Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 53. APAC Location of Things Market Breakdown by Application, 2018 & 2027 (%)
FIGURE 54. APAC Location of Things Market Breakdown by Industry Vertical, 2018 & 2027 (%)
FIGURE 55. MEA Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 56. MEA Location of Things Market Breakdown by Key Countries, 2018 & 2027(%)
FIGURE 57. saudi arabia Location of Things Market Revenue and Forecasts to 2027 (US$ MN)
FIGURE 58. UAE Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 59. south africa Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 60. Rest of MEA Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 61. MEA Location of Things Market Breakdown by Application, 2018 & 2027 (%)
FIGURE 62. MEA Location of Things Market Breakdown by Industry Vertical, 2018 & 2027 (%)
FIGURE 63. SAM Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 64. SAM Location of Things Market Breakdown by Key Countries, 2018 & 2027 (%)
FIGURE 65. brazil Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 66. Rest of SAM Location of Things Market Revenue and Forecasts to 2027 (US$ Mn)
FIGURE 67. SAM Location of Things Market Breakdown by Application, 2018 & 2027 (%)
FIGURE 68. SAM Location of Things Market Breakdown by Industry Vertical, 2018 & 2027 (%)
The List of Companies
- ESRI
- Alphabet Inc. (Google)
- HERE Technologies
- IBM Corporation
- Microsoft
- Navizon Inc.
- Qualcomm Incorporated
- Skyhook
- Trimble Inc.
- Wireless Logic Limited
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Location of Things (LoT) market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.