Location of Things Market size was valued at USD 5,562.1 million in 2016 and is expected to reach USD 71.6 billion by 2025, with a CAGR of 34.07%. The location of things market by indoor type includes indoor location and outdoor location. Business has changed color from the stereotype to a more vibrant and inclusive role thanks to penetrative power of internet and rolling out of Internet of Things (IoT) between devices. Internet of Things (IoT) convergence has extended beyond the ordinary to foster growth in a similar market-intensive identity named Location of Things (LoT) market giving detailed and incisive insights in social-media management (SMM) monitoring to real-time asset maintenance and there is no stopping growth in location of things market.
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Market Synopsis of Location of Things Market:
Expansion has led to device
expression and remote location based authorization of device parameters and
device-prioritization for instance covering connected cars, connected home,
smart city, mobile advertising and ambient intelligence boosting technological
upgrades in LoT market. Right from wearables and smart watches down to far-away
vending machines, Internet of things has made a global impact in feeding user
with health warnings and fitness-criteria down to customer touch points
relaying vehicle-breakdown information with help of arithmetic program
interface (API) wizards. This has set norms in industry growth with location of
things.
Advertising in every nook of the
city with out of home (OOH) technology and IoT is gaining root. Traditional
outmoded banner advertising becoming a tad unpopular, Location of things and
IoT has left its indelible mark in famed hallmarks of advertising. Machine to
Machine dependence enabling internet of things connectivity and device
governance with devices frequently in touch with their counterparts present a
full-bloom growth channel for Internet of Things (IoT) market.
On an upside Location of Things
(LoT) market will gain increasingly due to personal vehicle connectivity with
enhanced telecommunication and collaboration technologies and all-round gains
are predicted. The location of things market by application includes navigation
type, location based customer engagement and advertising platform, location
based social media monitoring, IOT Asset Management and IOT Location
Intelligence.
By vertical, location of things
market includes government and public utilities, defense, transportation and
logistics, industrial manufacturing, healthcare and life sciences, retail,
BFSI, media and entertainment and others. By region, location of things market
includes North America, Europe, Asia pacific, MEA and Latin America. As per industry
news, Intel Capital is financing an IoT technological arm focusing on
technology enunciation including 3D-scanning and biometric sensors, 3D
biometric sensors and wearable sand IoT infrastructure start-ups. Software and
services market will be a multi-billion dollar market and growth in number of
interconnected devices will exhibit enhanced market drive.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Location of Things: Market
Variables, Trends & Scope
Chapter 4 Location of Things:
Product Estimates & Trend Analysis
Chapter 5 Location of Things:
Application Estimates & Trend Analysis
Chapter 6 Location of Things:
End-use Estimates & Trend Analysis
Chapter 7 Location of Things:
Industrial End-use Estimates & Trend Analysis
Chapter 8 Location of Things:
Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Location of Things:
Manufacturers Company Profiles
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