Location of Things (LoT) Market Share, Trends, and Analysis by 2027
Location of Things (LoT) Market: Strategic Insights
Location of Things (LoT) Market
-
CAGR (2019 - 2027)24.5% -
Market Size 2019
US$ 22.32 Billion -
Market Size 2027
US$ 128.75 Billion
Market Dynamics
GROWTH DRIVERS
- Rising demand for asset tracking solutions
- Advancements in IoT technology
FUTURE TRENDS
- Use of location-based services in IoT
- Integration of GPS technologies for real-time data
OPPORTUNITIES
- Growth in connected devices and smart cities
- Rising demand for location-based IoT solutions
Key Players
- ESRI
- Alphabet Inc Google
- HERE Technologies
- IBM Corporation
- Microsoft
- Navizon Inc
- Qualcomm Incorporated
- Skyhook
- Trimble Inc
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Application
- Mapping & Navigation
- Asset Management
- Location Intelligence
- Media & Marketing
Industry Vertical
- Retail
- Industrial
- Transportation & Logistics
- Government & Utilities
- Defense
- Media & Entertainment
- Healthcare