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Internet of Things, a.k.a. IoT, which is disrupting various industries, has an emerging subcategory called the Location of Things. Location is an important component of IoT which entails, among other things, ability of objects to comprehend and communicate their physical positions. Hence, it has an important role to play for anything connected to the internet.<br><br>
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Location of Things Market : Overview Internet of Things, a.k.a. IoT, which is disrupting various industries, has an emerging subcategory called the Location of Things. Location is an important component of IoT which entails, among other things, ability of objects to comprehend and communicate their physical positions. In today’s hyper connected world where the internet has become ubiquitous, there is a mind boggling amount of data generated every minute. To distil relevant bits filters are required. Location is one such filter that can be applied.
Location of Things Market : Key Trends 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. Rising importance of spatial data and democratization of geospatial data for IoT applications are also boosting the global location of things market. Download PDF Brochure
Location of Things Market : Regional Outlook Geographically, the key segments of the global location of things market are North America, Asia Pacific, Europe, and the Rest of the World. North America, among them, is a dominant market on account of the presence of a copious number of tech savvy entities and massive technological progress and a subsequent solid internet infrastructure. Most importantly, however, the region is home to a large number of domestic solution providers who have pushed up growth in the region. Grab Discount
Location of Things Market : Key Players Prominent names competing in the global market for location of things are Bosch Software Innovations GMBH, ESRI, Qualcomm Technologies, Inc., Wireless Logic, Ubisense Group PLC., Google, Inc., IBM Corporation, Microsoft Corporation, Pitney Bowes, and Tibco Software, Inc.The market is characterized by stiff competition and in order to retain their competitive edge, bigger players are constantly on the lookout for opportunities to acquire promising startups. Click For TOC
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