The Location of Things market was valued at US$XX.XX billion in 2018 and is expected to grow at a CAGR of XX.XX% over the forecast period to reach a total market size of US$XX.XX billion by 2024. Rapid growth of logistics sector across many regions worldwide is a major factor driving the growth of this market. As players across this industry continue to increase their focus on proper management of fleet while improving their offerings to their customers, the demand for Location of Things is witnessing a solid rise. Rising investments by industry players into streamlining their processes and into expansion of their horizons are increasing the adoption of Location of Things among them. Rapid growth of retail industry and increasing competition among players across this industry is further fueling the adoption of this technology among end users. This is boosting the growth of the global Location of Things market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study has been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Location of Things value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Location of Things market.
Major industry players profiled as part of the report are Google, Inc., IBM Corporation, Microsoft Corporation, ESRI and Telstra among others.
The Location of Things market is segmented by location type, component, industry vertical and geography.
By Location Type
By Industry Vertical
Aerospace & Defence
Transportation & Logistics
Middle East and Africa
Key Questions answered by the report
What is the Location of Things market size from 2019 to 2024?
How are the major drivers and restraints affecting the Location of Things market and the opportunities which exist for the key vendors?
Which segment and region will drive or lead the market growth and why?
A comprehensive analysis of competitive landscape and key market participants behaviour
Key strategies being adopted by vendors, with in-depth analysis of their impact on competition and market growth.