Market Revenue Location of Things Industry Demand, Trends | Page 2

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.
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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By location, connected cities market is exhibiting profound growth in location of things market. Drivers to the
location of things market are improved customer experience, simplification of supply chains and agile logistics
with cost-cutting measures and productive all-round employee participation. Amongst other key industries,
smart factories will contribute 7% to 8% of industry total. Key industries include Bosch Software Innovations
GmbH, ESRI, Qualcomm Technologies, Wireless Logic, Ubisense Group, PLC, Google, Inc., IBM Corporation,
Microsoft Corporation, Pitney Bowes, HERE, Telogis, and Tibco Software. Target audience in location of things
market is application vendors, IOT provider companies, Academic and research institutes and Government
associations.
Market Segment:
Application Outlook (Revenue, USD Million; 2014 - 2025)
• Mapping and Navigation
• Asset Management
• Location Intelligence
• Media and Marketing Engagement
Vertical Outlook (Revenue, USD Million; 2014 - 2025)
• Retail and Consumer Goods
• Government, Defense, and Utilities