Location of Things Market to Hit US$ 116,000 Million by 2030, Driven by 15.7% CAGR, Forecast Period 2024-2030

February 21 10:02 2024
Location of Things Market to Hit US$ 116,000 Million by 2030, Driven by 15.7% CAGR, Forecast Period 2024-2030
Location of Things Market Set to Surpass US$ 116,000 Million by 2030, Driven by 15.7% CAGR
The Location of Things Market is anticipated to achieve a valuation of US$ 116,000 million by 2030, demonstrating a remarkable Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period from 2024 to 2030. The market growth is propelled by the increasing adoption of location-based technologies across various industries for enhanced asset tracking, logistics management, and real-time monitoring applications.

Increasing importance of spatial data is expected to drive the growth of the location of things market.

The global Location of Things Market was valued at US$ 20810 million in 2023 and is anticipated to reach US$ 116000 million by 2030, witnessing a CAGR of 27.3% during the forecast period 2024-2030.

According to our research, the number of global connected IoT devices was about 14 billion, grew by 18% compared to 2021. The data released by the Office of the Central Cyberspace Affairs Commission shows that, by the end of 2022, China has built and opened a total of 2.3 million 5G base stations. 110 cities across the country have reached the gigabit city construction standards. Gigabit optical network has the ability to cover more than 500 million households. IPv6 scale deployment application is deeply promoted. The number of active users exceeds 700 million, mobile network IPv6 traffic accounted for nearly 50%. The total size of China’s data center racks exceeds 6.5 million standard racks, with an average annual growth rate of more than 30% in the past five years.

This report aims to provide a comprehensive presentation of the global market for Location of Things, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Location of Things.

Report Scope

The Location of Things market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Location of Things market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. 

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Location of Things companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

  •     Bosch Software Innovations
  •     Google
  •     IBM
  •     Microsoft
  •     Esri
  •     Qualcomm Technologies
  •     Wireless Logic
  •     Ubisense Group
  •     Pitney Bowes
  •     Telogis
  •     Tibco Software
  •     Gobabl
  •     Zebra Technologies
  •     Awarepoint
  •     Navigine
  •     Geofeedia


Segment by Type

  •     Hardware Equipment
  •     Software System


Segment by Application

  •     Auto Industry
  •     Medical Treatment
  •     Communication
  •     Navigation
  •     Other


By Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)


Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Location of Things companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 12: The main points and conclusions of the report.

Read More Related Research Reports:

Consumer Internet of Things (CIoT) Market: https://www.themarketreports.com/report/global-consumer-internet-of-things-ciot-market-research-report

Internet of Things (IoT) Security Technology Market: https://www.themarketreports.com/report/global-internet-of-things-iot-security-technology-market-research-report

The Internet of Things (IoT) in Energy Market: https://www.themarketreports.com/report/global-the-internet-of-things-iot-in-energy-market-research-report

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