Location of Things Market

By Location Type;

Indoor Location and Outdoor Location

By Device Type;

Smartphones and Wearables

By Technology;

Bluetooth Low Energy and Near Field Communication

By Application;

Mapping & Navigation, Location-Based Customer Engagement & Advertising Platform, Location-Based Social Media Monitoring, IoT Asset Management and Location Intelligence

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn107262299 Published Date: August, 2025

Location of Things Market Overview

Location of Things Market (USD Million)

Location of Things Market was valued at USD 35,571.54 million In the year 2024, the Glo. The size of this market is expected to increase to USD 335,619.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 37.8%.


Location of Things Market

*Market size in USD million

CAGR 37.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)37.8 %
Market Size (2024)USD 35,571.54 Million
Market Size (2031)USD 335,619.55 Million
Market ConcentrationLow
Report Pages317
35,571.54
2024
335,619.55
2031

Major Players

  • Bosch Software Innovations GmbH
  • Google, Inc. (Alphabet, Inc.)
  • IBM Corporation
  • Microsoft Corporation
  • ESRI
  • Qualcomm Technologies, Inc.
  • Wireless Logic
  • Ubisense Group PLC.
  • Pitney Bowes
  • Here
  • Telogis
  • Tibco Software, Inc.
  • Gobabl
  • Zebra Technologies
  • Awarepoint Corporation
  • Navigine
  • Geofeedia

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Location of Things Market

Fragmented - Highly competitive market without dominant players


The Location of Things (LoT) Market is evolving as a crucial component of the Internet of Things, integrating real-time location data into smart devices. This capability is enabling seamless spatial context in operations, with over 67% of connected systems now utilizing geolocation functionality to enhance digital workflows.

Technology Integration Trends
Advancements in AI, edge computing, and 5G networks are propelling LoT capabilities, allowing intelligent location data processing. Roughly 61% of applications using LoT now include machine learning models to enhance situational responsiveness, indicating a strong shift toward data-driven automation through spatial analytics.

Industrial Application Expansion
LoT is witnessing strong integration across industrial sectors, especially in asset tracking and logistics, where 54% of deployments focus on performance optimization. Businesses are using location data for predictive maintenance, real-time tracking, and operational safety, resulting in improved process transparency.

Future Outlook and Innovation
With developments in cloud mapping, spatial analytics, and sensor technologies, the LoT landscape is shifting towards enhanced personalization. Around 58% of upcoming LoT solutions focus on user-specific geospatial services, indicating a growing emphasis on adaptive, real-time, and location-aware digital experiences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Location Type
    2. Market Snapshot, By Device Type
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Location of Things Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid proliferation of IoT devices

        2. Growing demand for real-time data

        3. Integration with AI and data analytics

      2. Restraints
        1. Persistent security vulnerabilities in systems

        2. Limitations in supporting infrastructure capacity

        3. High costs of implementation efforts

        Opportunities
        1. Expansion of smart city initiatives

        2. Accelerated adoption of Industry 4.0

        3. Rising applications in healthcare and logistics

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Location of Things Market, By Location Type, 2021 - 2031 (USD Million)
      1. Indoor Location
      2. Outdoor Location
    2. Location of Things Market, By Device Type, 2021 - 2031 (USD Million)

      1. Smartphones

      2. Wearables

    3. Location of Things Market, By Technology, 2021 - 2031 (USD Million)

      1. Bluetooth Low Energy

      2. Near Field Communication

    4. Location of Things Market, By Application, 2021 - 2031 (USD Million)
      1. Mapping & Navigation
      2. Location-Based Customer Engagement & Advertising Platform
      3. Location-Based Social Media Monitoring
      4. IoT Asset Management
      5. Location Intelligence
    5. Location of Things Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bosch Software Innovations GmbH
      2. Google, Inc. (Alphabet, Inc.)
      3. IBM Corporation
      4. Microsoft Corporation
      5. ESRI
      6. Qualcomm Technologies, Inc.
      7. Wireless Logic
      8. Ubisense Group PLC.
      9. Pitney Bowes
      10. Here
      11. Telogis
      12. Tibco Software, Inc.
      13. Gobabl
      14. Zebra Technologies
      15. Awarepoint Corporation
      16. Navigine
      17. Geofeedia
  7. Analyst Views
  8. Future Outlook of the Market