According the report, Increasing Awareness of Spatial Data Drives the Location of Things Market is one of the primary growth factors for the market. Development of Location-Based Services is also expected to contribute significantly to the Location of Things market. Overall, Mapping & Navigation applications of Location of Things, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Location of Things market identified that the demand is rising in many different parts of the world as "Development in Technology Such as Cloud-Based Technology ". Furthermore, some recent industry insights like "In Oct 209, PHY Wireless announced its separation from its parent company known as Acorn Technologies. The company is focusing on becoming a leading provider of high-performance accurate positioning of mobile solutions. Through this initiative, the company is becoming more competent in this industry." is constantly making the industry dynamic. One of the challenges that industry facing is "Rising Security Concerns Among Consumers"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Location of Things market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Location of Things market and other related sub-markets covered in the study.

o Key & emerging players in the Location of Things market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Location of Things market size is calculated using market estimation process, the Location of Things market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Location of Things market size has been validated using both top-down and bottom-up approaches.