Global Geo IoT Revenues to Reach USD 49 Bn by 2021, Forecasts Mind Commerce in Its In-demand Reports Available at MarketPublishers.com07 Sep 2016 • by Natalie Aster
LONDON – In the same way as location determination has become an important element of personal communications, presence detection together with location-aware technologies shall be key element to the long-term success of the IoT. Geo IoT is expected to have positive influence on many industry verticals. For instance, location enabled IoT brings such advantages as process improvements, connectivity and data to both retailers and shoppers.
In the years to come, Geo IoT is predicted to go far beyond simply the ability to determine proximity for commerce and different retail applications. In the long run, location determination and presence detection will emerge as a critical aspect of IoT security, privacy and preference management for both industrial and consumer applications.
Revenues of the global Geo IoT industry will likely exceed USD 49 billion by 2021.
The topical report “Geo IoT Technologies, Services, and Applications Market Outlook: Positioning, Proximity, Location Data and Analytics 2016 - 2021” developed by Mind Commerce Publishing LLC covers the worldwide market for Geo IoT, including data on the key technologies and the major applications. It points out the most promising market opportunities and identifies top growth areas, gives details on specific Geo IoT solutions from top companies across different industry verticals, and also presents a comprehensive market outlook and future forecasts through 2021.
Other reports by this publisher are provided at the Mind Commerce Publishing page.