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Industry Developments
The India Location of Things Market has witnessed significant developments in recent months, primarily driven by advancements in IoT technologies and increased demand for location-based services. Companies such as Zebra Technologies and Cisco Systems are actively enhancing their solutions to provide real-time location tracking and analytics, thereby influencing market growth. In August 2023, Wipro announced its partnership with a global leader in satellite technology, enhancing its capabilities in providing location intelligence solutions. Furthermore, in July 2023, Reliance Industries expressed intent to expand its digital services framework, leveraging location data to improve service delivery. Bharti Airtel has also been investing in location-based services to enhance customer experiences and operational efficiency. In terms of mergers and acquisitions, Tech Mahindra acquired a location intelligence firm in June 2023, bolstering its portfolio in the Location of Things sector. Additionally, Tata Consultancy Services reported a substantial increase in market valuation, reflecting the growing demand for location analytics across various industries in India. The overall market landscape is significantly influenced by the increasing adoption of smart technologies and the government’s push towards Digital India initiatives, further establishing India as a competitive player in the global Location of Things Market.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 335.92(USD Million) |
| MARKET SIZE 2024 | 500.0(USD Million) |
| MARKET SIZE 2035 | 8000.0(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 28.666% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Zebra Technologies, Cisco Systems, Wipro, Reliance Industries, Bharti Airtel, HCL Technologies, Infotech Enterprises, Capgemini, IBM India, Oracle India, Tata Consultancy Services, Siemens India, Samsung India, Tech Mahindra, Intel India |
| SEGMENTS COVERED | Location Type |
| KEY MARKET OPPORTUNITIES | Smart cities development, Retail analytics enhancement, Enhanced logistics management, IoT-enabled public safety, Agriculture monitoring solutions |
| KEY MARKET DYNAMICS | increasing smartphone penetration, growth of IoT technologies, expanding logistics sector, government initiatives for digitization, rising demand for geo-targeted services |
| COUNTRIES COVERED | India |
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FAQs
What is the projected market size of the India Location of Things Market in 2024?
The India Location of Things Market is expected to be valued at 500.0 USD Million in 2024.
What is the estimated market size for the India Location of Things Market by 2035?
By 2035, the overall market size is anticipated to reach 8000.0 USD Million.
What is the expected CAGR for the India Location of Things Market from 2025 to 2035?
The expected CAGR for the India Location of Things Market from 2025 to 2035 is 28.666%.
What are the market values for indoor and outdoor segments in 2024?
In 2024, the indoor segment is valued at 200.0 USD Million, while the outdoor segment is valued at 300.0 USD Million.
What is the forecasted market value for the indoor segment by 2035?
By 2035, the indoor segment is expected to grow to 3200.0 USD Million.
What is the expected market value for the outdoor segment by 2035?
The outdoor segment is anticipated to reach a market value of 4800.0 USD Million by 2035.
Who are the major players in the India Location of Things Market?
Key players in the India Location of Things Market include Zebra Technologies, Cisco Systems, Wipro, and Tata Consultancy Services among others.
What opportunities and trends are emerging in the India Location of Things Market?
Emerging trends include increased adoption of IoT technology and enhanced operational efficiency across sectors.
What challenges does the India Location of Things Market face?
Challenges include data privacy concerns and the need for substantial infrastructure investment.
How is the market for the India Location of Things impacted by regional factors?
The market growth varies regionally, with urban areas exhibiting faster adoption due to advanced infrastructure and technological access.
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