Top Trends in Location Technology for 2020

From Google Maps to advanced mapping by governments and security services- location tech has enabled movement around the world and has changed the way we do things.

Top Trends in Location Technology for 2020
Top Trends in Location Technology for 2020

Top Trends in Location Technology for 2020

After a decade of transformation and booming growth, location tech has come to become one of the pillars of modern-day technology. 

From Google Maps to advanced mapping by governments and security services- location tech has enabled movement around the world and has changed the way we do things. It is safe to say that in the future, location-enabled and location-aware technology will become the foundation of many other technologies.

Connectivity in the geospatial context has been a revolutionising and has enabled connecting people, vehicles, and devices to the internet. With location tech in play, the industries now have access to much more data and sources to help make decisions and other location-based services.

The coming decade projects a rise in the number of voice-controlled devices, sharable cloud and multi-cloud data, advancing AI, and robotics. All of these industries and technologies have already begun the integration of location tech in some way or the other and this relationship between location technology and these industries is only going to deepen in the coming times.

Location technology is going to be at the very core of the Fourth Industrial Revolution and shall play a key role in the advancement of humanity. As AI, Cloud, and Edge Computing create more autonomous, smart devices, their location data will help in decision making for the future.

Especially when it comes to autonomous vehicles, it is important to realise that location tech will form the foundation of the autonomous movement. 

Static mapping and locations will become a thing of history as self-updating maps take the reigns. This sophisticated maps shall automatically adapt and evolve as the world does, making them much more adaptive to customer needs. 

Dynamic geospatial services and price competition in the geospatial industry will make location technology a much more known phenomenon in the coming time. With companies wanting to access customer location data rapidly, the need for new service providers is sure to create a competitive, healthy industry.

Machine learning combined with geospatial services shall help create maps that update basis the change in the physical environment. This technology shall reduce mapping time and errors making data more reliable and accurate for decision making and even large-scale policy formulation.

The use of location tech is also predicted to rise in the logistics and movement industry in 2020. Industries and their supply chains are projected to be streamlined with the help of location tech leading to decreased costs and higher efficiency. 

Not only this, the coming decade shall witness the democratisation of technology. Which means technology will become much more accessible to people at a larger scale. This, in turn, will create more opportunity for players in the tech market to expand their base and create services that help businesses grow.

The opportunities for location technology in the coming decade are far and wide because there are many countries that have still not tapped into the potential of location-enabled data. 

An undervalued industry even today, geospatial and location technology are set to lead the world of tech into the future.