Location Intelligence Market Analysis

  • Report ID: 3657
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Location Intelligence Market Analysis

The market is segmented by vertical into retail, government, and defense, out of which, the retail segment is anticipated to hold the largest share in the global location intelligence market. This can be accounted to the high utilization of location analytics in managing retail apps to offer improved user experience. Apart from these, location intelligence offers a digital platform to sellers for interacting and building trustworthy relationships, which is also predicted to boost the growth of the market segment in the imminent time. Additionally, on the basis of application, the sales & marketing optimization segment is assessed to acquire the largest share during the forecast period, which can be credited to the fact that use of these services enables assessment of consumer behavior, forecast sales and optimize profitability of businesses.

Our in-depth analysis of the global market includes the following segments

      By Service

  • Consulting
  • System Integration

      By Location Type

  • Indoor Location
  • Outdoor Location

       By Application

 

  • Sales & Marketing Optimization
  • Remote Monitoring

        By Vertical

 

  • Retail
  • Government
  • Defense
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 3657
  • Published Date: Aug 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of location intelligence is evaluated at USD 20.95 billion.

Location Intelligence Market size was valued at USD 18.65 billion in 2023 and is set to cross USD 120.05 billion by 2036, expanding at more than 15.4% CAGR during the forecast period i.e., between 2024-2036. The market growth is driven by growing usage of spatial data and analytical tools and increasing need for predictive analysis among businesses globally.

Asia Pacific industry is anticipated to dominate majority revenue share by 2036, attributed to growing number of smartphone users, and rapid advancements in networking technologies in the region.

The major players in the market are IBM Corporation, Google LLC, SAP SE, Apple, Inc., AT&T, Inc., and others.
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