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Location Intelligence Market Trends

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

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Location Intelligence Market Trends

Growth Drivers

Growing Usage of Spatial Data and Analytical Tools
Increasing Need for Predictive Analysis Among Businesses Globally

Challenges

High Initial Cost of Deployment of Location Intelligence

Location Intelligence Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	15.4%
Base Year Market Size (2023)	USD 18.65 billion
Forecast Year Market Size (2036)	USD 120.05 billion
Regional Scope	North America (U.S., and Canada) Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, Rest of Asia Pacific) Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Latin America (Mexico, Argentina, Brazil, Rest of Latin America) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:

Location Intelligence Market Size & Share, Growth Trends 2036

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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