Location Intelligence Market Size, Share, Industry Report 2023-2028

Location Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A3848

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Market Overview:

The global location intelligence market size reached US$ 16.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 39.3 Billion by 2028, exhibiting a growth rate (CAGR) of 16.61% during 2023-2028.

Location intelligence (LI) refers to the collection and analysis of geodata for making more informed and rational business decisions. It is utilized by organizations for collecting and compiling big data and detecting patterns and trends that relate to specific needs, and making effective strategic decisions. It is also used by government entities to allocate resources, impact public safety, combat fraud and abuse. Moreover, due to the emerging trend of geotargeted advertising, the application of LI is expanding further to gain unique insights into consumer behaviors.

Global Location Intelligence Market Report

Rising digitalization, increasing device connectivity on account of the Internet of Things (IoT), and the escalating volume of business data are encouraging organizations worldwide to adopt LI. It helps them in remaining competitive, revealing the latest consumer trends, and enhancing existing business intelligence (BI) and analytics capabilities. Additionally, it is gaining traction in the banking, financial services, and insurance (BFSI) sector to effectively detect fraud, avoid flagging legitimate charges, and promote special offers. It also provides way-finding alerts, quicker product delivery, effective queue management for enhancing customer experience in large venues like stadiums, resorts, and airports. Apart from this, the growing awareness about the benefits of LI is expanding its application in charging point rollout for electric vehicles (EVs), 5G network deployment, and IoT drone analytics. Its demand is anticipated to rise for providing health clinic site selection and improving recruitment processes in the education and training sector.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global location intelligence market report , along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on service, application and end use industry.

Breakup by Service:

Consulting
System Integration
Others

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Breakup by Application:

Sales and Marketing Optimization
Remote Monitoring
Workforce Management
Asset Management
Facility Management
Risk Management
Customer Management
Others

Breakup by End Use Industry:

Transportation and Logistics
Retail and Consumer Goods
Government and Defense
Manufacturing and Industrial
IT and Telecom
Others

Breakup by Region:

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North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Autodesk Inc., ESRI, HERE Global B.V., Liberty Broadband Corporation, Navizon Inc., Pitney Bowes Inc., Qualcomm Technologies inc, SuperMap Software Co. Ltd., TIBCO Software Inc., Trimble Inc. and Wireless Logic Limited.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Service, Application, End Use Industry, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Autodesk Inc., ESRI, HERE Global B.V., Liberty Broadband Corporation, Navizon Inc., Pitney Bowes Inc., Qualcomm Technologies inc, SuperMap Software Co. Ltd., TIBCO Software Inc., Trimble Inc. and Wireless Logic Limited
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global location intelligence market was valued at US$ 16.3 Billion in 2022.

We expect the global location intelligence market to exhibit a CAGR of 16.61% during 2023-2028.

The emerging trend of geotargeted advertising, along with the increasing demand for the Internet of Things (IoT), is primarily driving the global location intelligence market.

The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of location intelligence by government bodies to allocate resources, impact public safety, combat fraud and abuse, etc., during the lockdown scenario.

Based on the service, the global location intelligence market can be segregated into consulting, system integration, and others. Currently, system integration accounts for the largest market share.

Based on the application, the global location intelligence market has been divided into sales and marketing optimization, remote monitoring, workforce management, asset management, facility management, risk management, customer management, and others. Among these, sales and marketing optimization exhibits a clear dominance in the market.

Based on the end use industry, the global location intelligence market can be bifurcated into transportation and logistics, retail and consumer goods, government and defense, manufacturing and industrial, IT and telecom, and others. Currently, transportation and logistics hold the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global location intelligence market include Autodesk Inc., ESRI, HERE Global B.V., Liberty Broadband Corporation, Navizon Inc., Pitney Bowes Inc., Qualcomm Technologies inc, SuperMap Software Co. Ltd., TIBCO Software Inc., Trimble Inc., and Wireless Logic Limited.

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