The latest report published by IMARC Group, titled “Location Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on location intelligence market growth. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
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, often referred to as spatial intelligence or geographic information systems (GIS), involves the gathering, analysis, interpretation, and visualization of data in relation to geographic locations. It's a technology-driven field that combines geographical data with advanced analytics to derive meaningful insights and support decision-making processes across various domains. Location intelligence has diverse applications. In urban planning, it aids in optimizing transportation routes, designing efficient infrastructure, and managing city growth. For businesses, it supports market analysis, site selection, and supply chain optimization. Emergency services use it to respond effectively to incidents by visualizing real-time data on maps. Environmental agencies employ it to monitor and manage ecosystems, biodiversity, and natural resources.
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Market Trends:
The location intelligence market is driven by a convergence of factors that highlight its essential role in modern data-driven decision-making. The proliferation of connected devices and the unprecedented generation of location-based data. The logistics and transportation industries leverage location data to streamline routes, enhance supply chain management, and reduce costs. Moreover, urban planning, environmental monitoring, and disaster response efforts have adopted location intelligence for informed decision-making. Government agencies also play a role in driving the market through initiatives, such as smart city development, where location intelligence aids in improving urban living conditions and resource allocation. Furthermore, the ongoing integration of location-based services into mobile applications and the Internet of Things (IoT) ecosystem contributes to the market's growth.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- 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.
- Wireless Logic Limited
Location Intelligence Market Segmentation:
Our report has categorized the market based on region, service, application and end use industry.
Breakup by Service:
- Consulting
- System Integration
- Others
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:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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