Location Intelligence Market Size, Trends, Share, Growth | Report 2023-2032
The global location intelligence market size was estimated at around USD 16.15 billion in 2022 and it is projected to hit around USD 69 billion by 2032, growing at a CAGR of 15.63% from 2023 to 2032.
Key Pointers
Report Scope of the Location Intelligence Market
| Report Coverage | Details |
| Market Size in 2022 | USD 16.15 billion |
| Revenue Forecast by 2032 | USD 69 billion |
| Growth rate from 2023 to 2032 | CAGR of 15.63% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Regions Covered | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
| Companies Covered | Autodesk, Inc.; Bosch Software Innovations GmbH; ESRI; HERE Technologies; MDA Corp.; Navizon, Inc.; Pitney Bowes, Inc.; Qualcomm Technologies, Inc.; Supermap Software Co., Ltd.; Tibco Software, Inc..; Trimble, Inc..; Trueposition, Inc..; Wireless Logic |
The industry is mainly driven by the growing penetration of smart devices and increasing investments in IoT and network services as it facilitates smarter applications and better network connectivity. The COVID-19 pandemic resulted in the increased adoption of location intelligence solutions to manage the changing business scenario as it helps businesses to analyze, map, and share data in terms of the location of their customers.
In addition, healthcare and government organizations implemented location-based solutions for vaccination drives to carry out successful COVID-19 public health strategies. Furthermore, the growing surge of asset management across industry verticals is expected to boost the demand for location intelligence over the forecast period. Location intelligence is a subpart of the IoT technology that makes businesses identify consumer trends, consumer behavior, and different information about niche markets to deliver better services and products, for better decisions and mitigate the uncertainties in the market.
Further benefits of location intelligence include risk management, predictive analytics, real-time tracking of trends and patterns, and streamlining the operations and services of companies. Moreover, rising digitalization has enabled organizations to collect user information, which is anticipated to spur industry growth further. Enhancing customer experience is one of the significant factors influencing the growing adoption of location intelligence. Increasing investments in infrastructure and the adoption of new technologies have resulted in several business-to-business (B2B) and business-to-consumer (B2C) applications, such as sales & marketing, customer management, and facility management.
The excessive use of mobile applications and enhanced location-sharing capabilities of mobile devices have revolutionized the way services are being delivered to the end-users. Location intelligence and in-store location technology enhance the customer experience by helping them locate the products they need quickly and efficiently. Furthermore, increasing investments in IoT is another crucial factor that has propelled industry growth. IoT is a rapidly growing network of internet-enabled gadgets, which can capture a vast amount of data with moving & fixed sensors. The processing of this captured data in real time is crucial for modern analytics in public or private services.
Spatial analysis or location intelligence allows placing these data within the critical context of ‘where’ and allows tying this extensive information together. Various industries, such as automotive, transportation & logistics, manufacturing, and healthcare, are discovering the potential uses of location data. Location intelligence offers real-time data processing by helping businesses analyze and identify hidden patterns, relationships, and unique insights that drive better decision-making. Although the industry is anticipated to record steady growth due to the benefits above, lack of awareness, expertise, and other operational challenges and data privacy concerns are expected to challenge growth.
Location Intelligence Market Segmentations:
| By Application | By Service | By Vertical |
|
Workforce Management Asset Management Facility Management Risk Management Remote Monitoring Sales & Marketing Optimization Customer management Others |
Consulting System Integration Others |
Retail and Consumer Goods Government & Defense Manufacturing & Industrial Transportation & Logistics BFSI IT & Telecom Utilities & Energy Media & Entertainment |
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Application Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Location Intelligence Market
5.1. COVID-19 Landscape: Location Intelligence Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Location Intelligence Market, By Application
8.1. Location Intelligence Market, by Application, 2023-2032
8.1.1 Workforce Management
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Asset Management
8.1.2.1. Market Revenue and Forecast (2020-2032)
8.1.3. Facility Management
8.1.3.1. Market Revenue and Forecast (2020-2032)
8.1.4. Risk Management
8.1.4.1. Market Revenue and Forecast (2020-2032)
8.1.5. Remote Monitoring
8.1.5.1. Market Revenue and Forecast (2020-2032)
8.1.6. Sales & Marketing Optimization
8.1.6.1. Market Revenue and Forecast (2020-2032)
8.1.7. Customer management
8.1.7.1. Market Revenue and Forecast (2020-2032)
8.1.8. Others
8.1.8.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Location Intelligence Market, By Service
9.1. Location Intelligence Market, by Service, 2023-2032
9.1.1. Consulting
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. System Integration
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Others
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Location Intelligence Market, By Vertical
10.1. Location Intelligence Market, by Vertical, 2023-2032
10.1.1. Retail and Consumer Goods
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Government & Defense
10.1.2.1. Market Revenue and Forecast (2020-2032)
10.1.3. Manufacturing & Industrial
10.1.3.1. Market Revenue and Forecast (2020-2032)
10.1.4. Transportation & Logistics
10.1.4.1. Market Revenue and Forecast (2020-2032)
10.1.5. BFSI
10.1.5.1. Market Revenue and Forecast (2020-2032)
10.1.6. IT & Telecom
10.1.6.1. Market Revenue and Forecast (2020-2032)
10.1.7. Utilities & Energy
10.1.7.1. Market Revenue and Forecast (2020-2032)
10.1.8. Media & Entertainment
10.1.8.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Location Intelligence Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Application (2020-2032)
11.1.2. Market Revenue and Forecast, by Service (2020-2032)
11.1.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Application (2020-2032)
11.1.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.1.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Application (2020-2032)
11.1.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.1.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Application (2020-2032)
11.2.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Application (2020-2032)
11.2.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Application (2020-2032)
11.2.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Application (2020-2032)
11.2.6.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.6.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Application (2020-2032)
11.2.7.2. Market Revenue and Forecast, by Service (2020-2032)
11.2.7.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Application (2020-2032)
11.3.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Application (2020-2032)
11.3.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Application (2020-2032)
11.3.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Application (2020-2032)
11.3.6.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.6.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Application (2020-2032)
11.3.7.2. Market Revenue and Forecast, by Service (2020-2032)
11.3.7.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Application (2020-2032)
11.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Application (2020-2032)
11.4.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Application (2020-2032)
11.4.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Application (2020-2032)
11.4.6.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.6.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Application (2020-2032)
11.4.7.2. Market Revenue and Forecast, by Service (2020-2032)
11.4.7.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Application (2020-2032)
11.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Application (2020-2032)
11.5.4.2. Market Revenue and Forecast, by Service (2020-2032)
11.5.4.3. Market Revenue and Forecast, by Vertical (2020-2032)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Application (2020-2032)
11.5.5.2. Market Revenue and Forecast, by Service (2020-2032)
11.5.5.3. Market Revenue and Forecast, by Vertical (2020-2032)
Chapter 12. Company Profiles
12.1. Autodesk, Inc.
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Bosch Software Innovations GmbH
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. ESRI
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. HERE Technologies
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. MDA Corp.
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Navizon, Inc.
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. Pitney Bowes, Inc.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Qualcomm Technologies, Inc.
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Supermap Software Co., Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Tibco Software, Inc.
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers