The Location Intelligence Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Location Intelligence Market?
The size of the location intelligence market has experienced significant growth lately. The market size is projected to increase from $18.2 billion in 2024 to $20.77 billion in 2025, experiencing a compound annual growth rate (CAGR) of 14.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Location Intelligence Industry?
The global market size for location intelligence is projected to reach $34.99 billion in 2029, growing at a compound annual growth rate (CAGR) of 13.9%.
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What are the Key Growth Drivers Fueling the Location Intelligence Market?
The key drivers in the location intelligence market are:
• Increased adoption of location intelligence solutions
• Growing demand for real-time location data
• Rising focus on the development of smart cities
• Increasing use of location intelligence in agriculture
Global Market Segmentation: Identifying Major Location Intelligence Industry Segments
The location intelligence market covered in this report is segmented –
1) By Component: Software, Service
2) By Deployment: On-Premise, Cloud
3) By Location Type: Indoor, Outdoor
4) By Application: Workforce Management, Asset Management, Facility Management, Risk Management, Remote Monitoring, Sales And marketing Optimization, Customer Management, Other Application
5) By Vertical: Retail And Consumer Goods, Government And Defense, Manufacturing And Industrial, Transportation And Logistics, Banking, Financial Services, and Insurance (BFSI), Information Technology (IT) And Telecom, Utilities And Energy, Media And Entertainment
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What are the Emerging Trends Shaping the Future of the Location Intelligence Market?
The key trends in the location intelligence market are:
• Integration of Internet of Things (IoT) will shape the future of the Location Intelligence market.
• AI-powered location intelligence platforms are becoming a new trend.
• The utilization of blockchain technology in location intelligence is emerging.
• There's a growing trend towards the adoption of cloud-based location intelligence solutions.
Who Are the Top Competitors & Leading Players in the Location Intelligence Market?
Major companies in the location intelligence market are:
• Google LLC
• Microsoft Corporation
• IBM Corporation
• Qualcomm Technologies Inc.
• Uber Technologies Inc.
• Nokia Corporation
• Baidu Inc.
• Hexagon AB
• Autodesk Inc.
• Lyft Inc.
• Trimble Inc.
• Pitney Bowes Inc.
• Esri Inc.
• TIBCO Software Inc.
• Liberty Broadband Corporation
• Alteryx Inc.
• MDA Corporation
• TomTom International B.V.
• INRIX Inc.
• Mapbox
• SpotHero Inc.
• CARTO
• Cuebiq Inc.
• Navizon Inc.
• Foursquare Labs Inc.
Regional Dominance: Which Area Leads the Global Location Intelligence Market?
North America was the largest region in the location intelligence market in 2024
