From GlobeNewswire: 2025-04-22 03:09:00

The Location Intelligence Market was valued at USD 19.3 billion in 2023, expected to reach USD 63.8 billion by 2032, growing at a CAGR of 14.23%. Major players include Esri, Google, Apple, HERE Technologies, and more. The U.S. market is set to reach USD 16.3 billion by 2032, driven by IoT, mobile apps, and spatial analytics demand.

In 2023, software dominated the market with 62% revenue share, while services are expected to witness the fastest CAGR. Outdoor location intelligence led the market, while indoor is gaining momentum, especially in retail and healthcare. On-premise deployment prevails, but cloud is accelerating due to scalability and cost-effectiveness.

Sales & Marketing Optimization is the leading application, while remote monitoring is the fastest-growing, enhancing efficiency and safety. Transportation & Logistics dominate the market, with geospatial data optimizing routes and supply chain visibility. Retail & Consumer Goods sector is accelerating its use of location intelligence to enhance customer experience and inventory management. Retailers are using location intelligence to meet consumer expectations and boost sales. North America dominates the market with 35% revenue share, driven by tech advancements and high adoption. Asia Pacific is expected to see rapid growth due to urbanization and smartphone penetration. Recent projections show the market reaching $67.5 billion by 2032.



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