Location Intelligence Software Market is Anticipated to Increase at a CAGR of 15.3% Through 2030

The global location intelligence market was estimated at USD 16.09 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 15.3% from 2023 to 2030. 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.

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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.

Major Market Players Profiled in the Report include:
• 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

Global Location Intelligence Software Market Segmentation:
The global market is segmented on the basis of type, application and region. Growth between market segments can help the user/investor analyze niche market growth points, go-to market strategies, and differentiate between core application areas and target markets.
• Application Outlook
• Workforce Management
• Asset Management
• Facility Management
• Risk Management
• Remote Monitoring
• Sales & Marketing Optimization
• Customer management
• Others

• Service Outlook
• Consulting
• System Integration
• Others

• Vertical Outlook
• Retail and Consumer Goods
• Government & Defense
• Manufacturing & Industrial
• Transportation & Logistics
• BFSI
• IT & Telecom
• Utilities & Energy
• Media & Entertainment

The report provides precise information about each Location Intelligence Software market's key players and upcoming competitors. Their global standing, economic activity, plans, product launches, R&D activities, as well as SWOT analysis, revenue share, and contact information are shared in this analysis report. The business strategies of important players and recent market entrants, such as collaborations, mergers and acquisitions, joint ventures, and partnerships, are thoroughly examined.
The report reveals a growing opportunity for manufacturers who are ready to spend on developing new and innovative goods. Businesses can position themselves for success in this dynamic and ever-changing market by keeping up with the most recent trends and innovations in the sector. For better understanding, the insights in the report are presented through a graphical representation of the figures in the form of bar graphs, statistics, and pie charts.

Important Features that are under Offering Location Intelligence Software Market Highlights of the Reports:
⋆ Detailed Overview of this Market
⋆ Changes in industry market dynamics
⋆ Detailed market segmentation by type, application, etc.
⋆ The historical, current, and projected market size in terms of quantity and value
⋆ Recent industry trends and developments
⋆ Competition situation of this Market
⋆ Key companies and product strategies
⋆ Potential niche segment/region showing promising growth.

The Primary Objectives in This Report Are:
• To determine the size of the total market opportunity of global and key countries
• To assess the growth potential for Location Intelligence Software
• To forecast future growth in each product and end-use market
• To assess competitive factors affecting the marketplace
• This report profiles key players in the global Location Intelligence Software market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
• This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Scope of the Location Intelligence Software Market Report:
The research examines the key players in the global Location Intelligence Software market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. This study estimates the market size in terms of both values (millions of dollars) and volume (millions of units / K Units). Both top-down and bottom-up techniques were used to estimate and validate the market size of the Location Intelligence Software market, as well as the size of various other dependent submarkets in the overall market. To identify important market participants, secondary research was utilized, and primary and secondary research was employed to determine their market shares. All percentage share splits and breakdowns were calculated using secondary sources and verified sources.

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The final report will add the analysis of the Impact of Covid-19 in this report Location Intelligence Software Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Location Intelligence Software Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Location Intelligence Software Market is analyzed and depicted in the report.

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