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Location Intelligence Market By Service (Consulting, System Integration, Others), By Application (Workforce Management, Asset Management, Facility Management, Risk Management, Remote Monitoring), By Industry Vertical (Retail and Consumer Goods, Government & Defense, Manufacturing & Industrial, Transportation & Logistics, IT & Telecom, Utilities & Energy, Media & Entertainment, Others) - Growth, Future Prospects, and Competitive Analysis, 2019 - 2027

Key Market Insights

"Rapid Adoption of Advanced Technologies expected to uplift the Global Location Intelligence Market"

The global location intelligence market was valued at US$ 9.22 Bn in the year 2018 and expected to reach US$ 36.68 Bn by the year 2027, expanding at a CAGR of 16.7% during the forecast from 2019 to 2027.

More than 80% of all data maintained by organizations around the world has a location component. Just like the CRM-style analytical solutions of a decade ago, location intelligence offers value to an organization by using sophisticated technology and analysis to help executives and enterprise level users alike make critical business decisions.

Using economics, demographics, physical geography and other data pertaining to location, location intelligence helps detect patterns, risks, and opportunities often difficult to see in a basic spreadsheet analysis. For financial, insurance, communications, and retail operations, location intelligence provides very specific benefits, which translate to increased revenues, reduced costs, and improved efficiency for any organization. Yet many high-level executives still have not embraced this technology.

Market Synopsis

Service Analysis

"Consulting Service expected to grow at a Rapid Rate during the Forecast Period"

The system integration segment accounted for the largest market share of over 45% in 2018. Many industries seek help from system integrators to integrate location intelligence tools with their assets, business processes, and products to be able to collect a variety of information which can be further analyzed to infer meaningful insights. System integration segment is projected to witness the highest demand in near future, owing to the increasing need to integrate new data sources with the rising adoption of IoT and the ever-increasing location-based data.

The consulting segment is expected to expand at a CAGR of approximately 14% over the forecast period. Location intelligence helps consult the companies to gather, analyze, and examine relevant information and offer a more accurate opinion to other organizations. Various industries take advice for integrating location intelligence tools with their business processes from location intelligence and IoT consulting firms.

Regional Analysis

"North America held the Largest Revenue Share in the Global Location Intelligence Market in 2018"

Presently, North America is the largest shareholder in the location intelligence market. In North America, the US and Canada are the two major contributors to the overall location intelligence market growth. The US holds a higher market share in the location intelligence market. In the US, the government and defense, and telecommunication and IT verticals are expected to majorly contribute to the market growth. The growth in North America is attributed to the rising technological advancements, increasing industry standards for location-based technologies, and growing financial support from the governments. The region has also witnessed the emergence of startups in the location intelligence market. It has been the most promising region across verticals, such as BFSI, healthcare and life sciences, and telecommunications and IT. The government sector has also joined the race to become a technologically advanced sector for catering to a broad customer base. The region houses some of the biggest retail companies. In terms of adoption, North America is contributing significantly to the market and expected to grow further.

Key Players & Competitive Landscape:

  • The Global Location Intelligence Market is a Highly Competitive Market with Presence of Large Number of Players
  • The global location intelligence market is a fragmented market with the presence of large number of small and large players.

List of Companies Covered:

  • Pitney Bowes Inc.
  • Apple Inc.
  • Qualcomm Technologies
  • Wireless Logic
  • HERE Technologies
  • Bosch Software Innovations GmbH
  • Trimble Inc.
  • SAS Institute Inc.
  • Esri
  • Oracle Corporation
  • Microsoft Corporation
  • GeoMoby
  • Alteryx
  • Lepton Software
  • Quuppa
  • IBM Corporation

Key Industry Development:

  • In May 2019, Esri released new software ArcGIS 10.7. This will be beneficial to individuals who are not traditional GIS users. With the release of ArcGIS 10.7, Esri Geospatial Cloud unifies its software and services and offers flexible, subscription-based licensing.
  • In April 2019, Esri signed a contract with Lithuanian Transport Safety Administration (LTSA), Hydrography Division. As per the contract LTSA would partner with the company to implement a new seabed database and nautical cartography system.

Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The research study titled location intelligence market offers market size and forecasts based on market dynamics and predominant trends shaping the industry. The report provides all round view of the global location intelligence market based on service, application, industry vertical, and geography. Key segments covered in the report are as follows: 

Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion

 Service Segment (2017–2027; US$ Bn)
 • Consulting
 • System Integration
 • Others

 Application Segment (2017–2027; US$ Bn)
 • Workforce Management
 • Asset Management
 • Facility Management
 • Risk Management
 • Remote Monitoring
 • Sales & Marketing Optimization 
 • Customer Management
 • Others

 Industry Vertical Segment (2017–2027; US$ Bn)
 • Retail & Consumer Goods
 • Government & Defense
 • Manufacturing & Industrial
 • Transportation & Logistics
 • IT & Telecom
 • Utilities & Energy
 • Media & Entertainment
 • Others 

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S, Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the global market size of location intelligence in 2017 & 2018?
  • What is estimated forecast and market projections up to 2027?
  • Which is largest regional market for location intelligence?
  • Which service is largely preferred for location intelligence on global scale?
  • Which is the most lucrative application in global location intelligence market?
  • Which are the predominant trends shaping the global location intelligence market?
  • Which is the most promising, attractive, and less-explored region in the global location intelligence market?
  • Who are the leading players in the global location intelligence market?
  • What are the premiere strategies adopted by the leading players in the global location intelligence market?
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Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
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Published Date:  Sep 2020
Category:  IT & Telecom
Report ID:   60265
Report Format:   PDF
Pages:   120
Rating:    4.2 (69)
Delivery Time: 24 Hours to 48 Hours   
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