Location Intelligence Market size is anticipated to reach USD 51.25 billion by 2030
Location Intelligence Industry Overview The global location intelligence market size was valued at USD 14.0 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 15.6% from 2022 to 2030. The market for location intelligence is primarily driven by the increasing investments in the Internet of Things (IoT) and the growing penetration of smart devices and network services, as it enables smarter applications and better connectivity. The spread of the COVID-19 pandemic resulted in increased adoption of location intelligence solutions to manage the changing business scenarios. These solutions help businesses analyze, map, and share data in terms of the location of their customers. Additionally, healthcare and government organizations implemented location-based solutions for vaccination drives to carry out successful COVID-19 public health strategies. The use of location analytics is expected to aid enterprises in coping with the uncertainties ...