Location Based Advertising Market

Location Based Advertising Market Size, Share, Growth Analysis, By Type(Push, Pull), By Content(Text, Multimedia), By Application(Retail Outlets, Public Spaces, Airports, Others), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2025-2032


Report ID: UCMIG50J2008 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Location Based Advertising Market Insights

Market Overview:

The worldwide market for location-based advertising was worth USD 62.35 billion in 2019 and is predicted to achieve a CAGR of 17.4% from 2020 to 2027. The market is being driven by the rapid growth of digitalization in various sectors, the increased use of internet and GPS-enabled mobile devices, and the growing application of consumer data by marketers.

Location Based Advertising Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
ForecastGrowthRate
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Interactive Media & Services by segment aggregation, the contribution of the Interactive Media & Services in Media & Entertainment and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Location Based Advertising was estimated to be valued at US$ XX Mn in 2021.

The Location Based Advertising Market is estimated to grow at a CAGR of XX% by 2028.

The Location Based Advertising Market is segmented on the basis of Type, Content, Application, Regional.

Based on region, the Location Based Advertising Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Location Based Advertising Market are AdMoove, Emodo (Placecast), Facebook Inc., Foursquare, Google Inc., GroundTruth, IBM Corporation, Near Pte Ltd., Proximus Mobility, LLC., Telenity.

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Location Based Advertising Market

Report ID: UCMIG50J2008

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