Location Intelligence Market Size, Share, Growth Analysis, Component (Software, Services), By Location Type (Indoor, Outdoor), By Deployment (On-Premises and Cloud), By Region -Industry Forecast 2025-2032

Global Location Intelligence Market size was valued at USD 16.28 Billion in 2022 and is poised to grow from USD 18.85 Billion in 2023 to USD 60.95 Billion by 2031, growing at a CAGR of 15.8% in the forecast period (2024-2031).

The location intelligence market is growing rapidly due to the rising penetration of smart devices and increasing investments in IoT and network services. These advanced technologies allow the operations of smart applications and improve network connectivity. Furthermore, the COVID-19 pandemic has also increased the adoption of location intelligence solutions because businesses are using these tools for understanding the changing market dynamics, improve operations, and enhance customer experience. These are done through data analysis, mapping, and location-based insights. Industries like retail, transportation, and healthcare are also adopting location intelligence to enhance their supply chain management, asset tracking, and personalized marketing. These factors are cumulatively propelling the location intelligence market growth.

The market expansion is also boosted by the increasing usage of smart devices like smartphones, tablets, and IoT-connected devices. These devices have become extremely important for both consumers and enterprises. These devices also have the ability to generate huge amount of location-based data that businesses can utilize to gain information about customer behavior, improve operations, and enhance decision-making. Moreover, the increasing adoption of advanced network services improves connectivity, making real-time location intelligence more accessible and efficient.