According to this latest publication from Meticulous Research®, the Asia-Pacific location intelligence market is projected to reach $24.6 billion by 2030, at a CAGR of 15.4% from 2023–2030. The growth of the Asia-Pacific location intelligence market is mainly driven by the proliferation of location-based solutions in the retail sector, the growing use of spatial data and analytics across industries, and the increasing need for asset management in the industrial sector. However, dynamic government rules and regulations for location-based services and the lack of awareness and spatial intelligence expertise in the region are factors restraining the growth of this market.

Furthermore, the growing adoption of drones for various applications and the constant upgrades in mapping and navigation solutions are expected to generate growth opportunities for market stakeholders. However, high procurement and implementation costs and security, privacy, and accuracy issues pose major challenges to market growth. Additionally, the use of 5G technology for improved real-time analysis and the development of GIS software using AR/VR technologies are prominent trends in the Asia-Pacific location intelligence market.

The Asia-Pacific location intelligence market is segmented by offering (solutions and services), deployment mode (on-premise deployment and cloud-based deployment), organization size (large enterprises and small & medium-sized enterprises), sector (transportation & logistics, retail & e-commerce, government & defense, BFSI, travel & tourism, IT & telecom, media & entertainment, construction, marketing & advertising, utility, energy, and other sectors). The study also evaluates industry competitors and analyzes the market at the country and regional levels.

Scope of the Report:

Asia-Pacific Location Intelligence Market Assessment, by Offering

Solutions
Services
Asia-Pacific Location Intelligence Market Assessment, by Deployment Mode

On-premise Deployment
Cloud-based Deployment
Asia-Pacific Location Intelligence Market Assessment, by Organization Size

Large Enterprises
Small & Medium-sized Enterprises
Based on sector, the Asia-Pacific location intelligence market is segmented into transportation & logistics, retail & e-commerce, media & entertainment, BFSI, government & defense, IT & telecommunications, energy, utility, marketing & advertising, travel & tourism, construction, and other sectors. In 2023, the transportation & logistics segment is expected to account for the largest share of the Asia-Pacific location intelligence market. The large market share of this segment is attributed to the increasing need for real-time tracking of vehicles using GPS, the growing use of location intelligence tools to analyze traffic patterns and congestion in real time, and the increasing use of location intelligence tools for route optimization.

However, the retail & e-commerce segment is projected to register the highest CAGR during the forecast period due to the rising need for location data for targeted marketing campaigns, the increasing popularity of location-based survey & feedback collection tools, the growing use of retail asset management tools, and the increasing need for supply chain management in the retail sector.

Based on country/region, the Asia-Pacific location intelligence market is segmented into China, Japan, India, Singapore, South Korea, Australia & New Zealand, Taiwan, Indonesia, Thailand, the Philippines, Malaysia, Vietnam, and the Rest of Asia-Pacific. In 2023, China is expected to account for the largest share of the Asia-Pacific location intelligence market. China’s large market share is attributed to the country’s high penetration of mobile devices, large customer base for consumer solutions, and rising deployments of map-based platforms across Chinese organizations.

Also, China is projected to register the highest CAGR during the forecast period.

Key Players

The key players operating in the Asia-Pacific location intelligence market are HERE International B.V. (Netherlands), Google LLC (U.S.), TomTom N.V. (Netherlands), Esri (U.S.), Mapbox, Inc. (U.S.), Autodesk, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Trimble Inc. (U.S.), Qualcomm Technologies, Inc. (U.S.), Pitney Bowes Inc. (U.S.), Hexagon AB (Sweden), Microsoft Corporation (U.S.), CartoDB Inc. (U.S.), TIBCO Software Inc. (U.S.), and Precisely (U.S.).

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Key Questions Answered in the Report:

Which are the high-growth market segments in terms of offering, deployment mode, organization size, and sector?
What is the historical market size for the Asia-Pacific location intelligence market?
What are the market forecasts and estimates for 2023–2030?
What are the major drivers, restraints, opportunities, challenges, and trends in the Asia-Pacific location intelligence market?
What are the trends, and which are the high-growth countries in this market?
Who are the local emerging players in the Asia-Pacific location intelligence market, and how do they compete with other players?

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