Global Location Based Marketing Market Growth (Status and Outlook) 2023-2029

Global Location Based Marketing Market Growth (Status and Outlook) 2023-2029

Location-based marketing (LMS) is a direct marketing strategy that uses a mobile device's location to alert the device's owner about an offering from a near-by business. Typically, location-based alerts are delivered to smartphones through SMS text messages. An alert may include information about a local business' deal of the day or include a purchasing incentive, such as a discount coupon code.

LPI (LP Information)' newest research report, the “Location Based Marketing Industry Forecast” looks at past sales and reviews total world Location Based Marketing sales in 2022, providing a comprehensive analysis by region and market sector of projected Location Based Marketing sales for 2023 through 2029. With Location Based Marketing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Location Based Marketing industry.

This Insight Report provides a comprehensive analysis of the global Location Based Marketing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Location Based Marketing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Location Based Marketing market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Location Based Marketing and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Location Based Marketing.

The global Location Based Marketing market size is projected to grow from US$ 45690 million in 2022 to US$ 144540 million in 2029; it is expected to grow at a CAGR of 17.9% from 2023 to 2029.

United States market for Location Based Marketing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Location Based Marketing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Location Based Marketing is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Location Based Marketing players cover Google, Groupon, Groundtruth, Placecast, PlaceIQ, Scanbuy, Shopkick, Telenity and AdMoove, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Location Based Marketing market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Banner Display/Pop ups
Video
Search Result
E-mail and Message
Social Media Content
Voice Calling

Segmentation by application
Retail
Hospitality
Healthcare
BFSI
Education
Technology and Media
Transportation and Logistics
Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Google
Groupon
Groundtruth
Placecast
PlaceIQ
Scanbuy
Shopkick
Telenity
AdMoove
AdNear
Foursquare

Please note: The report will take approximately 2 business days to prepare and deliver.