The United States location-based services market is valued at USD 11.36 billion in the current year. It is expected to register a CAGR of 14.24% during the forecast period to become USD 22.11 billion by the next five years.
The United States location services market exhibits a moderate level of fragmentation, featuring several prominent players such as IBM Corporation, Cisco Systems Inc., Google LLC, HPE Aruba Inc., and numerous others. These companies consistently invest in strategic partnerships and product development initiatives to secure a significant share of the market. Recent developments in this dynamic market include:
In April 2023, Intelloger, a leading IT consulting and business management solution provider, joined forces with Navigine, a global provider of integrated positioning and tracking technologies. This strategic partnership aims to deliver innovative Real-Time Location Solutions. By combining their respective expertise, these companies are poised to provide exceptional services and cutting-edge technologies that cater to the evolving needs of organizations across various sectors. Intelloger has earned a reputation as a trusted provider of business management solutions, offering services such as IT consulting, digital transformation, and Oracle solutions.
In April 2023, Bodytrak, a key player in intelligent, smart, and connected safety solutions that transmit real-time physiological data to command centers for first responders, announced a collaboration with NextNav, a leader in location technology. This partnership seeks to integrate mission-critical z-axis location intelligence capabilities into Bodytrak's product offerings. Despite advancements in customer wearable technology in recent years, emergency services personnel require more rugged solutions capable of active monitoring, which can endure hazardous environments and various on-duty risk factors.
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