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Location-based Advertising Market Size & Share, By Advertising Type (Push, Pull), Type (Geotargeting, Geofencing, Beaconing, Mobile Targeting, Geo-conquesting), End User (Travel & Hospitality, Entertainment & Media, Healthcare), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 4691

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Published Date: Jul-2024

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Format : PDF, Excel

التوقعات السوقية:

Location-based Advertising Market exceeded USD 92.91 Billion in 2023 and is anticipated to cross USD 304.53 Billion by end of the year 2032, observing around 14.1% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 92.91 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

14.1%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 304.53 Billion

19-23 x.x %
24-32 x.x %
Location-based Advertising Market

Historical Data Period

2019-2023

Location-based Advertising Market

Largest Region

North America

Location-based Advertising Market

Forecast Period

2024-2032

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سوق الديناميكية:

Growth Drivers & Opportunity:

The increasing adoption of mobile devices and the rising demand for personalized advertising are driving the growth of the location-based advertising market. This trend is driven by the ability of location-based advertising to target consumers based on their geographical location, providing them with more relevant and timely ads.

Another major growth driver for the location-based advertising market is the growing popularity of location-based services and applications. As more consumers rely on location-based services for navigation, recommendations, and social networking, marketers are increasingly leveraging location data to target them with relevant advertising.

The rising investment in digital advertising and the shift towards mobile advertising are also driving the growth of the location-based advertising market. Marketers are recognizing the potential of location-based advertising to reach consumers on their mobile devices in a more targeted and effective manner, driving increased adoption of this form of advertising.

Report Scope

Report CoverageDetails
Segments CoveredAdvertising Type, Type, And End-User
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledAdobe,, Amazon.Com Inc, Foursquare, Google LLC, GroundTruth, IBM, Meta Platform, Microsoft Near Intelligence, Oracle, Salesforce,, Simpli.fi, Verve Group, X-Mode 9.15 Yext

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Industry Restraints:

The privacy concerns and regulatory challenges pose significant restraints to the growth of the location-based advertising market. Consumers are becoming increasingly concerned about the collection and use of their location data for advertising purposes, leading to regulatory scrutiny and potential restrictions on location-based advertising practices.

The availability of accurate location data and the challenges associated with data quality and accuracy are also major restraints for the location-based advertising market. Marketers rely on precise location data to target consumers effectively, but issues such as data inaccuracies, outdated information, and gaps in coverage can hinder the effectiveness of location-based advertising campaigns.

التوقعات الإقليمية:

Location-based Advertising Market

Largest Region

North America

30% Market Share in 2023

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North America is expected to hold a significant share in the location-based advertising market, with the United States leading the region in terms of market revenue. The increasing adoption of smartphones and the prevalence of digital marketing strategies are driving the growth of the location-based advertising market in North America. Canada also contributes to the region's market growth, with a growing number of businesses leveraging location-based advertising to target consumers effectively.

In the Asia Pacific region, China is anticipated to witness substantial growth in the location-based advertising market due to the widespread use of mobile devices and advancements in location-based technology. Japan and South Korea are also key markets, with a growing number of organizations investing in location-based advertising solutions to enhance their marketing efforts and engage with consumers in a more targeted manner.

Europe, particularly the United Kingdom, Germany, and France, is expected to experience steady growth in the location-based advertising market. The increasing focus on digital advertising and the adoption of location-based targeting strategies are driving the market growth in these countries. Businesses in the region are increasingly incorporating location data into their advertising campaigns to deliver personalized and relevant content to their target audience.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Location-based Advertising Market
Location-based Advertising Market

تحليل التجزئة:

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In terms of segmentation, the global Location-based Advertising market is analyzed on the basis of Advertising Type, Type, And End-User.

Location-based Advertising Market

The Location-based Advertising Market can be segmented by Advertising Type into Push and Pull advertising. Push advertising involves sending targeted messages to users based on their location, while Pull advertising requires users to actively engage with the advertisement to receive location-based information.

Type of Location-based Advertising

Within the Location-based Advertising Market, different types of advertising methods are utilized, including Geotargeting, Geofencing, Beaconing, Mobile Targeting, and Geo-conquesting. Geotargeting involves targeting advertisements to specific geographic locations, while Geofencing sets up virtual boundaries to trigger location-based ads. Beaconing uses Bluetooth technology to send targeted messages to users in proximity, and Mobile Targeting delivers ads to users based on their mobile device's location. Geo-conquesting targets users who are in the vicinity of a competitor's location to promote a different service or product.

End Users of Location-based Advertising

The Location-based Advertising Market caters to various end users, including Travel & Hospitality, Entertainment & Media, and Healthcare industries. Travel & Hospitality businesses utilize location-based advertising to promote services and attractions to tourists in specific locations. Entertainment & Media companies use location-based advertising to target audiences attending events or visiting venues. Healthcare providers leverage location-based advertising to reach patients in need of medical services in their vicinity.

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مشهد تنافسي:

The location-based advertising market is characterized by rapid growth and intense competition as businesses leverage geolocation technologies to provide targeted marketing solutions. Companies in this sector are focusing on enhancing user engagement through personalized ad placements, driven by the increasing use of smartphones and GPS-enabled devices. The market landscape includes a mix of established tech giants and innovative startups that offer a range of services, such as mobile advertising, proximity marketing, and location analytics. As consumer privacy concerns rise, companies are also emphasizing transparent data practices and compliance with regulations, such as GDPR, to build trust and ensure sustainable growth. The competitive environment fosters continuous innovation, with firms investing in advanced technologies like artificial intelligence and machine learning to refine their advertising strategies and optimize customers' experiences.

Top Market Players

- Google

- Facebook

- Foursquare

- GroundTruth

- xAd

- Blis

- Near

- Snapchat

- Yelp

- AdColony

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Location-based Advertising Market Size & Share, By...

RD Code : 24