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Location-based Advertising Market Forecast

Report ID: FBI 4691

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Published Date: Jul-2024

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Format : PDF, Excel

Regional Forecast:

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.

Location-based Advertising Market

Largest Region

North America

30% Market Share in 2023

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

RD Code : 24