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.
This report contains market size and forecasts of Location Based Marketing in Global, including the following market information:
Global Location Based Marketing Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Location Based Marketing market was valued at 48060 million in 2021 and is projected to reach US$ 139960 million by 2028, at a CAGR of 16.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Banner Display/Pop ups Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Location Based Marketing include Google, Groupon, Groundtruth, Placecast, PlaceIQ, Scanbuy, Shopkick, Telenity and AdMoove, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Location Based Marketing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Location Based Marketing Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Location Based Marketing Market Segment Percentages, by Type, 2021 (%)
Banner Display/Pop ups
Video
Search Result
E-mail and Message
Social Media Content
Voice Calling
Global Location Based Marketing Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Location Based Marketing Market Segment Percentages, by Application, 2021 (%)
Retail
Hospitality
Healthcare
BFSI
Education
Technology and Media
Transportation and Logistics
Automotive
Others
Global Location Based Marketing Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Location Based Marketing Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Location Based Marketing revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Location Based Marketing revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google
Groupon
Groundtruth
Placecast
PlaceIQ
Scanbuy
Shopkick
Telenity
AdMoove
AdNear
Foursquare