How big is the Location Services Market | Size, Share & Growth Outlook 2025

Code: MTA7797 Publication Date: Aug 2025

How big is the location services market?

According to 6Wresearch internal database and industry insights, the Location Services Market was valued at USD 29.8 Billion in 2024 and is expected to reach USD 74.6 Billion by 2031, growing at a compound annual growth rate of 14.0% during the forecast period of 2025 to 2031.

The market is expanding due to increasing adoption of GPS-enabled devices, rising demand for real-time location tracking in logistics, retail, and emergency services, and the integration of location intelligence into business analytics.

Key Growth Drivers of the Location Services Market

  • Proliferation of GPS-enabled smartphones and connected devices
  • Growing demand for location-based advertising and personalized marketing
  • Adoption of geofencing and tracking in logistics and supply chain management
  • Use of location analytics for urban planning and infrastructure development
  • Rising importance of location data in emergency response and disaster management

Location Services Market Trends

Location services market is witnessing trends such as the integration of AI and big data analytics to derive actionable insights from location data, growing use of indoor positioning systems for large venues like malls and airports, and expansion of IoT-based asset tracking. The implementation of 5G is improving the precision of location and cutting down latency of mission critical operations. Service providers are also getting concerned about privacy-based solutions and regulations compliance.

Emerging Developments in the Location Services Market

Location services market is experiencing developments such as the deployment of ultra-wideband (UWB) technology for high-precision indoor tracking, adoption of satellite-based augmentation systems (SBAS) to improve GPS accuracy, and the rise of crowdsourced location data for mapping underserved areas. Telecom-tech-car partnerships are helping to speed deployments of connected vehicle location through services. Other efforts to improve trust and data security are through blockchain-based location verification systems.

List of Leading Companies in the Location Services Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Google LLC

Company NameGoogle LLC
Established Year1998
HeadquartersMountain View, California, USA
Official WebsiteClick Here

Provides Google Maps Platform for navigation, geospatial analytics, and location-based insights.

2. HERE Technologies

Company NameHERE Technologies
Established Year1985
HeadquartersAmsterdam, Netherlands
Official WebsiteClick Here

Delivers mapping & location services for automotive, enterprise, and IoT applications worldwide.

3. Apple Inc.

Company NameApple Inc.
Established Year1976
HeadquartersCupertino, California, USA
Official WebsiteClick Here

Offers Maps, GPS tracking & geofencing integrated into Apple devices.

4. TomTom International BV

Company NameTomTom International BV
Established Year1991
HeadquartersAmsterdam, Netherlands
Official WebsiteClick Here

Provides digital mapping, GPS navigation & real-time traffic solutions.

5. Microsoft Corporation (Bing Maps)

Company NameMicrosoft Corporation (Bing Maps)
Established Year1975
HeadquartersRedmond, Washington, USA
Official WebsiteClick Here

Powers location-based services with Bing Maps APIs, spatial analytics & geocoding.

6. Foursquare Labs, Inc.

Company NameFoursquare Labs, Inc.
Established Year2009
HeadquartersNew York, USA
Official WebsiteClick Here

Provides location intelligence APIs for foot traffic, user behaviour & geospatial analytics.

7. Esri

Company NameEsri
Established Year1969
HeadquartersRedlands, California, USA
Official WebsiteClick Here

Leads in GIS & location services, supporting geographic visualization & decision-making.

8. Mapbox

Company NameMapbox
Established Year2010
HeadquartersWashington, USA
Official WebsiteClick Here

Delivers mapping APIs & SDKs for navigation & interactive geospatial apps.

9. Trimble Inc.

Company NameTrimble Inc.
Established Year1978
HeadquartersSunnyvale, California, USA
Official WebsiteClick Here

Provides location-based solutions for agriculture, logistics, and construction using GNSS & mapping.

10. SAP SE

Company NameSAP SE
Established Year1972
HeadquartersWalldorf, Germany
Official WebsiteClick Here

Integrates location services into enterprise applications for supply chain & logistics optimization.

How big is the Location Services Market : FAQ's

It was valued at USD 29.8 Billion in 2024 and is projected to reach USD 74.6 Billion by 2031.
The location services market is expected to grow at a CAGR of 14.0% from 2025 to 2031.
GPS device proliferation, demand for location-based marketing, and logistics tracking adoption.
AI-driven location analytics, indoor positioning, and IoT-based asset tracking.
North America leads in technology adoption, while Asia-Pacific experiences rapid growth in retail and smart city projects.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All