Market Analysis and Insights: Global Location Awareness Service Market
Location awareness refers to devices that can passively or actively determine their location. Navigational instruments provide location coordinates for vessels and vehicles. Surveying equipment identifies location with respect to a well-known locationa wireless communications device. Network location awareness (NLA) describes the location of a node in a network.[1][2]
The term applies to navigating, real-time locating and positioning support with global, regional or local scope. The term has been applied to traffic, logistics, business administration and leisure applications. Location awareness is supported by navigation systems, positioning systems and/or locating services.
Location awareness without the active participation of the device is known as non-cooperative locating or detection.
The global Location Awareness Service market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Real-time Locating accounting for % of the Location Awareness Service global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Navigation segment is altered to an % CAGR throughout this forecast period.
China Location Awareness Service market size is valued at US$ million in 2021, while the North America and Europe Location Awareness Service are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Location Awareness Service landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period 2022-2028.
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Global Location Awareness Service Scope and Market Size
Location Awareness Service market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Location Awareness Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Real-time Locating
Fuzzy Locating
Segment by Application
Navigation
Surveying
Business Process
Warehouse and Routing
Consumer
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
IBM
Microsoftn
Cisco Systems
HP Enterprise Company
Google
Oracle
SAP SE
SAS Institute Inc.