Request Free Sample
×
Industry Developments
Recent developments in the Europe Location of Things Market have shown significant growth, particularly with companies like Microsoft and Google expanding their geographic services through enhanced cloud solutions and artificial intelligence capabilities. In September 2023, HERE Technologies introduced new platforms for fleet management, targeting the logistics sector, which has prompted interest from Geotab and TomTom in collaborative innovations. Additionally, in July 2023, Bosch announced a strategic partnership with Siemens to integrate smart building solutions using location services, aiming to enhance user experiences in urban settings. Notably, IBM engaged in a joint venture with Nokia in August 2023 to revolutionize 5G applications for indoor positioning. Furthermore, recent acquisitions have impacted market dynamics; in October 2023, Verizon acquired a small European software firm specializing in location tracking, boosting its technological capabilities in the sector. The overall market valuation within Europe has been on a steep rise, with estimates projecting continued expansion driven by increasing demand for smart city initiatives and supply chain optimization, reinforcing the importance of accurate location data within various industries.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 1.18(USD Billion) |
| MARKET SIZE 2024 | 1.53(USD Billion) |
| MARKET SIZE 2035 | 27.52(USD Billion) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 30.043% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Billion |
| KEY COMPANIES PROFILED | Microsoft, Apple, Verizon, Bosch, IBM, TomTom, Nokia, Google, Geotab, Amazon, SAP, HERE Technologies, Cisco, Siemens |
| SEGMENTS COVERED | Location Type, Regional |
| KEY MARKET OPPORTUNITIES | Smart city development, Enhanced logistics services, Asset tracking solutions, Real-time data analytics, Location-based advertising technologies |
| KEY MARKET DYNAMICS | growing demand for real-time tracking, advancements in IoT technology, increased adoption of smart devices, government initiatives for smart cities, rising need for supply chain optimization |
| COUNTRIES COVERED | Germany, UK, France, Russia, Italy, Spain, Rest of Europe |
Leave a Comment
FAQs
What is the market size of the Europe Location of Things Market in 2024?
In 2024, the Europe Location of Things Market is expected to be valued at 1.53 billion USD.
What is the expected market size of the Europe Location of Things Market by 2035?
By 2035, the market is projected to grow significantly to 27.52 billion USD.
What is the expected compound annual growth rate (CAGR) for the Europe Location of Things Market from 2025 to 2035?
The expected CAGR for the Europe Location of Things Market is 30.043 percent during the forecast period from 2025 to 2035.
What are the values of the indoor and outdoor segments of the market in 2024?
In 2024, the indoor segment is valued at 0.8 billion USD and the outdoor segment is valued at 0.73 billion USD.
What is the projected value of the indoor segment by 2035?
The indoor segment is forecasted to reach a value of 14.12 billion USD by 2035.
Which region is expected to dominate the Europe Location of Things Market in 2024?
Germany is expected to dominate the market with a share valued at 0.45 billion USD in 2024.
What is the expected market size for the UK in 2035?
The UK market is projected to grow to 7.15 billion USD by 2035.
Who are the key players in the Europe Location of Things Market?
Major players in the market include Microsoft, Apple, Verizon, Bosch, IBM, TomTom, Nokia, Google, Geotab, Amazon, SAP, HERE Technologies, Cisco, and Siemens.
What is the market size for France in 2024?
The market size for France is valued at 0.3 billion USD in 2024.
What is the projected value of the outdoor segment by 2035?
The outdoor segment is expected to reach a value of 13.4 billion USD by 2035.
Download Free Sample
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
Noah Malgeri
Co-Founder
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
Joseph Aguayo
Sales Operations & Pricing Manager
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
Peter Groot koerkamp
Account and Business Manager
“Thank you, this will be very helpful for OQS.”
La Terria Dodd
Program Support Specialist
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
Younghwan Choi
Senior Retail Manager
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
Mark Irwin
Management Consultant
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”
Akif Moroglu
Strategy & Business Development Director
Case Study
Aerospace & Defense