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    US Location of Things Market

    ID: MRFR/ICT/13910-HCR
    100 Pages
    Garvit Vyas
    October 2025

    US Location of Things Market Research Report: By Location Type (Indoor, Outdoor) - Forecast to 2035

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    US Location of Things Market Infographic
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    US Location of Things Market Summary

    As per MRFR analysis, the US location of-things market size was estimated at 1500.0 USD Million in 2024. The US location of-things market is projected to grow from 1939.35 USD Million in 2025 to 25300.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 29.29% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US location of-things market is experiencing robust growth driven by technological advancements and evolving consumer expectations.

    • The largest segment in the US location of-things market is the logistics and supply chain sector, which is witnessing increased adoption of IoT devices.
    • The fastest-growing segment is the smart city initiatives, reflecting a strong integration of location-based services.
    • There is a heightened focus on data privacy and security as consumers become more aware of their personal information.
    • Key market drivers include rising demand for real-time location services and advancements in wireless communication technologies.

    Market Size & Forecast

    2024 Market Size 1500.0 (USD Million)
    2035 Market Size 25300.0 (USD Million)

    Major Players

    Google (US), Apple (US), Amazon (US), Microsoft (US), IBM (US), Cisco (US), Qualcomm (US), Samsung (KR), Huawei (CN)

    US Location of Things Market Trends

    the location of-things market is currently undergoing transformation, driven by advancements in technology and increasing demand for real-time data. This market encompasses a variety of applications, including asset tracking, fleet management, and smart city initiatives. As organizations seek to optimize operations and enhance customer experiences, the integration of location-based services has become paramount. The proliferation of Internet of Things (IoT) devices further fuels this growth, enabling seamless connectivity and data exchange. Consequently, businesses are increasingly investing in location intelligence to gain insights into consumer behavior and operational efficiency. Moreover, regulatory frameworks and government initiatives are playing a crucial role in shaping the landscape of the location of-things market. Policies aimed at enhancing infrastructure and promoting innovation are likely to encourage further adoption of location-based technologies. The emphasis on data privacy and security is also becoming more pronounced, as stakeholders navigate the complexities of managing sensitive information. Overall, the location of-things market is set for continued expansion, with a focus on enhancing accuracy, reliability, and user experience.

    Increased Adoption of IoT Devices

    The rise in the use of IoT devices is significantly impacting the location of-things market. Organizations are leveraging these devices to gather real-time data, which enhances operational efficiency and decision-making processes. This trend indicates a shift towards more connected environments, where data-driven insights are crucial for success.

    Focus on Data Privacy and Security

    As the location of-things market evolves, concerns regarding data privacy and security are becoming more prominent. Stakeholders are increasingly prioritizing the implementation of robust security measures to protect sensitive information. This focus suggests a growing awareness of the importance of safeguarding user data in a technology-driven landscape.

    Integration with Smart City Initiatives

    The location of-things market is closely linked to the development of smart city initiatives. Cities are adopting location-based technologies to improve urban planning, transportation, and public services. This integration highlights the potential for enhanced quality of life and operational efficiency in urban environments.

    US Location of Things Market Drivers

    Increased Investment in Smart Infrastructure

    Investment in smart infrastructure is a key driver for the location of-things market, as cities and municipalities across the US are increasingly adopting smart technologies to improve urban living. This trend is reflected in the allocation of funds for smart city projects, which often incorporate location-based services to enhance public safety, traffic management, and resource allocation. Recent reports indicate that US cities are projected to invest over $100 billion in smart infrastructure by 2027. This influx of capital is likely to stimulate the location of-things market, as it encourages the development of innovative solutions that integrate seamlessly with existing urban frameworks, ultimately enhancing the quality of life for residents.

    Growing Emphasis on Supply Chain Optimization

    The location of-things market is being propelled by a growing emphasis on supply chain optimization among businesses in the US. Companies are increasingly recognizing the value of location data in streamlining operations, reducing costs, and improving service delivery. The integration of location-based technologies allows organizations to track assets in real-time, manage inventory more effectively, and enhance logistics planning. As of November 2025, it is estimated that businesses utilizing location-based solutions for supply chain management could see efficiency improvements of up to 30%. This trend underscores the critical role that location data plays in driving operational excellence, thereby fostering growth within the location of-things market.

    Rising Demand for Real-Time Location Services

    The location of-things market is experiencing a notable surge in demand for real-time location services, driven by the increasing need for businesses to enhance operational efficiency. Industries such as logistics, retail, and healthcare are leveraging these services to optimize supply chain management and improve customer experiences. According to recent data, the market for real-time location services in the US is projected to grow at a CAGR of approximately 25% over the next five years. This growth is indicative of a broader trend where organizations are prioritizing location-based insights to make informed decisions. As companies seek to harness the power of location data, the location of-things market is likely to expand, providing innovative solutions that cater to diverse industry needs.

    Advancements in Wireless Communication Technologies

    The evolution of wireless communication technologies is significantly impacting the location of-things market. Innovations such as 5G networks are enabling faster and more reliable data transmission, which is crucial for location-based applications. The enhanced bandwidth and reduced latency associated with 5G are expected to facilitate the deployment of advanced location services across various sectors, including transportation and smart infrastructure. As of November 2025, it is estimated that 5G adoption in the US will reach approximately 60%, further driving the demand for location-based solutions. This technological advancement not only enhances user experiences but also opens new avenues for businesses to leverage location data effectively, thereby propelling the growth of the location of-things market.

    Rising Consumer Expectations for Personalized Experiences

    Consumer expectations for personalized experiences are shaping the landscape of the location of-things market. As individuals increasingly seek tailored services, businesses are leveraging location data to deliver customized offerings that resonate with their target audiences. This trend is particularly evident in sectors such as retail and hospitality, where location-based marketing strategies are becoming more prevalent. Data suggests that approximately 70% of consumers are more likely to engage with brands that provide personalized experiences based on their location. Consequently, businesses are investing in location technologies to meet these expectations, driving the expansion of the location of-things market as they strive to enhance customer satisfaction and loyalty.

    Market Segment Insights

    By Location Type: Indoor (Largest) vs. Outdoor (Fastest-Growing)

    In the US location of-things market, the Indoor segment holds the largest market share, due to its widespread applicability across various industries including retail, healthcare, and logistics. The significant investment in smart technologies for indoor environments has enabled enhanced monitoring, tracking, and security, solidifying its leading position. Conversely, while the Outdoor segment currently captures a smaller share, it is gaining traction as more organizations realize the benefits of real-time location data for asset management and environmental monitoring. Growth trends in the US location of-things market indicate a robust increase in both segments, fueled by advancements in IoT technology and the necessity for improved operational efficiency. The Outdoor segment is particularly benefiting from the rise in smart city initiatives and the growing demand for data analytics related to outdoor assets. Enhanced infrastructure and connected devices are driving innovation and adoption in outdoor applications, positioning it as the fastest-growing segment in the market.

    Indoor (Dominant) vs. Outdoor (Emerging)

    The Indoor segment is characterized by its dominance in the US location of-things market, driven by applications in smart buildings, inventory management, and facility optimization. Businesses leverage indoor positioning systems to enhance customer experiences and streamline operational efficiencies. Meanwhile, the Outdoor segment, while emerging, is quickly gaining prominence with the increasing need for asset tracking in logistics and transportation, as well as in connected infrastructure in smart cities. Its adaptability to various outdoor environments allows for diverse use cases, making it a key area for growth in the competitive landscape.

    By Applications: IoT Asset Management (Largest) vs. IoT Location Intelligence (Fastest-Growing)

    In the US location of-things market, the distribution of market share across applications shows a clear dominance of IoT Asset Management, which has successfully captured a significant portion of the market. This application excels in providing businesses with tools for tracking and managing their physical assets through the integration of IoT technologies, thus enabling better operational efficiency. Meanwhile, IoT Location Intelligence, although smaller in share, is rapidly gaining traction due to its ability to transform location data into actionable insights, allowing businesses to enhance their decision-making processes. Growth trends in the US location of-things market indicate that while IoT Asset Management remains a dominant player, IoT Location Intelligence is emerging as a key growth area. Factors driving this growth include the increasing need for real-time data analysis and spatial awareness in business operations, as companies seek to optimize resource allocation and enhance customer experiences. As the technology continues to evolve, new solutions are likely to expand the capabilities of location intelligence, further fueling its adoption across various sectors.

    Applications: IoT Asset Management (Dominant) vs. IoT Location Intelligence (Emerging)

    IoT Asset Management is recognized as the dominant application in the US location of-things market, offering comprehensive solutions for tracking, managing, and optimizing physical assets through IoT connectivity. This application is essential for industries that rely on inventory and asset efficiency. In contrast, IoT Location Intelligence is viewed as an emerging segment that leverages powerful location data analytics. As businesses increasingly recognize the value of geospatial data, this application is set to grow significantly. Both segments are crucial for enhancing operational efficiencies; however, IoT Location Intelligence's potential for innovation and real-time insights positions it for rapid expansion in the years ahead.

    By Vertical: Retail (Largest) vs. Healthcare (Fastest-Growing)

    In the US location of-things market, the retail sector holds the largest market share, driven by the increasing adoption of IoT solutions for enhanced customer experiences and operational efficiency. Meanwhile, healthcare is emerging as a significant segment, rapidly gaining traction due to the rising demand for remote patient monitoring and telehealth services, which are transforming the traditional healthcare delivery model. The growth trends in these segments are largely influenced by technological advancements and changing consumer behaviors. Retail is leveraging IoT to streamline inventory management and customer engagement, while healthcare's expansion is fueled by an aging population and advancements in wearable technology. As these sectors evolve, they are set to reshape the landscape of the US location of-things market.

    Retail: Dominant vs. Healthcare: Emerging

    The retail segment is characterized by its extensive use of IoT devices for inventory management, customer insights, and improving in-store experiences. Retailers are adopting smart shelves, beacons, and other connected technologies to enhance operational efficiency and customer engagement. On the other hand, the healthcare segment is rapidly emerging with innovative IoT applications that facilitate remote monitoring and telemedicine. The growth in this segment is propelled by the need for efficient patient care solutions and the integration of advanced sensors in medical devices. Both segments are crucial in highlighting the transformative potential of IoT technology in various aspects of everyday life, signifying a shift towards more connected and intelligent environments.

    Get more detailed insights about US Location of Things Market

    Key Players and Competitive Insights

    The location of-things market is currently characterized by a dynamic competitive landscape, driven by rapid technological advancements and increasing demand for real-time data analytics. Major players such as Google (US), Apple (US), and Amazon (US) are at the forefront, each adopting distinct strategies to enhance their market positioning. Google (US) focuses on leveraging its extensive cloud infrastructure to provide location-based services, while Apple (US) emphasizes privacy and user experience in its location services. Amazon (US), on the other hand, is integrating location intelligence into its logistics and supply chain operations, thereby enhancing efficiency and customer satisfaction. Collectively, these strategies contribute to a competitive environment that is increasingly reliant on innovation and technological integration.

    Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance responsiveness to consumer needs. The competitive structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to emerge, yet the dominance of major corporations like Microsoft (US) and IBM (US) in providing enterprise solutions indicates a concentrated influence in specific areas of the market.

    In October 2025, Microsoft (US) announced a strategic partnership with a leading telecommunications provider to enhance its Azure location services. This collaboration aims to integrate advanced geospatial analytics into cloud offerings, thereby enabling businesses to make data-driven decisions based on real-time location data. The significance of this move lies in Microsoft's commitment to expanding its capabilities in the location of-things market, positioning itself as a leader in providing comprehensive solutions for enterprises.

    In September 2025, Apple (US) unveiled a new feature in its Maps application that utilizes machine learning algorithms to provide users with personalized location-based recommendations. This innovation not only enhances user engagement but also reflects Apple's ongoing focus on integrating advanced technologies into its services. The strategic importance of this development is underscored by the potential to increase user retention and attract new customers, thereby solidifying Apple's competitive edge in the market.

    In August 2025, Amazon (US) launched a new suite of location-based services aimed at optimizing its delivery logistics. By utilizing real-time location data, Amazon (US) seeks to improve delivery times and reduce operational costs. This strategic initiative highlights Amazon's commitment to leveraging location intelligence as a core component of its business model, potentially reshaping the logistics landscape in the e-commerce sector.

    As of November 2025, current trends in the location of-things market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are increasingly shaping the competitive landscape, fostering innovation and collaboration. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and enhanced customer experiences. This shift suggests that companies will need to invest significantly in R&D and strategic partnerships to maintain their competitive advantage.

    Key Companies in the US Location of Things Market market include

    Industry Developments

    Recent developments in the US Location of Things Market reveal significant advancements and collaborations among key players. Apple has enhanced its location services, particularly with the integration of augmented reality features in Apple Maps, aimed at improving navigation experiences. Oracle continues to invest in cloud-based location intelligence solutions, increasing its market traction. In a notable acquisition, Microsoft acquired a location analytics startup in April 2023, augmenting its Azure services to incorporate advanced geospatial capabilities. Cisco has launched innovative networking solutions aimed at ensuring real-time location tracking for smart cities. Inflation and supply chain disruptions, however, have affected growth projections.

    As of September 2023, companies like Qualcomm and Intel are experiencing market valuation increases due to rising demand for IoT devices that leverage location-based features. Trends around privacy regulations are impacting how organizations like Amazon and Google develop their location-based services, pushing them to enhance user consent management. Over the past two years, 2021 and 2022, investments in location-based services double, emphasizing the critical role of accurate and efficient location data for businesses across various sectors in the United States.

    Future Outlook

    US Location of Things Market Future Outlook

    The location of-things market is projected to grow at a 29.29% CAGR from 2024 to 2035, driven by advancements in IoT, increased demand for real-time data, and enhanced location-based services.

    New opportunities lie in:

    • Development of advanced location analytics platforms for businesses
    • Integration of AI-driven location services in retail environments
    • Expansion of location-based marketing solutions for targeted advertising

    By 2035, the location of-things market is expected to achieve substantial growth and innovation.

    Market Segmentation

    US Location of Things Market Vertical Outlook

    • Retail
    • Healthcare
    • Media
    • Transport
    • Logistics

    US Location of Things Market Applications Outlook

    • IoT Asset Management
    • IoT Location Intelligence

    US Location of Things Market Location Type Outlook

    • Indoor
    • Outdoor

    Report Scope

    MARKET SIZE 2024 1500.0(USD Million)
    MARKET SIZE 2025 1939.35(USD Million)
    MARKET SIZE 2035 25300.0(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 29.29% (2024 - 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 Million
    Key Companies Profiled Google (US), Apple (US), Amazon (US), Microsoft (US), IBM (US), Cisco (US), Qualcomm (US), Samsung (KR), Huawei (CN)
    Segments Covered Location Type, Applications, Vertical
    Key Market Opportunities Integration of advanced analytics and IoT enhances real-time location tracking capabilities.
    Key Market Dynamics Technological advancements drive competitive forces, enhancing real-time tracking and location-based services in the market.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Location of Things Market in 2024?

    The US Location of Things Market is expected to be valued at 1.2 billion USD in 2024.

    What will be the projected market size of the US Location of Things Market by 2035?

    By 2035, the market is projected to reach a value of 24.0 billion USD.

    What is the compound annual growth rate (CAGR) for the US Location of Things Market from 2025 to 2035?

    The CAGR for the US Location of Things Market from 2025 to 2035 is expected to be 31.303%.

    Which sub-segment within the Location of Things Market is expected to dominate by 2035?

    The Indoor location segment is projected to grow significantly, reaching a value of 10.0 billion USD by 2035.

    What is the estimated market value for the Outdoor segment of the US Location of Things Market in 2024?

    The Outdoor segment is expected to be valued at 0.7 billion USD in 2024.

    Who are the major players in the US Location of Things Market?

    Key players in the market include Apple, Oracle, Tesla, Cisco, and IBM, among others.

    What is the expected market value for the Indoor segment in 2024?

    The Indoor segment is expected to be valued at 0.5 billion USD in 2024.

    What growth opportunities are present in the US Location of Things Market?

    Rapid advancements in IoT technologies present significant growth opportunities in the market.

    How is the competition structured in the US Location of Things Market?

    The market is highly competitive with established players like Microsoft, Qualcomm, and Google actively participating.

    What factors are driving the growth of the US Location of Things Market?

    Technological innovation and increasing demand for location-based services are key growth drivers in the market.

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