Europe Location Based Services Market Size & Outlook
Europe location based services market highlights
- The Europe location based services market generated a revenue of USD 14,982.8 million in 2024.
- The market is expected to grow at a CAGR of 15.5% from 2025 to 2033.
- In terms of segment, hardware was the largest revenue generating component in 2024.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2024 | USD 14,982.8 million |
| Market revenue in 2033 | USD 54,263.4 million |
| Growth rate | 15.5% (CAGR from 2025 to 2033) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.1% of the global location based services market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 64,544.2 million by 2033.
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Location Based Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sensewhere | View profile | 11-50 | Edinburgh, Edinburgh, City of, United Kingdom, Europe | http://www.sensewhere.com/ |
| Qualcomm Technologies (QITC) | View profile | - | - | |
| MapmyIndia | View profile | 501-1000 | New Delhi, Delhi, India, Asia | http://www.mapmyindia.com |
| Ericsson | View profile | 10001+ | Kista, Stockholms Lan, Sweden, Europe | https://www.ericsson.com |
| HERE Technologies | View profile | 5001-10000 | Eindhoven, Noord-Brabant, The Netherlands, Europe | https://www.here.com |
| IBM Corporation | View profile | - | - | - |
| Oracle Corporation | View profile | - | - | - |
| Microsoft Corporation | View profile | - | - | - |
| ALE International | View profile | - | - | - |
| Cisco Systems, Inc. | View profile | - | - | - |
| Google LLC | View profile | - | - | - |
| Foursquare | View profile | 251-500 | New York, New York, United States, North America | https://foursquare.com |
| Esri | View profile | 5001-10000 | Redlands, California, United States, North America | https://www.esri.com |
| TomTom NV | View profile | 3700 | De Ruijterkade 154, Amsterdam, Netherlands, 1011 AC | https://www.tomtom.com |
| Zebra Technologies Corp Class A | View profile | 9750 | 3 Overlook Point, Lincolnshire, IL, United States, 60069 | https://www.zebra.com |
Europe location based services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to location based services market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 114.1% in 2024. Horizon Databook has segmented the Europe location based services market based on hardware covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of location based services market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe location based services market , including forecasts for subscribers. This continent databook contains high-level insights into Europe location based services market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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