Press release
Top Market Shifts Transforming the Low Power Geolocation Market Landscape: Key Insights
Low Power Geolocation Market
What Is the Expected CAGR for the Low Power Geolocation Market Through 2025?
In recent times, the market size for low power geolocation has seen a significant rise. The market, which is estimated to be $47.12 billion in 2024, is predicted to expand to $57.68 billion in 2025, with a compound annual growth rate (CAGR) of 22.4%. The historic growth of this market can be linked to the surge in the usage of IoT devices, increased reliance on mobile gadgets, growth in fleet management, asset monitoring, and enhancement in logistics optimization, as well as a heightened demand in the agricultural sector.
What's the Projected Size of the Global Low Power Geolocation Market by 2029?
In the upcoming years, the low power geolocation market is anticipated to experience a surge in growth, with its value forecasted to reach $141.64 billion by 2029. This represents a compound annual growth rate (CAGR) of 25.2%. The rise during this period is linked to factors like the burgeoning of smart city projects, the progress in precision agriculture, the creation of energy harvesting solutions and the amplified demand for low-power solutions within the healthcare sector. The forecast period will also see significant trends like the diversification of industrial applications, the move towards interoperability and standardization, the emergence of geospatial analytics, an emphasis on privacy-preserving solutions and a consideration for environmental sustainability.
View the full report here:
https://www.thebusinessresearchcompany.com/report/low-power-geolocation-global-market-report
Top Growth Drivers in the Low Power Geolocation Industry: What's Accelerating the Market?
The growth of the low power geolocation market is being propelled by the rise in the usage of 5G network solutions in key countries. The increasing pervasiveness of 5G networks facilitates the connection of more devices over the internet at high speeds, hence improving positioning accuracy and subsequently, spurring the growth of the low power geolocation market. For example, a report by the GSM Association, a non-profit organisation located in the UK, suggested in March 2022, that the total number of 5G connections is predicted to surpass 1 billion in 2021 and it is foreseen to reach 2 billion by 2025. By the end of 2025, it is projected that 20% of all mobile linkups will be 5G connections, and 40% of the world's population will have access to a 5G network. Therefore, the escalating usage of 5G network solutions is projected to bolster the low power geolocation market in the future.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6653&type=smp
What Trends Will Shape the Low Power Geolocation Market Through 2029 and Beyond?
The trend of utilizing advancements in technology is quickly gaining traction in the low power geolocation market. Numerous firms are creating innovative products and solutions to enhance their customer and user experiences. For example, Quectel Wireless Solutions, an IoT solutions provider based in China, introduced the LC76G module in June 2022. This compact, ultra-low power GNSS module provides fast and accurate location data. It is capable of receiving and processing signals from all GPS, GLONASS, BeiDou, Galileo, and QZSS constellations. Along with SBAS support, this amplifies the number of visible satellites and improves positioning precision. The LC76G module can process signals from up to 47 satellites and achieve a 1.5m positioning accuracy, which indicates a 40% boost in performance compared to its predecessors.
What Are the Main Segments in the Low Power Geolocation Market?
The low power geolocation market covered in this report is segmented -
1) By Type: Software And Platform, Hardware, Services
2) By Technology: Global Positioning System (GPS), Wi-Fi, Bluetooth, Ultra-Wideband, Low-Power Wide Area Network (LPWAN), Other Technologies
3) By Geolocation Area: Outdoor, Indoor
4) By Industry: Logistics And Transportation, Healthcare, Power Utilities, Agriculture, Consumer Electronics
Subsegments:
1) By Software And Platform: Geolocation Software, Geolocation Platforms, Analytics And Reporting Tools
2) By Hardware: GPS Modules, Beacons, Sensors And Antennas
3) By Services: Managed Services, Consulting Services, Integration And Deployment Services
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=6653&type=smp
Which Top Companies are Driving Growth in the Low Power Geolocation Market?
Major companies operating in the low power geolocation market include Cisco Systems Inc., Digital Matter LLC, Favendo GmbH, Hoopo Systems Ltd., Kerlink S. A., Nestwave SAS, Semtech Corporation, STMicroelectronics N. V., Tracktio Software Ltd., Actility S. A., Senet Inc., Ubiscale SAS, SAGEMCOM UK Ltd., Zozio Tech, Analog Devices Inc., Bosch Sensortec GmbH, Fujitsu Limited, Furuno Electric Co. Ltd., Navika Electronics, NXP Semiconductors N. V., Qualcomm Technologies Inc., Skyworks Solutions Inc., InnaLabs, InvenSense Inc., Kionix Inc., KVH Industries Inc., Murata Manufacturing Co. Ltd., Northrop Grumman Corporation, Robert Bosch GmbH, Sensonor AS, Systron Donner Inertial, TDK Corporation, Trimble Inc., Silicon Sensing Systems Limited
Which Regions Will Dominate the Low Power Geolocation Market Through 2029?
North America was the largest region in the low power geolocation market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the low power geolocation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6653
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Market Shifts Transforming the Low Power Geolocation Market Landscape: Key Insights here
News-ID: 4079015 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Geolocation
IP Geolocation Solution Market Size Analysis by Application, Type, and Region: F …
USA, New Jersey- According to Market Research Intellect, the global IP Geolocation Solution market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The growing demand for location-based services across sectors like e-commerce, cybersecurity, digital advertising, and fraud protection is propelling the market for IP geolocation solutions.…
Prominent Low Power Geolocation Market Trend for 2025: Technological Advancement …
What market dynamics are playing a key role in accelerating the growth of the low power geolocation market?
The proliferation of 5G network solutions in major countries is fueling the expansion of the low power geolocation market. The increased coverage of 5G networks permits a greater number of devices to access the internet at high speeds, promoting enhanced positioning accuracy and subsequently benefiting the low power geolocation market. For instance, a…
IP Geolocation Solutions Market Size and Forecast
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- The global IP Geolocation Solutions Market is expected to record a CAGR of XX.X% from 2024 to 2031 In 2024, the market size is projected to reach a valuation of USD XX.X Billion. By 2031 the valuation is anticipated to reach USD XX.X Billion.
IP Geolocation Solutions Market Size And Scope
The IP Geolocation Solutions market is witnessing significant growth due to the increasing need for location-based services and…
Location Based Services Market: Enhancing User Engagement through Geolocation
Location Based Services Market report 2024-2031 covers the whole scenario of the global including key players, their future promotions, preferred vendors, and shares along with historical data and price analysis. It continues to offer key details on changing dynamics to generate -improving factors. The best thing about the Tax Management report is the provision of guidelines and strategies followed by major players. The investment opportunities in the highlighted here will…
Geolocation Marketing Market Analysis and Future Prospects for 2030
The world of the geolocation marketing market is a complex and ever-evolving landscape, shaped by consumer demands and technological advancements. In this report, we delve into the depths of this market to provide a profound and comprehensive analysis, catering to a diverse audience that includes manufacturers, suppliers, distributors, and investors. Our primary goal is to empower industry stakeholders with invaluable insights to make informed decisions in a rapidly changing environment.…
Precise Geolocation Technology Market Revenue Data for 2018 - 2023
The Precise Geolocation Technology market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
