Location-based advertising integrates mobile advertising with location-based services. It offers a broad range of attributes to its consumers, which includes reaching consumers when they are receptive, boosting businesses during quiet periods, connecting more consumers, and expanding exposures to audiences. Also, Location based advertising enables enterprises to easily cater the attractions consumer and enhance its footprint within minimum budgets.
The global Location Based Advertising market is emerging market and is presumed to grow during the forecast period. The global Location Based Advertising market was valued USD 64.1 Billion in 2019 and is presumed to grow at a CAGR 17.1% during the forecast period. The growth is attributed to surge in demand for digitization globally. Furthermore, increase in internet penetration rate is also one of the factors propelling the market growth. Moreover, location based advertising is exponentially increasing on account of surge in demand for electronics devices among the enterprises.
Additionally, increasing usage of consumer’s data by marketers also adds to the growth of location based advertising market. However, data security and privacy concern hinders the market growth.
Got questions about your regional growth of
Location-Based Advertising Market?
Just drop us a line or call on +1 646 480 7505
The Middle East and Africa (MEA)
" Crucial Insights The Report Provides:"
* Known and Unknown Adjacencies Influencing the Growth of Market
* Explorable Revenue Sources
* Customer Behaviour Analysis
* Target Partners
* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now