Gartner Insights Abstract

Market Trend: CSPs Embrace Data Monetization With Location Intelligence

Published: 08 April 2024

Summary

Location intelligence is providing monetization opportunities for communication service providers. This research analyzes the market conditions, use cases, impact of 5G technology and network APIs, and identifies partnerships CSPs should consider to seize this opportunity.

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Overview

Market Opportunities and Challenges

Communication service providers (CSPs) wanting to capture data monetization opportunity with location intelligence should understand the following industry dynamics:

  • The increasing adoption of mobile devices and the proliferation of location-based services have created a significant market opportunity for location intelligence. By leveraging mobile data and analytics, businesses can gain valuable insights into consumer behavior, optimize marketing strategies and make data-driven decisions to enhance customer experiences.

  • The maturing market for mobile data and analytics use cases, such as geotargeting, footfall analysis and location-based advertising, further strengthens the growth potential for location intelligence. As businesses recognize the value of location

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Analysts:

Kameron Chao

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