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Asia-Pacific Location Intelligence Market Set to Reach $24.6 Billion by 2030
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Overview
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The Asia-Pacific location intelligence market is projected to reach $24.6 billion by 2030, driven by the proliferation of location-based solutions in the retail sector, growing use of spatial data and analytics, and increasing need for asset management in the industrial sector. However, dynamic government rules and lack of awareness hinder growth. China is expected to lead the market due to high penetration of mobile devices, strong customer base, and rising deployments of map-based platforms.
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How can the challenges of dynamic government rules and lack of awareness be addressed to further boost the market?
What are some specific location-based solutions that are driving growth in the retail sector?
What other factors contribute to the projected market value of the Asia-Pacific location intelligence market?
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