![]() ![]() Segments Covered: API Package, Enterprise Size, Application, Region Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends Moreover, this new platform facilitates users to identify the location of website visitors’ IP addresses and provides insights relating to the latitude and longitude, time zone, country, city, and ZIP code. announced the launch of its new IP Geolocation API and IP Geolocation Database.ĭownload Free Sample of This Strategic Report:. In February 2019, California, USA based Whois API, Inc. Major market players included in this report are: Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising penetration of smartphones in countries such as China, and India & increasing penetration of leading market players in the APAC region. North America dominated the market in terms of revenue, owing to the presence of leading market players and the availability of high-speed internet infrastructure in the region. The key regions considered for the Global IP Geo-Location Services Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. However, increasing emergence of virtual private network (VPN) services stifles market growth throughout the forecast period of 2022-2029. ![]() Also, surge in digital marketing spending and increasing investment in network infrastructure would create a lucrative growth prospectus for the market over the forecast period. Moreover, as per Statista – as of 2022, revenue in the Indian Smartphones segment is estimated at USD 37.82 billion, and the market is expected to grow annually by 7.91% (CAGR 2022-2027) to reach USD 55.34 billion by 2027. Request To Download Sample of This Strategic Report:. Moreover, during the first quarter of FY2021 India’s smartphone shipments increased by more than 23% to 38 million devices. For instance, according to India Brand Equity Foundation (IBEF) – as of 2021, India has around 502.2 million smartphone users. ![]() The surge in smartphone penetration in developing regions owing to affordable internet and growth in the young population is contributing to the growth of the Global IP Geo-Location Services Market. The key factors driving the market are increasing smartphone penetration and growing demand for location-based intelligence as well as rising application of targeted advertising. Furthermore, based on the IP addresses companies can run user-focused marketing campaigns to promote their products & services. Moreover, this information is used by business organizations and public authorities for offering localized web content, fraud detection, and management of digital rights among others. With the help Geo-Location mapping, it is possible to identify the nation, area, city, latitude, longitude other details of the device. IP Geo-Location Services or IP-based Geolocation services refers to the mapping of an IP address to the real-world location of connected devices such as Smartphones, Computers, Laptops, etc. ![]() Global IP Geo-Location Services Market is valued at approximately USD 2.4 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 12.4% over the forecast period 2022-2029. The MarketWatch News Department was not involved in the creation of this content. ![]()
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