- In September 2020, Humatics, a microlocation technology company based in Massachusetts, received $30 million in Series B funding from Blackhorn Ventures, Airbus Ventures, Lockheed Martin Ventures, and other investors to expand its talent pool, scale up its submillimeter Milo Microlocation System, and expand its presence across the transit domain with its proprietary Rail Navigation System.
Frequently Asked Questions
The market is segmented based on Global Micro-Location Technology Market Segmentation, By Application (Asset Management, Proximity Marketing), End-User (Offering, Technology and Vertical) – Industry Trends and Forecast to 2032
.
The Global Micro Location Technology Market size was valued at USD 35.81 USD Billion in 2024.
The Global Micro Location Technology Market is projected to grow at a CAGR of 20.5% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of the Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA)..
