Take Up Global Location Analytics Market Opportunities with Clear Industry Data – Includes Location Analytics Market Demand
The Business Research Company’s report goes into great detail on the location analytics market size and growth, location analytics market regional analysis, location analytics market competitive landscape, and other critical information needed to excel in the location analytics industry.
Major players in the location analytics market include Alteryx Inc, Cisco Systems Inc., CleverMaps, Environmental Systems Research Institute Inc. (ESRI), GaliGeo, Google LLC, Here technologies, Hexagon, Indoor Atlas ltd, Lepton Software, Microsoft corporation, Pitney Bowes Inc., PlaceIQ, Precisely, Purple, SAP, SAS Institute Inc., Sparkgeo Consulting Inc, TIBCO Software Inc, Tom Tom, Zebra Technologies Corporation., CARTO, GapMaps, Hardcastle GIS, Locale.ai, Mapidea, Newgrove Limited, Orbica, and Placense.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global location analytics market size is expected to grow from $16.15 billion in 2021 to $18.75 billion in 2022 at a compound annual growth rate (CAGR) of 16.1%. The global location analytics market size is expected to grow to $32.35 billion in 2026 at a CAGR of 14.6%.
North America was the largest region in the location analytics market in 2021.
The location analytics market consists of sales of location analytics services by entities (organizations, proprietors, partnerships) that contain a geographical component of the data which allows for new dimensions of analysis and insights. Location analytics uses visualization and analysis of geospatial data. This is most commonly used for transactional data including sales, logistics, and supply chains to add a new dimension that helps contextualize specific figures and show the flow of items, sales, and supplies with depth and distance.
Increasing use of spatial data and analytical tools is expected to propel the growth of the location analytics market going forward.
The integration of artificial intelligence solutions has emerged as a key trend in the location analytics market. An AI-fuelled approach to location intelligence can help in automating processes, detecting patterns within large sets of data, and making predictions. Developers can incorporate these insights into their applications and businesses using AI which understands the features of location data.
TBRC’s Global Location Analytics Market Report Is Segmented:
By Location Type: Outdoor, Indoor
By Component: Solutions, Service
By Deployment Mode: On Premise, Cloud
By Application: Risk Management, Customer Experience Management, Remote Monitoring, Supply Chain Planning and Optimization, Emergency Response Management, Location Selection and Optimization, Others
By Industry Vertical: Transportation and Logistics, Retail, BFSI, IT and Telecommunication, Healthcare, Energy and Utilities, Manufacturing, Other
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Location Analytics Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the location analytics market globally and regionally, analyzes and forecasts market size, share, location analytics market players, location analytics market segments, leading competitor revenues, profiles and market shares.
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