The Location Analytics Market CAGR 15.8% is projected to grow from USD 15.76 billion in 2022 to USD 43.97 billion by 2029.
Geospatial services have recently seen an overwhelming increase in demand from corporations, the government, and the retail sector, supporting the market's expansion. The expansion of the location analysis application space is greatly aided by cutting-edge technologies including big data, cloud computing, the Internet of Things (IoT), artificial intelligence (AI), and cloud computing.
The widespread use of global positioning system (GPS) techniques in smartphones, automobiles, and other portable devices has greatly fueled the industry. Important market actors are making important moves to improve their positions.
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DEMANDING INDUSTRY PLAYERS
Market players including Microsoft Corporation, Google LLC (Alphabet Inc.), Zebra Technologies Corporation, Esri, SAP SE, IBM Corporation, and others are releasing cutting-edge solutions that use cutting-edge technologies.
The companies that follow are a few of the major businesses profiled:
· Microsoft Corporation (U.S.)
· Google LLC (Alphabet Inc.) (U.S.)
· Zebra Technologies Corporation (U.S.)
· Esri (U.S.)
· Hexagon Software (Sweden)
· Here Technologies (Netherlands)
· Precisely AB (Sweden)
· SAP SE (Germany)
· TomTom (Netherlands)
· SAS Institute Inc. (U.S.)
The "Location Analytics Market Report 2020" from Fortune Business Insights is an in-depth overview of the market that covers over 60 geographies and provides high level market segmentation for each one. The market in each geography is examined, along with market size by region and country, in the section on regional and national breakdowns. Additionally, it assesses the market's past and anticipated growth and highlights important trends and corporate expansion tactics.
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SCOPE & SEGMENTATION ASSOCIATED WITH REPORT
By Component:
Solution
· Geocoding and Reverse Geocoding
· Thematic Mapping and Spatial Analysis
· Reporting and Visualization
· Data Integration and ETL
· Others (Demographic Data, Route Optimization)
Services
· Consulting
· Integration and Implementation
· Support and Maintenance
By Vertical:
· BFSI
· Transportation and Logistics
· Government and Defense
· Tourism and Hospitality
· Manufacturing
· Healthcare
· Retail
· IT and Telecommunications
· Others (Energy and Utilities)
By Geography:
· North America (By Type, Application, Country)
· South America (By Type, Application, Country)
· Europe (By Type, Application, Country)
· Middle East & Africa (By Type, Application, Country)
· Asia Pacific (By Type, Application, Country)
Aspects crucial to understanding the industry are explored in the study, including the most recent market dynamics, growth potential, and development trends, as well as industry hurdles, threats to development, and risk factors. The information is simple to understand according to this comprehensive market overview. The study also provides an analytical view of the international marketplace sector, including market forecasts for the present and the future.
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What insights does the Location Analytics Market report provide to the readers?
· Location Analytics Market fragmentation on the basis of product type, end user, and region.
· Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
· Collaborations, R&D projects, acquisitions, and product launches of each Location Analytics Market player.
· Various regulations imposed by the governments on the consumption of Location Analytics Market in detail.
The inspirations for investing in this report
· The research provides a detailed overview of the market by defining, describing, and classifying it.
· The study includes the SWOT analysis and business plans of each vendor in the industry.
· The provides in-depth analyses of current market trends, trend forecasts, and growth drivers.
· The study offers a thorough analysis of the business's landscape, a competitive landscape analysis, and significant market strategies.
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