openPR Logo
Press release

Location Analytics Market 2019 Global Players: CISCO SYSTEMS, MICROSOFT, SAS INSTITUTE, ORACLE, SAP SE, ENVIRONMENTAL SYSTEMS RESEARCH INSTITUTE, TIBCO SOFTWARE, PITNEY BOWES, GALIGEO SAS, TRIMBLE

03-07-2019 03:48 PM CET | IT, New Media & Software

Press release from: Market Prognosis

The global location analytics market was valued at USD 8.35 billion in 2017 and is projected to reach a value of USD 19.61 billion by 2023, at a CAGR of 15.29% over the forecast period, 2018-2023.
Location analytics offers a wide range of potential applications to the users, not limiting itself to a single department or an organization. Several businesses are using geographical information for analyzing, visualizing, and understanding the location-based information in making decisions related to the organization. Location analytics further uses the past data of customer profiles and their preferences to understand various trends and patterns, globally. Growth in the retail industry, growing use of GPS devices, and technological advancements in the field of GIS technology are driving the location analytics market.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/16109

Growth in the Retail Market
With more retail stores coming up, there is a huge chunk of raw data that comes along with the user as soon as he enters the store until he leaves after the final transaction. These data points are now being analyzed with different analytical solutions to better understand consumer behavior and purchasing patterns, which can be eventually utilized to provide a better customer experience the next time. Location analytics helps in contextualizing of location data so that meaningful insights could be drawn and strategies can be made, which can be used to gain a competitive edge over other market players. Leading organizations are using tools, such as pricing and assortment optimization, location analytics, and customer-driven marketing to achieve dramatic benefits.

Key Developments in the Market
January 2018 - Trimble partnered with CalAmp, where CalAmp technologies help to improve the response time tracking vehicle and equipment location. The collaboration is aimed at delivering an industry-leading telematics device with an improved field service management software technology, to provide a holistic solution capable of transforming the work processes and efficiency.

Major Players: CISCO SYSTEMS, INC., MICROSOFT CORPORATION, SAS INSTITUTE INC., ORACLE CORPORATION, SAP SE, ENVIRONMENTAL SYSTEMS RESEARCH INSTITUTE, INC. (ESRI), TIBCO SOFTWARE INC., PITNEY BOWES INC., GALIGEO SAS, TRIMBLE INC., HEXAGON AB, INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM), amongst others

Request Discount on this report @ https://marketprognosis.com/discount-request/16109

Retail Sector Accounted for the Largest Share of the Demand
Location analytics technology and Building Information Modelling (BIM) are used to intelligently model retail infrastructure. The integration of BIM with location analytics eliminates data redundancy, reduces costs incurred in design, planning, and other miscommunications. The increased need for packaging and logistics with location analytics for improved performance have driven the market growth. Many retail organizations are using location analytics to analyze revenue generated in different territories and to calculate region-wide profitability. Retail companies can analyze market campaign effectiveness in different locations and monitor competitors' activities. Other activities, such as merchandising, store operation, distribution, and market planning are also managed by location analytics.

North America to Remain a Major Market for Location Analytics
Real-time data analytics in defense technology paved the way for broader applications of location data across multiple industries, such as retail, BFSI, and healthcare, among others. Huge technology support and growing automation trends are driving the growth of location analytics in this region. In addition, the advent of new technologies, such as Internet of Things, are being increasingly employed in this region, which are being integrated with existing conventional infrastructure to a large extent to extract optimal output from the collected information. This will help organizations gain substantial benefit. With a large amount of data being generated from this region, companies are looking for utilizing BI solutions to grow in the market.

Enquiry Before Buying @ https://marketprognosis.com/enquiry/16109

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Location Analytics Market 2019 Global Players: CISCO SYSTEMS, MICROSOFT, SAS INSTITUTE, ORACLE, SAP SE, ENVIRONMENTAL SYSTEMS RESEARCH INSTITUTE, TIBCO SOFTWARE, PITNEY BOWES, GALIGEO SAS, TRIMBLE here

News-ID: 1640168 • Views:

More Releases from Market Prognosis

Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innovations and Foreseen Till 2026 | FedEx, Exel Logistics, Menlo Worldwide Logistics, Ryder Logistics
Third-Party Logistics (3PL) Market Latest Study Focuses On Current, Future Innov …
The report covers a forecast and an analysis of the Third-Party Logistics (3PL) Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Third-Party Logistics (3PL) Market: The report spread across 90 pages is an overview of the Global Third-Party Logistics (3PL) Market. These report study based on the Third-Party
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing by Top Key Players (Didi, Uber, Lyft, Gett, Hailo, Ola Cabs, Cabify, GoCatch) | Foreseen Till 2026
Ride-Hailing Market: An Insight on the Important Factors and Trends Influencing …
The report covers a forecast and an analysis of the Ride-Hailing Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Ride-Hailing Market: The report spread across 90 pages is an overview of the Global Ride-Hailing Market. These report study based on the Ride-Hailing Market. It is a complete overview
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry Insight and Growth Strategy by Business Players - AIG, Chubb (ACE), Allianz, XL Group, AXA, Aviva
COVID-19 Impact on Professional Indemnity Insurance Market 2021-2026: Industry I …
The report covers a forecast and an analysis of the Professional Indemnity Insurance Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Professional Indemnity Insurance Market: The report spread across 90 pages is an overview of the Global Professional Indemnity Insurance Market. These report study based on the Professional
Modular Construction Market Future Growth Explored in Latest Research Report by 2026 | Komatsu, Kiewit, Skanska, L&T, Taisei, ACS Group, Bouygues Construction
Modular Construction Market Future Growth Explored in Latest Research Report by …
The report covers a forecast and an analysis of the Modular Construction Market on a global and regional level. The study provides historical data for 2018, 2019, and 2020 along with a forecast from 2019 to 2026 based on revenue and volume. Overview of the Global Modular Construction Market: The report spread across 90 pages is an overview of the Global Modular Construction Market. These report study based on the Modular Construction Market. It

All 5 Releases


More Releases for Location

Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Study …
Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market: Snapshot Real-time location systems and location-based services are an interconnected pair of technologies that is becoming increasingly popular due to the growing use of smartphones, the increasing refinement with which a smartphone user’s location can be tracked, and the rising commercial importance of the geo-data gained from smartphone use. Real-time location systems make use of the digital mapping facilities of modern
Location-Based Services (LBS) and Real-Time Location Systems (RTLS) Market Repor …
Global Location-Based Services (LBS) and Real-Time Location Systems (RTLS) market research report provides company profile for Cisco (US), Google (US), IBM (US), Microsoft (US), Oracle (US), TomTom (Netherlands), Apple (US), Esri (US), Ericsson (Sweden), Qualcomm (US), Zebra (US), Ubisense (UK), Pitney Bowes (US), Baidu (China) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast
Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Flabb …
Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market: Snapshot Real-time location systems and location-based services are an interconnected pair of technologies that is becoming increasingly popular due to the growing use of smartphones, the increasing refinement with which a smartphone user’s location can be tracked, and the rising commercial importance of the geo-data gained from smartphone use. Real-time location systems make use of the digital mapping facilities of modern
Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market Proph …
Location-Based Services (LBS) and Real Time Location Systems (RTLS) Market: Snapshot Real-time location systems and location-based services are an interconnected pair of technologies that is becoming increasingly popular due to the growing use of smartphones, the increasing refinement with which a smartphone user’s location can be tracked, and the rising commercial importance of the geo-data gained from smartphone use. Real-time location systems make use of the digital mapping facilities of modern
Location-Based Services and Real Time Location Systems Market Detailed Analysis …
Real-time location systems and location-based services are an interconnected pair of technologies that is becoming increasingly popular due to the growing use of smartphones, the increasing refinement with which a smartphone user’s location can be tracked, and the rising commercial importance of the geo-data gained from smartphone use. Real-time location systems make use of the digital mapping facilities of modern smartphones to provide accurate location tracking, while location-based services provide
Global Location intelligence and location analytics Market 2022: Business Develo …
“Location intelligence and location analytics Forecast 2015-2020 Market Research Report” Purchase This Report by calling ResearchnReports.com at +1-888-631-6977. The Global Location intelligence and location analytics Market from the perspective of all its current trends that are influencing it is important to understand in order to obtain the most rounded solution for business strategies in it. These trends are geographical, socioeconomic, economic, consumer, political, cultural, and their overall effect on client or