Location analytics market to growing rapidly with prominent vendors like – SAP SE, IBM Corporation, Oracle Corporation, Microsoft Corporation, TIBCO Software.

The global location analytics market size is projected to reach USD 26.75 billion by the end of 2026. The increasing investment in product R&D will have a direct impact on the growth of the market in the coming years. According to a report published by Fortune Business Insights, titled “Location Analytics Market Size, Share & Industry Analysis, By Component (Solution, Services), By Location Type (Indoor, Outdoor), By Deployment Type (Cloud, On-Premises), By End-User (Retail, Government, Energy and Utilities, Healthcare, Travel and Transportation, Telecommunications, and Others) and Regional Forecast, 2019-2026,” the market was worth USD 8.16 billion in 2019 and will exhibit a CAGR of 16.5% during the forecast period, 2019-2026.

Get Sample Copy with TOC of the Report to understand the structure of the complete report @ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/location-analytics-market-102041

List of companies profiled in the report:

• SAS Institute Inc.
• Oracle Corporation
• Esri
• Pitney Bowes Inc.
• Galigeo
• GeoMoby
• Alteryx Inc.
• IBM Corporation
• Microsoft Corporation
• IndoorAtlas Ltd.
• Quuppa
• TIBCO Software Inc.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

To get Incredible Discounts on this Premium Report, Click Here @ https://www.fortunebusinessinsights.com/enquiry/check-discount/location-analytics-market-102041

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Location analytics is used to derive insights into the analytical and demographical information of a specific region. The system is inclusive of the location-based learning or business data management. Technological advancements have played a major role in the development of efficient location analytics systems in recent years. The applications of these products in diverse industry verticals including healthcare, engineering, construction, supply chain, and manufacturing have led to a wider product adoption in recent years. The high investment in the research and development of efficient products will emerge in favor of market growth. Several large scale businesses and a few SMEs are looking to adopt location analytics with a view to gaining valuable insights into the strategies of competitors as well as derive proper business insights and enhance decision making. The presence of several large scale vendors will constitute an increase in the overall market size.

Increasing Number of Company Mergers and Acquisitions Will Emerge in Favor of Market Growth

The report encompasses several factors that have contributed to the growth of the market in recent years. It highlights the latest strategies adopted by major companies and discusses their impact on the growth of the market. It is observed that company mergers are a growing trend among major companies across the world. IN October 2019, Alteryx Inc. announced that it has completed the acquisition of Feature Labs. Through this acquisition, the company will help businesses integrate the data science and machine learning algorithm. This will help bridge the gap between worker talent gap within the organization. Alteryx’s latest acquisition will not just help the company, but will have a direct impact on the growth of the overall market in the coming years. The report highlights a few of the other company mergers of recent times and discusses their impact on the growth of the overall market in the coming years.

Speak To Analyst @ https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/location-analytics-market-102041

North America to Emerge Dominant; Presence of Several Large Scale Companies to Aid Growth

The report analyzes the ongoing market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these regions, the market in North America is likely to emerge as the dominant region in the coming years. The presence of several large scale location analytics vendors in numerous countries across this region will aid the growth of the market in this region. The increasing product applications in BFSI, healthcare, and life-science sectors will lead to a wider product adoption. The increasing product adoption will open up a huge potential for the companies operating in this region. As of 2019, the market in North America was worth USD 2.77 billion and this value is projected to increase further in the coming years. The increasing internet penetration will also bode well for the growth of the market in the coming years.

Industry Developments:

October 2019 – Quuppa announced that it has collaborated with Orange Business Services to develop Smart Tracking. The product is an innovative real-time locating solution for locating assets in industrial environments in real-time.

Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

About:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.