Press release
Location Analytics Market Size, Trends, Emerging Growth Factors and Forecasts to 2027- SAP SE, Oracle, Microsoft, Cisco Systems, Tibco Software, ESRI, NEWGROVE, Galigeo, Software AG
Organizations are adopting location analytics to generate and analyze insights from the spatial data gathered using various data sources, including cameras, sensors, social media sites, GPS devices, and mobile devices. The location analytics market growth has been marked by the development of location-based technologies and benefits related to them for all potential users. The location analytics vendors are trying to make things simple so that organizations can share, access, and analyze the location-based data coming from different data sources from any remote location.Companies engaged in the location analytics market are ALTERYX, Cisco Systems, ESRI, Galigeo, IndoorAtlas, NEWGROVE, Pitney Bowes, SAS Institute, Software AG, Tibco Software
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The report aims to provide an overview of location analytics market with detailed market segmentation by type, application, deployment type, industry vertical. The global location analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading location analytics market players and offers key trends and opportunities in the location analytics market.
The global location analytics market is segmented on the basis of type, application, deployment type, industry vertical. On the basis of type, the market is segmented as software, services. On the basis of application, the market is segmented as emergency response management, supply chain management, asset and inventory management, monitoring and emergency response management, others. On the basis of deployment type, the market is segmented as on premise deployment, cloud deployment, hybrid deployment. On the basis of industry vertical, the market is segmented as retail and consumer goods, government and defense, transportation and logistics, manufacturing, others.
The growing volume of data through connected devices and the increasing adoption of the internet of things are some of the significant factors driving the growth of the location analytics market. However, lack of awareness and expertise among organizations about the functioning of location analytic tools is the major factor that may restrain the growth of the location analytics market. Moreover, an increasing amount of three-dimensional data and the significance of competitive intelligence and predictive analytics solutions are anticipated to boost the location analytics market growth.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global location analytics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The location analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting location analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the location analytics market in these regions.
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