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Growing Utilization Of The Internet Of Things (IoT) On Account of Rapid Digitization To Drive Location Analytics Market
ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of Location Analytics. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Location Analytics Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Location Analytics market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Location Analytics
This newly published and insightful report sheds light on Market Insights of Location Analytics, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Location Analytics Market.
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Competitive Landscape
The global market for location analytics is characterized by the presence of multiple vendors, aiming to offer extensive services to clients. Additionally, enterprises are seeking out specialized service providers, offering solutions tailor-made to suit their business objectives. In addition, the vendors are likely to leverage upgradation and product differentiation to gain an edge over other competitors in the market. Vendors are adopting new strategies to expand their business. Some of the recent developments in the market are:
In April 2021, a global analytics application was introduced by Esri Global Inc. The application will help users to access Esris's ArcGIS online application, geo-data and images.
In October 2021, Google LLC introduced refinements in Google Maps SDK for Android to provide better user experience. This feature helps drivers in making deliveries conveniently.
On July 28, 2021 - INRIX, Inc., a leader in mobility analytics, announced INRIX IQ Location Analytics, a powerful new cloud-based LBS application that provides retailers, investors, and other business professionals the insights to open new stores, increase revenue, and maximize return on investment.
During the 2022-2032 period of assessment, demand is expected to rise at a 14.1% value CAGR, likely to reach US$ 66.5 Billion by the end of the said forecast period.
Overall, the location analytics landscape is poised to yield an absolute dollar opportunity worth US$ 66.5 Billion until 2032. Sales of Location analytics market will continue to flourish, with a documented CAGR of 16.0% from 2015-2021.
Moreover, Outdoor location will continue to remain the primary beneficiaries of location analytics, likely to register a CAGR worth 14.0% from 2022 to 2032. North America will remain at the forefront, generating an opportunity worth US$ 23.1 Billion during the forecast period.
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Key Segments Covered in the Location Analytics Industry Report
Location Analytics by Component :
Location Analytics Solutions
Geocoding & Reverse Geocoding
Data Integration & ETL
Reporting & Visualization
Thematic Mapping & Spatial Analysis
Other Solutions
Location Analytics Services
Managed Services
Professional Services
Location Analytics by Location Type :
Indoor Location Analytics
Outdoor Location Analytics
Location Analytics by Deployment Mode :
On-Premises Location Analytics Deployment
Cloud-based Location Analytics Deployment
Location Analytics by Organization Size :
Location Analytics for Small and Medium-sized Enterprises
Location Analytics for Large Enterprises
Location Analytics by Application :
Location Analytics for Risk Management
Location Analytics for Emergency Response Management
Location Analytics for Customer Experience Management
Location Analytics for Remote Monitoring
Location Analytics for Supply Chain Planning and Optimization
Location Analytics for Sales and Marketing Optimization
Location Analytics for Location Selection and Optimization
Location Analytics for Other Applications
Location Analytics by Industry Vertical :
Location Analytics for Retail
Location Analytics for Manufacturing
Location Analytics for Government and Defense
Location Analytics for Media & Entertainment
Location Analytics for Transportation and Logistics
Location Analytics for Energy and Utility
Location Analytics for Telecom and IT
Location Analytics for Banking and Financial Services
Location Analytics for Insurance
Location Analytics for Healthcare, Pharma and Life Sciences
Location Analytics by Region :
North America Location Analytics Market
Europe Location Analytics Market
APAC Location Analytics Market
Middle East & Africa Location Analytics Market
Latin America Location Analytics Market
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Key Question answered in the survey of Location Analytics market report:
Sales and Demand of Location Analytics
Growth of Location Analytics Market
Market Analysis of Location Analytics
Market Insights of Location Analytics
Key Drivers Impacting the Location Analytics market
Which are the Key drivers impacted by Location Analytics market
Restraints Location Analytics Market Growth
Market Survey of Location Analytics
More Valuable Insights on Location Analytics Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Location Analytics, Sales and Demand of Location Analytics, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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