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Mobile Location Analytics Market is Estimated at USD 18.0 billion in 2022 and is Projected to Reach USD 33.2 billion by 2027 end at Steady CAGR Value

01-13-2023 02:24 PM CET | IT, New Media & Software

Press release from: Analytics Market Research

Mobile Location Analytics Market

Mobile Location Analytics Market

Mobile Location Analytics Market size is projected to grow from USD 18.0 billion in 2022 to USD 33.2 billion in 2027 at a compound annual growth rate (CAGR) of 13.1% during the forecast period.

Location analytics, often known as geoanalytics, refers to a solution that augments organisational data assets with a layer of spatial information to forecast customer behaviour and purchasing trends. It uses data gathered from cameras, sensors, mobile devices, GPS, and social media platforms to provide both current and historical geographic information. Additionally, compared to traditional approaches, it offers deeper insights into corporate strategies, which facilitates decision-making for businesses engaged in many industry verticals.

Market Trends:
One of the key trends influencing the market is the expanding use of the Internet of Things (IoT) as a result of the globalisation of digitalization. Additionally, there is an increase in the construction of network infrastructure and the sales of consumer goods including smartphones, tablets, laptops, and other gadgets. The market is expanding as a result of this and the growing emphasis placed by businesses on obtaining customers' dynamic location information. The market is developing as a result of the expanding usage of location analytics in the corporate, governmental, and retail sectors around the globe to provide better solutions and services to end consumers. In addition, asset management solutions are increasingly being used by a variety of industries to streamline business operations and produce income. Hence, in

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Global Mobile Location Analytics Market: Major Players
• Oracle Corporation
• Euclid, Inc.
• PlaceIQ
• Google
• Galigeo
• TIBCO Software Inc.
• IBM
• Cisco Systems
• Space Curve, Inc.
• Pitney Bowes Inc.

Global Mobile Location Analytics Market: By Types
• Hardware
• Software and Services

Global Mobile Location Analytics Market: By Applications
• Healthcare
• BFSI
• Travel and Tourism
• Retail
• Others

Global Mobile Location Analytics Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Mobile Location Analytics market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Reasons to Purchase this Market Report:

• The competitive environment includes the proportions of important players, recent innovations, and strategy.
• Companies with extensive product offerings, pertinent financial data, recent advancements, SWOT analyses, and player tactics.
• Quantitative, qualitative, value (in USD million), and volume (in units million) data are among the segments and sub-segments.
• The research contains a wealth of data, including market dynamics and opportunities throughout the forecast period.
• Data at the regional, sub-regional, and national levels also provides information on the market's supply and demand dynamics.

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Frequently Asked Questions About This Report
• How big is the location intelligence market?
• What is the location intelligence market growth?
• Which segment accounted for the largest location intelligence market share?
• Who are the key players in location intelligence market?
• What are the factors driving the location intelligence market?

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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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