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Location Intelligence Analytics Market: The global market is growing at a CAGR of 20% during the forecasted period.

04-05-2023 08:05 PM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Location Intelligence Analytics Market: The global market

According to the report, the global Location Intelligence Analytics market is expected to grow from $17 Billion in 2022, which is expected to reach $40 Billion by 2033, growing at the CAGR of 20% from 2023 to 2033. The location intelligence analytics market refers to the use of geographic information systems (GIS), mapping, and location-based data to gain insights and make data-driven decisions. The global market for location intelligence analytics has been growing rapidly in recent years due to the increasing availability of location-based data and the growing demand for location-based services.

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Key Highlights:
• The global Location Intelligence Analytics Market size was valued at USD 17 billion in 2022 growing at a CAGR of 20% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2033

Evolve Business Intelligence is going to publish a new market research report providing market analysis that examines and evaluates the current and future conditions to identify trends, opportunities, and potential risks that may impact the performance of businesses operating within that market. This analysis typically involves collecting and analyzing data related to various factors such as economic indicators, consumer behavior, technological advancements, and regulatory policies that affect the market.
The purpose of global market analysis is to provide businesses with insights and information that can help them make informed decisions about product development, marketing strategies, investment opportunities, and risk management. This analysis can be conducted using a range of tools and techniques, including statistical analysis, market research surveys, and trend analysis.

The New Normal
The pandemic has increased the demand for location-based services such as contact tracing, real-time monitoring of crowds, and location-based marketing. The pandemic has also highlighted the importance of location-based data in understanding and responding to global health crises. The pandemic has caused disruptions in the global supply chain and led to a decline in the demand for location intelligence analytics in some industries. The economic slowdown and budget cuts in some industries have also led to a decline in investment in location intelligence analytics.

In terms of COVID 19 impact, the Location Intelligence Analytics market report also includes the following data points:
• COVID19 Impact on Location Intelligence Analytics market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Location Intelligence Analytics market

For more information: https://report.evolvebi.com/index.php/sample/request?referer=Newsmantra&reportCode=018190

Key Players
Some of the major Location Intelligence Analytics players holding high market share include Google, Esri, Precisely, and SAP. These players use partnership and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Google
• Esri
• Precisely
• SAP
• IBM
• Oracle
• Cisco
• TomTom
• Hexagon
• Zebra Technologies

Segmental Analysis
Market Segment By Services with focus on market share, consumption trend, and growth rate of Location Intelligence Analytics Market:
o Consulting
o Integration and deployment
o Support and maintenance
Market Segment By Solution with focus on market share, consumption trend, and growth rate of Location Intelligence Analytics Market:
o Geocoding and reverse geocoding
o Data integration and ETL
o Reporting and visualization
o Others

Market Segment By Application with focus on market share, consumption trend, and growth rate of Location Intelligence Analytics Market:
o Risk management
o Emergency response management
o Customer experience management
o Remote monitoring
o Supply chain planning and optimization
o Sales and marketing optimization
o Others

Market Segment By vertical with a focus on market share, consumption trend, and growth rate of Location Intelligence Analytics Market:
o Retail
o Manufacturing
o Government and defense
o Media and entertainment
o Transportation and logistics
o Healthcare
o Insurance
o Others

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Global Location Intelligence Analytics Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Nordic Countries
o Benelux
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Australia
o Rest of Asia Pacific

• Middle East and Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

Reasons to Buy this Report:
• Industry and Market Understanding: This report provides a comprehensive overview of a particular industry or market, including its size, trends, key players, and future outlook. By purchasing this research report, you can gain a better understanding of the industry you are operating in or considering entering.
• Competitive Intelligence: This report provides detailed information on competitors, including their strengths and weaknesses, market share, financial analysis, key developments and strategies adopted, and product offerings. This information can help businesses develop effective competitive strategies.
• Investment Decisions: This report helps investors make informed decisions by providing data on market size, growth potential, and key trends. This information can be useful for identifying investment opportunities and evaluating risk.
• Regulatory Compliance: This report includes information on regulatory policies and requirements that affect a particular industry or market. This can be valuable information for businesses seeking to comply with regulations and avoid potential legal issues.

Overall, Location Intelligence Analytics market research reports provide valuable insights and information that can help businesses and individuals make informed decisions in a rapidly changing global marketplace.

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Contact: +1 773 644 5507
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Website: https://evolvebi.com/

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.

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