Press release
Location Analytics Market was valued at an impressive USD 17.85 billion, and it is expected to maintain robust growth, with a projected CAGR of 13.82% from 2023 to 2029, reaching an estimated value of nearly USD 44.19 billion.
Location Analytics Market
Maximize Market Research Pvt. Ltd., a leading market research company based in Pune, India, is proud to announce the release of its latest in-depth market research report on the Location Analytics Market.
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Our reports incorporate in-depth analyses, including PORTER and PESTEL analyses, and assess the potential impact of micro-economic factors on the market. We provide a clear view of the competitive landscape, enabling investors and decision-makers to make informed choices.
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What are Location Analytics Market Dynamics?
Location analytics is the practice of extracting valuable insights from geographical and spatial data. This technique involves visualizing data, particularly data with a spatial component, typically generated by businesses. It encompasses the utilization of real-time and historical geospatial data for various purposes, such as tracking live locations for courier services, analyzing customer patterns in the retail sector, optimizing operations in manufacturing and transportation, and much more.
The rise of the Internet of Things (IoT) has led to an exponential increase in data generated by interconnected devices, fostering the adoption of location analytics solutions. Furthermore, the availability of low-cost location analytics solutions has made it more accessible to a broader range of industries. Asset management, driven by the need to enhance business processes and generate substantial revenue, is a significant driver for the market.
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What is Location Analytics Market Regional Insight?
North America held the largest market share in 2022 due to technological advancements, such as IoT and Machine Learning (ML), and a growing demand for real-time data analytics solutions across various industries.
Asia Pacific is expected to experience the highest CAGR during the forecast period. The region's rapid growth is attributed to the increasing use of social media and the expansion of large social media companies, creating a wealth of location-based data.
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What is Location Analytics Market Segmentation?
by Component
Solution
Geocoding and Reverse Geocoding
Thematic Mapping and Spatial Analysis
Reporting and Visualization
Others
Services
Professional Services
Managed Services
by Location Positioning
Outdoor Positioning
Indoor Positioning
by Application
Risk Management
Customer Experience Management
Remote Monitoring
Supply Chain Planning and Optimization
Emergency Response Management
Location Selection and Optimization
Others
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Who are Location Analytics Market Key Players?
1. Oracle Corporation
2. Microsoft Corporation
3. TIBCO Software Inc.
4. Trimble, Inc.
5. Hexagon AB
6. Alphabet Inc.
7. IBM Corporation
8. SAS Institute Inc.
9. Esri
10. Precisely
11. Cisco
12. Alteryx
13. SAP SE
14. Galigeo
15. Purple
16. Pitney Bowes
17. Clever Analytics
Table of content for the Location Analytics Market includes:
Location Analytics Market: Research Methodology
Location Analytics Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Location Analytics Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment |
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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