Location Analytics Market Demand Is Likely To Surge At A 14.1% CAGR By 2032

The Location Analytics Industry sales study offers a comprehensive analysis on diverse features including production capacities, Location Analytics demand, product developments, sales revenue generation and Location Analytics market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Location Analytics market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

The global location analytics market was valued at US$ 15.7 Billion in 2021, and is projected to register a Y-o-Y increase of 14% in 2022 to be valued at US$ 17.9 Billion. 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.

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The readability score of the Location Analytics market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Location Analytics market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Location Analytics along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Location Analytics market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Companies Profiled

  • IBM Corporation
  • Google LLC
  • Oracle Corporation
  • Microsoft Corporation
  • ESRI
  • SAS
  • Precisely
  • SAP
  • Cisco
  • TomTom

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.

Key Segments Covered in the Location Analytics Industry Report

  • 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
    • by Location Type :
      • Indoor Location Analytics
      • Outdoor Location Analytics
    • by Deployment Mode :
      • On-Premises Location Analytics Deployment
      • Cloud-based Location Analytics Deployment
    • by Organization Size :
      • Location Analytics for Small and Medium-sized Enterprises
      • Location Analytics for Large Enterprises
    • by Application :
      • Risk Management
      • Emergency Response Management
      • Customer Experience Management
      • Remote Monitoring
      • Supply Chain Planning and Optimization
      • Sales and Marketing Optimization
      • Location Selection and Optimization
      • Other Applications
    • by Industry Vertical :
      • Retail
      • Manufacturing
      • Government and Defense
      • Media & Entertainment
      • Transportation and Logistics
      • Energy and Utility
      • Telecom and IT
      • Banking and Financial Services
      • Insurance
      • Healthcare, Pharma and Life Sciences
    • by Region :
      • North America
      • Europe
      • APAC
      • Middle East & Africa
      • Latin America

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