Location Analytics Market: size was valued at US$ 17.85 Bn. in 2022 and the total revenue is expected to grow at 13.82 % through 2023 to 2029, reaching nearly US$ 44.19 Bn.
Location Analytics Market Overview:
Maximize Market Research’s new report, Global Location Analytics Market 2022-2029, is useful for understanding the market’s competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Location Analytics market.
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Market Scope:
The research provides an analytical view of the business by studying several elements such as worldwide Location Analytics market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market’s complexities. The research provides an overview of the worldwide Location Analytics market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.
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
The Location Analytics market is further divided into Outdoor Positioning and Indoor Positioning based on Location Positioning. In 2022, the Outdoor Positioning market segment had the highest market share of %. Businesses employ outdoor location analytics to monitor their fixed assets and reduce costs. Airlines are able to pinpoint the precise location of their aircraft in the case of a delay and notify passengers of the anticipated arrival time. Some of the most popular applications for outdoor settings include geomarketing and advertising, asset tracking, personal tracking, customer location tracking, aircraft monitoring, transportation managers, network optimisation and making preparations, mapping discovery and infotainment, geographic event alerts, and defence management.
by Application
Risk Management
Customer Experience Management
Remote Monitoring
Supply Chain Planning and Optimization
Emergency Response Management
Location Selection and Optimization
Others
by Verticals
Transportation and Logistics
Retail
BFSI
IT & Telecommunication
Healthcare
Energy and Utilities
Manufacturing
Others
The location analytics market is further divided into the following verticals: transportation and logistics, retail, business and financial services, IT & telecommunication, healthcare, energy and utilities, manufacturing, and others. In 2022, the Retail sector had the highest market share at %. Location analytics is a key component of managing retail apps because it helps to give a better customer experience. By giving customers and sellers a digital platform for communication and building trustworthy connections, it aids retailers in doing away with the conventional approach of studying customer purchasing habits. Location analytics has gained popularity in the retail sector since it enables organisations to get a clear image of their clients across both personal and commercial boundaries.
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Key Players:
It then discusses the top competitors in the worldwide Location Analytics market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:
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
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Regional Analysis:
The report has analyzed the global Location Analytics market in the following regions:
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Location Analytics market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.
COVID-19 Impact Analysis on Location Analytics Market:
COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.
Key Questions Answered in the Location Analytics Market Report are:
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