Location analytics Market use both real time as well as historical data across the geographical locations. The increasing demand from asset management, predictive analytics, increasing usage of various analytical tools are boosting the growth of the location analytics market. Also, growth in the healthcare and energy sector is also boosting the market growth. Location analytics include mapping visualization, spatial analytics, and geographic information enhancement.
According to the global report, the location monitoring market has a growth expectation of $31.13 billion at a CAGR of 16.5% for the forecast period of 2030. Location analytics is defined as the methods that can detect the location and geography of a business unit. This data is usually known as the transactional data that is portrayed through the geographical information system.
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Major Key Players:
The key players in the global Location Analytics Market include TIBCO Software Inc. (U.S.), ESRI (U.S.), Pitney Bowes (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute Inc. (U.S.), Galigeo (France), Cisco Systems, Inc. (U.S.), Alteryx, Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.) among others.
Segmentation & Regional Analytics:
According to Market Research Future, market has been segmented into component, software, deployment, end-users and region.
- Reverse Geocoding
- Thematic Mapping
- Data Integration
- Spatial analysis
- IT & Telecommunications
- Energy & Utilities
Geocoding accounted for the largest market share out of all the software’s. The reason attributed to the increasing usage by educational institutes, restaurants, hotel to make appropriate decisions.
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Market Research Future Analysis:
The global location analytics market is expected to grow significantly. The market is highly application basis. Retail segment of location analytics market globally drives the market. The market is expected to have higher growth rate as compared to the previous years.
North America accounted for the largest market share because of the technological advancements, increasing demand by various sectors, large investments by developers for cloud-based solutions.
However, Asia-Pacific region is expected to grow over the forecast period, 2016-2022. The reason attributed to the rapid digital transformation in countries such as China and improvement of broadband infrastructure.
Table of Contents
1 Market Introduction
1.2 Scope Of Study
1.2.1 Research Objective
1.3 Market Structure
2 Research Methodology
2.1 Research Network Solution
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
3 Market Dynamics
3.2 Market Drivers
3.3 Market Challenges
3.4 Market Opportunities
3.5 Market Restraints
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List of Tables
Table 1 Global Location Analytics market, By Component
Table 2 Global Location Analytics market, By Software
Table 3 Global Location Analytics market, By Deployment
Table 4 Global Location Analytics market, By End-Users
Table 5 Global Location Analytics market, By Geography
List of Figures
Figure 1 Research Network Solution
Figure 2 Global Location Analytics market, By Component (%)
Figure 3 Global Location Analytics market, By Software (%)
Figure 4 Global Location Analytics market, By Deployment (%)
Figure 5 Global Location Analytics market, By End-Users (%)
About Market Research Future:
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