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Uploaded on Oct 17, 2023
Category
Technology
Proliferation of smartphones and upsurge in usage of GPS-enabled devices, growing usage of spatial data and analytical tools, increasing adoption of location analytics for asset management across various industries, and rise in adoption of location analytics in retail sector drive the global location analytics market. On the other hand, consent and privacy concerns restrain the growth to some extent. Nevertheless, emergence of advanced technologies in the field of GIS, and integration of AI with location analytics are expected to create multiple opportunities in the industry.
Category
Technology
Location Analytics Market _
Location Analytics Market
Location Analytics Market to expand annually by
15.5% CAGR for the next five years Prediction by
AMR
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The global location analytics market size was valued at $10.29 billion in
2019, and is projected to reach $31.13 billion by 2027, registering a
CAGR of 15.5% from 2020 to 2027. Location analytics or geoanalytics is
the method of generating insights by analyzing location data. It adds a
geographical data to the data assets of a business in order to extract
more valuable insights.
► Adoption of location analytics has been
increased during the outbreak of COVID-19
mainly to understand the impact of COVID-19
on consumer behavior and the economy.
COVID 19
IMPACT: ► On the other hand, healthcare systems have
experienced an extraordinary level of demand
for location data, with multiple countries having
to inspect medical facilities, including primary
care clinics, hospitals, and retirement homes to
examine care capacity and vulnerability.
This study includes the location
KEY analytics market analysis, trends, and future estimations to
determine the imminent
FINDING investment pockets.
OF The report presents information
related to key drivers, restraints,
THE STU and location analytics market opportunity.
DY:
The location analytics Market size
is quantitatively analyzed from
2019 to 2027 to highlight the
financial competency of the
industry.
► Microsoft Corporation
► Oracle Corporation
► Pitney Bowes
► Sisense Inc.
KEY ► Syncsort
PLAYERS:► Trimble Inc.
► Alteryx
► Esri
► Google LLC
► HERE Technologies
► Hexagon
BY
REGION:
NORTH AMERICA
(U.S, Canada)
EUROPE (UK,
Germany, France,
Rest of Europe)
ASIA-PACIFIC
(China, India, Japan,
Rest of Asia-Pacific)
LAMEA (Latin
America, Middle East,
Africa)
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