Location Analytics Market: The Next Generation of Location Intelligence and Analytics

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The size of the global location analytics market, which was estimated at USD 13.66 billion in 2021, is anticipated to increase from that amount to USD 15.76 billion in 2022 to USD 43.97 billion by 2029, at a CAGR of 15.8%

The size of the global location analytics market, which was estimated at USD 13.66 billion in 2021, is anticipated to increase from that amount to USD 15.76 billion in 2022 to USD 43.97 billion by 2029, at a CAGR of 15.8%. The COVID-19 pandemic has had an unprecedented and staggering impact on the world, and demand for location analytics has been lower than expected in all regions compared to pre-pandemic levels. According to our analysis, the global market showed a 15.1% decline from 2019 to 2020.

Geospatial services have recently seen an excessive increase in demand from businesses, governmental organizations, and the retail sector, supporting market growth. Modern technologies like big data, cloud computing, the Internet of Things (IoT), artificial intelligence (AI), and cloud computing have greatly aided the growth of the location analysis application space.

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DEMANDING INDUSTRY PLAYERS

The businesses that are active in the market, including Microsoft Corporation, Google LLC (Alphabet Inc.), Zebra Technologies Corporation, Esri, SAP SE, IBM Corporation, and others, are releasing cutting-edge solutions that are integrated with emerging technologies.

The companies that follow are a few of the major businesses profiled: 

  • Microsoft Corporation (U.S.)
  • Google LLC (Alphabet Inc.) (U.S.)
  • Zebra Technologies Corporation (U.S.)
  • Esri (U.S.)
  • Hexagon Software (Sweden)
  • Here Technologies (Netherlands)
  • Precisely AB (Sweden)
  • SAP SE (Germany)
  • TomTom (Netherlands)
  • SAS Institute Inc. (U.S.)

The "Location Analytics Market Report 2030" from Fortune Business Insights is an in-depth overview of the market that covers over 60 geographies and provides high-level market segmentation for each one. The market in each geography is examined, along with market size by region and country, in the section on regional and national breakdowns. Additionally, it assesses the market's past and anticipated growth and highlights important trends and corporate expansion tactics.

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SCOPE AND SEGMENTATION ASSOCIATED WITH THE REPORT

By Application: 

  • Residential
  • Hospitality
  • Commercial
  • Government
  • Other (Critical Infrastructure, etc.)

By Region

  • (The United States and Canada)
  • Europe (the United Kingdom, Germany, France, Italy, and the rest of the continent)
  • Asia-Pacific (including Southeast Asia, China, India, Japan, and the rest of the region)
  • Latin America (including Brazil, Mexico, and the remainder of the region)
  • South Africa, the Gulf Cooperation Council, and the rest of the Middle East and Africa

The study examines several crucial elements to comprehend the market, such as the most recent market dynamics, growth potential, and development trends, as well as market challenges, development threats, and risk factors. The information is easy to understand thanks to this comprehensive market overview. In addition to offering both short- and long-term market forecasts, the study also provides an analytical stance on the pertinent global market sector.

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What insights does the Location Analytics Market report provide to readers?

  • Location Analytics Market Fragmentation Based on Product Type, End User, and Region
  • Comprehensive assessment of upstream starting materials, downstream demand, and the present market landscape.
  • Collaborations, RD projects, acquisitions, and product launches of each Location Analytics Market player
  • The various rules governments have placed on using the Location Analytics Market are described in detail. 

The inspirations for investing in this report

  • The research provides a detailed market overview by defining, describing, and classifying it.
  • The study includes the SWOT analysis and business plans of each vendor in the industry.
  • The report provides in-depth analyses of current market trends, trend forecasts, and growth drivers.
  • The study thoroughly analyzes the business's competitive landscape and significant market strategies.

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