Increasing application of spatial data and analytics and rising use of social networks for customer engagement are some key factors driving global location analytics market growth
The global location analytics market size reached USD 14.05 Billion in 2020 and is expected to register a CAGR of 15.3% during the forecast period, according to latest analysis by Emergen Research. Global location analytics market revenue growth is expected to be driven significantly by increasing application of spatial data and analytics across various industries. Increasing use of social networks for customer engagement is also expected to act as a catalyst for revenue growth of the global location analytics market going ahead. Rising demand for geographical predictive analytics is expected to further boost revenue growth of the global location analytics market revenue in the near future.
The latest market intelligence report, titled ‘Global Location Analytics Market’, is intended to provide the target audience with the necessary information about the global Location Analytics industry.
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The transportation and logistics segment is expected to lead in terms of revenue over the forecast period due to implementation of location analytics in the transportation and logistics industry for simplifying supply chain operations and decreasing operational uncertainty by effective decision-making.
Factors such as increasing industry requirements for location-based solutions and rising funding and support from governments in countries in North America is expected to drive growth of the market in the region during the forecast period.
Key players in the Location Analytics market include Google LLC, Esri Global Inc., Precise.ly Inc., TomTom N.V., Zebra Technologies Corporation, Alteryx, Inc., Sparkgeo Consulting Inc., PlaceIQ, Inc., Geoblink SL, and Galigeo
The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Location Analytics market players.
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The research study presents an industry-wide summary of the Location Analytics market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Location Analytics7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.
The Location Analytics market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.
Emergen Research has segmented the global location analytics market on the basis of component, location, application, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Location Outlook (Revenue, USD Billion; 2018–2028)
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Customer Experience Management
- Risk Management
- Remote Monitoring
- Emergency Response Management
- Sales & Marketing Optimization
- Supply Chain Planning and Optimization
- Location Selection and Optimization
- End-Use Outlook (Revenue, USD Billion; 2018–2028)
- Media and Entertainment
- IT & Telecom
- Retail & Consumer Goods
- Transportation and Logistics
- Energy and Utilities
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The Location Analytics industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.
Major Geographies Analyzed in the Report:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
- What is the growth rate of the Location Analytics market? What is the anticipated market valuation of the Location Analytics industry by 2027?
- What are the key growth driving and restraining factors of the Location Analytics market?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Location Analytics industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
Take a look “Table of Content Location Analytics market”:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021–2028
Chapter 3. Key Insights
Chapter 4. Location Analytics Market Segmentation & Impact Analysis
4.1. Location Analytics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
126.96.36.199. Rising application of spatial data and analytics
188.8.131.52. Increasing use of social networks for customer engagement
184.108.40.206. Rising demand for actionable geographical insights
220.127.116.11. Increasing demand for hyper-local intelligence
4.2.3. Market restraints analysis
18.104.22.168. Concerns regarding the regulations and data privacy
22.214.171.124. High deployment costs of location analytics solutions
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Location Analytics Market By Component Insights & Trends, Revenue (USD Billion)
5.1. Component Dynamics & Market Share, 2021–2028
Chapter 6. Location Analytics Market By Location Insights & Trends, Revenue (USD Billion)
6.1. Location Dynamics & Market Share, 2021–2028
Chapter 7. Location Analytics Market By Application Insights & Trends, Revenue (USD Billion)
7.1. Application Dynamics & Market Share, 2021–2028
7.1.1. Customer Experience Management
7.1.2. Risk Management
7.1.3. Remote Monitoring
7.1.4. Emergency Response Management
7.1.5. Sales & Marketing Optimization
7.1.6. Supply Chain Planning and Optimization
7.1.7. Location Selection and Optimization
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