Pune, India -- (SBWIRE) -- 01/18/2019 -- Latest Market Report on GLOBAL LOCATION ANALYTICS MARKET - SEGMENTED BY LOCATION POSITIONING (INDOOR POSITIONING, OUTDOOR POSITIONING), MODE OF DEPLOYMENT (ON-PREMISE, ON-DEMAND), COMPONENT, END USER VERTICAL AND GEOGRAPHY - GROWTH, TRENDS, AND FORECASTS (2018 - 2023)
The Location Analytics Market report proposes complete synopsis of the market, covering several characteristics such as product definition, market breakdown based on several constraints, supply chain analysis, and the fundamental Key Players outlook. It emphasis on the consumer needs, vendor analysis of key and prominent vendors, market drivers, challenges, opportunities, trends, vendor disruption, global and regional market size and share, market and vendor landscape, market segments, market ecosystem, and regional comparison. Market definitions are also provided in the report. The Report also provides five forces analysis for 2018 as well as for 2023.
Overview of Location Analytics Market:
The Global Location Analytics Market was valued at USD 8.35 billion in 2017 and is projected to reach a value of USD 19.61 billion by 2023, at a CAGR of 15.29% over the forecast period, 2018-2023.
Location analytics offers a wide range of potential applications to the users, not limiting itself to a single department or an organization. Several businesses are using geographical information for analyzing, visualizing, and understanding the location-based information in making decisions related to the organization. Location analytics further uses the past data of customer profiles and their preferences to understand various trends and patterns, globally. Growth in the retail industry, growing use of GPS devices, and technological advancements in the field of GIS technology are driving the location analytics market.
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North America to Remain a Major Market for Location Analytics
Real-time data analytics in defense technology paved the way for broader applications of location data across multiple industries, such as retail, BFSI, and healthcare, among others. Huge technology support and growing automation trends are driving the growth of location analytics in this region. In addition, the advent of new technologies, such as Internet of Things, are being increasingly employed in this region, which are being integrated with existing conventional infrastructure to a large extent to extract optimal output from the collected information. This will help organizations gain substantial benefit. With a large amount of data being generated from this region, companies are looking for utilizing BI solutions to grow in the market.
Key Developments in the Market
- January 2018 - Trimble partnered with CalAmp, where CalAmp technologies help to improve the response time tracking vehicle and equipment location. The collaboration is aimed at delivering an industry-leading telematics device with an improved field service management software technology, to provide a holistic solution capable of transforming the work processes and efficiency.
Location Analytics Market report is an efficient tool to obtain qualitative market data, to analyse the market position among the key competitors, to predict how market will evolve in future etc. It helps companies and individuals in Location Analytics industries to predict changes in customer preference, global and regional market size as well as their performance for each market segment. Anyone in the Location Analytics market can use this report regardless the size of business.
A dedicated section of the vendor analysis provides Vendor landscape, Landscape disruption, Vendor classification, Market positioning of vendors, Vendor overview, Business segments, Organizational developments, Geographic focus, Segment focus, Key offerings from vendor. Location Analytics Market report analyses following Key Vendors in the market
- Cisco Systems, Inc., Microsoft Corporation, SAS Institute Inc., Oracle Corporation, SAP SE, Environmental Systems Research Institute, Inc. (ESRI), TIBCO Software Inc., Pitney Bowes Inc., Galigeo SAS, Trimble Inc., Hexagon AB, International Business Machines Corporation (IBM).
Customization of the Report:
- This report can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
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Along with Location Analytics market research analysis, buyer also gets valuable information about global Production and its market share, Revenue, Price and Gross Margin, Supply, Consumption, Export, import volume and values for following Regions:
- North America
- Europe
- China
- Japan
- Middle East & Africa
- India
- South America
- Others
Reasons to Purchase This Report
- Impact of the emergence of geocoding technology.
- Analyze various perspectives of the market with the help of Porter's five forces analysis.
- Growth across various end users, such as retail, BFSI, healthcare, etc.
- Regional analysis of the market.
- Identify the latest developments, market shares, and strategies employed by the major market players.
- 3 months analyst support, along with the Market Estimate sheet (in excel).
All the information provided in the Location Analytics market report have been prepared by the team of industry experts with deep knowledge, awareness and strong experience. Also, the information is validated using most up to date methods available in the industry.
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In short, the Location Analytics market report will come handy to understand your competitive advantage and how to strategize accordingly over competitors at global and regional levels, sales situation, and consumer needs which will drastically reduce the risks involved in decision makings. It will help to prove your vision with factual information.