Global Location Analytics Industry Analysis by Key Manufacturers, Regions to 2025
Industry Insight
The business process is changing in the light of coronavirus, and it is the same for the global Location Analytics Industry as well. The market is still on the pace for gaining high valuation since lockdown from March-end. On this, Market Research Future reveals that the global Location Analytics Industry 2020 is showing an optimistic sign to take a considerable jump relatively at 19% CAGR to hit net worth USD 25 billion by 2022 amid COVID 19 pandemic. The forecast period of the market is recorded to be 2020-2026.
Key Players
The well-known players in the global Location Analytics Industry are listed as ESRI (U.S.), TIBCO Software Inc. (U.S.), Oracle Corporation (U.S.), Pitney Bowes (U.S.), SAS Institute Inc. (U.S.), SAP SE (Germany), Cisco Systems, Inc. (U.S.), Galigeo (France), IBM Corporation (U.S.), Alteryx, Inc. (U.S.).
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Segmentation of Market
Location analytics 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.
However, privacy issues and security concerns are hampering the growth of the market. Also, various firms are investing huge amounts for cloud based solutions. For instance, Esri and Cisco System have come up various maps for spatial analytics and also provides geographical information for business intelligence.
For a more detailed study, Market Research Future has further studied the Location Analytics Market under segmental analysis, which includes segments such as component, software, deployment, and end-users.
Regional Analysis
Regionally, North-America accounted for the largest market share, because of the increasing adoption of Wi-Fi location analytics, high investments for cloud-based solutions and growing adoption of emerging technologies.
However, Asia-Pacific is expected to grow over the forecast period majorly due to rapid technological advancements and cost-effective location analytics solutions for small scale businesses.
LIST OF TABLES
TABLE 1 GLOBAL LOCATION ANALYTICSMARKET, BY COMPONENT
TABLE 2 GLOBAL LOCATION ANALYTICSMARKET, BY SOFTWARE
TABLE 3 GLOBAL LOCATION ANALYTICSMARKET, BY DEPLOYMENT
TABLE 4 GLOBAL LOCATION ANALYTICSMARKET, BY END-USERS
TABLE 5 GLOBAL LOCATION ANALYTICSMARKET, BY GEOGRAPHY
Continued…….
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LIST OF FIGURES
FIGURE 1 RESEARCH NETWORK SOLUTION
FIGURE 2 GLOBAL LOCATION ANALYTICSMARKET, BY COMPONENT (%)
FIGURE 3 GLOBAL LOCATION ANALYTICSMARKET, BY SOFTWARE (%)
FIGURE 4 GLOBAL LOCATION ANALYTICSMARKET, BY DEPLOYMENT (%)
FIGURE 5 GLOBAL LOCATION ANALYTICSMARKET, BY END-USERS (%)
Continued…….
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