Global Location Intelligence Platform Market Overview:
Location Intelligence Platforms help organizations improve decision making and track their resources effectively using mapping and geospatial data. This platform offers location analytics solutions and services to identify the relationship between certain objects based on their physical locations. The users can manipulate, model, and analyze their geospatial data as well as can use the analyzed data for decision-making. The increasing demand for real-time datasets is expected to drive market growth in the upcoming years.
As per latest study released by AMA Research, the Global Location Intelligence Platform market is expected to see growth rate of 15.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Ease to Manage Supply Chain Disruptions Due to COVID-19
Market Growth Drivers:
Demand for Spatial Data and Analytical Tools, Rising Business Need for Predictive Analytics and Adoption of Location-Based Applications
Challenges:
Lack of Uniform Regulatory Norms
Restraints:
Legal Concerns and Data Privacy Issues
Opportunities:
Adoption of Technologies such as iBeacon and GPS and Increasing Use of Social Media for Customer Engagement
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers competing. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Esri (United States), Pitney Bowes (United States), CartoDB Inc. (United States), Caliper Corporation (United States), Alteryx (United States), Salesforce (United States), SAP (Germany), Spotio (United States), Map Business Online (United States), Ipgeolocation (Pakistan), Google (United States), Fract (United States), Gadberry Group (United States), Galigeo SAS (France), Geoblink (Spain), GXperts (Austria), Maptive (United States), TomTom (Netherlands), IBM (United States) and HERE Global B.V. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Location Intelligence Platform market by 2030. Considering Market by Industry, the sub-segment i.e. Retail will boost the Location Intelligence Platform market. Considering Market by Organization Size, the sub-segment i.e. SMEs will boost the Location Intelligence Platform market. Considering Market by Deployment, the sub-segment i.e. Cloud-Based will boost the Location Intelligence Platform market. Considering Market by Component, the sub-segment i.e. Solutions will boost the Location Intelligence Platform market.
Latest Market Insights:
On December 1, 2022, Mapbox announced new products that empower developers and organizations to make better data-driven decisions and drive intuitive user experiences with innovative location technologies.
In June 2020, OmniSci entered into the partnership with Skyhook, a location intelligence provider to enable location insights for its customers.
What Can be Explored with the Location Intelligence Platform Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Location Intelligence Platform Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Location Intelligence Platform
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Location Intelligence Platform market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Location Intelligence Platform market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Location Intelligence Platforms Providers, Cloud Service Provider, Software Developing Companies, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.