Market Snapshot:
Location intelligence helps find risks, patterns, and opportunities for businesses with the help of geography, demographics, and data referring to the location. Alternative advantages of location intelligence include predictive analytics, risk management, real-time tracking of patterns and trends, and streamlining the services and operations of corporations. This factor is anticipated to fuel the adoption of location intelligence services across organizations driving the overall market. The rising demand for location intelligence data to enhance business operations and to deliver personalized services is predicted to more spur growth.
Highlights from Location Intelligence Software Market Study
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 15.6% |
The key Players profiled in the report are Acorn Technologies (United States), Bosch Software Innovations GmbH (Germany), ESRI (United States), Google LLC (United States), General Electric Company (United States), Gimbal (United States), HERE Technologies (Netherlands), Qualcomm Incorporated (United States), Skyhook (United States), Wireless Logic Limited (United States), OmniSci, Inc. (United States), CARTO (United States), Geoblink (Spain), QlikTech International AB (United States) and ALTERYX, INC. (United States).
Geographic Breakdown and Segment Analysis
The Global Location Intelligence Software market presents a comprehensive analysis of the Location Intelligence Software market by product type (Cloud Based and Web Based), by end-user/application (Customer Management, Workforce Management, Facility Management, Remote Monitoring, Risk Management, Sales And Marketing Optimization and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Location Intelligence Software industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the Location Intelligence Software market
Analyst at AMA have segmented the market study of Global Location Intelligence Software market by Type, Application and Region.
Influencing Trend:
Growing Need of Predictive Analytics for Businesses
Market Growth Drivers:
Increasing Use of Spatial Data and Analytical Tools and Increasing Use of Location-Based Applications Among Consumers
Challenges:
Lack Of Technological Knowledge
Restraints:
Legal Concerns and Data Privacy Issues
Opportunities:
Increased Research and Development in The Field
Market Developments Activities:
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.
The rising demand for location intelligence data to enhance business operations and to deliver personalized services is expected to further spur growth. The market will grow a lot in the coming years along with the rising demand from the end-users.
Key Target Audience
Providers of Location Intelligence Software, Governmental and Regulatory bodies and End-Users