Market Research Future (MRFR) Announces the Publication of its Half Cooked Research Report – Location Analytics Market 2016-2022

According to Market Research Future Analysis, Location Analytics Market has been valued at USD 25 billion by 2022 growing with 19% of CAGR during forecast period 2016 to 2022.

Location analytics is used by the retail sector to know the historical spending habits from different geographical locations in order to increase their sales and productivity. It is also used by the government to detect as well as prevent disaster.

The usage of spatial data, increasing usage of various analytics tool and increasing need for customer satisfaction are the factors contributing to the growth of the overall markets. Whereas, issues relating to security is hampering the growth of the market.

Various manufacturers are investing to find solutions, for instance, Esri Maps for IBM Cognos deliver maps and geographic information to the environment.

According to Market Research Future, market has been segmented into component, software, deployment, end-users and region.

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Component-

Software
Service
Deployment

On-premises
Hosted
Software

Geocoding
Reverse Geocoding
Thematic Mapping
Reporting
Data Integration
Spatial analysis
Others
End-users

BFSI
IT & Telecommunications
Retail
Healthcare
Government
Transportation
Energy & Utilities
Government
Others
Region-

North-America
Europe
Asia-Pacific
RoW
Out of these end-users, retail segment accounted for the largest market share majorly due to increasing number of internet users, increasing consumer preference for smartphone and high growth in the number of tech savvy consumers.

Out of these software, geocoding accounted for the largest market share majorly due to increasing number of educational institutes, hotels among others is helping location analytics to make proper decisions.

The key players in the global location analytics market include TIBCO Software Inc. (U.S.), ESRI (U.S.), Pitney Bowes (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), SAS Institute Inc. (U.S.), Galigeo (France), Cisco Systems, Inc. (U.S.), Alteryx, Inc. (U.S.), IBM Corporation (U.S.), Microsoft Corporation (U.S.) among others.

By Region, MRFR analysis shows that, North-America accounted for the largest market share because of the technological advancements, growing number of application developers and rapid digital transformation.

However, Asia-Pacific is expected to grow over the forecast period, 2016-2022. Countries such as China, Korea contributes largely to the overall growth of the market. The reason attributed are improved broadband infrastructure and usage of sensors.

Market Research Future (MRFR) publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit-

Access Complete Report @ https://www.marketresearchfuture.com/reports/location-analytics-market-2759

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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