Location Analytics Market Research report provides information regarding market size, share, growth, and revenue and forecast 2026.
Fortune Business Insights™ provides this information in its new report, titled “Location Analytics MarketSize, Share and Industry Analysis, By Component (Solution, Services), By Location Type (Indoor, Outdoor), By Deployment Type (Cloud, On-Premises), By End-User (Retail, Government, Energy and Utilities, Healthcare, Travel and Transportation, Telecommunications, and Others) and Regional Forecast, 2019-2026”.
The global location analytics market size is projected to reach USD 26.75 billion by 2026, exhibiting a CAGR of 16.5% during the forecast period.
The other highlights of the report include:
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Key Questions Answered:
Major Players Covered in the Location Analytics Market Report:
Industry Developments:
Development and Launch of Innovative Solutions by Key Players to Make Competition Fierce
Competition in this market is expected to be characterized by the increasing focus of major companies on developing novel solutions, according to the location analytics market forecast. “This shift in focus would aid players to strengthen their position in the market in the coming years”, says one of our lead analysts.
Ready Adoption of Advanced Technologies to Drive the Market in North America
The market size of North America was at USD 2.77 billion in 2018 and the region is expected to lead the location analytics market share in the forecast period. The primary reason for this dominance is the active uptake of advanced technologies, such as location analytics, across industries in the region. Besides this, the other factors contributing to the growth of the regional market include presence of retail giants and supportive government policies promoting innovation and adoption of new technologies.
In terms of CAGR, Asia-Pacific is anticipated to hold a commanding position owing to industrial growth of China and India, rising expenditure on strengthening IT infrastructure, and increasing adoption of data analytics by governments for public safety purposes.
Mounting Privacy Concerns May Limit the Adoption of Locations Analytics Services
The demand for real-time data collection and analysis tools is at an all-time high and their uptake is only expected to surge in the forthcoming years, given their numerous advantages. However, these technologies suffer from grave drawbacks, which mainly center around privacy, that could stem the tide of their adoption. For instance, cyber criminals can extract private customer data and commit various identity and financial frauds, if the stored data is not well-protected. Moreover, location analytics can be misused by miscreants such as terrorists, threatening safety of the people. The other cons of location analytics include high initial investment, costly maintenance, excessive power consumption, and reliability of the quality of the service provider.
Market Segmentation
By Component
By Location Type
By Deployment
By End User
ByRegion
Reasons to Purchase This Report:
• A detailed study of product launches of every marketing player, their market channels, tactics, and market growth.• The report helps to understand the key product segments and their future scope up to Five Decades.• The report allows readers and market players to understand market Size, Share, Trend, and Future Forecast.A• The Report Provide Deep analysis with region-specific assessments and competition analysis on a global and regional scale.
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Detailed Table of Content
5.Global Location Analytics Market Analysis, Insights and Forecast, 2015-20265.1.Key Findings / Summary5.2.Market Size Estimates and Forecasts5.2.1.By Component (Value)5.2.1.1.Solution5.2.1.1.1.Geocoding5.2.1.1.2.Spatial Analysis5.2.1.1.3.Reporting and Visualization5.2.1.1.4.Others5.2.1.2.Services5.2.1.2.1.Consulting5.2.1.2.2.Integration and Implementation5.2.1.2.3.Support and Maintenance5.2.2.By Location Type (Value)5.2.2.1.Indoor5.2.2.2.Outdoor5.2.3.By Deployment (Value)5.2.3.1.Cloud5.2.3.2.On-Premises5.2.4.By End-User (Value)5.2.4.1.Retail5.2.4.2.Government5.2.4.3.Energy and Utilities5.2.4.4.Healthcare5.2.4.5.Travel and Transportation5.2.4.6.Telecommunications5.2.4.7.Others5.2.5.By Region (Value)5.2.5.1.North America5.2.5.2.Europe5.2.5.3.Asia Pacific5.2.5.4.Middle East and Africa5.2.5.5.Latin America6.North America Location Analytics Market Analysis, Insights and Forecast, 2015-20266.1.Key Findings / Summary6.2.Market Size Estimates and Forecasts6.2.1.By Component (Value)6.2.1.1.Solution6.2.1.1.1.Geocoding6.2.1.1.2.Spatial Analysis6.2.1.1.3.Reporting and Visualization6.2.1.1.4.Others6.2.1.2.Services6.2.1.2.1.Consulting6.2.1.2.2.Integration and Implementation6.2.1.2.3.Support and Maintenance6.2.2.By Location Type (Value)6.2.2.1.Indoor6.2.2.2.Outdoor6.2.3.By Deployment (Value)6.2.3.1.Cloud6.2.3.2.On-Premises6.2.4.By End-User (Value)6.2.4.1.Retail6.2.4.2.Government6.2.4.3.Energy and Utilities6.2.4.4.Healthcare6.2.4.5.Travel and Transportation6.2.4.6.Telecommunications6.2.4.7.Others6.2.5.By Country (Value)6.2.5.1.United States6.2.5.2.Canada7.Europe Location Analytics Market Analysis, Insights and Forecast, 2015-20267.1.Key Findings / Summary7.2.Market Size Estimates and Forecasts7.2.1.By Component (Value)7.2.1.1.Solution7.2.1.1.1.Geocoding7.2.1.1.2.Spatial Analysis7.2.1.1.3.Reporting and Visualization7.2.1.1.4.Others7.2.1.2.Services7.2.1.2.1.Consulting7.2.1.2.2.Integration and Implementation7.2.1.2.3.Support and Maintenance7.2.2.By Location Type (Value)7.2.2.1.Indoor7.2.2.2.Outdoor7.2.3.By Deployment (Value)7.2.3.1.Cloud7.2.3.2.On-Premises7.2.4.By End-User (Value)7.2.4.1.Retail7.2.4.2.Government7.2.4.3.Energy and Utilities7.2.4.4.Healthcare7.2.4.5.Travel and Transportation7.2.4.6.Telecommunications7.2.4.7.Others7.2.5.By Country (Value)7.2.5.1.Germany7.2.5.2.United Kingdom7.2.5.3.France7.2.5.4.Italy7.2.5.5.Russia7.2.5.6.Spain7.2.5.7.Rest of Europe8.Asia Pacific Location Analytics Market Analysis, Insights and Forecast, 2015-20268.1.Key Findings / Summary8.2.Market Size Estimates and Forecasts8.2.1.By Component (Value)8.2.1.1.Solution8.2.1.1.1.Geocoding8.2.1.1.2.Spatial Analysis8.2.1.1.3.Reporting and Visualization8.2.1.1.4.Others8.2.1.2.Services8.2.1.2.1.Consulting8.2.1.2.2.Integration and Implementation8.2.1.2.3.Support and Maintenance8.2.2.By Location Type (Value)8.2.2.1.Indoor8.2.2.2.Outdoor8.2.3.By Deployment (Value)8.2.3.1.Cloud8.2.3.2.On-Premises8.2.4.By End-User (Value)8.2.4.1.Retail8.2.4.2.Government8.2.4.3.Energy and Utilities8.2.4.4.Healthcare8.2.4.5.Travel and Transportation8.2.4.6.Telecommunications8.2.4.7.Others8.2.5.By Country (Value)8.2.5.1.China8.2.5.2.Japan8.2.5.3.India8.2.5.4.South East Asia8.2.5.5.Rest of APAC
T0C Continued…!!!
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To view the original version on The Express Wire visit Location Analytics Market 2020 : Industry Outlook, Top Countries Data, Market Size, Driving Factors by Manufacturers, Growth and Forecast 2026