DUBLIN, Aug. 12, 2022 /PRNewswire/ — The “Global Location Intelligence Market Size, Share & Industry Trends Analysis Report By Application, By Offering (Solution and Services (System Integration, Consulting, and Others)), By End User, By Regional Outlook and Forecast, 2022-2028” report has been added to ResearchAndMarkets.com’s offering.
The Global Location Intelligence Market size is expected to reach $36 billion by 2028, rising at a market growth of 15.3% CAGR during the forecast period.The approach of generating insights through location data to address spatial issues is known as location intelligence. LI analyzes location data as an integrated aspect of a business and societal problem, extending over simple data presentation on maps. Executives and decision-makers now have access to unprecedented volumes of corporate data, including a variety of geographic data due to a significant number of devices connected to the Internet of Things (IoT).
Location intelligence is derived through visualizing and analyzing large amounts of data in relation to a specific location, and it is used to facilitate prediction, holistic planning, and problem-solving. Seeing all pertinent data in the context of a location on a smart map, application, or dashboard provides new perspectives. competitive edge.The presentation and analysis of geographical data are used to achieve location intelligence (LI). Businesses can use location intelligence technologies to detect where an event has occurred, analyze why it is occurring, and gain insight into what caused it by layering geographic data, such as traffic, demographics, and weather, to a smart map or dashboard. Many businesses are using geographic information system (GIS) technology to build location intelligence as part of their digital transformation.The majority of data points have a physical location and time associated with them. However, geography is not only a common thread that connects various data sources and helps to break down silos. It may also deliver the most profound insights. Location data analytics is used by major organizations to address business problems and identify new opportunities. Business intelligence (BI) technologies benefit greatly from location intelligence solutions.
GIS technology is a software framework for managing, visualizing, analyzing, and finally determining the significance of geographical data. GIS, which is based on science, assists businesses in gaining valuable insight by combining various sorts of data. GIS-powered location intelligence transforms businesses as well as organizations in a variety of industries.COVID-19 Impact Analysis
In addition, to carry out efficient COVID-19 public health measures, healthcare and government institutions utilized location-based solutions for vaccination efforts. In addition, the utilization of location analytics also aided in boosting businesses in dealing with the pandemic’s uncertainty.
Moreover, during the pandemic, location data was crucial in the administration of local emergency services. Overcrowding in hospitals, as well as a scarcity of ventilators, equipment, and other vital supplies, have all plagued the health infrastructure sector. In the healthcare sector, location data has become a significant tool for overcoming these obstacles and providing valuable information on resource planning and optimization.Market Growth Factors:
Robust Cybersecurity
Infrastructure data, like a digital twin of an electrical grid, can show where connections are made and offer a map of the digital network. Security experts may be able to use this information to predict where assaults are likely to occur. Decentralized data is also possible due to blockchain technology. This technology can update and distribute a specific block of data in a safe encrypted environment at the same time. With use applications, such as bitcoin, blockchain applications have grown in popularity. Blockchain has also been used in the field of spatial technology to track Earth observation as well as satellite communications.Increasing Adoption Of Location Intelligence In Various Applications
Businesses are increasingly relying on data to give the finest customer service and hence boost their business revenues in an era of rapidly developing digitization. Companies can utilize geographic data visualization to better manage their company plans, such as defining regional priorities, pricing models, and peak sales seasons. Moreover, by merging geographic data with GIS, enterprises can tap into the location of customers to provide relevant product information and store recommendations on the basis of their requirements. Marketing Restraining Factor:
Stringent Government Regulations
The advancements in various technologies along with the skills in order to leverage these technologies have significantly increased. Due to the advanced technical knowledge, the risk of cybercrimes is becoming a major concern across administrations. In order to eliminate this risk, governments and other local authorities are increasing their efforts to address this problem. As a result, various governments have imposed strict guidelines to protect the privacy of people.
Key Topics Covered: Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview2.1 Introduction2.1.1 Overview2.1.1.1 Market composition and scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market RestraintsChapter 3. Competition Analysis – Global3.1 Cardinal Matrix3.2 Recent Industry Wide Strategic Developments3.2.1 Partnerships, Collaborations and Agreements3.2.2 Product Launches and Product Expansions3.2.3 Acquisition and Mergers3.3 Top Winning Strategies3.3.1 Key Leading Strategies Percentage Distribution (2018-2022)3.3.2 Key Strategic Move (Partnerships, Collaborations, and Agreements 2018, Jan – 2022, Apr) Leading PlayersChapter 4. Global Location Intelligence Market by Application4.1 Global Sales & Marketing Optimization Market by Region4.2 Global Asset Management Market by Region4.3 Global Remote Management Market by Region4.4 Global Customer Management Market by Region4.5 Global Risk Management Market by Region4.6 Global Facility Management Market by Region4.7 Global Workforce Management Market by Region4.8 Global Other Application Market by RegionChapter 5. Global Location Intelligence Market by Offering5.1 Global Solution Market by Region5.2 Global Services Market by Region5.3 Global Location Intelligence Market by Services Type5.3.1 Global System Integration Market by Region5.3.2 Global Consulting Market by Region5.3.3 Global Others Market by RegionChapter 6. Global Location Intelligence Market by End User6.1 Global Transportation & Logistics Market by Region6.2 Global BFSI Market by Region6.3 Global IT & Telecom Market by Region6.4 Global Retail & Consumer Goods Market by Region6.5 Global Government & Defense Market by Region6.6 Global Media & Entertainment Market by Region6.7 Global Manufacturing & Industrial Market by Region6.8 Global Others Market by RegionChapter 7. Global Location Intelligence Market by RegionChapter 8. Company Profiles8.1 Robert Bosch GmbH (Bosch Software Innovations GmbH)8.1.1 Company Overview8.1.2 Financial Analysis8.1.3 Segmental and Regional Analysis8.1.4 Research & Development Expense8.1.5 Recent strategies and developments8.1.5.1 Acquisition and Mergers8.1.6 SWOT Analysis8.2 Autodesk, Inc.8.2.1 Company Overview8.2.2 Financial Analysis8.2.3 Regional Analysis8.2.4 Research & Development Expenses8.2.5 Recent strategies and developments8.2.5.1 Partnerships, Collaborations, and Agreements8.2.5.2 Product Launches and Product Expansions8.2.6 SWOT Analysis8.3 Qualcomm, Inc.8.3.1 Company Overview8.3.2 Financial Analysis8.3.3 Segmental and Regional Analysis8.3.4 Research & Development Expense8.3.5 Recent strategies and developments8.3.5.1 Partnerships, Collaborations, and Agreements8.4 Tibco Software, Inc. (Vista Equity Partners)8.4.1 Company Overview8.5 Trimble, Inc.8.5.1 Company Overview8.5.2 Financial Analysis8.5.3 Segmental and Regional Analysis8.5.4 Research & Development Expense8.5.5 Recent strategies and developments8.5.5.1 Partnerships, Collaborations, and Agreements8.5.5.2 Product Launches and Product Expansions8.6 Esri, Inc.8.6.1 Company Overview8.6.2 Recent strategies and developments8.6.2.1 Partnerships, Collaborations, and Agreements8.6.2.2 Product Launches and Product Expansions8.6.2.3 Acquisition and Mergers8.7 Navizon, Inc.8.7.1 Company Overview8.8 SuperMap Software Co., ltd.8.8.1 Company Overview8.9 MDA Corporation8.9.1 Company Overview8.9.2 Financial Analysis8.9.3 Regional Analysis8.9.4 Research & Development Expense8.10. Cuebiq, Inc.8.10.1 Company Overview8.10.2 Recent strategies and developments8.10.2.1 Product Launches and Product Expansions
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