Location Analytics Market Worth $22.8 Billion by 2024 - Exclusive Report by MarketsandMarkets - Seite 2

Location analytics solution providers partner with other firms outside the spatial industry to educate them on the value of location intelligence and Geographical Information System (GIS) as a transformational business tool. They also work with existing clients and help them in exploring new opportunities for maximizing their Return on Investment (RoI). Consulting services play an important role in improving vendor performance while delivering location analytics solutions.

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North America to account for the highest market share during the forecast period

In North America, the US and Canada are the 2 major contributors to the overall Location Analytics Market growth. The US is expected to hold a higher market share in the Location Analytics Market. In the US, the government and defense, and telecommunication and IT verticals are expected to majorly contribute to the market growth.

The growth in North America is attributed to the rising technological advancements, increasing industry standards for location-based technologies, and growing financial support from the governments. The region has also witnessed the emergence of startups in the market.

Major vendors in the global Location Analytics Market include SAS (US), Esri (US), Oracle (US), Pitney Bowes (US), Microsoft (US), Galigeo (France), Cisco (US), IBM (US), Purple (UK), GeoMoby (Australia), Alteryx (US), CleverAnalytics (Czech Republic), IndoorAtlas (Finland), Lepton Software (India), and Quuppa (Finland).

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