According to the latest report by IMARC Group, titled “Location Intelligence Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the location intelligence market size exhibited strong growth during 2015-2020.Looking forward, IMARC Group expects the global location intelligence market to grow at a CAGR of around 15% during 2021-2026. Location intelligence refers to the methodology of deriving information and insights from geospatial data visually mapped by layering data spatially and chronologically. It involves the analysis of location data as an integral part of business intelligence and various other industries. The process uses people and technology to visualize spatial data to identify trends and relationships that result in actionable information. Many organizations rely on geographic information system (GIS) technology to create location intelligence as part of the digital transformation process. It also allows businesses and government analysts to optimize their strategic position by leveraging data created from consumer behavior and environmental factors.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends:

The global location intelligence market is primarily driven by the increasing demand for portable navigation devices, as well as web mapping services. It also offers benefits such as predictive analytics, risk management, real-time tracking of patterns and trends, and streamlining services, which, in turn, are positively influencing the growth of the market. Location intelligence companies provide tools to collect and compile big data and analyze, filter, and visualize the result at a broader and granular level. Software based on these tools allows the visualization of spatial data in intuitive ways. Furthermore, the development of numerous business-to-consumer (B2C) and business-to-business (B2B) solutions, coupled with enhanced location-sharing capabilities of mobile devices, are expected to propel the market in the coming years.

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Key Market Segmentation:

Competitive Landscape with Key Player:

The competitive landscape of the industry has also been examined along with the profiles of the key players

• Autodesk Inc.
•  ESRI
• HERE Global B.V.
•  Liberty Broadband Corporation
•  Navizon Inc.
•  Pitney Bowes Inc.
•  Qualcomm Technologies inc
•  SuperMap Software Co. Ltd.
•  TIBCO Software Inc.
•  Trimble Inc.
• Wireless Logic Limited.

Breakup by Service:

• Consulting
• System Integration
• Other

Breakup by Application:

• Sales and Marketing Optimization
• Remote Monitoring
• Workforce Management
• Asset Management
• Facility Management
• Risk Management
• Customer Management
• Other

Breakup by End Use Industry:

• Transportation and Logistics
• Retail and Consumer Goods
• Government and Defense
• Manufacturing and Industrial
• IT and Telecom
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

Key highlights of the report:

• Market Performance (2015-2020)
• Market Outlook (2021- 2026)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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