Global Location Intelligence Market size was valued at US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2019 at a CAGR of 4.9 % during the forecast period.

The global Location Intelligence market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Location Intelligence report also provides trends by market segments, technology, and investment with a competitive landscape.
Overview of Location Intelligence:

Location intelligence is a type of business intelligence in which location or geography is the most important variable for analysis. Location intelligence is often connected with business intelligence, although it is also widely used to tackle a range of problems in a range of businesses and segments, including the public sector.

With the use of physical geography, demographics, and data relevant to the area, location intelligence helps organizations spot hazards, patterns, and opportunities.
Global Location Intelligence Market Dynamics:

Predictive analytics, risk management, real-time tracking of patterns and trends, and optimizing company services and operations are all examples of location intelligence. This factor is expected to drive the entire market by fueling the adoption of location intelligence services across companies. The increasing demand for local intelligence data to enhance business operations and provide personalized services is projected to further propel the industry.

The development in the portable navigation apparatuses, services for web mapping as well as the applications of the smartphone, are the factors considerably adding the growth of the market for location intelligence.

Additionally, growing funds for IoT, increasing infiltration of smart apparatuses as well as the network infrastructure, are the additional reasons, estimated to boost the market for location intelligence. Everything is connected online, from GPS-enabled cell phones and auto navigation systems to smart home and industrial gadgets.

The convergence of IoT with location intelligence has resulted in significant growth in the following industries.

• Smart City Planning and Management
• Supply Chain and Logistics
• Consumer Retail
• Insurance Companies
• Energy and Utilities
Impact of COVID-19 on location intelligence market

Due to lockdowns, travel bans, and business shutdowns, the COVID-19 has harmed economies and businesses in several countries. The closure of various plants and factories has had a severe influence on global supply chains, negatively affecting manufacturing, delivery schedules, and product sales in the worldwide market. A few companies have already stated that there may be delays in product deliveries and a drop in future sales. Furthermore, worldwide travel prohibitions implemented by countries in Europe, Asia, and North America are harming prospects for commercial cooperation and partnerships.
Global Location Intelligence Market Segmentation:

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Based on the service, the location intelligence market is segmented into consulting, system integration, and others. In 2019, the system integration sector had the greatest market share of nearly XX%. Many industries turn to system integrators for assistance in integrating location intelligence solutions with their assets, business processes, and products to collect a range of data that can then be analyzed to derive valuable insights. Due to the increasing requirement to integrate new data sources with the rising use of IoT and the ever-growing location-based data, the system integration segment is expected to see the most demand soon.

System integration is a cost-effective method for integrating IT application software and infrastructure from around the world.

System integration improves organizational productivity and efficiency by improving infrastructure management, reducing data redundancy, and maintaining data integrity. Furthermore, technical breakthroughs such as hardware and software solutions, mobile apps, and big data management software have an impact on enterprises all over the world. As a result, demand for reduced corporate complexity and standardized business procedures has increased, offering market potential.

One of the primary elements driving the market growth is expected to be rising consumer propensity toward virtualization. Virtualization allows many apps to run at the same time on the same server, allowing a user to complete numerous tasks at the same time. Furthermore, virtualization lowers additional IT running expenses while increasing computer hardware usage, flexibility, and efficiency. Furthermore, infrastructure integration allows several users to share a single piece of gear, making it a cost-effective alternative for enterprises with limited hardware budgets. Data Center Infrastructure Management (DCIM), building management, integrated communication, and network integration are among the infrastructure system integration services.

Global Location Intelligence Market
Global Location Intelligence Market Regional Insights:

Global Location Intelligence MarketNorth America had the majority of the market share in 2019, thanks to the presence of major IoT and location intelligence companies such as Bosch, Qualcomm, GE, HERE, Apple, and Google. The region is known for its rapid adoption of new technologies, great connectivity, and robust IT infrastructure. The largest share of the location intelligence software market is held by the United States and Canada, which are among the top customers in this region as well as globally.

On the other hand, the latest innovations in networking technology, an increase in the number of smartphone users, an increase in the number of service providers, and the rise of social media, Asia Pacific is expected to have the most growth throughout the projection period.
Artificial Intelligence (AI) developments:

In the Asia Pacific, companies are determined by the steady growth of artificial intelligence. The region should be the world leader in the development of AI. This is mainly attributed to various governments in the region's major and robust AI regulations. Japan, for example, aims to use AI's power in industrialization and production under Japan's artificial intelligence technology strategy and China is now constructing the first-generation AI development plan.

India also has its own National Intelligence Strategy, focusing on five key areas, chiefly farming, mobility, health, transport, and urban/smart city infrastructure.
Top 7 Intelligence Location Companies 2020:

1. Xtract.io
2. Mapinfo Pro
3. Carto
4. GapMaps
5. Geoblink
6. Maptive
7. Esri Arc GIS

The objective of the report is to present a comprehensive analysis of the Global Location Intelligence Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Location Intelligence Market dynamics, structure by analyzing the market segments and project the global Location Intelligence market size. Clear representation of competitive analysis of key players By Service, price, financial position, product portfolio, growth strategies, and regional presence in the Global Location Intelligence Market make the report investor’s guide.

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Global Location Intelligence Market
Global Location Intelligence Market, By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Location Intelligence Market Key Players

• Acorn Technologies
• Bosch Software Innovations GmbH
• ESRI
• Google LLC
• General Electric Company
• Gimbal
• HERE Technologies
• Qualcomm Incorporated
• Skyhook
• Wireless Logic Limited
• OmniSci, Inc.
• CARTO
• Geoblink
• QlikTech International AB
• ALTERYX, INC.
• Stairs Sudio Inc.
• Other Key Players

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