Press Release

Location Analytics Market to Witness a CAGR of 13.02% during 2020 to 2026, Globally – Axiom MRC


Wilmington, May 3, 2021: Axiom Market Research & Consulting™ added a report on global location analytics market which includes study on component, services, location positioning, industry vertical, and application across various countries of key regions across the globe. The global location analytics market was projected to grow at a CAGR of 13.02% for the forecast period 2020 to 2026. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the nanocellulose market.     

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The report analyses the global location analytics market based on component, location positioning, industry verticals, application and geography. In terms of component, the market is divided into solution and services. Solution is further sub-segmented into thematic mapping, geocoding & reverse coding, spatial analysis, reporting & visualization. By Location positioning, the global location analytics market is segmented into outdoor positioning and indoor positioning. The global location analytics market by application is classified into risk management, customer experience management, remote monitoring, emergency response management, supply chain planning & optimization, location selection optimization. Based on industry verticals, location analytics market is segmented into retail, transportation & logistics, BFSI, healthcare, IT & telecom, energy and utilities, manufacturing.

The key companies in the Location Analytics Market are ALTERYX, INC., Cisco Systems, Inc., ESRI, Galigeo, IndoorAtlas Ltd., NEWGROVE Limited, Pitney Bowes Inc., SAS Institute, Inc., Software AG, Tibco Software Inc.

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Location Analytics Market Regional Trends

Geographically, the Location Analytics Market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and the rest of the world regions which includes Latin America, and Middle East & Africa. North America is expected to dominate the market growth. Europe is anticipated to show a favorable CAGR in the global market. Asia pacific is expected to display significant growth during the forecast period.

Location Analytics Market Segmental Highlights

  • The retail industry is forecasted to hold a large market share owing to the increasing use of spatial analytical tools and GPS for enhancing the indoor retail operations.
  • Outdoor positioning segment will account for a significant share in location analytics market due to urging need to integrate geographic and demographic information along with customer data to search for intricacies to outshine industry rivals.
  • Solution segment holds the largest share of the global location analytics market further service segment will probably demonstrate a momentous growth rate in the upcoming years

Research Objectives of Location Analytics Market Report:

  • Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.
  • Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
  • Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
  • Country-level analysis, integrating the demand and supply forces that are influencing the growth of the Nanocellulose Market.
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
  • Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players

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