Location intelligence is a founding pillar of customized user experiences enabling cabs, food and medicinal drugs to be ordered real-time through mobile apps or websites. These services deploy location intelligence to ensure safety, speed, and accuracy of services. By making timely investments in location intelligence, manufacturers will be suitably poised to take maximum advantage of next-generation, data-driven tech solutions.
For detailed insights on enhancing your product footprint, request for a sample here – https://www.factmr.com/connectus/sample?flag=S&rep_id=4592
The global location intelligence market is anticipated to grow at an astounding 15% CAGR during the forecast period (2019-2029). Advancements in security and functionality will influence customer preferences in the coming decade. Booming digital economy in developing countries offer several remunerative opportunities. Mobile app developers and organizations are recognizing the need for location intelligence partners that deliver end-to-end customized solutions.
Key Takeaways of Location Intelligence Market Study
- Sales & Marketing Optimization employs location intelligence to target consumers based on consumer proximity from services and products. Owing to the rampant increase in smartphone penetration and mobile app ecosystem, the sales & marketing optimization segment will gain over 6X growth from 2019 to 2029.
- Booming start-up ecosystem in developing markets is propelling the demand of location intelligence services from mobile app companies. System integration segment will register 3.5X growth during the forecast period.
- Prevalence of e-commerce amid increasing millennial population will bolster demand from retail & consumer goods segment. As consumers increasingly prefer convenience of e-commerce over in-store shopping, the need for delivery addresses positions retail & consumer goods segment for a 4X gain through 2029.
For critical insights on this market, request for methodology here – https://www.factmr.com/connectus/sample?flag=RM&rep_id=4592
Global Location Intelligence Market: In-Depth Assessment on Key Segments
The global location intelligence market is segmented on the basis of application, services, end use and region.
| Application |
- Workforce Management
- Asset Management
- Facility Management
- Risk Management
- Remote Monitoring
|
| Services |
- Workforce Management
- Asset Management
- Facility Management
|
For in-depth competitive analysis, buy now – https://www.factmr.com/checkout/4592
Growing Adoption of IoT and Artificial Intelligence to Favor Growth
Surging adoption of mobile devices for commercial transactions will drive growth throughout the forecast period. Emerging trends such as Internet of Things (IoT), artificial learning (AI), and machine learning (ML) will boost sales of location intelligence services. It is crucial for technology start-ups to record geographical data such as location. When coupled with consumer demographics, the information is paramount to product differentiation. IoT devices employed in smart homes and smart automotive warrant the use of location intelligence to detect data breach, risk patterns, and gainful opportunities to entice consumer action. The future of location intelligence market is smart technologies and the adoption of smart devices will propel the market to newer heights during the forecast period.
Why Choose Fact.MR?
- Deliver updated information on the current industry trends
- Available 24/7 to facilitate clients with unbiased solutions
- Embrace digital technologies to offer accurate business ideas
- Exhaustive supply chain augmentation analysis
- Provide reports strictly according to the requirements of the clients
Read More Trending and Similar Reports from Fact.MR – https://www.globenewswire.com/en/news-release/2020/03/09/1997228/0/en/MEMS-Sensor-Market-to-Reach-US-50-Bn-in-2027-Heightening-Prospects-of-Smart-Devices-and-EVs-Favor-Growth-Concludes-Fact-MR-in-a-New-Study.html
Explore Fact.MR’s Comprehensive Coverage on ICT Landscape
Vehicle-to-X Products Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/1839/vehicle-to-x-products-market
Facial Recognition Access Control Solution Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/1837/facial-recognition-access-control-solution-market
Patient Monitoring Systems Market Forecast, Trend Analysis & Competition Tracking – Global Market Insights 2018 to 2028- https://www.factmr.com/report/1835/patient-monitoring-systems-market
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
