Location Intelligence Market to Witness Widespread Expansion 2029Posted by Divakar on April 27th, 2021 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. 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. To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=4592 Key Takeaways of Location Intelligence Market Study
“Growing penetration of smart devices and support network infrastructure will drive market demand during the forecast period. Market players should invest in advancement of data security and connectivity. Another area of focus must be the interoperability of location intelligence with mobile apps, websites, and business software to facilitate seamless functioning of digital services.” –Says the Fact.MR Analyst 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. Find More Valuable Insights on Location Intelligence Market Fact.MR, in its new offering, provides an in-depth analysis of the global location intelligence market, displaying data on historical demand (2014-2018) and forecast data for the period, 2019-2029. The study provides readers with essential insights on the location intelligence market on the basis of application (workforce management, asset management, facility management, risk management, remote management, sales & marketing optimization, customer management, and others), services (consulting, system integration, and others), end use (retail & consumer goods, government & defense, manufacturing & industrial, transportation & logistics, BFSI, IT & telecom, utilities & energy, and media & entertainment), and across 6 key regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and Middle East & Africa). Interested to Procure The Data? Inquire here at – http://www.globenewswire.com/en/news-release/2020/04/06/2012194/0/en/Location-Intelligence-Market-Value-Set-for-Fourfold-Expansion-Through-2029-Retail-Consumer-Goods-Industry-a-Major-Demand-Generator-Says-Fact-MR.html Like it? Share it!More by this author |