The global location intelligence and business intelligence market revenue is projected to reach US$84,435.5 in 2031

JC Market Research

JC Market Research

The major players in the Location Intelligence and Business Intelligence market are Pitney Bowes Inc, Caliper Inc, Google Inc., Oracle Corp, Information Builders, IBM, Tableau Software, Cisco Systems Inc, Galigeo, Teradata Corp, ESRI, Locomizer, SpaceCurve, SAS Institute, TIBCO Software Inc, PlaceIQ Inc, Spatial Plc, Microsoft Inc, SAP SE, MicroStrategy, other major players. To gain significant market share and strengthen their position in the global location intelligence and business intelligence market, manufacturers are pursuing expansion methods such as recent developments, mergers and acquisitions, product innovations, collaborations and partnerships, and joint ventures.

USA, Nov. 24, 2022 (GLOBE NEWSWIRE) — “Global Location Intelligence & Business Intelligence Market” is the title of a recently published report by JCMR Market Research. The research study included first and second sources of data, and efforts were not limited to internal analysis only. The process of researching a particular market elaborates the study of both impacts; positively or negatively on the industry or the market worldwide. While research report includes various factors such as hіѕtоrісаl dаtа, tесhnоlоgісаl іnnоvаtіоnѕ, gоvеrnmеnt роlісіеѕ аnd mаndаtеѕ, соmреtіtіvе lаndѕсаре, nеw ѕоlutіоnѕ аnd аltеrаtіоnѕ сurrеnt аnd hіѕtоrісаl trеndѕ іn thе mаrkеt, market еnvіrоnmеnt, tесhnоlоgісаl аdvаnсеmеntѕ іn rеlаtеd іnduѕtrіеѕ as well as mаrkеt grоwth bаrrіеrѕ аnd сhаllеngеѕ , future scenarios, opportunities and market risks have been covered and details have been included in the report. The market has been segmented on the basis of type, end-user, region and country. The global location and business intelligence market revenue is projected to reach US$84,435.5 million in 2031.

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Overview of the Global Location and Business Intelligence Market:

Location Intelligence (LI) is made possible by the visualization and analysis of geodata. Analysis of geospatial data improves understanding, insight, decision making and forecasting. By adding layers of geographic data (such as demographics, traffic, and weather) to smart maps or dashboards, organizations can use intelligent tools to determine the analysis of events.

Business Intelligence (BI) is a technology-driven program for presenting actionable information and analyzing data to help managers, business end users, and executives make business conclusions. BI encompasses a variety of methodologies, tools, and applications that enable management to collect data from external sources and internal systems for analysis, refinement, and tracking queries that create reports, dashboards, and data visualizations to enhance an organization’s existing analytics create decision-makers and operators.

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Global Location Intelligence & Business Intelligence Market Dynamics:

Location intelligence is primarily driven by growing investments in the Internet of Things (IoT) and increasing adoption of smart devices and network services as they enable smarter applications and better connectivity. Furthermore, the growing importance of asset management across all industries is expected to drive the growth of the target market over the forecast period. In addition, location intelligence also enables businesses to identify customer behavior, consumer trends, and niche market insights to provide better products and services, make better decisions, and mitigate market uncertainty.

The main role of Business Intelligence is to support the development of a business by improving the collection of business data and then using that data to increase efficiency. Companies that have adopted BI practices have turned the new data they collect into insights into business processes. These insights are used to make strategic business decisions to improve productivity, increase revenue, and accelerate growth.

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Global Location and Business Intelligence Market Regional Focus and Analysis:

The regional segment in the global location and business intelligence market includes North America, Suroré, Аѕіа Расіfіс, Аouth Аmеріса and the Мiddle Еafіst & Аса. In 2021, North America achieved the highest revenue in the global location intelligence and business intelligence market. The Asia-Pacific market is expected to register a САGR of approximately 23.2% over the projected 10-year period.
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Global Location Intelligence & Business Intelligence market segment:

By type:

  • location intelligence

  • Business Intelligence

By End User:

  • BFSI

  • Healthcare and Life Sciences

  • government and utilities

  • retail and consumer goods

  • Telecom and IT

  • transportation and logistics

  • Other

By region:

Important market participants:

  • Pitney Bowes Inc

  • caliper inc

  • Google Inc.

  • Oracle Corp

  • information builder

  • IBM

  • Tableau software

  • Cisco Systems Inc

  • Galigeo

  • Teradata Corp

  • ESRI

  • Locomizer

  • SpaceCurve

  • SAS Institute

  • TIBCO Software Inc

  • PlaceIQ Inc

  • Spatial Plc

  • microsoft inc

  • SAPSE

  • MicroStrategy

  • Other key players

CONTACT: JCMARKETRESEARCH Mark Baxter (Head of Business Development) Phone: +1 (925) 478-7203 Email: [email protected] LinkedIn : https://www.linkedin.com/company/jcmarketreports/

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