Revenue from global location intelligence and business intelligence market that came to value USD 84,435.5 in 2031

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 key players. To attain substantial market share in the worldwide Location Intelligence and Business Intelligence market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers & acquisitions, product innovations, collaborations & partnerships, joint ventures.

United States, Nov. 24, 2022 (GLOBE NEWSWIRE) — “Global Location Intelligence & Business Intelligence Market” is the title of a recently released report by market researcher JCMR. The research study involved expert opinion and with the help of primary and secondary data sources, and efforts were not limited to internal analysis alone. The research process on a particular market elaborates the study of both impacts; positive or negative about the industry or the market globally. 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, market opportunities and risks have been covered and the details have been included in the report. The market has been segmented on the basis of type, end user, regions and countries. The global location intelligence and business intelligence market is expected to reach a value of $84,435.5 million in 2031.

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Global Location Intelligence and Business Intelligence Market Review:

Location Intelligence (LI) is enabled through visualization and analysis of geospatial data. Analyzing 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 drive event analytics.

Business Intelligence (BI) is a technology-based program for presenting actionable information and analyzing data to help managers, business end users, and executives draw business conclusions. BI encompasses a wide variety of methods, tools and applications that enable management to gather data from external sources and internal systems for analysis, improvement and monitoring queries that create reports, dashboards and data visualizations to create existing analysis results of a company for decision makers and operators.

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Global Location Intelligence & Business Intelligence Market Dynamics:

Location intelligence is primarily driven by growing investment in the Internet of Things (IoT) and growing adoption of smart devices and network services as it enables smarter applications and better connectivity. Furthermore, the growing importance of wealth management across industries is expected to drive the growth of the target market over the forecast period. Furthermore, location intelligence also enables companies to identify customer behavior, consumer trends and niche market information to provide better products and services, make better decisions and mitigate market uncertainty.

The primary role of business intelligence is to assist in 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 transformed the new data they assemble into insights into business processes. This information is used to make strategic business decisions to improve productivity, increase revenue and accelerate growth.

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Global Location Intelligence and Business Intelligence Market Analysis and Regional Classification:

The regional breakdown in the global location intelligence and business intelligence market includes North America, Europe, Eastern Russia, South America and Міddle Еаісfіс & А. In 2021, North America had the highest revenues 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 10-year forecast period.
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Global Location Intelligence & Business Intelligence Маrkеt Ѕеgmеntаtion:

By type:

  • Location intelligence

  • Business intelligence

For end user:

  • BFS extension

  • Healthcare and life sciences

  • Government and public services

  • Retail trade and consumer goods

  • Telecommunications and information technology

  • Transportation and Logistics

  • Other

By region:

Major players in the market:

  • Pitney Bowes Inc

  • Caliper Inc

  • Google inc.

  • Oracle Corp

  • Information builders

  • IBM

  • Tableau software

  • cisco systems inc

  • Galigeus

  • Teradata Corp

  • ESRI

  • Locomotive

  • SpaceCurve

  • SAS Institute

  • TIBCO Software Inc

  • PlaceIQ Inc

  • Space PLC

  • Microsoft Inc

  • SAP SE

  • MicroStrategy

  • Other key players

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

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