Houston, TX -- (SBWIRE) -- 03/16/2019 -- Location Intelligence (LI) is a business intelligence (BI) tool function that associates geographic context with business data. Like BI, location software is designed to turn data into insights for multiple business purposes. These tools use a variety of data sources, such as geographic information systems (GIS), aerial maps, demographic information, and in some cases, the organizations own databases.

Research N Reports offers 2019 report on "Location Intelligence Services Market 2025" that evaluates industry growth trends through historical data and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2019-2025. The global location intelligence services market size is anticipated to reach USD +25 billion by 2025 and it is anticipated to expand at a CAGR of +15% over the forecast period.

Access to information about systems, assets and consumer performance is driven by increased use of smart devices and network infrastructures related to the digitization of the organization, driving the growth of the global location information services market. Demand for location data is expected to increase to improve business operations and services are expected to increase market growth.

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Top key players:

Google LLC, Apple Inc., Qualcomm Inc., TIBCO Software Inc., ESRI, and HERE

Majority of consumer electronics manufacturers are incorporating a variety of software and hardware components to collect consumer data over the internet. Companies can utilize customer position data and other information obtained from different sensors and smart devices to infer buying patterns and trends. They can use this data to plan future marketing campaigns and to improve product placement, thereby building a customer-centric business for enhanced customer experience.

Regions Included in this location intelligence services Market Report are as follows:

- North America
- Europe
- Asia-Pacific (APAC)
- Middle East
- Africa
- Latin America

Market Segmentation:

On the basis of service, the location intelligence services market has been segmented into consulting, system integration, and others. System integration segment accounted for over +44% market share in 2019, thus acquiring a majority revenue share. Many industries use system integrators to integrate location intelligence tools with their assets, business processes, and products to collect meaningful insights.

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The location intelligence services market report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis and so on to gauge the impact forces and potential opportunities of the market.

What Information does this report contain?

- Historical data coverage: 2014 to 2017; Growth Projections: 2019 to 2025.
- Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
- 6-7 year performance forecasts: major segments covering applications, top products and geographies.
- Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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