Location Analytics in our digital age.
When it comes to Location Analytics, Connectikpeople.co talk about: Tools (Geocoding and Reverse Geocoding,
Data Integration and ETL, Reporting and Visualization, and Thematic Mapping); Services (Consulting Services, System
Integration) and others related trends.
The location analytics is an approach which converts the data into actionable
insights and the insights into business outcome.
The increasing adoption of smart technologies and connected devices is at
the core of this momentum.
According to Research and Markets, due to its better outcome when
integrated with the business process the location analytics market is expected
to grow from USD 7.2 Billion in 2015 to USD 14.2 Billion by 2020, at an
estimated Compound Annual Growth Rate (CAGR) of 14.5% from 2015 to 2020.
Major vendors that offer location analytics tools and services globally
include: SAS Institute (U.S.), TIBCO
Software (U.S.), Esri (U.S.), Oracle Corporation (U.S.), Pitney Bowes (U.S.),
and others.
