Home › News Updates › MarketsandMarkets identified as a key reference by Multidots in an article on Location Analytics in Retail Industry
Multidots recently mentioned MarketsandMarkets as their major reference in their article on location analytics in retail industry, highlighting the current and future scenario of the global location analytics market.
Location analytics is the Business Intelligence (BI) process for generating insights from the location-based or geographic data, which is being increasingly adopted by the retailers, since it benefits their businesses. The global location analytics market is estimated to be valued at USD 16.34 billion by 2021, growing at a high CAGR of 17.6% from 2016-2021, owing to the increasing amount of spatial data and significance for competitive intelligence, increasing importance of asset management across industry verticals, predictive analytics for business, and advent of IoT and proliferation of massive amount of data through connected devices.
For More Details:
Report mentioned in the above news is,
Location Analytics Market by Application, Component (Software and Services), Location (Indoor and Outdoor), Organization Size, Deployment Model (On-Premises and Hosted), Industry Vertical, and Region - Global Forecast to 2021.
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