Customer Location Intelligence Solution Market Scope
The Global Customer Location Intelligence Solution market is expected to witness high demand due to the increasing use of e-commerce platforms across the world. Customer location intelligence provides analytic and operational solutions across organizations about the customer. The customer location intelligence solution market is adopting artificial intelligence that helps retailers enhance the in-store customer experience. AI helps understand the demographics and patterns of customers and deploys personalized recommendations, offers, and product assistance by analyzing the collected data.
The market study is being classified by Type (Hardware, Solution and Services [Data Analytics & Consulting, System Integration & Maintenance]), by Application (Workforce Management, Asset Management, Facility Management, Risk Management, Remote Monitoring, Sales & Marketing Optimization, Customer Management and Others) and major geographies with country level break-up.
The Players having a strong hold in the market are Customer Location Intelligence Solution. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Customer Location Intelligence Solution market throughout the predicted period.
Environmental Systems Research Institute (ESRI) Inc. (United States), HERE Technologies (United States), Cuebiq Inc (United States), AreaMetrics, Inc. (United States), Verve Wireless, Inc. (United States), PlaceIQ (United States), Placed (United States), Gravy Analytics (United States), Ubimo Ltd. (United States) and Near Pte Ltd. (United States) are some of the key players profiled in the study.
AdvanceMarketAnalytics has segmented the market of Global Customer Location Intelligence Solution market by Type, Application and Region.
On the basis of geography, the market of Customer Location Intelligence Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Market Leaders and their expansionary development strategies
On 14th August 2019, HERE Technologies, a global leader in location platform services, has announced a partnership with CarVi Inc. to provide better insights into driver behavior, improve driver safety and help with driver coaching. The new partnership provides greater intelligence for insurance risk analysis and helps consumers reduce insurance premiums
On 26th February 2019, HERE Technologies, a global leader in mapping and location platform services, and Blis, a global pioneer in advanced location data technology, today announced a partnership that will enhance Blisí audience ability to deliver premium, accurate and scalable points of interest (POIs) across all of its location-targeting insight capabilities and tools. and On 28th February 2019, Esri, the global leader in location intelligence has announced the acquisition of indoo.rs, GmbH a world-leading provider of Indoor Positioning System (IPS) technology and Esri partner.
- Huge Demand due to Growing Use of E-Commerce Platform
- Technological Advancement associated with the Customer Location Intelligence Solution
- The Increasing Demand from various End-User Industries
- Growing Demand for the Online Food Delivery
- High Demand due to Adoption of Artificial Intelligence
- The Emergence of IoT in the in Location Intelligence
- Technological Complexities Related to the Customer Location Intelligence Solution
- The Increasing Issues regarding Legal Concerns and Data Privacy Issues
- High Initial Cost of Deployment Associated with Customer Location Intelligence Solution
Key Target AudienceCustomer Location Intelligence Solution Providers, Government Regulatory Bodies, Private Research Organization, Government Research Organization and Others
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