Location Intelligence can Stimulate the Development of New Enterprises

Source: prnewswire.com

The market for geospatial analytics has grown significantly because of integration with other technologies, like ML, IoT, and others. Business experts expect the highest CAGR for Network & Location Analytics of all the market segments during the forecast period. Businesses commonly used network and location analytics in the logistics and transportation sector to address complex routing problems. The network & location analytics market is growing significantly because of trends such as the rise of IoT, increased emphasis on market and competitive intelligence, and the expansion of spatial data across verticals. Data integration tools are required to combine data from several heterogeneous sources for corporate insight and to enhance client services.