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Geomarketing Market Size is Projected to Reach USD 142720 Million by 2026 - Valuates Reports

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Valuates Reports

15 Sep, 2020, 14:30 GMT

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BANGALORE, India, Sept. 15, 2020 /PRNewswire/ -- According to the Latest market research report "Geomarketing Market by Type (Wi-Fi, Bluetooth, Beacons, NFC, GPS), by Application (Indoor, Outdoor) and Region – Global Forecast to 2026", published on Valuates Reports. The global Geomarketing market size was USD 56470 Million in 2019, and it is expected to reach USD 142720 Million by the end of 2026, with a CAGR of 14.1% during 2021-2026.

The availability of product options and intense competition amongst businesses have created a need to effectively manage the long-term customer relationship and put tremendous pressure on marketing decision-makers.

Customer Relationship Management ( CRM) businesses are implementing a multifaceted geomarketing approach in an effort to optimize business value and generate new growth opportunities.

Get Detailed Analysis of COVID-19 Impact on Geomarketing Market: https://reports.valuates.com/request/sample/QYRE-Auto-1I3069/COVID_19_Impact_on_Global_Geomarketing_Market

TRENDS INFLUENCING THE GEOMARKETING MARKET SIZE

Major factors driving the Geomarketing Market size include increasing demand for cloud services, growing demand for location-based intelligence to enhance the business outcome, and communicating with customers, visitors, and using location analytics and big data.

With the increase of digital transformation, companies have begun switching to digital marketing platforms rather than conventional strategies, as these provide greater flexibility and customer interaction. Like advertising and television, traditional marketing methods are more costly and less effective than digital marketing instruments. Geomarketing helps organizations reach the right audience based on their location. This feature is expected to increase the marketing market size.

Furthermore, the rise in the adoption of advanced technologies has led to increased computer accessibility, resulting in data expansion, such as customer behavior in retail outlets, real-time marketing analysis, and sensor-driven decision analytics. This rapid growth in IoT is, in turn, expected to drive the geomarketing market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-1I3069/covid-19-impact-on-global-geomarketing

GEOMARKETING MARKET SHARE ANALYSIS

North America is expected to hold the largest Geomarketing Market share during the forecast period. This dominance of North America is attributed to the startup culture and advanced technology infrastructure and solutions.

Asia Pacific is expected to witness the highest growth during the forecast period. This is due to the growing need to cut costs associated with marketing and demand for improved customer service.

Inquire for Regional Report: https://reports.valuates.com/request/regional/QYRE-Auto-1I3069/COVID_19_Impact_on_Global_Geomarketing_Market

GEOMARKETING MARKET SEGMENTATION

The key players covered in this study

  • Google
  • Microsoft
  • IBM
  • Cisco
  • Oracle
  • Adobe
  • Salesforce
  • ESRI
  • Ericsson
  • Qualcomm.

Market segment by Type, the product can be split into

  • Wi-Fi
  • Bluetooth
  • Beacons
  • NFC
  • GPS.

Market segment by Application, split into

  • Indoor
  • Outdoor.

Market segment by Regions/Countries, this report covers

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
  • Central & South America.

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-1I3069&lic=single-user

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-1I3069&lic=enterprise-user

SIMILAR REPORTS :

●  Location-based Services Market

The location-based services market size was valued at USD 28.95 Billion in 2019 and is projected to reach USD 183.81 Billion by 2027, growing at a CAGR of 26.3% from 2020 to 2027.

The increase in demand for location-based services among various industry verticals for applications such as location-based ads, business intelligence & analytics, and fleet management is expected to drive the  Location-based Services Market size during the forecast period.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Manu-2E33/location-based-services

●  Location Analytics Market

The Global Location Analytics Market size is expected to grow from USD 10,262.21 Million in 2019 to USD 24,397.05 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 15.52%.

View Full Report: https://reports.valuates.com/market-reports/360I-Auto-5K203/the-global-location-analytics

●  Geofencing Market

In 2019, the global Geofencing market size was USD 625.8 Million, and it is expected to reach USD 2580.7 million by the end of 2026, with a CAGR of 22.3% during 2021-2026.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-4H185/geofencing

●  Geospatial Imagery Analytics Market

The Global Geospatial Imagery Analytics Market size is expected to grow from USD 4,766.33 Million in 2019 to USD 21,238.55 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 28.27%.

View Full Report: https://reports.valuates.com/market-reports/360I-Auto-1Y226/the-global-geospatial-imagery-analytics

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call  +1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com 
Twitter - https://twitter.com/valuatesreports 
Linkedin - https://in.linkedin.com/company/valuatesreports 
Facebook - https://www.facebook.com/valuatesreports

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