The growing adoption of advanced technologies, real time analytics, spatial data and analytical tools are bolstering the need of foot traffic and customer location intelligence solution all over the world. The use of smartphones for tracking the count of the people is a growing space with the help of real time analytics. Considering innovative technological advancements, demand for foot traffic and customer location intelligence solutions is predicted to rise considerably during the forecast period.
MARKET SCOPE
The "Global Foot Traffic and Customer Location Intelligence Solution Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the foot traffic and customer location intelligence solution market with detailed market segmentation by component, application, industry vertical, and geography. The report provides key statistics on the market status of the leading foot traffic and customer location intelligence solution market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on component, the global foot traffic and customer location intelligence solution market is segmented into solution and services.
- On the basis of application, the market is segmented into workforce management, facility planning and management, foot traffic analytics and risk/security management.
- Based on industry vertical, the market is bifurcated into transportation and logistics, government and defense, retail, healthcare and other.
MARKET DYNAMICS
Drivers:
- Increasing focus on consumer behavior and customer preference.
- Rising urbanization and increasing per capita disposable income to boost the growth of this market.
- Growing adoption of data analytics in retail industry in many developing countries.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The foot traffic and customer location intelligence solution market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the foot traffic and customer location intelligence solution market in these regions.
IMPACT OF COVID-19 ON FOOT TRAFFIC AND CUSTOMER LOCATION INTELLIGENCE SOLUTION MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. This pandemic has led to economic crisis in many countries. Thus, resulting in decrease in expenditure on various non-essentials things. However, after the situation returns to normal, this market is expected to grow significantly all over the world.
MARKET PLAYERS
The report covers key developments in the foot traffic and customer location intelligence solution market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from foot traffic and customer location intelligence solution market are anticipated to lucrative growth opportunities in the future with the rising demand for foot traffic and customer location intelligence solutions in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the foot traffic and customer location intelligence solution market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AreaMetrics, Inc.
- Cuebiq Inc.
- Environmental Systems Research Institute (ESRI) Inc.
- Gravy Analytics
- HERE Technologies
- Near Pte Ltd.
- NinthDecimal, Inc.
- PlaceIQ
- Ubimo Ltd.
- Verve Wireless, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.