WILMINGTON, DE, UNITED STATES, May 6, 2024 /EINPresswire.com/ -- As per the report published by Allied Market Research, the global geomarketing market was pegged at $11.4 billion in 2021, and is expected to reach $78.9 billion by 2031, growing at a CAGR of 21.5% from 2022 to 2031.
The report provides an in-depth analysis of top segments, changing market trends, value chains, key investment pockets, competitive scenarios, and regional landscapes. The report is an essential and helpful source of information for leading market players, investors, new entrants, and stakeholders in formulating new strategies for the future and taking steps to strengthen their position in the market.
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Covid-19 scenario:
The geomarketing market witnessed stable growth during the Covid-19 pandemic due to surge in digital penetration during the lockdown period. Moreover, the strict social distancing policies and surge in adoption of work-from-home culture increased the demand for geomarketing services.
The increase in adoption of location-based services by several sectors such as transportation, manufacturing, government agencies, energy, natural resources management, and e-retail due to Covid-19 restrictions boosted the growth of the market.
During the pandemic, people become more inclined toward e-commerce, and companies focused on accelerating digital transformation. This positively affected the growth of the market.
The report segments the global geomarketing market on the basis of offering, deployment mode, enterprise size, industry vertical, and region.
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The global geomarketing market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The market across North America held the largest share in 2021, accounting for more than two-fifths of the market. However, the market across Asia-Pacific is anticipated to portray the highest CAGR of 23.6% during the forecast period.
The global geomarketing market includes an in-depth analysis of the prime market players such as Adobe, Cisco Systems, Inc., CleverTap, ESRI, Galigeo, Google LLC., HYP3R, Inc., IBM, Microsoft, Oracle, PlotProjects, Qualcomm Technologies, Inc., Saksoft, Salesforce, Inc., Software AG, Telefonaktiebolaget LM Ericsson, and Xtremepush.
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The report analyzes these key players in the global geomarketing market. These companies have adopted several strategies including expansion, new product launches, and partnerships to increase their market penetration and maintain their foothold in the industry. The report is helpful in determining the business performance, operating segments, product portfolio, and developments of every market player.
Table of Content: Chapter 1 : INTRODUCTIONChapter 2 : EXECUTIVE SUMMARYChapter 3 : MARKET OVERVIEWChapter 4 : GEOMARKETING MARKET, BY OFFERINGChapter 5 : GEOMARKETING MARKET, BY DEPLOYMENT MODEChapter 6 : GEOMARKETING MARKET, BY LOCATION TYPEChapter 7 : GEOMARKETING MARKET, BY ENTERPRISE SIZEChapter 8 : GEOMARKETING MARKET, BY INDUSTRY VERTICALChapter 9 : GEOMARKETING MARKET, BY REGIONChapter 10 : COMPETITIVE LANDSCAPEChapter 11 : COMPANY PROFILESChapter 12 : KEY INNOVATORSLIST OF TABLESLIST OF FIGURES
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published at https://www.einpresswire.com/article/709206253/geomarketing-market-size-expansion-to-drive-significant-revenues-in-the-future-google-llc-ibm-oracle-microsoft