Blockchain Press Releases
Location Analytics Market size worth $ 49.12 Billion, Globally, by 2030 at 13.93% CAGR: Verified Market Research®
The “Global Location Analytics Market Size By Component (Solutions, Services), By Vertical (Retail, Manufacturing, Government And Defense), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Location Analytics Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., July 14, 2023 /PRNewswire/ — The Global Location Analytics Market is projected to grow at a CAGR of 13.93% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 15.34 Billion in 2021 and is expected to reach USD 49.12 Billion by the end of the forecast period.
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Browse in-depth TOC on “Location Analytics Market“
202 – Pages
126 – Tables
37 – Figures
Location Analytics Market: Unveiling Insights through Geographic Data Integration
The global location analytics market is set to witness significant growth in the coming years, driven by the increasing adoption of business intelligence (BI) tools that leverage geographic or location-based data. Location analytics plays a vital role in extracting valuable insights from spatial data, allowing businesses across various sectors to integrate three-dimensional (3-D) data with traditional BI data. This integration enables companies to contextualize and derive meaningful insights from location-centric data, empowering informed decision-making.
The rise of the Internet of Things (IoT) and the subsequent surge in data generated by connected devices have acted as key drivers for the adoption of location analytics solutions. Market vendors have harnessed real-time intelligence from devices like smartphones, Wi-Fi networks, Bluetooth-enabled beacons, and others, facilitating the implementation of cost-effective location analytics solutions.
One of the prominent factors contributing to the market’s growth is the increasing significance of asset management across industry verticals. Companies are striving to optimize their processes and generate substantial revenue, thereby creating a heightened demand for three-dimensional data. The adoption of competitive intelligence and predictive analytics solutions has become instrumental in driving business growth, further fueling the location analytics market throughout the forecast period.
Despite the market’s promising prospects, organizations often face challenges due to a lack of awareness and expertise regarding the functioning of location analytics tools. The initial investment required to deploy advanced location analytic tools is substantial, leading to concerns about the return on investment. Operational and technical challenges related to connectivity and data integration also pose additional obstacles for organizations. These factors are projected to impede the market’s growth during the forecast period.
Key players in the location analytics market include SAS, Esri, Oracle Corporation, Pitney Bowes, Microsoft Corporation, Galigeo, Cisco System, Inc., IBM Corporation, Purple, and GeoMoby. These companies have established themselves as leaders in the market by consistently delivering innovative location analytics solutions that address the evolving needs of businesses.
To gain a competitive edge in the market, companies are focusing on financial statements, product benchmarking, SWOT analysis, and key development strategies. By analyzing market trends and customer requirements, these players are continually enhancing their offerings to provide comprehensive location analytics solutions that cater to diverse industry needs.
Looking ahead, the location analytics market holds immense potential for growth and innovation. As organizations recognize the value of location-based insights and seek to leverage the power of spatial data, the demand for advanced location analytics solutions will continue to rise.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Location Analytics Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Location Analytics Market into Component, Vertical, And Geography.
- Location Analytics Market, by Component
- Solutions
- Services
- Location Analytics Market, by Vertical
- Retail
- Manufacturing
- Government and Defense
- Others
- Location Analytics Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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5 Best Location Analytics Software providing position knowledge with precision
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A Finiko executive has been sentenced to three years in prison by a Russian court for her involvement in what is described as the largest crypto scam in the post-Soviet era.
According to Izvestia, Liliya Nurieva, the former head of networks at Finiko, received a four and a half year sentence from a court in Vakhitovsky, Kazan on May 17. However, the court stated that it would take into account the time she had already spent in pre-trial detention as “time served.”
Despite prosecutors’ requests for a six and a half year sentence, the judge rejected them. Nurieva, who had faced a possible 10-year imprisonment, reached a “pre-trial agreement” with prosecutors.
Nurieva’s defense attorney announced her intention to appeal the verdict. She was convicted of fraud and organized crime-related charges.
Finiko, initially presented as a crypto “investment fund” in 2018, allegedly defrauded citizens of around $1.1 billion, according to the country’s Central Bank. Much of this sum remains unrecovered.
The unraveling of the project began in 2021, leading to the flight of many Finiko figures abroad. After an international manhunt, Interpol detained co-founder Edvard Sabirov in the UAE in late 2022, while co-founder Kirill Doronin was arrested in mid-2021.
However, Nurieva is the first Finiko executive to be convicted and sentenced.
Finiko promised investors an “automated profit-generating system” with returns of “up to 30%” on investments of $1,000 or more. It also offered various lending and financial services with lucrative terms.
The company allegedly employed Ponzi scheme tactics, using funds from new investors to pay off older ones. By mid-2021, its platforms became unstable, with customers reporting delayed payments. In June of that year, payments ceased entirely, the value of its cryptocurrency plummeted, and Finiko offices nationwide abruptly closed.
During its peak, Finiko enjoyed popularity on social media, and initial estimates suggested nearly 10,000 individuals invested in its platforms.
Nurieva’s defense argued that she was unaware of Finiko’s fraudulent nature upon joining and had invested her own money in the company. It wasn’t until later interactions with senior executives that she realized the scheme’s illegitimacy.
Some Finiko investors attended the trial, with one, Lyudmila Yamshchikova from Kazan, expressing disappointment over halted payments, which she had relied on for mortgage payments and other financial obligations.
Source: cryptonews.com
The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on HIPTHER Alerts.
Hong Kong’s launch of its first Bitcoin and Ether ETFs in late April aimed to capture part of the $55 billion US market. However, the ETFs have experienced investor outflows, perplexing analysts. Experts attribute this to concerns over China’s strict crypto stance and high management fees compared to US products.
Despite initial setbacks, some analysts remain optimistic. Bloomberg’s Rebecca Sin notes that total assets under management (AUM) exceed $250 million, indicating potential growth to $1 billion within two years. Hong Kong’s crypto journey is still unfolding, facing challenges from regulatory uncertainties and regional competitors like Singapore and Dubai.
On the Flipside
High Management Fees: Hong Kong’s ETFs have higher fees than similar US products, potentially deterring investors.
Regulatory Uncertainty: The evolving regulatory landscape in Hong Kong may create hesitancy among investors.
Institutional Adoption: Established financial institutions in Hong Kong may be slow to embrace crypto, limiting market growth.
Source: dailycoin.com
The post Hong Kong’s Crypto Ambitions Hit Snag: Can ETFs Steer the Ship? appeared first on HIPTHER Alerts.
In a bid to offer its users more opportunities in the Decentralized Finance (DeFi) space, Binance Web3 Wallet has introduced two new ways to earn: ‘Yield Plus’ and ‘Simple Yield’. These new features will be accessible right within the Binance Web3 Wallet Earn section.
About Yield Plus Zone
The Yield Plus Zone is a unique feature designed to showcase projects with potential airdrops or additional yield opportunities. This feature will give users easy access to projects that offer multiple levels of rewards. The initial projects that will be included are Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, StakeStone, and SolBlaze. Binance Web3 Wallet plans to announce exclusive campaigns in future updates through the Binance Web3 X account.
About Simple Yield Zone
The Simple Yield Zone allows users to earn an Annual Percentage Rate (APR) with stablecoins and other tokens by providing liquidity to lending protocols. When providing liquidity, users may receive both the Supply APR and Distribution APR, depending on the protocol chosen.
More on Binance Web3 Wallet
Developed with a commitment to innovation, security, and seamless user experience, the Binance Web3 Wallet is a secure, self-custodial crypto wallet integrated within the Binance App. It serves as a bridge between the Exchange and Web3, enabling users to interact with multiple blockchains, trade thousands of tokens, earn yield, and explore a selection of the best decentralized applications (dApps) all in one wallet.
Source: blockchain.news
The post Binance Web3 Wallet Introduces Yield Plus and Simple Yield appeared first on HIPTHER Alerts.
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