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Connecting the Dots: Harnessing OpenStreetMap for Big Data Analytics and Market Insights

Connecting the Dots: Harnessing OpenStreetMap for Big Data Analytics and Market Insights
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Author(s): Munir Ahmad (Survey of Pakistan, Pakistan)
Copyright: 2024
Pages: 19
Source title: Big Data Analytics Techniques for Market Intelligence
Source Author(s)/Editor(s): Dina Darwish (Ahram Canadian University, Egypt)
DOI: 10.4018/979-8-3693-0413-6.ch013

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Abstract

OpenStreetMap (OSM) emerges as a dynamic asset for market intelligence, opening a plethora of possibilities for businesses and organizations to enrich their strategies and decision-making processes. By tapping into the geospatial wealth offered by OSM, enterprises can glean valuable insights into market dynamics, consumer preferences, and competitive landscapes. This information can equip them to refine supply chain logistics, make well-informed choices about expansion initiatives, and seamlessly amalgamate diverse data sources to gain a holistic market perspective. OSM's utility can be extended to analyzing market share and extracting invaluable consumer behavior insights. Its adaptability can lend itself to tailor-made data amalgamation, facilitating bespoke market intelligence solutions. Additionally, OSM can be proved instrumental in amplifying digital marketing endeavors, fine-tuning SEO tactics, and delivering accessible public datasets, catering to businesses seeking seamless geospatial data integration.

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