1) More intelligent marketing spend. If you know you have a higher LTV for females for your app between the ages of 18-34 and you do a portion of your advertising on Facebook, it would be good to target just those users.
2) Insights into broad customer engagement. Let's say your 18-34 female users return to your application more often than male users in the same demographic, it'd be helpful to know what friction points cause these users to drop off.
3) Insights into spending users. Being able to segment all your user actions by those who are free and those who spend money would help you optimize your paying funnel.
4) Bug reporting. Knowing where your users are located can help illuminate whether you have server and localization problems.
I can't think of any reasons why you'd use this information to voluntarily contact users other than support-related issues. If Netflix sent me an email that said "We think you'd like these movies because other males liked these movies" I'd probably de-activate immediately.