I'm currently studying linear algebra with a great deal of attention to its definitions and theorems, but most of the time it seems that the motivation is always in applied or computational mathematics.
But I've seems comments like
(...) mathematics nowadays is basically the study of turning problems into linear algebra and solving them.
that got me thinking:
How researchers utilize linear algebra? Which areas benefit most from it? Which areas do not?
Linear Algebra is really used everywhere, throughout pure mathematics and applied. It's an extremely fundamental subject and in no way should you skimp on it. In fact, it's one of the classes you should make sure to master the most. I seriously cannot think of an area of math which doesn't use LA (except perhaps logic/set theory, but maybe even those).
Addressing your particular question
Linear Algebra is part of algebra, and most books on algebra will assume you have taken one or two classes in Linear Algebra.
The some of main objects of study in Algebra are groups, rings, and modules. Linear algebra concepts are used for every one of them, but in particular, modules. Modules themselves are a generalization of vector spaces, so if you study modules (very big area of study) you are studying a generalized linear algebra.