Global Geospatial Analytics Market By Overview
Geospatial analytics collects geographic data and imagery from earth observation, GIS, GNSS & positioning, 3D scanning, satellite pictures, location sensors, social media, and mobile devices, visualises it, and helps people and places find each other. Geospatial analytics insights aid decision-making and the formulation of focused marketing tactics to improve lead creation. The improvements in artificial intelligence, machine learning, and big data technologies are driving the growth of the geospatial analytics industry. Artificial intelligence helps businesses run more efficiently by reducing turnaround times, eliminating human errors, automating repetitive activities, analysing trends, and producing the intended results. Geospatial Analytics Market accounted for US$ 58.32 billion in 2020 and is estimated to be US$ 173.47 billion by 2030 and is anticipated to register a CAGR of 11.5%.
Global Geospatial Analytics Market By Dynamics
Artificial intelligence and machine learning, which are frequently employed to improve GIS solutions, have fueled the expansion of the geospatial analytics market in recent years. Enterprises and government institutes, weather centres, national labs, defence agencies, and organisations in the healthcare, agricultural, insurance, and transportation sectors all benefit from AI-based geospatial analytics and intelligence, often known as GeoAI or GEOINT. To increase operational performance and generate actionable insights from available data sources, the aforementioned end users are continually moving toward more data-driven approaches. Big data technological advancements are also driving demand for geospatial analytics in the market. The increased use of IoT devices, as well as connected and driverless vehicles, has pushed demand for geospatial analytics dramatically. However, high solution and service costs, as well as data protection and confidentiality of geospatial data, are some of the significant factor which hinders the market expansion.
Global Geospatial Analytics Market By Segmentation
The global geospatial analytics market is segmented by Type of Analysis, Technology, Application, End-User and Region.
On the basis of Type of Analysis, the global geospatial analytics market is segmented into Surface Analysis, Geo-visualization, Network Analysis, and Other Analysis Types. On the basis of Technology, the target market is segmented into Remote Sensing, Geographical Information Systems (GIS), Global Positioning Systems (GPS) and Other Technologies. Based on Application the market is segmented into Surveying, Medicine and Public Safety, Disaster Risk Reduction and Management and Other Application. Based on End User the market is segmented into Business, Utility and Communication, Defense and Intelligence, Government, Automotive and Others.
Regional Insights:
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Source: Prophecy Market Insights |
On region the global geospatial analytics market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In the geospatial analytics market, North America is one of the most important regions. Geospatial analytics are widely employed in North American applications such as construction, agriculture, transportation, and utilities. The development of mobile GIS technologies, which will have a favourable impact on the geospatial analytics market in this region, is likely to enhance demand for real-time information and location-based services in the future years. Furthermore, the presence of key firms in this region, such as Oracle (US), Google (US), Trimble (US), ESRI (US), and Maxar Technologies (US), is projected to drive the geospatial analytics market forward.
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Type of Analysis - Surface Analysis, Geo-visualization, Network Analysis, and Other Analysis Types By Technology – Remote Sensing, Geographical Information Systems (GIS), Global Positioning Systems (GPS) and Other Technologies By Application – Surveying, Medicine and Public Safety, Disaster Risk Reduction and Management and Other Application By End User – Business, Utility and Communication, Defense and Intelligence, Government, Automotive and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global geospatial analytics market report based on Type of Analysis, Technology, Application, End User and Region.
Global Geospatial Analytics Market, By Region:
- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Global Geospatial Analytics Market By Key Players
Key players in the global geospatial analytics market includes Trimble Inc., Hexagon, Maxar Technologies, Harris Corporation, Bentley Systems Incorporated, General Electric, Maplarge, RMSI, Topcon Corporation and Google LLC. Trimble stated in June 2021 that it has added a geotechnical portfolio to its geospatial automated monitoring portfolio as a result of a relationship with Worldsensing, a wireless connectivity technology provider and a prominent maker of geotechnical IoT monitoring solutions. With a comprehensive system that includes geotechnical and geospatial data, survey, geotechnical, and structural engineers may effortlessly increase their monitoring business potential. ESRI announced in May 2021 that ArcGIS Insights, its location analytics product, now supports connecting to cloud-native databases such as Snowflake, Google BigQuery, Amazon Redshift, Microsoft Azure SQL, and others, which many organisations have been adopting for scalability, cost of ownership, and performance reasons. This allows enterprises to quickly combine GIS data and cloud-native databases for analysis.
Global Geospatial Analytics Market By Company Profile
- Trimble Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hexagon
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Maxar Technologies
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Harris Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Bentley Systems Incorporated
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- General Electric
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Maplarge
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- RMSI
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Topcon Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Google LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
“*” marked represents similar segmentation in other categories in the respective section
Global Geospatial Analytics Market By Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- PORTER’s
- Investment Outlook
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Geospatial Analytics Strategies
- Key Questions this Study will Answer
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- By Types of Analysis (Surface Analysis, Geo-visualization, Network Analysis, Other Analysis Types)
- By Technology (Remote Sensing, Geographical Information Systems (GIS), Global Positioning Systems (GPS) and Other Technologies)
- By Application (Surveying, Medicine and Public Safety, Disaster Risk Reduction and Management and Other Application)
- By End-users (Business, Utility and Communication, Defense and Intelligence, Government, Automotive and Others)
- By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Regional Analysis
- Regional Revenue Analysis
- Regional By segment Analysis
- Reasons for regional growth
- Key Player of particular region
- Countries Include in the report:
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- North America (U.S., Canada)
- Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
- Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
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- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Competitive Overview
- Competitive Benchmarking
- Market Share Analysis
- Key Developments In The Global Geospatial Analytics Market
- Key Developments: Mergers & Acquisitions
- Key Developments: Collaboration
- Key Developments: Contracts & Agreements
- Key Developments: Expansion
- Key Developments: Product Developments
- Company Profiles
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SWOT Analysis
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- Trimble Inc.
- Hexagon
- Maxar Technologies
- Harris Corporation
- Bentley Systems Incorporated
- General Electric
- Maplarge
- RMSI
- Topcon Corporation
- Google LLC.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The global oncology drug market is segmented based on Type of Analysis, Technology, Application, End User & Region.
Artificial intelligence and machine learning, which are frequently employed to improve GIS solutions, have fueled the expansion of the geospatial analytics market in recent years.
North America has the greatest market for geospatial analytica, followed by Europe & also Asia-Pacific region.
Key players in the global geospatial analytics market includes Trimble Inc., Hexagon, Maxar Technologies, Harris Corporation, Bentley Systems Incorporated, General Electric, Maplarge, RMSI, Topcon Corporation and Google LLC.