The global demand for Geospatial Analytics Market is presumed to reach the market size of nearly USD 246.83 BN by 2030 from USD 71.72 BN in 2022 with a CAGR of 14.72% under the study period 2023 - 2030.
Geospatial analytics refers to the statistical report that holds a set of geographical information. The gathering of geospatial analytical data helps to build maps, graphs, and cartograms. The analysis provides accurate results in geographic modelling and data visualizations; therefore, it is used by many companies to process huge amounts of data. Geospatial analytics enables users to connect billions of mapped points during the visualization of real-time geospatial. The benefits of gathering, manipulating, and deploying geospatial analytical data include better foresight, engaging insight, and targeted solutions.
Market Dynamics
Geospatial analytics is used to monitor risk groups and susceptible geographical regions. Geospatial analytics uses advanced technology to predict and analyzes organizations' risk areas and measure the security to strengthen business areas. Increasing geospatial analytics in small and medium-scale enterprises is expected to boost geospatial analytics during the forecast period. Geospatial analytics used in enterprises helps them become more productive, smarter, and efficient. The demand for high-level data security and safety increases the need for geospatial analytics. The rise in cloud infrastructure for secured data saving is expected to boost the growth of geospatial analytics. Introducing advanced technologies like AI and ML in geospatial analytics solutions fuels the growth of the geospatial analytics market for the next six years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of geospatial analytics. The growth and trends of geospatial analytics industry provide a holistic approach to this study.
Market Segmentation
This section of the geospatial analytics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Components
By Solution
- Geocoding And Reverse Geocoding
- Data Integration And ETL
- Reporting And Visualization
- Thematic Mapping And Spatial Analysis
- Other Solutions (DBMS And Data Storage Software)
By Service
- Consulting
- Integration And Deployment
- Support And Maintenance
By Type
- Surface And Field Analytics
- Network And Location Analytics
- Geovisualization
- Other Types (Geocomputation, Geosimulation, Artificial Neural Networks (Ann), Map Generalization, Map Abstraction, Map Sheet, Manipulations, Digital Terrain Analysis, Buffer Generation, Polygon Overlay And Dissolve, And Data Measurements)
By Technology
- Remote Sensing
- GIS
- GPS
- Other Technologies (Internet Mapping Technologies)
By Deployment Mode
By Organization Size
By Application
- Surveying
- Medicine And Public Safety
- Disaster Risk Reduction And Management
- Climate Change Adaptation
- Other Applications (Supply Chain Planning And Optimization, Sales And Marketing Optimization, Predictive Asset Management, And Inventory Management)
By Vertical
- Utility
- Government
- Defense And Intelligence
- BFSI
- Real Estate And Construction
- Healthcare
- Mining And Natural Resources
- Security
- Logistics And Supply Chain
- Automotive
- Agriculture
- Others (Sports, Education, Tourism, And Media And Entertainment)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Geospatial Analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Geospatial Analytics Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the geospatial analytics market include Alteryx (US), Bentley Systems (US), CARTO (US), Descartes Labs (US), ESRI (US), Fugro (Netherlands), General Electric (US), Geospin (Germany), Google (US), Hexagon AB (Sweden), Mapidea (Portugal), MapLarge (US), Maxar Technologies (US), Oracle (US), Orbica (New Zealand), Orbital Insight (US), Precisely (US), RemOT Technologies (Spain), RMSI (India), SAP (Germany), Skymap Global (Singapore), Sparkgeo (Canada), TomTom (Netherlands), Trimble (US), Ubimo (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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