Rising use of AI and ML in geospatial analytics, increasing number of government projects, and rapid urbanization are some key factors driving market revenue growth

The global geospatial analytics market size is expected to reach USD 134.23 Billion in 2028 and register a CAGR of 12.1% during the forecast period, according to latest analysis by Emergen Research. Some major factors driving market revenue growth of the market are rising use of Artificial Intelligence (AI) and Machine Learning (ML) in geospatial analytics systems, rapid urbanization, rising number of government projects, and advancements in 5G communication technology. 

The latest market intelligence report, titled ‘Global Geospatial Analytics Market’, is intended to provide the target audience with the necessary information about the global Geospatial Analytics industry.

In July 2020, ESRI added a new deployment option to ArcGIS Indoors and Space Planner and for ArcGIS Indoors Mobile in ArcGIS Pro, as part of June 2020 update.

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Major companies operating in Intelligent power module are ESRI, Precisely, Oracle Corporation, Alteryx, Fugro N.V., Hexagon AB, RMSI, SAP, Trimble Navigation Ltd., and Maxar Technologies.

The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Geospatial Analytics market players.

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The research study presents an industry-wide summary of the Geospatial Analytics market, including drivers, constraints, technological advancements, product developments, limitations, growth strategies, growth prospects, etc. among others. The Geospatial Analytics7 report analyzes the market based on different categories, such as product types, end-user applications, and leading geographical regions.

Segmental Analysis:

The Geospatial Analytics market report provides an in-depth analysis of the key competitors operating in the industry. The report offers insights into their product portfolio, business overview, financial standing, market position, revenue generation, market share and market size, and production and manufacturing capacity along with pricing analysis.

For this report, Emergen Research has segmented the global geospatial analytics market based on component, solution, application, deployment type, and region.

  • Component Outlook (Revenue, USD Billion; 2018–2028)
    • Solutions
    • Services
  • Solution Outlook (Revenue, USD Billion; 2018–2028)
    • Geocoding and Reverse Geocoding
    • Data Integration and ETL
    • Reporting and Visualization
    • Thematic Mapping and Spatial Analysis
    • Others (DBMS and Data Storage Software)
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Surveying
    • Medicine and Public Safety
    • Disaster Risk Reduction and Management
    • Climate Change Adaptation
    • Others (Supply Chain Planning and Optimization, Sales and Marketing Optimization, Predictive Asset Management, and Inventory Management)
  • Deployment Type Outlook (Revenue, USD Billion; 2018-2028)
    • On-Premise
    • Cloud

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Regional Analysis:

The Geospatial Analytics industry report mainly focuses on the key market regions where the market is spread, including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report further focuses on the key segments of the market, such as product types, application spectrum, technology, end-user industries, among others.

Major Geographies Analyzed in the Report:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Answered in the Report:

  • What is the growth rate of the Geospatial Analytics market? What is the anticipated market valuation of the Geospatial Analytics industry by 2027?
  • What are the key growth driving and restraining factors of the Geospatial Analytics market?
  • Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
  • What are the key opportunities and growth prospects of the Geospatial Analytics industry over the forecast period?
  • Which region is expected to show significant growth in the coming years?

Take a look “Table of Content Geospatial Analytics market”:

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2020-2028

Chapter 3. Key Insights

Chapter 4. Geospatial analytics market Segmentation & Impact Analysis

    4.1. Geospatial analytics market Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Use of AI and ML in geospatial analytics system

                    4.2.2.2. Rapid increase in the adoption of cloud technologies by the SMEs

                    4.2.2.3. Technological advancements in geospatial analytics

                    4.2.2.4. Rapid urbanization of developing economies of the world

          4.2.3. Market restraints analysis

                    4.2.3.1. Lack of awareness regarding the advantages and benefits of Geospatial data

                    4.2.3.2. Security concerns such as data theft and privacy breach

                    4.2.3.3. Strict government regulations regarding data privacy

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Geospatial analytics market By Component Insights & Trends, Revenue (USD Billion)

    5.1. Component Dynamics & Market Share, 2021 & 2028

          5.1.1. Services

          5.1.2. Solutions

Chapter 6. Geospatial analytics market By Solution Insights & Trends Revenue (USD Billion)

    6.1. Solutions Dynamics & Market Share, 2021 & 2028

          6.1.1. Geocoding and Reverse Geocoding

          6.1.2. Data Integration and ETL

          6.1.3. Reporting and Visualization

          6.1.4. Thematic Mapping and Spatial Analysis

          6.1.5. Others (DBMS and data storage software)

Continue..!!

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Contact Information:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs