Geospatial Analytics Market Product Scope, Demand, Business Scenario, Trends, Share, Applications, Types and Forecasts 2

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 Market Intelligence Report provides a complete overview of the Geospatial Analytics market along with details on the competitive landscape and profiles of the key players operating in this business. Our analyst team evaluates many other important aspects of the market, including historical market trends, estimated growth rates, revenue generation, production capacity, pricing structure, and key market drivers, opportunities, challenges and constraints. Did. The latest research report offers an accurate study of the Geospatial Analytics industry and highlights key factors such as import/export analysis, production and consumption rates, distribution channels and consumer base in key regions of the global market.

The size of the global geospatial analytics market is projected to increase at a CAGR of 12.1% from 2017 to 2028, reaching USD 134.23 billion. Rising adoption of artificial intelligence (AI) and machine learning (ML) in geospatial analytics systems, fast urbanisation, an increase in the number of government projects, and improvements in 5G communication technology are some of the key drivers influencing market revenue growth. For instance, Esri and Microsoft introduced Geospatial AI in Azure in March 2018. Another reason driving the increase in market revenue is the military sector's growing demand for geospatial analytics to improve resource placement through predictive analytics. Urban planning and the development of smart cities make extensive use of geospatial analytics. Additionally, the creation and implementation of 5G network architecture heavily relies on geographical data.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Some of the key participants in this industry include:

ESRI, Precisely, Oracle Corporation, Alteryx, Fugro N.V., Hexagon AB, RMSI, SAP, Trimble Navigation Ltd., Maxar Technologies

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Target Audience of the Global Geospatial Analytics Market Report:

Key Market Players

Investors

Venture capitalists

Small- and medium-sized and large enterprises

Third-party knowledge providers

Value-Added Resellers (VARs)

Global market producers, distributors, traders, and suppliers

Research organizations, consulting companies, and various alliances interested in this sector

Government bodies, independent regulatory authorities, and policymakers

The global Geospatial Analytics market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Geospatial Analytics market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Geospatial Analytics market.

Segments Covered in this report are:

  • 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)

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Global Geospatial Analytics Market Geographical Landscape - Synopsis:

The report closely studies the growth trajectory of the global Geospatial Analytics market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.

The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.

Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.

Additional information offered by the report:

Along with a complete overview of the global Geospatial Analytics market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels. 

The report elaborates on the global Geospatial Analytics market size and share governed by the major geographies.

 It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.

It further presents a detailed description of the company profiles of the key market contenders.

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