Geospatial Analytics Market, By Component (Solution, Service), By Solution (Geocoding & Reverse Geocoding, Data Integration & ETL, Reporting & Visualization, Thematic Mapping & Spatial Analysis, Others), Deployment Mode (On-premise, Cloud),By Enterprise Size (Large Enterprises, SMEs), By Technology (Remote Sensing, GIS, GPS, Others), By Type (Surface & Field Analytics, Network & Location Analytics, Geovisualization, Others), By Industry Vertical (Automotive, Energy & Utilities, Government, Defense & Intelligence, Smart Cities, Insurance, Natural Resources, and Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Geospatial Analytics is a type of data analytics that uses geographic information system (GIS) technology to create maps and charts with information that is related to a specific location on the globe. With the rising adoption of Geospatial Analytics, services have become an important segment for the industry. Services support the deployment and integration of next generation geospatial analytics solutions into the existing business environment of enterprises. They are also able to assist businesses with smart governance and technology integration roadmaps. Geospatial Analytics has been adopted by a number of SMEs, especially due to its cost effectiveness and scalability. With increasing investments in IoT, it is expected that the demand for Geospatial Analytics services will continue to rise.
Market Dynamics:
The demand for geospatial analytics solutions is expected to grow further in the coming years due to several factors such as increasing number of development projects in various emerging economies, rapid urbanization and industrialization, rising e-commerce sales, and growing demand for location-based services. Thus, these factors are expected to propel growth of the global geospatial analytics market over the forecast period.
However, high cost of solutions and lack of skilled professionals is expected to hinder growth of the global geospatial analytics market during the forecast period.
Key features of the study:
This report provides in-depth analysis of the global geospatial analytics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global geospatial analytics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Alteryx, Inc., Bentley Systems Incorporated, ESRI, Furgo NV, General Electric, Hexagon AB, Google, Inc., MDA Corporation, Oracle Corporation, SAP SE, Trimble, Inc., and TOMTOM International, Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global geospatial analytics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global geospatial analytics market
Detailed Segmentation:
Global Geospatial Analytics Market, By Component:
Solution
Service
Global Geospatial Analytics Market, By Solution:
Geocoding & Reverse Geocoding
Data Integration & ETL
Reporting & Visualization
Thematic Mapping & Spatial Analysis
Others
Global Geospatial Analytics Market, By Deployment Mode:
On-premise
Cloud
Global Geospatial Analytics Market, By Enterprise Size:
Large Enterprises
SMEs
Global Geospatial Analytics Market, By Technology:
Remote Sensing
GIS
GPS
Others
Global Geospatial Analytics Market, By Type:
Surface & Field Analytics
Network & Location Analytics
Geovisualization
Others
Global Geospatial Analytics Market, By Industry Vertical:
Automotive
Energy & Utilities
Government
Defense & Intelligence
Smart Cities
Insurance
Natural Resources
Others
Global Geospatial Analytics Market, By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
Alteryx, Inc.
Bentley Systems Incorporated
ESRI
Furgo NV
General Electric
Hexagon AB
Google, Inc.
MDA Corporation
Oracle Corporation
SAP SE
Trimble, Inc.
TOMTOM International, Inc.