Geospatial Analytics Market Forecasts to 2030 – Global Analysis By Type (Network & Location Analytics, Surface & Field Analytics, Geovisualization and Other Types), Component, Deployment, Technology, Application, End User and By Geography

Geospatial Analytics Market Forecasts to 2030 – Global Analysis By Type (Network & Location Analytics, Surface & Field Analytics, Geovisualization and Other Types), Component, Deployment, Technology, Application, End User and By Geography


According to Stratistics MRC, the Global Geospatial Analytics Market is accounted for $89.9 billion in 2023 and is expected to reach $233.5 billion by 2030 growing at a CAGR of 14.6% during the forecast period. Geospatial analytics is the process of gathering, manipulating, analyzing, and interpreting geographical or spatial data to understand patterns, relationships, and trends within a particular area of interest. It involves the use of specialized techniques and technologies to extract valuable insights from various types of geospatial data, such as satellite imagery, GPS data, remote sensing data, aerial photographs, and geographic information systems (GIS) data. They can be applied across various fields, including urban planning, environmental monitoring, natural resource management, agriculture, transportation, disaster response, and public health, to make informed decisions, optimize operations, and solve complex spatial problems.

According to the ""World Cities Report 2022"" published by the United Nations Human Settlements Program (UN-Habitat), the share of the world’s population living in cities is anticipated to increase to 68% by 2050, from 56% in 2021.

Market Dynamics:

Driver:

Growing demand for location intelligence

The market is witnessing a significant surge in demand for location intelligence solutions. Businesses across various sectors, including retail, transportation, and urban planning, are recognizing the value of leveraging location data for informed decision-making. With the proliferation of IoT devices, satellite imaging, and advanced analytics techniques, there is a growing emphasis on harnessing spatial information to gain insights into market trends, optimize operations, and enhance customer experiences.

Restraint:

Data privacy and security concerns

Issues arise from potential unauthorized access, misuse, or exploitation of personal or proprietary geospatial data. Concerns include the risk of location tracking, invasion of privacy, and the potential for malicious actors to leverage this data for illicit purposes such as surveillance or targeting individuals. The market faces significant data privacy and security concerns due to the sensitive nature of location-based information.

Opportunity:

Expansion of IoT and remote sensing technologies

IoT devices facilitate seamless data collection from remote environments, while remote sensing technologies such as satellite imagery offer extensive coverage and detailed insights. This expansion revolutionizes geospatial analytics by providing unprecedented levels of accuracy, efficiency, and actionable information for decision-making processes across sectors like agriculture, urban planning, and environmental management. The market is experiencing profound transformation with the widespread integration of Internet of Things (IoT) and remote sensing technologies.

Threat:

Complexity of technology

Integration of artificial intelligence, machine learning, and big data techniques has enabled more sophisticated spatial modeling and predictive analytics. High-resolution imagery needs substantial investment, while ensuring accuracy adds another layer. Complexities also lie in ethical considerations and navigating legal restrictions on coverage. This intricate technological ecosystem demands expertise in diverse fields, from geomatics to data science, to harness the full potential of geospatial analytics solutions and remain competitive in the market.

Covid-19 Impact

The COVID-19 pandemic has significantly impacted the market, driving increased demand for solutions that support crisis management, supply chain optimization, and remote monitoring. Organizations have leveraged geospatial data to track the spread of the virus, allocate resources effectively, and assess the impact on various sectors like transportation and healthcare. Despite initial disruptions, the crisis has accelerated the adoption of geospatial technologies as businesses recognize their value in navigating complex challenges and building resilient strategies for the future.

The surface & field analytics segment is expected to be the largest during the forecast period

The surface & field analytics segment is estimated to hold the largest share. These analytics methods leverage advanced algorithms and geospatial technologies to extract insights from diverse sources such as satellite imagery, drones, GPS sensors, and ground-based sensors. They enable precise mapping, monitoring, and management of surface features like land cover, vegetation, water bodies, and terrain characteristics, facilitating informed decision-making across sectors like agriculture, environmental management, urban planning, and infrastructure development.

The remote sensing segment is expected to have the highest CAGR during the forecast period

The remote sensing segment is anticipated to have highest CAGR during the forecast period. Utilizing various sensors onboard satellites, aircraft, or drones, it captures detailed imagery and data across vast geographical areas. This data is then processed and analyzed to derive valuable insights for diverse applications including environmental monitoring, urban planning, agriculture, and disaster management. Remote Sensing's ability to provide timely, accurate, and spatially explicit information contributes significantly to informed decision-making processes in numerous industries.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period. With diverse landscapes and rapid urbanization, the demand for accurate and timely geospatial information is high. Remote sensing technologies, including satellite imagery and aerial surveys, offer cost-effective solutions for data acquisition over large areas. These technologies enable governments, industries, and research institutions to make informed decisions, drive sustainable development, and address pressing environmental challenges across the region.

Region with highest CAGR:

North America is expected to witness highest CAGR over the projection period, owing to increasing adoption across various sectors. Government initiatives promoting digitalization and infrastructure development are fuelling market expansion. Additionally, advancements in satellite technology and the proliferation of location-based services are enhancing the demand for geospatial analytics solutions. With a focus on sustainable development and smart city initiatives, these countries are investing heavily in geospatial technologies, fostering a favourable landscape for market players and stimulating innovation in the region.

Key players in the market

Some of the key players in the Geospatial Analytics Market include Alteryx, Bentley Systems, Blue Marble Geographic, Blue Sky Analytics, Caliper Corporation, Esri, Fugro, General Electric, Geomatic Consulting International, Geospin , HexagonAB, ReMOT Technologies, Maxar Technologies, Oracle Corporation, Orbital Insights, Pasco Corporation, Precisely, Skymap Global, Suntac Technologies and Trimble.

Key Developments:

In May 2023, TomTom International BV, a geolocation technology specialist, expanded its partnership with Alteryx, Inc. Through this partnership, Alteryx will use TomTom’s Maps APIs and location data to integrate spatial data into Alteryx’s products and location insights packages, such as Alteryx Designer.

In May 2023, Oracle Corporation announced the launch of Oracle Spatial Studio 23.1, available in the Oracle Cloud Infrastructure (OCI) marketplace and for on-premises deployment. Users can browse, explore, and analyze geographic data stored in and managed by Oracle using a no-code mapping tool.

In September 2022, Bentley Systems, Inc. and Genesys International, a pioneer in cutting-edge mapping and geospatial content services, announced the launch of Genesys' 3D City Digital Twin Solution for Urban India.

Types Covered:
• Network & Location Analytics
• Surface & Field Analytics
• Geovisualization
• Other Types

Components Covered:
• Solutions
• Services
• Other Components

Deployments Covered:
• On-Premises
• Cloud

Technologies Covered:
• Remote Sensing
• Geographic Information System
• Global Positioning System
• LiDAR (Light Detection and Ranging)
• Big Data Analytics
• Geospatial Cloud Services
• Other Technologies

Applications Covered:
• Natural Resource Management
• Urban Planning & Development
• Disaster Management
• Environmental Monitoring
• Other Applications

End Users Covered:
• Government & Public Sector
• Telecommunications
• Agriculture
• Defense and Security
• Tourism & Hospitality
• Retail & Marketing
• Other End Users

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements


1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Geospatial Analytics Market, By Type
5.1 Introduction
5.2 Network & Location Analytics
5.3 Surface & Field Analytics
5.4 Geovisualization
5.5 Other Types
6 Global Geospatial Analytics Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Geocoding & Reverse Geocoding
6.2.2 Thematic Mapping & Spatial Analysis
6.2.3 Reporting & Visualization
6.2.4 Data Integration
6.3 Services
6.3.1 Deployment & Integration
6.3.2 Consulting Services
6.3.3 Training, Support, and Maintenance
6.4 Other Components
7 Global Geospatial Analytics Market, By Deployment
7.1 Introduction
7.2 On-Premises
7.3 Cloud
8 Global Geospatial Analytics Market, By Technology
8.1 Introduction
8.2 Remote Sensing
8.3 Geographic Information System
8.4 Global Positioning System
8.5 LiDAR (Light Detection and Ranging)
8.6 Big Data Analytics
8.7 Geospatial Cloud Services
8.8 Other Technologies
9 Global Geospatial Analytics Market, By Application
9.1 Introduction
9.2 Natural Resource Management
9.3 Urban Planning & Development
9.4 Disaster Management
9.5 Environmental Monitoring
9.6 Other Applications
10 Global Geospatial Analytics Market, By End User
10.1 Introduction
10.2 Government & Public Sector
10.3 Telecommunications
10.4 Agriculture
10.5 Defense and Security
10.6 Tourism & Hospitality
10.1 Retail & Marketing
10.8 Other End Users
11 Global Geospatial Analytics Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Alteryx
13.2 Bentley Systems
13.3 Blue Marble Geographic
13.4 Blue Sky Analytics
13.5 Caliper Corporation
13.6 Esri
13.7 Fugro
13.8 General Electric
13.9 Geomatic Consulting International
13.10 Geospin
13.11 HexagonAB
13.12 ReMOT Technologies
13.13 Maxar Technologies
13.14 Orbica
13.15 Orbital Insights
13.16 Pasco Corporation
13.17 Precisely
13.18 Skymap Global
13.19 Suntac Technologies
13.20 Trimble
List of Tables
Table 1 Global Geospatial Analytics Market Outlook, By Region (2021-2030) ($MN)
Table 2 Global Geospatial Analytics Market Outlook, By Type (2021-2030) ($MN)
Table 3 Global Geospatial Analytics Market Outlook, By Network & Location Analytics (2021-2030) ($MN)
Table 4 Global Geospatial Analytics Market Outlook, By Surface & Field Analytics (2021-2030) ($MN)
Table 5 Global Geospatial Analytics Market Outlook, By Geovisualization (2021-2030) ($MN)
Table 6 Global Geospatial Analytics Market Outlook, By Other Types (2021-2030) ($MN)
Table 7 Global Geospatial Analytics Market Outlook, By Component (2021-2030) ($MN)
Table 8 Global Geospatial Analytics Market Outlook, By Solutions (2021-2030) ($MN)
Table 9 Global Geospatial Analytics Market Outlook, By Geocoding & Reverse Geocoding (2021-2030) ($MN)
Table 10 Global Geospatial Analytics Market Outlook, By Thematic Mapping & Spatial Analysis (2021-2030) ($MN)
Table 11 Global Geospatial Analytics Market Outlook, By Reporting & Visualization (2021-2030) ($MN)
Table 12 Global Geospatial Analytics Market Outlook, By Data Integration (2021-2030) ($MN)
Table 13 Global Geospatial Analytics Market Outlook, By Services (2021-2030) ($MN)
Table 14 Global Geospatial Analytics Market Outlook, By Deployment & Integration (2021-2030) ($MN)
Table 15 Global Geospatial Analytics Market Outlook, By Consulting Services (2021-2030) ($MN)
Table 16 Global Geospatial Analytics Market Outlook, By Training, Support, and Maintenance (2021-2030) ($MN)
Table 17 Global Geospatial Analytics Market Outlook, By Other Components (2021-2030) ($MN)
Table 18 Global Geospatial Analytics Market Outlook, By Deployment (2021-2030) ($MN)
Table 19 Global Geospatial Analytics Market Outlook, By On-Premises (2021-2030) ($MN)
Table 20 Global Geospatial Analytics Market Outlook, By Cloud (2021-2030) ($MN)
Table 21 Global Geospatial Analytics Market Outlook, By Technology (2021-2030) ($MN)
Table 22 Global Geospatial Analytics Market Outlook, By Remote Sensing (2021-2030) ($MN)
Table 23 Global Geospatial Analytics Market Outlook, By Geographic Information System (2021-2030) ($MN)
Table 24 Global Geospatial Analytics Market Outlook, By Global Positioning System (2021-2030) ($MN)
Table 25 Global Geospatial Analytics Market Outlook, By LiDAR (Light Detection and Ranging) (2021-2030) ($MN)
Table 26 Global Geospatial Analytics Market Outlook, By Big Data Analytics (2021-2030) ($MN)
Table 27 Global Geospatial Analytics Market Outlook, By Geospatial Cloud Services (2021-2030) ($MN)
Table 28 Global Geospatial Analytics Market Outlook, By Other Technologies (2021-2030) ($MN)
Table 29 Global Geospatial Analytics Market Outlook, By Application (2021-2030) ($MN)
Table 30 Global Geospatial Analytics Market Outlook, By Natural Resource Management (2021-2030) ($MN)
Table 31 Global Geospatial Analytics Market Outlook, By Urban Planning & Development (2021-2030) ($MN)
Table 32 Global Geospatial Analytics Market Outlook, By Disaster Management (2021-2030) ($MN)
Table 33 Global Geospatial Analytics Market Outlook, By Environmental Monitoring (2021-2030) ($MN)
Table 34 Global Geospatial Analytics Market Outlook, By Other Applications (2021-2030) ($MN)
Table 35 Global Geospatial Analytics Market Outlook, By End User (2021-2030) ($MN)
Table 36 Global Geospatial Analytics Market Outlook, By Government & Public Sector (2021-2030) ($MN)
Table 37 Global Geospatial Analytics Market Outlook, By Telecommunications (2021-2030) ($MN)
Table 38 Global Geospatial Analytics Market Outlook, By Agriculture (2021-2030) ($MN)
Table 39 Global Geospatial Analytics Market Outlook, By Defense and Security (2021-2030) ($MN)
Table 40 Global Geospatial Analytics Market Outlook, By Tourism & Hospitality (2021-2030) ($MN)
Table 41 Global Geospatial Analytics Market Outlook, By Retail & Marketing (2021-2030) ($MN)
Table 42 Global Geospatial Analytics Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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