According to IMARC Group’s latest report, titled “Geospatial Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027.’ the global geospatial analytics market reached a value of US$ 77.2 Billion in 2021. Geospatial analytics is the procedure to analyze geological data obtained from graphs, maps, statistics and cartograms. It involves combining a global positioning system (GPS) with 3D scanners, geotagging, location sensors, mobile devices and satellite imaging solutions to represent features or objects on the surface of the Earth. In addition, it adds timings and location to the real-time geospatial data to provide accurate insights through images and visual patterns.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
Request for a PDF sample of this report: https://www.imarcgroup.com/geospatial-analytics-market/requestsample
The market is primarily driven by the rising usage of geospatial analytics for defense and military applications. Defense organizations are increasingly adopting the technology for enhanced situational awareness, and satellite monitoring of troops and enemy movements. Besides this, the global outbreak of coronavirus disease (COVID-19) has escalated the demand for geospatial analytics for tracking and monitoring the affected areas. In addition, various emerging technologies, such as the integration of connected devices with machine learning (ML) and artificial intelligence (AI) solutions, are creating a positive market outlook across the globe. Other factors, including the development of the 5G infrastructure and the implementation of several government policies, are expected to propel the market growth in the upcoming years. Looking forward, IMARC Group expects the market to reach US$ 174.2 Billion by 2027, exhibiting a CAGR of 14.44% during 2022-2027.
Competitive Landscape:
- Alteryx Inc.
- Descartes Labs Inc
- Environmental Systems Research Institute Inc.
- General Electric Company
- Hexagon AB
- Oracle Corporation
- Orbital Insight Inc.
- SAP SE
- Sparkgeo
- TomTom N.V.
- Trimble Inc.
- Ubimo Ltd. (Quotient Technology).
Key Market Segmentation:
Breakup by Component:
- Solution
- Services
Breakup by Type:
- Surface and Field Analytics
- Network and Location Analytics
- Geovisualization
- Others
Breakup by Technology:
- Remote Sensing
- GIS
- GPS
- Others
Breakup by Enterprise Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Vertical:
- Automotive
- Energy and Utilities
- Government
- Defense and Intelligence
- Smart Cities
- Insurance
- Natural Resources
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Others)
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/geospatial-analytics-market
We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
