Geospatial Analytics Market
Segments - by Type (Surface Analysis, Network Analysis, and Geovisualization), End-user Industry (Agriculture, Utility & Communication, Defense & Intelligence, Government, and Natural Resources), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The geospatial analytics market size is projected to register a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising use of GPS devices and technological advancements in GIS technology.
Geospatial analytics collects geographic data and imagery from earth observation, GIS, GNSS & positioning, 3D scanning, satellite pictures, location sensors, social media, and mobile devices, visualizes it, and helps people and places find each other. Geospatial analytics insights help decision-making and formulation of focused marketing tactics to boost lead creation.
The main goal of geospatial analytics is to connect GIS technology with other scientific technologies in order to analyze, convert, and evaluate usable information for business processes. In addition, geospatial analytics is being used in the industrial and automotive industries to improve communication between organizations and individuals.
The pandemic of COVID-19 has created enormous development prospects in the geospatial analytics sector. During the outbreak, the rising usage of smart wearables, robotics, and drones is aiding the growth of geospatial analytics solutions. It is possible to map COVID-19 confirmed and active cases to determine the source of infection. The mapping of demographic data aids in the monitoring of risk groups and vulnerable individuals. To ensure business continuity, geospatial technology anticipates and analyses risk regions inside companies and assesses operational capacity.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing usage of GPS devices is expected to fuel the market during the forecast period.
- Rising application of geospatial analytics in city and regional planning is key factor propelling the market.
- Issues about geoprivacy and confidential material is expected to restrict the market growth.
- Lack of awareness regarding advantages of geospatial analytics act as major challenge that can hamper the market growth in the coming years.
- R&D investment and technological advancement is anticipated to create lucrative opportunities for the market players.
Scope of the Report
The report on the geospatial analytics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
|
Attributes |
Details |
|
Report Title |
Geospatial Analytics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Type (Surface Analysis, Network Analysis, and Geovisualization), End-user Industry (Agriculture, Utility & Communication, Defense & Intelligence, Government, and Natural Resources) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
|
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
|
Key Players Covered in the Report |
General Electric (GE); Harris Corporation; ESRI Inc.; Atkins PLC; and Hexagon AB |
Market Segment Insights
The network analysis segment is projected to hold a major market share
Based on type, the geospatial analytics market is segregated into surface analysis, network analysis, and geovisualization. The network analysis segment is expected to represent a key share of the market during the forecast period. Network analysis is a GIS operation that examines datasets from a geographic or real-world network. Network analysis and locational analysis investigate the characteristics of natural and man-made networks in order to comprehend the behavior of flows inside and around such networks. It utilizes edge-node architecture to describe real-world information networks. A network analysis is a collection of interconnected lines. These lines indicate trains, streams, roads, waterlines, pipelines, communications lines, and other networks that must be examined. It might be either direct or indirect, as well as planned or unplanned.
The defense & intelligence segment is expected to grow at a rapid pace
On the basis of end-user industry, the geospatial analytics market is divided into agriculture, utility & communication, defense & intelligence, government, and natural resources. The defense & intelligence segment is expected to represent a key share of the market during the forecast period. In terms of geospatial analytics usage for obtaining actionable intelligence from large volumes of images and other data, the defense and intelligence end-user vertical has traditionally been one of the portents. NATO need quick and simple access to accurate and up-to-date geographic information for its peacekeeping and security missions. The information gathered is used to assess terrains, ship and other vessel navigation, and logistics management.
As crime rates have risen, governments have been forced to implement solutions that allow them to monitor the source of crimes or give them with intelligence that allows them to prevent crimes from occurring in the first place.
Asia Pacific is expected to dominate the market
On the basis of regions, the geospatial analytics market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is anticipated to dominate the market during the forecast period. The Chinese government is investing in the development of a spaceborne-airborne surveillance system in order to increase national, regional, and global emergency response capabilities, as well as to promote human health, security, and well-being.
The government's program is also propelling the country's geospatial analytics industry forward. In 2018, the Chinese government launched the country's first thorough geographical survey In India, the new trend of mobility as a service in the logistics business is gaining traction. According to Morgan Stanley, shared miles are anticipated to account for 35 percent of all miles travelled in India. Along with a continuing enormous shift in terms of electrification, this is one of the key driving prospects for new business models in the mobility industry.
Segments
Segments Covered in the Report
The geospatial analytics market has been segmented on the basis of
Type
- Surface Analysis
- Network Analysis
- Geovisualization
End-user Industry
- Agriculture
- Utility & Communication
- Defense & Intelligence
- Government
- Natural Resources
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- General Electric (GE)
- Harris Corporation
- ESRI Inc.
- Atkins PLC
- Hexagon AB
Competitive Landscape
Key players competing in the geospatial analytics market include General Electric (GE), Harris Corporation, ESRI Inc., Atkins PLC, and Hexagon AB.
Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Geospatial Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Geospatial Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Geospatial Analytics Market - Supply Chain
4.5. Global Geospatial Analytics Market Forecast
4.5.1. Geospatial Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Geospatial Analytics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Geospatial Analytics Market Absolute $ Opportunity
5. Global Geospatial Analytics Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Geospatial Analytics Market Size and Volume Forecast by Types
5.3.1. Surface Analysis
5.3.2. Network Analysis
5.3.3. Geovisualization
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Geospatial Analytics Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Geospatial Analytics Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Geospatial Analytics Demand Share Forecast, 2019-2026
7. North America Geospatial Analytics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Geospatial Analytics Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Geospatial Analytics Market Size and Volume Forecast by Types
7.4.1. Surface Analysis
7.4.2. Network Analysis
7.4.3. Geovisualization
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Geospatial Analytics Demand Share Forecast, 2019-2026
8. Latin America Geospatial Analytics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Geospatial Analytics Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Geospatial Analytics Market Size and Volume Forecast by Types
8.4.1. Surface Analysis
8.4.2. Network Analysis
8.4.3. Geovisualization
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Geospatial Analytics Demand Share Forecast, 2019-2026
9. Europe Geospatial Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Geospatial Analytics Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Geospatial Analytics Market Size and Volume Forecast by Types
9.4.1. Surface Analysis
9.4.2. Network Analysis
9.4.3. Geovisualization
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Geospatial Analytics Demand Share Forecast, 2019-2026
10. Asia Pacific Geospatial Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Geospatial Analytics Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Geospatial Analytics Market Size and Volume Forecast by Types
10.4.1. Surface Analysis
10.4.2. Network Analysis
10.4.3. Geovisualization
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Geospatial Analytics Demand Share Forecast, 2019-2026
11. Middle East & Africa Geospatial Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Geospatial Analytics Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Geospatial Analytics Market Size and Volume Forecast by Types
11.4.1. Surface Analysis
11.4.2. Network Analysis
11.4.3. Geovisualization
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Geospatial Analytics Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Geospatial Analytics Market: Market Share Analysis
12.2. Geospatial Analytics Distributors and Customers
12.3. Geospatial Analytics Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. General Electric (GE)
12.4.2. Harris Corporation
12.4.3. ESRI Inc.
12.4.4. Atkins PLC
12.4.5. Hexagon AB
2. Assumptions and Acronyms Used
3. Research Methodology
4. Geospatial Analytics Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Geospatial Analytics Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Geospatial Analytics Market - Supply Chain
4.5. Global Geospatial Analytics Market Forecast
4.5.1. Geospatial Analytics Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Geospatial Analytics Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Geospatial Analytics Market Absolute $ Opportunity
5. Global Geospatial Analytics Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Geospatial Analytics Market Size and Volume Forecast by Types
5.3.1. Surface Analysis
5.3.2. Network Analysis
5.3.3. Geovisualization
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Geospatial Analytics Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Geospatial Analytics Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Geospatial Analytics Demand Share Forecast, 2019-2026
7. North America Geospatial Analytics Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Geospatial Analytics Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Geospatial Analytics Market Size and Volume Forecast by Types
7.4.1. Surface Analysis
7.4.2. Network Analysis
7.4.3. Geovisualization
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Geospatial Analytics Demand Share Forecast, 2019-2026
8. Latin America Geospatial Analytics Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Geospatial Analytics Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Geospatial Analytics Market Size and Volume Forecast by Types
8.4.1. Surface Analysis
8.4.2. Network Analysis
8.4.3. Geovisualization
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Geospatial Analytics Demand Share Forecast, 2019-2026
9. Europe Geospatial Analytics Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Geospatial Analytics Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Geospatial Analytics Market Size and Volume Forecast by Types
9.4.1. Surface Analysis
9.4.2. Network Analysis
9.4.3. Geovisualization
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Geospatial Analytics Demand Share Forecast, 2019-2026
10. Asia Pacific Geospatial Analytics Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Geospatial Analytics Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Geospatial Analytics Market Size and Volume Forecast by Types
10.4.1. Surface Analysis
10.4.2. Network Analysis
10.4.3. Geovisualization
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Geospatial Analytics Demand Share Forecast, 2019-2026
11. Middle East & Africa Geospatial Analytics Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Geospatial Analytics Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Geospatial Analytics Market Size and Volume Forecast by Types
11.4.1. Surface Analysis
11.4.2. Network Analysis
11.4.3. Geovisualization
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Geospatial Analytics Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Geospatial Analytics Market: Market Share Analysis
12.2. Geospatial Analytics Distributors and Customers
12.3. Geospatial Analytics Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. General Electric (GE)
12.4.2. Harris Corporation
12.4.3. ESRI Inc.
12.4.4. Atkins PLC
12.4.5. Hexagon AB
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