Global Geospatial Analytics Market

Geospatial Analytics Market 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

  • Report ID: ICT-SE-1562
  • Author: Growth Market Reports
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  • No. Of Pages: 189
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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.

Global Geospatial Analytics Market summary

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)

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.

Global Geospatial Analytics Market types

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.

Global Geospatial Analytics Market end-users

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.

Global Geospatial Analytics Market region

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.

Global Geospatial Analytics Market keyplayers

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

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

 

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.

Global Geospatial Analytics Market keyplayers

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