2017-2025 Outlook for Global Geospatial Analytics Market Market Size, Share and Trends Analysis
According to a new report published by Reports Monitor titled, “Global Geospatial Analytics, Growth Opportunities, Innovations and Forecast, 2018-2025,” the Geospatial Analytics was valued at XX million in 2017, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2018 to 2025.
Geo-spatial analytics proves to be an efficient technology in gathering, displaying and manipulation of GPS and satellite based data. This analysis method adopts this data and represents it using maps, graphs, cartograms and others, thus allowing complex relationship understandable.
Availability of various advance technologies such as GPS, GIS, LiDAR technology, remote sensing helps in providing the real time information for various business domains thus enhancing the functional efficiency. Thus increasing demand for this technology from various end-sectors is mainly propelling the market growth. However, high cost and complexities involved in the integration of technology is mainly restraining the market growth.
This report provides a detailed analysis of Geospatial Analytics, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and porter’s analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources supported with either bottom up or top down approach.
Global geo-spatial analytics market is mainly bifurcated on the basis of component, type, technology, application, and end-user and applications. Based on component, market is bifurcated into: software and services, while on the basis of type, market is segmented into: surface analytics, network analytics, and geo-visualization. On the basis of technology, market is segmented into: photogrammetric, LiDAR Technology, 3D laser scanning, remote sensing, global positioning system, geographic information system, and others. Based on application, market is segmented into: land administration, survey solutions, mobile mapping and others, while on the basis of end-user, market is segmented into: agriculture, construction & real estate, energy, forestry, marine & mining, retail, transportation & logistics, and others.
The regional analysis of global geospatial analytics market involves the study across: North America, Europe, Asia Pacific and LAMEA. Rising demand for demand for this technology from various end sectors such as automotive and aerospace sectors is mainly influencing the growth of European market. Growing mobile users coupled with increasing demand owing to emergence of smart city concept is influencing the growth of Asia Pacific region.
Some of the key players of Geospatial Analytics Market include IBM Corporation, Trimble Navigation Ltd. , ESRI , General Electric (U.S.), MDA , Fugro N.V. , and RMSI , Alteryx , Hexagon AB , Harris Corporation , DigitalGlobe, Inc. , Bentley Systems, Inc. , and Transerve technologies
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