Posted By news degree
Posted on August 6, 2021

The global geospatial analytics market size is expected to reach USD 134.23 Billion in 2028 and register a CAGR of 12.1% during the forecast period, according to latest analysis by Emergen Research. Some major factors driving market revenue growth of the market are rising use of Artificial Intelligence (AI) and Machine Learning (ML) in geospatial analytics systems, rapid urbanization, rising number of government projects, and advancements in 5G communication technology. For instance, in March 2018, Esri and Microsoft launched Geospatial AI in Azure. Rise in demand for geospatial analytics from the military sector in order to optimize placement of resources by using predictive analytics is another factor contributing to market revenue growth. Geospatial analytics is being widely used in urban planning and smart cities. In addition, geospatial data plays an important role in the development and deployment of 5G network infrastructure.
The Geospatial Analytics market intelligence report aims to decipher solutions to several critical issues encountered by Geospatial Analytics market players that are curtailing the growth of the market. The Geospatial Analytics market report evaluates the viability of new investment projects and presents accurate market estimations. Overall, the report gives the major statistics on the current landscape of the Geospatial Analytics market and acts as an exhaustive database of valuable information for all the companies, stakeholders, distributors, and readers interested in strengthening their share in the global market.
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Global Geospatial Analytics market forecast has been provided following thorough study, focus, comparison, and analysis of a varying range of factors and past market forecast and present outcomes. Geospatial Analytics Market forecast is made possible through, but has not been limited to, a study and analysis of a variety of factors and trends, and these are verified through interviews with industry experts and companies operating in the market.
Competitive Scenario:
Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Geospatial Analytics market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive market revenue growth to a significant extent over the forecast period.
The Global Geospatial Analytics Market is consolidated due to the presence of a large number of both domestic and international manufacturers. The international companies are resorting to innovative expansion strategies like mergers and acquisitions (M&A), joint ventures, and collaborations, in order to broaden their product range, thereby increasing the global market share. The competition among the major competitors is dependent on several elements viz., the supply chain, technological innovation, production capacity, and cost analysis.
Top key Companies in Geospatial Analytics Market are:
ESRI, Precisely, Oracle Corporation, Alteryx, Fugro N.V., Hexagon AB, RMSI, SAP, Trimble Navigation Ltd., and Maxar Technologies
Browse Full Report Description with TOC@ https://www.emergenresearch.com/industry-report/geospatial-analytics-market
The Geospatial Analytics market report looks at the paradigm shifts in the market as seen in the global landscape to help readers capitalize on the developments in the competitive scenario. By accumulating industry-wide data, the report creates an exhaustive database containing all critical aspects of the global market including, Geographies, Technology, Product Types, Applications, Business Verticals, and Sales Channels, among others.
For this report, Emergen Research has segmented the global geospatial analytics market based on component, solution, application, deployment type, and region.
- Component Outlook (Revenue, USD Billion; 2018–2028)
- Solutions
- Services
- Solution Outlook (Revenue, USD Billion; 2018–2028)
- Geocoding and Reverse Geocoding
- Data Integration and ETL
- Reporting and Visualization
- Thematic Mapping and Spatial Analysis
- Others (DBMS and Data Storage Software)
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Surveying
- Medicine and Public Safety
- Disaster Risk Reduction and Management
- Climate Change Adaptation
- Others (Supply Chain Planning and Optimization, Sales and Marketing Optimization, Predictive Asset Management, and Inventory Management)
- Deployment Type Outlook (Revenue, USD Billion; 2018-2028)
- On-Premise
- Cloud
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Pivotal market aspects like market trends, the shift in customer preferences, fluctuating consumption, cost volatility, the product range available in the market, growth rate, drivers and constraints, financial standing, and challenges existing in the Geospatial Analytics market are comprehensively evaluated to deduce their impact on the growth of the Geospatial Analytics market in the coming years. The report also gives an industry-wide competitive analysis, highlighting the different market segments, individual market share of leading players, and the contemporary market scenario and the most vital elements to study while assessing the global Geospatial Analytics market.
Region wise performance of the Geospatial Analytics industry
An extensive analysis of the Geospatial Analytics market has also been performed, which includes different factors, right from region-centric statistical data and commercial progress to both macro- and micro-economic indicators that are vital to draw a precise forecast. Furthermore, the study gives a comprehensive assessment of the growth prospects, challenges, drivers, hurdles, and the patents observed in the Geospatial Analytics market. Additionally, the key vendor analysis, product launches, market trends, and revenue generation, have also been furnished in the report to help readers formulate lucrative strategies.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Key point summary of the Geospatial Analytics market report:
- The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
- The study categorizes the Geospatial Analytics market on the basis of leading regions, product types, applications, market value and volume, business verticals, and end-user industries.
- It also states the current scenario, historical data, giving an accurate market forecast for the coming years.
- Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the Geospatial Analytics market research report.
- The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall Geospatial Analytics market.
- It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give accurate Geospatial Analytics market insights.
- It also offers research-backed estimations for the forecast period of eight years, primarily to predict the potential Geospatial Analytics market growth.
Table of Content
Chapter 1. Methodology & Sources
1.1. Geospatial Analytics Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Geospatial Analytics Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Geospatial Analytics Market Segmentation & Impact Analysis
4.1. Geospatial Analytics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Geospatial Analytics Market indicators analysis
4.2.2. Geospatial Analytics Market drivers analysis
4.2.2.1. Rapid urbanization and industrialization
4.2.2.2. Stringent government regulations regarding carbon emissions
4.2.2.3. Increasing prevalence of respiratory diseases
4.2.2.4. Rising need to enhance indoor air quality
4.2.3. Geospatial Analytics Market restraints analysis
4.2.3.1. High cost associated with the maintenance of Geospatial Analytics products
4.2.3.2. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Geospatial Analytics Market Revenue Share By Manufacturers
10.2. Mergers & Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.2. Europe
10.5.1.3. Asia Pacific
10.5.1.4. Middle East & Africa
10.5.1.5. Latin America
10.5.2. Distributors
10.5.2.1. North America
10.5.2.2. Europe
10.5.2.3. Asia Pacific
10.5.2.4. Middle East & Africa
10.5.2.5. Latin America
10.5.3. Others
Continued….
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The post Geospatial Analytics Market Analysis By Industry Share, Merger, Acquisition, Size Estimation, New Investment Opportunities, Statistics, Overview, and Forecast till 2028 first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.