Geospatial Analytics Market Share, Demand, Industry Analysis, Growth, Applications, Types and Forecasts 2028

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Rising use of AI and ML in geospatial analytics, increasing number of government projects, and rapid urbanization are some key factors driving market revenue growth

Emergen Research has published a novel research report titled, “Global Geospatial Analytics Market Forecast to 2028”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Geospatial Analytics Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.

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. 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.

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Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Geospatial Analytics market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Companies profiled in the global Geospatial Analytics market:

ESRI, Precisely, Oracle Corporation, Alteryx, Fugro N.V., Hexagon AB, RMSI, SAP, Trimble Navigation Ltd., Maxar Technologies

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Segments Covered in this report are:

  • 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)

Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The all-inclusive report on the Global Geospatial Analytics Market added by Emergen Research demonstrates that the global Geospatial Analytics market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Geospatial Analytics market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.

Key Benefits of Buying the Global Geospatial Analytics Report:

Comprehensive analysis of the changing competitive landscape

Assists in decision making processes for the businesses along with detailed strategic planning methodologies

The report offers an 8-year forecast and assessment of the Global Geospatial Analytics Market

Helps in understanding the key product segments and their estimated growth rate

In-depth analysis of market drivers, restraints, trends, and opportunities

Comprehensive regional analysis of the Global Geospatial Analytics Market

Extensive profiling of the key stakeholders of the business sphere

Detailed analysis of the factors influencing the growth of the Global Geospatial Analytics Market

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