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The global geospatial analytics market attained a value of about USD 89.93 billion in 2023 and expected to grow at a CAGR of 12.6% during the forecast period of 2024-2032 to reach nearly USD 262.47 billion by 2032.
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The market for geospatial analytics is being driven by the outbreak of the COVID-19 pandemic. Geospatial techniques like geographical information systems (GIS) and mapping are being increasingly used to detect the pattern of the disease, thus, aiding the market growth. Moreover, the integration of artificial intelligence (AI) and machine learning (ML) systems to track real time updates on confirmed and active cases have helped governments and health workers around the world to identify and tackle the source of infection, which has further added to the market growth of geospatial analytics. The growing adoption of a remote and safe data collection and analysis technique like geospatial analytics to study the extent and impact of the pandemic, thus, aiding the process of decision making and planning, is also providing impetus for the market growth. Geospatial analytics is further being used to collect and analyse data for the distribution of vaccines through various parameters, such as demographical and geographical data, which is bolstering the industry growth.
Geospatial analytics is a means of collecting and studying real-time data based on geographic information systems (GIS) and imagery, using global positioning systems (GPS) and satellite photographs and other methods to accurately understand the dynamic relationship between demography and geography.
On the basis of component, the market is divided into:
Based on deployment mode, the market is segmented into:
By solution, the market is divided into:
On the basis of technology, the market is categorised into:
Based on industry vertical, the market is divided into:
On the basis of enterprise size, the market segmentation is as follows:
Based on type, the market is divided into:
Market Breakup by Region
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Owing to rapid urbanisation and technological advancements, government investments in smart cities around the globe are positively impacting the market growth of geospatial analytics. Research and development (R&D) activities in geospatial technology are being increasingly funded by various industries, providing further growth opportunities for market growth. The successful implementation of smart cities requires a digital system that can effectively manage data in a user-friendly manner, which is favouring the industry growth. The rising integration of IoT (Internet of Things) with the product to collect and analyse data regarding air and water quality to plan an urban environment in favourable conditions is further catalysing the market growth. As the interactive GIS graphic allows the visualisation of urban components, enabling users to update and follow static and dynamic data, geospatial analytics is witnessing rapid adoption, hence, bolstering the market growth.
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The report presents a detailed analysis of the following key players in the global geospatial analytics market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global geospatial analytics market attained a value of nearly USD 89.93 billion in 2023.
The market is projected to grow at a CAGR of 12.6% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 262.47 billion by 2032.
The market for geospatial analytics is being driven by the implementation of geospatial analytic techniques in COVID-19 management.
The rising demand for geospatial analytics in the construction of smart cities is anticipated to augment the market growth of geospatial analytics.
The major regional markets for geospatial analytics are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The major components of geospatial analytics in the market are solution and service.
The leading deployment modes of geospatial analytics in the market are on-premise and cloud.
The significant solutions of geospatial analytics in the industry are geocoding and reverse geocoding, data integration and ETL, reporting and visualisation, and thematic mapping and spatial analysis, among others.
Remote sensing, GPS, and GIS, among others, are the major technologies of geospatial analytics in the market.
Automotive, energy and utilities, government, defence intelligence, smart cities, insurance, and natural resource are the leading industry verticals in the industry.
The significant enterprise sizes of geospatial analytics are large enterprises and small and medium enterprises.
The major types of geospatial analytics in the market are surface and field analytics, network and location analytics, and geovisualition, among others.
The major players in the market are Oracle Corporation, Google LLC, Bentley Systems, Incorporated, ESRI, General Electric Co., Hexagon AB, Maxar Technologies Inc., SAP SE, Harris Geospatial Solutions, Inc., and Critigen LLC, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Deployment Mode |
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| Breakup by Solution |
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| Breakup by Technology |
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| Breakup by Industry Vertical |
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| Breakup by Enterprise Size |
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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