Geospatial Analytics is a type of data analytics that uses geographic information system (GIS) technology to create maps and charts with information that is related to a specific location on the globe. With the rising adoption of Geospatial Analytics, services have become an important segment for the industry. Services support the deployment and integration of next generation geospatial analytics solutions into the existing business environment of enterprises. They are also able to assist businesses with smart governance and technology integration roadmaps. Geospatial Analytics has been adopted by a number of SMEs, especially due to its cost effectiveness and scalability. With increasing investments in IoT, it is expected that the demand for Geospatial Analytics services will continue to rise.

Market Dynamics:

The demand for geospatial analytics solutions is expected to grow further in the coming years due to several factors such as increasing number of development projects in various emerging economies, rapid urbanization and industrialization, rising e-commerce sales, and growing demand for location-based services. Thus, these factors are expected to propel growth of the global geospatial analytics market over the forecast period.

However, high cost of solutions and lack of skilled professionals is expected to hinder growth of the global geospatial analytics market during the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global geospatial analytics market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global geospatial analytics market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Alteryx, Inc., Bentley Systems Incorporated, ESRI, Furgo NV, General Electric, Hexagon AB, Google, Inc., MDA Corporation, Oracle Corporation, SAP SE, Trimble, Inc., and TOMTOM International, Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global geospatial analytics market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global geospatial analytics market

Detailed Segmentation:

• Global Geospatial Analytics Market, By Component:
  • Solution
  • Service
• Global Geospatial Analytics Market, By Solution:
  • Geocoding & Reverse Geocoding
  • Data Integration & ETL
  • Reporting & Visualization
  • Thematic Mapping & Spatial Analysis
  • Others
• Global Geospatial Analytics Market, By Deployment Mode:
  • On-premise
  • Cloud
• Global Geospatial Analytics Market, By Enterprise Size:
  • Large Enterprises
  • SMEs
• Global Geospatial Analytics Market, By Technology:
  • Remote Sensing
  • GIS
  • GPS
  • Others
• Global Geospatial Analytics Market, By Type:
  • Surface & Field Analytics
  • Network & Location Analytics
  • Geovisualization
  • Others
• Global Geospatial Analytics Market, By Industry Vertical:
  • Automotive
  • Energy & Utilities
  • Government
  • Defense & Intelligence
  • Smart Cities
  • Insurance
  • Natural Resources
  • Others
• Global Geospatial Analytics Market, By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
  • Alteryx, Inc.
  • Bentley Systems Incorporated
  • ESRI
  • Furgo NV
  • General Electric
  • Hexagon AB
  • Google, Inc.
  • MDA Corporation
  • Oracle Corporation
  • SAP SE
  • Trimble, Inc.
  • TOMTOM International, Inc.