Global Geospatial Analytics Market: Regional Insights
North America is anticipated to gain strong growth in the global geospatial analytics market during the forecast period. The region has presence of major market players functioning in the geospatial analytics market. With increasing geospatial applications in transportation and defense sectors the market is likely to show substantial growth in the region. LBS-based geospatial mapping applications are gaining traction as a base for the United States Geological Survey (USGS) activities and for NASA. Thus, the demand for geospatial analytics is increasing in the region, which in turn is driving growth of the market.
Europe is also expected to show substantial growth in the global geospatial analytics market over the forecast period. The rise in technological innovations in the region along with growing use of big data in large organizations are the major factors fueling the need for spatial analytics solutions in the region. Moreover, rise in interest in commercial Earth Observation initiatives in the region are also driving growth of the global geospatial analytics market in Europe.
Geospatial Analytics Market Report Snapshots
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