Global Geospatial Data Analytics Market 2023-2027

Global Geospatial Analytics Market 2023-2027

Technavio has been monitoring the geospatial analytics market and is forecast to grow by $102.97 bn during 2022-2027, accelerating at a CAGR of 17.72% during the forecast period. Our report on the geospatial analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing adoption of geospatial data analytics in the healthcare and insurance sectors, rising applications of geospatial data analytics in disaster management, and growing requirement for real-time data capture.

Technavio's geospatial analytics market is segmented as below:

By TechnologyGPSGISRemote sensingOthersBy End-userBFSIGovernment and utilitiesTelecomManufacturing and automotiveRetail and othersBy Geographical LandscapeNorth AmericaEuropeAPACMiddle East and AfricaSouth AmericaThis study identifies the emerging methods in data collection and generation as one of the prime reasons driving the geospatial analytics market growth during the next few years. Also, the development of indigenous mapping systems and the emergence of smart cities will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the geospatial analytics market covers the following areas:Geospatial analytics market sizingGeospatial analytics market forecastGeospatial analytics market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading geospatial analytics market vendors that include Alphabet Inc., Alteryx Inc., Autodesk Inc., Bentley Systems Inc., CartoDB Inc., Development Seed, Esri Global Inc., Fugro NV, General Electric Co., Geomap Co., Hexagon AB, International Business Machines Corp., L3Harris Technologies Inc., Maxar Technologies Inc., Pitney Bowes Inc., QlikTech international AB, SAP SE, TomTom NV, Topcon Positioning Systems Inc., and Trimble Inc. Also, the geospatial analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.