Geospatial Analytics Market will Grow at 17.89% CAGR During 2018 – 2023 | Worldwide Top Key Players – ESRI, MDA, HEXAGON AB, Geospatial, Bentley Systems, Fugro NV, Harris

Marketprognosis.com Publish a New Market Research Report On “Global Geospatial Analytics Market - Growth, Trends and Forecasts (2018 - 2023)” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Geospatial Analytics Market:

The Global Geospatial Analytics Market has been estimated at USD 39.46 Billion in 2017 and is expected to register a CAGR of 17.89% during the forecast period, 2018 to 2023. Europe accounted for the largest share, accounting for around 35% of the global market share, while Asia-Pacific is estimated to register the fastest CAGR through the forecast period, 2018-2023.

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A gradual shift in market dynamics of geospatial analytics has transformed the way end users interact with technology. The focus has shifted from standalone products with limited geo-referencing to the concept of u2018system integration’, wherein, geospatial analytics is being integrated across all the major workflows and solutions within a business.

The advent of UAVs and drones is partly responsible for greater availability of data, as they enable remote monitoring of location data with minimal human intervention. Consumerization of geospatial services is also expected to add further pressure on analytics vendors, to constantly innovate and collaborate with other firms for staying relevant in the market.

Geographically, Europe has the highest share, accounting for around 35% of the global market share in 2017. The market in Europe is highly driven by increased emphasis on security and safety, and the high demand for implementing geospatial services to gather real-time information. The major players in this region, such as Intergraph Corporation, Trimble Navigation Limited, and Hexagon AB, hold a significant share in the European geospatial analytics market. Asia-Pacific is the fastest growing region, owing to the increasing geospatial analytics market in China and Japan. The growth in China could be mainly attributed to its rapid industrialization and growth in the logistics and semiconductor sectors.

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Major Key Players:

1 ESRI Inc.

2 MDA Corporation

3 HEXAGON AB

4 Trimble Geospatial

5 Bentley Systems, Inc.

6 Fugro NV

7 Harris Corporation

8 Atkins Plc.

9 General Electric (GE) and More………………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Geospatial Analytics Market.

Table of Contents:

1 Introduction

2 Research Approach and Methodology

3 Executive Summary

4 Market Dynamics

5 Technology Snapshot

6 Global Geospatial Analytics Market Segmentation

7 Competitive Intelligence - Company Profiles

8 Investment Analysis

9 Future of the Geospatial Analytics Market

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This release was published on openPR.