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Geospatial Analytics Market 2023 | Industry Analysis by General Electric, MDA, Fugro N.V., RMSI, Alteryx, Hexagon AB, Harris Corporation, DigitalGlobe Inc., Bentley Systems Inc.
Global Geospatial Analytics Market Research Report – by Component (Services & Software), Technology (Photogrammetric, LiDAR, Remote Sensing), Type (Surface, Network), application (land administration, survey solutions), and End-users - Forecast till 2023With the advancement of digital technology, there is a surging need for real-time information for forecasting, threat detection, and planning their workflow. In order to achieve their goals and objectives, the geospatial analytics is associated with a geographic information system (GIS) is required to integrate with the Internet of Things and sensor data.
Many companies are evolving new techniques to provide real-time information for various functional departments. For instance, Munich RE, one of the largest re-insurance companies, implements spatial data processing, predictive analytics, and simulation capabilities in SAP HANA to recognize the risk and cyber threat which is increasing at a faster rate. Furthermore, Munich Re also implements the cloud-based Earth Observation Analysis Service (EOAS) launched by SAP HANA to assess and analyze the natural disaster data with their customer information to improve the business decision capabilities more effectively and efficiently.
Additionally, IBM Watson has also expanded the product portfolio by engaging MAPBOX to escalate the geospatial analysis for providing a platform for analytics for the end users. However, increase in implementation of geospatial analytics solutions by governments and public safety organizations for safety and security is expected to increase the demand for the market over the forecast period.
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Segmentation
The geospatial analytics market is differentiated by component, type, technology, application, and end-user.
By component, the Geospatial Analytics Market is sub-segmented as services and software. On the basis of services, the market is sub-segmented into professional services and managed services. The professional services are further segregated into consulting services and training services. Additionally, by the type, the market is classified as surface analytics, network analytics, geo-visualization. Furthermore, on the basis of technology, the market is sub-divided into photogrammetric, LiDAR Technology, 3D laser scanning, remote sensing, a global positioning system (GPS), geographic information system (GIS), and others.
By application, the market is sub-divided into land administration, survey solutions, mobile mapping, climate change, medicine & public safety, disaster risk reduction & management, and others. Lastly, on the basis of end-user, the market is differentiated into agriculture, construction & real estate, energy, forestry, marine & mining, retail, transportation & logistics, and others.
According to Market Research Future analysis, Geospatial Analytics Markethas been valued at approximately over USD 95 billion growing with a 19% CAGR during the forecast period 2018-2023.
Key Players
Market research future identifies some of the key players of Geospatial Analytics market are IBM Corporation (U.S.), Trimble Navigation Ltd. (U.S.), ESRI (U.S.), General Electric (U.S.), MDA (Canada), Fugro N.V. (Netherlands), and RMSI (India), Alteryx (U.S.), Hexagon AB (Sweden), Harris Corporation (U.S.), DigitalGlobe, Inc. (U.S.), Bentley Systems, Inc. (U.S.), and Transerve technologies (India).
Target Audience
Associations & Industry Bodies
Cloud Service Providers
Technology Consultants
Value Added Resellers
Satellite Service Providers
Research Firms
Government Bodies, regulatory Firms
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LIST OF TABLES
Table1 Global Geospatial Analytics Market: By Region, 2017-2023
Table2 North America Geospatial Analytics Market: By Country, 2017-2023
Table3 Europe Geospatial Analytics Market: By Country, 2017-2023
Table4 Asia-Pacific Geospatial Analytics Market: By Country, 2017-2023
Table5 The Middle East & Africa Geospatial Analytics Market: By Country, 2017-2023
Continued……
LIST OF FIGURES
FIGURE 1 Global Geospatial Analytics Software Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Geospatial Analytics Software Market
FIGURE 4 Value Chain Of Global Geospatial Analytics Software Market
FIGURE 5 Share Of Global Geospatial Analytics Software Market In 2017, By Country (In %)
Continued……
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members
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