Press release
The global geospatial analytics market is projected to reach usd 150.75 billion by 2025, growing at a cagr of 19.35% from 2017 to 2025 and top key players are bentley systems, inc.,harris corporation , trimble navigation ltd., fugro n.v., hexagon ab , gen
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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Emergence of big data in geospatial analytics
1.2 Adoption of cloud computing in geospatial analytics
1.3 Better and less expensive geospatial content available
1.4 Rising need of security and safety
1.5 Commoditization of geospatial information
1.6 Integration of geospatial analytics with AI
2. Market Restraints
2.1 Issues with integration of geospatial data with enterprise solutions
2.2 Complex regulations and policies
2.3 Costly solutions
Market Segmentation:
The Global Geospatial Analytics Market is segmented on the application, type, technology, vertical, and region.
1. Application:
1.1 Disaster Risk Reduction & Management
1.2 Surveying
1.3 Climate Change Adaptation
1.4 Medicine & Public Safety
1.5 Others
2. By Type:
2.1 Geovisualization
2.2 Surface Analytics
2.3 Network Analytics
3. By Technology:
3.1 GIS
3.2 Remote Sensing
3.3 GPS
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4. By Vertical:
4.1 Defense and Intelligence
4.2 Government
4.3 Automotive
4.4 Natural Resources
4.5 Utility and Communication
4.6 Others
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Bentley Systems, Inc.
2. Harris Corporation
3. Trimble Navigation Ltd.
4. Fugro N.V.
5. Hexagon AB
6. General Electric
7. Macdonald, Dettwiler & Associates, Ltd.
8. Digitalglobe Inc.
9. RMSI
10. ESRI
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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