Geospatial Analytics Market Insights and Global Outlook During 2022 to 2027

The Geospatial Analytics Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Geospatial Analytics market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Geospatial Analytics market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Geospatial Analytics market.

The geospatial analytics market was valued at USD 22 billion in 2020 and is expected to reach a value of USD 33.19 billion by 2026, at a CAGR of 7.2%, over the forecast period (2021 - 2026). 

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Top Leading Companies of Geospatial Analytics Market are - ESRI Inc., MDA Corporation, Hexagon AB, Trimble Geospatial, Bentley Systems, Inc., Fugro NV, Harris Corporation, Atkins PLC, General Electric (GE), Critigen LLC, Intermap Technologies Inc. and others.

Industry News and Updates:

- September 2018 - Hexagon AB will be displaying its Smart M App portfolio, a simple to use the platform to build lightweight and dynamic applications targeted to solve a specific problem. The solution combines content, business workflows, and geoprocessing into a single application to deliver geospatial analytics as a service.

- March 2019 - Esri opened its latest research and development center, in New Delhi, India. The new location will focus on data science, deep learning, and geospatial artificial intelligence (GeoAI) solutions.

Key Market Trends:

Defense and Intelligence has Seen the Maximum Application in Geospatial Analytics Market

- Historically, the defense and intelligence end-user vertical has been one of the forerunners, in terms of geospatial analytics adoption for gathering actionable intelligence from massive amounts of imagery and other data.
- NATO, for its peacekeeping and security missions, need fast and easy access to accurate and up-to-date geographic information. Data, thus available, is analyzed to evaluate terrains, ship, and other vessels navigation and logistics management.

Asia-Pacific to Have the Highest Growth in Geospatial Analytics Market

-Chinese government is investing in developing a spaceborne-airborne observation system to improve the national, regional, and global ability in responding to emergencies, and to enhance human health, security, and well-being.
-The initiative from the government is also driving the growth for the geospatial analytics growth in the country. In 2018, the Chinese government initiated its first comprehensive survey of geographical conditions. It is going to be processed on the geographic investigation to report on the country's overall situation and data on land and soil, water, and agriculture, which serves as a firsthand reference for policymaking.

Investigator Observers Strong Growth in Specific Regions:

- Europe Market (Germany, UK, France, Russia, Italy)

- Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

- South America Market (Brazil, Argentina, Colombia)

- North America Market (United States, Canada, Mexico)

- Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Geospatial Analytics Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Geospatial Analytics Market (%),2016 - 2026
- Geospatial Analytics Market Share, By Brand
- Geospatial Analytics Market Share, By Company
- Geospatial Analytics Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Geospatial Analytics Market Value Analysis & Forecast
- Promising Geospatial Analytics Development by Major Companies
- Detailed Geospatial Analytics Portfolio of the Major Companies
- Major Deals in the Geospatial Analytics Market
- Major Companies Analysis

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