2022 Geospatial Solutions Market Size, Share, Trends, Industry Analysis, Business Overview, Future Challenges And Forecast To 2031

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The global geospatial solutions market report by the business research company growing research activities regarding space and earth and continuous investments in research activities to be a major growth driver for the geospatial solutions market. Governments all around the world are investing in geospatial technologies to improve national, regional, and global emergency response capabilities as well as to promote human health, security and well-being. For instance, according to Geospatial World, an India-based organization, in September 2020, China established a geospatial knowledge and innovation center. It helps China to develop its own geospatial technology used in various industries such as military, urban development, and others. Also, in 2020, China had around 40 successful orbital missions and has already launched 55 satellites. According to the government of the UK, in June 2020, the UK launched a geospatial strategy, which unlocks opportunities from location data. The strategy helps the UK to develop the location data framework in concurrence with the UN's Integrated Geospatial Information Framework (IGIF). Therefore, growing research activities regarding space and earth and constant investment in research activities are expected to propel the growth of the geospatial solutions market.

The global geospatial solutions market size is expected to grow from $378.45 billion in 2021 to $444.32 billion in 2022 at a compound annual growth rate (CAGR) of 17.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The geospatial solutions market is expected to grow to $797.35 billion in 2026 at a CAGR of 15.7%.

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North America was the largest region in the geospatial solutions market in 2021. The regions covered in the geospatial solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the geospatial solutions market are Trimble Inc., Pitney Bowes Inc, Hexagon AB, Maxar Technologies, Harris Corporation, Apple Inc., Amazon Web Services Inc., IBM, Oracle Corporation, SAP, Microsoft Corporation, General Electric Company, TomTom International B.V., Alphabet (Google), Topcon Corporation, HERE Technologies, Baidu Inc., Telenav Inc, RMSI Pvt. Ltd, and Telnav Telecomunicações Navais

The global geospatial solutions market is segmented -
1) By Solution Type: Hardware, Software, Service
2) By Technology: Earth Observation, Scanning, Other Technologies
3) By Application: Surveying and Mapping, Geovisualization, Planning and Analysis, Land Management, Other Applications
4) By End-User: Utility, Business, Transportation, Defense and Intelligence, Infrastructural Development, Other End-Users

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The Geospatial solutions market Report Contents Include
1. Executive Summary
2. Geospatial Solutions Market Characteristics
3. Geospatial Solutions Market Trends And Strategies
4. Geospatial Solutions Market - Macro Economic Scenario
5. Geospatial Solutions Market Size And Growth
.......
26. Africa Geospatial Solutions Market
27. Geospatial Solutions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Geospatial Solutions Market
29. Geospatial Solutions Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the geospatial solutions market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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