Geospatial Solutions Market Report : By Industry Trends, Growth And Forecast 2023 To 2032 | Trimble Inc., Pitney Bowes Inc., Hexagon AB, Maxar Technologies, Harris Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the geospatial solutions market report by The Business Research Company, Growing research activities regarding space and earth and continuous investments in research activities are expected to propel the growth of the geospatial solutions market going forward. 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.

The global geospatial solutions market size grew from $440.6 billion in 2022 to $510.84 billion in 2023 at a compound annual growth rate (CAGR) of 15.9%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The geospatial solutions market size is expected to grow to $895.88 billion in 2027 at a CAGR of 15.1%.

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Major competitors in the Geospatial Solutions market include 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 Telecomunicaçes Navais.

The Geospatial Solutions market is segmented -
By Solution Type: Hardware, Software, Service

By Technology: Earth Observation, Scanning, Other Technologies

By Application: Surveying and Mapping, Geovisualization, Planning and Analysis, Land Management, Other Applications

By End-User: Utility, Business, Transportation, Defense and Intelligence, Infrastructural Development, Other End-Users

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Geospatial Solutions market.

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The geospatial solutions are solutions used to collect, store, manage, and organize data pertaining to geographic information such as zip codes, addresses, or latitude and longitude coordinates of a location. It uses data collected by satellites, digital and analogue maps, and aerial and street imagery.

The Table Of Content For The Geospatial Solutions Market 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

The "Global Geospatial Solutions Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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