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Global Geospatial Analytics Market 2021 Production, Revenue, Price and Gross Margin Analysis with Forecasts

Geospatial Analytics

The report focuses on the favorable Global “Geospatial Analytics market” and its expanding nature. The Geospatial Analytics market report provides a comprehensive study of the market segmentation, service providers, stockholders, sponsors, and important market players, size, and share, market dynamics such as the growth drivers, restraints, challenges, and opportunities.

Market Overview:

  • The geospatial analytics market is expected to reach USD 111.12 billion by 2024, at a CAGR of 18.33% during the forecast period (2019 – 2024).
  • – Geospatial analysis refers to a broad range of activities, which emphasize on applying various techniques to data, comprising of geographical or space-related characteristics.
  • – Some of the key factors driving the growth of the geospatial analytics market include the growing use of GPS devices, technological advancements in the field of GIS technology, recent trends in integration and convergence of geospatial technologies, advent of new business models aimed at leveraging the demand for geospatial information, and increased application of geospatial analytics in city and town planning.
  • – There have been recent developments leading to the convergence of geospatial practices. For instance, Kongsberg Geospatial, an Ottawa-based developer of real-time, mission-critical, geospatial visualization software, and CarteNav Solutions, a leading provider of situational awareness solutions for the maritime, land, and air environments, recently declared that their TerraLens platform was selected by CarteNav to provide geospatial capabilities for its new generation of CarteNav’s mission system software called AIMS.
  • – There are also high costs and operational concerns. However, geospatial analytics tools are further leveraging the strengths of machine learning models, for making informed predictions and unlocking key patterns, among the real-world problems.

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    Key Manufacturers

  • ESRI Inc.
  • MDA Corporation
  • Hexagon AB
  • Trimble Geospatial
  • Bentley Systems, Inc.
  • Fugro NV
  • Harris Corporation
  • Atkins PLC
  • General Electric (GE)
  • Critigen LLC

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    Geospatial Analytics market report focuses on the latest trends in the global and regional spaces on all the significant components, including the capacity, cost, price, technology, supplies, production, profit, and competition. Moreover, the old data and present development of the Geospatial Analytics market have been given in the scope of the report. The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Geospatial Analytics market have also been involved in the study.

    Scope of the Report:

  • The geospatial analysis uses this data to build infrastructure, graphs and blueprints, statistics, and cartograms, making complex relationships understandable. It collects information, display of images, geographical coordinates, etc. It is used in monitoring the climate and weather, helps retail stores in planning their logistics transportation, human population forecasting, and others.

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    TOC of Geospatial Analytics Market Report Covered:

    Introduction, Research Methodology, Executive Summary, Key Inferences, Market Overview, Geospatial Analytics market Dynamics, Market Segmentation, Competitive Landscape, Key Players, Future of the Market, and continued…

    Reasons to Purchase Geospatial Analytics Market Report Covered:

    • The report analyses how Geospatial Analytics market will grow in the future.
    • Analyzing various perspectives of the Geospatial Analytics market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market and regions that are expected to witness the fastest growth during the forecast period
    • Recognize the new developments, Geospatial Analytics market shares and policies employed by the major market players.
    • Competitive landscape including the Geospatial Analytics market share of major players along with the key policies accepted for development in the past five years
    • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis and strategies employed by the major Geospatial Analytics market players

    Key Market Trends:

    Business Segment has Seen the Maximum Application in Geospatial Analytics Market

    – With the increase in global urbanization, there is a rising investment in infrastructure and construction. The growth of the industry is further fueled by the adoption of technology.
    – Geospatial technology and building information modeling (BIM) are used to intelligently model urban infrastructure and construction projects.
    – Geospatial analytics has also found its application in the retail business sector. While making business plans to develop the retailer’s business, attaching a geographical segment to track customer sentiment makes a lot of difference.
    – Real-time analysis is conducted on location-stamped and time-stamped consumer data. With the help of implementation of geospatial technology, retailers can answer many questions, such as demographics of people going past their location, competitor store analysis, customer interest in competitor stores, and others.
    – Geospatial technology also helps logistics drivers visualize garage locations and various fueling stations nearby.
    – Asset-based intelligence systems are adopted by transportation and logistics companies, which operate with large networks of assets to constantly try to maximize the use of those assets.

    to Have the Highest Growth in Geospatial Analytics Market

    – The geospatial analytics industry is booming because industries have been moving toward Big Data analytics exponentially in the an region. More and more industries have started implementing this in their businesses.
    – There is a high demand for GIS and GPS technologies in the an industry for monitoring and tracking, location mapping that enables real-time location tracking.
    – There is a high number of users with no expertise in geospatial analytics who are using this technology.
    – Industries like banking, insurance, and retail are non-geospatial in nature but are beginning to use geospatial technologies for their benefit.
    – Consumption-based business model and shared economic infrastructure model are coming more into focus as users like to pay for what they consume. Industry providers also like to make efficient use of value added through the cloud and open data to their service offerings that are becoming more solution centric.

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    Study objectives of Geospatial Analytics Market Report:

    • To provide a detailed analysis of the market structure along with the Geospatial Analytics market forecast of various segments and sub-segments of the Geospatial Analytics market
    • To provide insights into factors influencing and affecting market growth
    • To provide historical, current, and forecast revenue of market segments based on material, type, design, and end user
    • To provide historical, current, and forecast revenue of market segments and sub-segments with respect to regional markets and key countries
    • To provide strategic profiling of key players in the market, comprehensively analyzing their market shares, core competencies, and drawing a competitive landscape for the market
    • To provide economic factors, technology and Geospatial Analytics market trends that influence the global Geospatial Analytics market

    Detailed TOC of Geospatial Analytics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Convergence of Geospatial Practices
    4.3.2 Increased Adoption of Geospatial Services in Novel Applications
    4.3.3 Commoditization of Geospatial Information
    4.4 Market Restraints
    4.4.1 High Costs and Operational Concerns
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Forces Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Surface Analysis
    5.1.2 Network Analysis
    5.1.3 Geovisualization
    5.1.4 Other Types of Geospatial Analytics
    5.2 By Technology
    5.2.1 Remote Sensing
    5.2.2 GPS
    5.2.3 GIS
    5.2.4 Other Geospatial Analytics Technologies
    5.3 By Application
    5.3.1 Surveying
    5.3.2 Disaster Risk Reduction and Management
    5.3.3 Medicine and Public Safety
    5.3.4 Climate Change Adaption
    5.3.5 Other Geospatial Analytics Applications
    5.4 By End-user Vertical
    5.4.1 Business
    5.4.2 Utility and Communication
    5.4.3 Defense and Intelligence
    5.4.4 Automotive
    5.4.5 Government
    5.4.6 Natural Resources
    5.4.7 Natural Resources
    5.5 Geography
    5.5.1 North America
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.2
    5.5.2.1 UK
    5.5.2.2 Germany
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 India
    5.5.3.3 Japan
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Latin America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Mexico
    5.5.4.4 Rest of Latin America
    5.5.5 Middle East & Africa
    5.5.5.1 UAE
    5.5.5.2 Saudi Arabia
    5.5.5.3 South Africa
    5.5.5.4 Egypt
    5.5.5.5 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 ESRI Inc.
    6.1.2 MDA Corporation
    6.1.3 Hexagon AB
    6.1.4 Trimble Geospatial
    6.1.5 Bentley Systems, Inc.
    6.1.6 Fugro NV
    6.1.7 Harris Corporation
    6.1.8 Atkins PLC
    6.1.9 General Electric (GE)
    6.1.10 Critigen LLC

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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