Geospatial Analytics Market
Geospatial Analytics Market Forecasts to 2030 - Global Analysis By Type (Network & Location Analytics, Surface & Field Analytics, Geovisualization and Other Types), Component, Deployment, Technology, Application, End User and By Geography
According to Stratistics MRC, the Global Geospatial Analytics Market is accounted for $89.9 billion in 2023 and is expected to reach $233.5 billion by 2030 growing at a CAGR of 14.6% during the forecast period. Geospatial analytics is the process of gathering, manipulating, analyzing, and interpreting geographical or spatial data to understand patterns, relationships, and trends within a particular area of interest. It involves the use of specialized techniques and technologies to extract valuable insights from various types of geospatial data, such as satellite imagery, GPS data, remote sensing data, aerial photographs, and geographic information systems (GIS) data. They can be applied across various fields, including urban planning, environmental monitoring, natural resource management, agriculture, transportation, disaster response, and public health, to make informed decisions, optimize operations, and solve complex spatial problems.
According to the ""World Cities Report 2022"" published by the United Nations Human Settlements Program (UN-Habitat), the share of the world’s population living in cities is anticipated to increase to 68% by 2050, from 56% in 2021.
Market Dynamics:
Driver:
Growing demand for location intelligence
The market is witnessing a significant surge in demand for location intelligence solutions. Businesses across various sectors, including retail, transportation, and urban planning, are recognizing the value of leveraging location data for informed decision-making. With the proliferation of IoT devices, satellite imaging, and advanced analytics techniques, there is a growing emphasis on harnessing spatial information to gain insights into market trends, optimize operations, and enhance customer experiences.
Restraint:
Data privacy and security concerns
Issues arise from potential unauthorized access, misuse, or exploitation of personal or proprietary geospatial data. Concerns include the risk of location tracking, invasion of privacy, and the potential for malicious actors to leverage this data for illicit purposes such as surveillance or targeting individuals. The market faces significant data privacy and security concerns due to the sensitive nature of location-based information.
Opportunity:
Expansion of IoT and remote sensing technologies
IoT devices facilitate seamless data collection from remote environments, while remote sensing technologies such as satellite imagery offer extensive coverage and detailed insights. This expansion revolutionizes geospatial analytics by providing unprecedented levels of accuracy, efficiency, and actionable information for decision-making processes across sectors like agriculture, urban planning, and environmental management. The market is experiencing profound transformation with the widespread integration of Internet of Things (IoT) and remote sensing technologies.
Threat:
Complexity of technology
Integration of artificial intelligence, machine learning, and big data techniques has enabled more sophisticated spatial modeling and predictive analytics. High-resolution imagery needs substantial investment, while ensuring accuracy adds another layer. Complexities also lie in ethical considerations and navigating legal restrictions on coverage. This intricate technological ecosystem demands expertise in diverse fields, from geomatics to data science, to harness the full potential of geospatial analytics solutions and remain competitive in the market.
Covid-19 Impact
The COVID-19 pandemic has significantly impacted the market, driving increased demand for solutions that support crisis management, supply chain optimization, and remote monitoring. Organizations have leveraged geospatial data to track the spread of the virus, allocate resources effectively, and assess the impact on various sectors like transportation and healthcare. Despite initial disruptions, the crisis has accelerated the adoption of geospatial technologies as businesses recognize their value in navigating complex challenges and building resilient strategies for the future.
The surface & field analytics segment is expected to be the largest during the forecast period
The surface & field analytics segment is estimated to hold the largest share. These analytics methods leverage advanced algorithms and geospatial technologies to extract insights from diverse sources such as satellite imagery, drones, GPS sensors, and ground-based sensors. They enable precise mapping, monitoring, and management of surface features like land cover, vegetation, water bodies, and terrain characteristics, facilitating informed decision-making across sectors like agriculture, environmental management, urban planning, and infrastructure development.
The remote sensing segment is expected to have the highest CAGR during the forecast period
The remote sensing segment is anticipated to have highest CAGR during the forecast period. Utilizing various sensors onboard satellites, aircraft, or drones, it captures detailed imagery and data across vast geographical areas. This data is then processed and analyzed to derive valuable insights for diverse applications including environmental monitoring, urban planning, agriculture, and disaster management. Remote Sensing's ability to provide timely, accurate, and spatially explicit information contributes significantly to informed decision-making processes in numerous industries.
Region with largest share:
Asia Pacific commanded the largest market share during the extrapolated period. With diverse landscapes and rapid urbanization, the demand for accurate and timely geospatial information is high. Remote sensing technologies, including satellite imagery and aerial surveys, offer cost-effective solutions for data acquisition over large areas. These technologies enable governments, industries, and research institutions to make informed decisions, drive sustainable development, and address pressing environmental challenges across the region.
Region with highest CAGR:
North America is expected to witness highest CAGR over the projection period, owing to increasing adoption across various sectors. Government initiatives promoting digitalization and infrastructure development are fuelling market expansion. Additionally, advancements in satellite technology and the proliferation of location-based services are enhancing the demand for geospatial analytics solutions. With a focus on sustainable development and smart city initiatives, these countries are investing heavily in geospatial technologies, fostering a favourable landscape for market players and stimulating innovation in the region.
Key players in the market
Some of the key players in the Geospatial Analytics Market include Alteryx, Bentley Systems, Blue Marble Geographic, Blue Sky Analytics, Caliper Corporation, Esri, Fugro, General Electric, Geomatic Consulting International, Geospin , HexagonAB, ReMOT Technologies, Maxar Technologies, Oracle Corporation, Orbital Insights, Pasco Corporation, Precisely, Skymap Global, Suntac Technologies and Trimble.
Key Developments:
In May 2023, TomTom International BV, a geolocation technology specialist, expanded its partnership with Alteryx, Inc. Through this partnership, Alteryx will use TomTom’s Maps APIs and location data to integrate spatial data into Alteryx’s products and location insights packages, such as Alteryx Designer.
In May 2023, Oracle Corporation announced the launch of Oracle Spatial Studio 23.1, available in the Oracle Cloud Infrastructure (OCI) marketplace and for on-premises deployment. Users can browse, explore, and analyze geographic data stored in and managed by Oracle using a no-code mapping tool.
In September 2022, Bentley Systems, Inc. and Genesys International, a pioneer in cutting-edge mapping and geospatial content services, announced the launch of Genesys' 3D City Digital Twin Solution for Urban India.
Types Covered:
• Network & Location Analytics
• Surface & Field Analytics
• Geovisualization
• Other Types
Components Covered:
• Solutions
• Services
• Other Components
Deployments Covered:
• On-Premises
• Cloud
Technologies Covered:
• Remote Sensing
• Geographic Information System
• Global Positioning System
• LiDAR (Light Detection and Ranging)
• Big Data Analytics
• Geospatial Cloud Services
• Other Technologies
Applications Covered:
• Natural Resource Management
• Urban Planning & Development
• Disaster Management
• Environmental Monitoring
• Other Applications
End Users Covered:
• Government & Public Sector
• Telecommunications
• Agriculture
• Defense and Security
• Tourism & Hospitality
• Retail & Marketing
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Geospatial Analytics Market, By Type
5.1 Introduction
5.2 Network & Location Analytics
5.3 Surface & Field Analytics
5.4 Geovisualization
5.5 Other Types
6 Global Geospatial Analytics Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Geocoding & Reverse Geocoding
6.2.2 Thematic Mapping & Spatial Analysis
6.2.3 Reporting & Visualization
6.2.4 Data Integration
6.3 Services
6.3.1 Deployment & Integration
6.3.2 Consulting Services
6.3.3 Training, Support, and Maintenance
6.4 Other Components
7 Global Geospatial Analytics Market, By Deployment
7.1 Introduction
7.2 On-Premises
7.3 Cloud
8 Global Geospatial Analytics Market, By Technology
8.1 Introduction
8.2 Remote Sensing
8.3 Geographic Information System
8.4 Global Positioning System
8.5 LiDAR (Light Detection and Ranging)
8.6 Big Data Analytics
8.7 Geospatial Cloud Services
8.8 Other Technologies
9 Global Geospatial Analytics Market, By Application
9.1 Introduction
9.2 Natural Resource Management
9.3 Urban Planning & Development
9.4 Disaster Management
9.5 Environmental Monitoring
9.6 Other Applications
10 Global Geospatial Analytics Market, By End User
10.1 Introduction
10.2 Government & Public Sector
10.3 Telecommunications
10.4 Agriculture
10.5 Defense and Security
10.6 Tourism & Hospitality
10.1 Retail & Marketing
10.8 Other End Users
11 Global Geospatial Analytics Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Alteryx
13.2 Bentley Systems
13.3 Blue Marble Geographic
13.4 Blue Sky Analytics
13.5 Caliper Corporation
13.6 Esri
13.7 Fugro
13.8 General Electric
13.9 Geomatic Consulting International
13.10 Geospin
13.11 HexagonAB
13.12 ReMOT Technologies
13.13 Maxar Technologies
13.14 Orbica
13.15 Orbital Insights
13.16 Pasco Corporation
13.17 Precisely
13.18 Skymap Global
13.19 Suntac Technologies
13.20 Trimble
List of Tables
1 Global Geospatial Analytics Market Outlook, By Region (2021-2030) ($MN)
2 Global Geospatial Analytics Market Outlook, By Type (2021-2030) ($MN)
3 Global Geospatial Analytics Market Outlook, By Network & Location Analytics (2021-2030) ($MN)
4 Global Geospatial Analytics Market Outlook, By Surface & Field Analytics (2021-2030) ($MN)
5 Global Geospatial Analytics Market Outlook, By Geovisualization (2021-2030) ($MN)
6 Global Geospatial Analytics Market Outlook, By Other Types (2021-2030) ($MN)
7 Global Geospatial Analytics Market Outlook, By Component (2021-2030) ($MN)
8 Global Geospatial Analytics Market Outlook, By Solutions (2021-2030) ($MN)
9 Global Geospatial Analytics Market Outlook, By Geocoding & Reverse Geocoding (2021-2030) ($MN)
10 Global Geospatial Analytics Market Outlook, By Thematic Mapping & Spatial Analysis (2021-2030) ($MN)
11 Global Geospatial Analytics Market Outlook, By Reporting & Visualization (2021-2030) ($MN)
12 Global Geospatial Analytics Market Outlook, By Data Integration (2021-2030) ($MN)
13 Global Geospatial Analytics Market Outlook, By Services (2021-2030) ($MN)
14 Global Geospatial Analytics Market Outlook, By Deployment & Integration (2021-2030) ($MN)
15 Global Geospatial Analytics Market Outlook, By Consulting Services (2021-2030) ($MN)
16 Global Geospatial Analytics Market Outlook, By Training, Support, and Maintenance (2021-2030) ($MN)
17 Global Geospatial Analytics Market Outlook, By Other Components (2021-2030) ($MN)
18 Global Geospatial Analytics Market Outlook, By Deployment (2021-2030) ($MN)
19 Global Geospatial Analytics Market Outlook, By On-Premises (2021-2030) ($MN)
20 Global Geospatial Analytics Market Outlook, By Cloud (2021-2030) ($MN)
21 Global Geospatial Analytics Market Outlook, By Technology (2021-2030) ($MN)
22 Global Geospatial Analytics Market Outlook, By Remote Sensing (2021-2030) ($MN)
23 Global Geospatial Analytics Market Outlook, By Geographic Information System (2021-2030) ($MN)
24 Global Geospatial Analytics Market Outlook, By Global Positioning System (2021-2030) ($MN)
25 Global Geospatial Analytics Market Outlook, By LiDAR (Light Detection and Ranging) (2021-2030) ($MN)
26 Global Geospatial Analytics Market Outlook, By Big Data Analytics (2021-2030) ($MN)
27 Global Geospatial Analytics Market Outlook, By Geospatial Cloud Services (2021-2030) ($MN)
28 Global Geospatial Analytics Market Outlook, By Other Technologies (2021-2030) ($MN)
29 Global Geospatial Analytics Market Outlook, By Application (2021-2030) ($MN)
30 Global Geospatial Analytics Market Outlook, By Natural Resource Management (2021-2030) ($MN)
31 Global Geospatial Analytics Market Outlook, By Urban Planning & Development (2021-2030) ($MN)
32 Global Geospatial Analytics Market Outlook, By Disaster Management (2021-2030) ($MN)
33 Global Geospatial Analytics Market Outlook, By Environmental Monitoring (2021-2030) ($MN)
34 Global Geospatial Analytics Market Outlook, By Other Applications (2021-2030) ($MN)
35 Global Geospatial Analytics Market Outlook, By End User (2021-2030) ($MN)
36 Global Geospatial Analytics Market Outlook, By Government & Public Sector (2021-2030) ($MN)
37 Global Geospatial Analytics Market Outlook, By Telecommunications (2021-2030) ($MN)
38 Global Geospatial Analytics Market Outlook, By Agriculture (2021-2030) ($MN)
39 Global Geospatial Analytics Market Outlook, By Defense and Security (2021-2030) ($MN)
40 Global Geospatial Analytics Market Outlook, By Tourism & Hospitality (2021-2030) ($MN)
41 Global Geospatial Analytics Market Outlook, By Retail & Marketing (2021-2030) ($MN)
42 Global Geospatial Analytics Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?
Assured Quality
Best in class reports with high standard of research integrity
24X7 Research Support
Continuous support to ensure the best customer experience.
Free Customization
Adding more values to your product of interest.
Safe & Secure Access
Providing a secured environment for all online transactions.
Trusted by 600+ Brands
Serving the most reputed brands across the world.
