GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST 2017-2024

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GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST 2017-2024

The global geospatial analytics market is estimated to grow from $ 37.20 Billion in 2017 to $112.06 Billion by 2024, at a CAGR of 17.06% between 2018 and 2024. The base year considered for the study is 2017 and the estimated period is between 2018 and 2024. The development of the worldwide geospatial analytics market is to a great extent energized by developing utilization of GPS-empowered gadgets, joining of technologies and need to lessen operational and logistics costs.

GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST 2017-2024

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The Global Geospatial analytics market is anticipated to grow from $ 37.20 billion in 2016 to $ 112.06 billion by 2024, at a CAGR of 17.06% between 2016 and 2024. A typical geospatial analytics solution is aimed at screening relevant information from the irrelevant sources, in order to develop visual and theoretical models, which are further used for performing trend analysis and predictions.

The Geospatial analytics market is primarily driven by following factors:

  • Technological advancements are impelling the geospatial practices
  • Snowballing commoditization of geospatial information
  • Inclination of growth towards geospatial analytics in novel applications

Geospatial Analytics Market

The important driver increasing growth in the global geospatial analytics market is technological advancements and is impelling the geospatial practices. Geospatial technology has come a long way ever since its inception, to become an indispensable part of decision making in a wide range of end-user applications. It has pervaded into various walks of life, ranging from individuals opting for a cab to public organizations keeping track of weather changes. Convergence of the geospatial technologies (such as GIS, location-based services, remote sensing, navigation models and other visualization models) has played a vital role in driving the adoption of geospatial analytics. Convergence also enables end-users to leverage the strengths of traditional technologies, while the emerging models, such as analytics, processing, and 3D collection lend further credence to the integrated models.

The applications of Geospatial analytics market is used extensively for various purposes. Surveying is one of the major applications of geospatial analytics. Surveying is an application of the geospatial analytics market that provides satellite imagery, laser mapping, and fast computing in order to generate composite layers of interconnected geographical information. Disaster Risk Reduction and Management is another major application with the highest growth rate in the geospatial analytics market. The increasing number of disasters is one of the greatest threats to the socio-economic well-being and development of people. Due to increasing chronic diseases, medicine and public safety application have gained a lot of traction. According to the World Bank, the healthcare industry accounts for 1.6% (South Sudan) to 19.5% (Liberia) of a country’s GDP. United States is also one of the major players, which accounts for 17.9% of its GDP. Others segments involving the use of geospatial analytics in climate change & adoption of geospatial analytics applications, sales & marketing, identifying strategic location and statistics.

Operational Issues and Huge Costs is one of the major factors hindering the Geospatial analytics market. The rate of adoption of geospatial analytics is hampered by high costs and operational concerns, such as the limited presence of open standards & interoperability mechanisms and integration issues between ERM & GIS systems. Although the overall costs of geospatial analysis solutions have come down drastically since the turn of the decade owing to the greater availability of open source tools and plunging hardware costs, still remains a major concern for small and medium scale companies.

The global geospatial analytics market segmentation includes types, technology, applications and end user.

Types are segmented into:

  • Surface Analysis
  • Geovisualization
  • Network Analysis
  • Others

Technologies are segmented into:

  • Remote Sensing
  • GIS
  • GPS
  • Others

Applications are segmented into:

  • Surveying
  • Medicine and Public Safety
  • Disaster Risk Reduction and Management
  • Others

End-User Vertical is segmented into:

  • Business
  • Utility and Communication
  • Defense and Intelligence
  • Government
  • Automotive
  • Others

This report covers the present market conditions and the growth prospects of the Global Geospatial analytics market for 2017-2025 and considered the revenue generated through the sales of Geospatial Analytics Products for types, technologies, end-user, and application.

Geographically, the global Geospatial analytics market has been segmented on the basis of four major regions, which include:

  • North America – U.S., Canada and Rest of North America
  • Asia-Pacific – China, India, Japan, South Korea, Rest of APAC
  • Europe – Germany, France, United Kingdom, and Rest of Europe
  • Latin America – Brazil, Mexico, Argentina, and Others
  • Middle East & Africa – UAE, Saudi, Israel, and Others

The Geospatial analytics market in Europe is expected to hold the largest market share by 2025. Aeronautics is one high-tech sector of the Europe’s in the global market, providing more than 500,000 jobs and generating a turnover of more than EUR 140 billion. The aerospace and defense sector is particularly significant in the United Kingdom, Germany, France, Spain, Italy, and Russia, driving the market for geospatial analytics. GIS mapping is the key ensuring the need for an infrastructure upgrade at reduced costs. The integration of geospatial analytics with mainstream technologies, such as Cloud Computing, Sensors and business processes is becoming one of the key elements in the overall value chain of geospatial offerings. On the other hand, the Asia-Pacific market is anticipated to the fastest-growing region of the global Geospatial analytics market. China is considered as the land of opportunities, owing to its population and fast growing economy. With a GDP of mere USD 1.2 trillion in 2000, China emerged as the second largest global economy, despite the significant slides of the stock market in 2015, reaching a GDP of USD 10.8 trillion.

The Geospatial Analytics Market is segmented on the basis of types which are sub-divided into Network Analysis, Surface Analysis, and Geovisualization, based on technology which are sub-divided into GPS, Remote Sensing, and GIS, based on Application which are sub-divided into Disaster Risk Reduction, Surveying, and Management, Medicine and Public Safety and based on end-user which are sub-divided into Utility and Communication, Business, Automotive, Defense and Intelligence, Government and others. In the world of geospatial analysis, a surface is considered a model that can be characterized using measurable values at every major point during the analysis. The business industry is one of the largest industries to adopt Geospatial Analytics. This industry holds the largest share in the geospatial analytics market in 2016. Remote sensing can be broadly defined as the application of various technologies for making observations and measurements of a specified target that is located at a distance or on a scale that is beyond the range of the bare eye.

The major market players of the global Geospatial analytics market are:

  • ESRI Inc.
  • MDA Corporation
  • Hexagon AB
  • Trimble Geospatial
  • Bentley Systems, Inc.

Environmental Systems Research Institute, Inc. develops GIS and mapping software for organizations in commercial, government, natural resources, and utility industries. The company offers ArcGIS, mapping software that connects people with maps, data, and apps through geographic information systems. Hexagon is a worldwide provider of IT that efforts quality and productivity across the industrial enterprise and geospatial applications. Hexagon’s solutions integrate software, sensors, customer workflows and domain knowledge into intelligent info ecosystems that convey actionable information.

  1. RESEARCH SCOPE
    1. STUDY GOALS
    2. SCOPE OF THE MARKET STUDY
    3. WHO WILL FIND THIS REPORT USEFUL?
    4. STUDY AND FORECASTING YEARS
  2. RESEARCH METHODOLOGY
    1. SOURCES OF DATA
    2. TOP DOWN APPROACH
    3. BOTTOM-UP APPROACH
    4. DATA TRIANGULATION
    5. ESTIMATION METHODOLOGY
  3. EXECUTIVE SUMMARY
  4. MARKET OVERVIEW
    1. DRIVERS
    2. RESTRAINTS
    3. OPPORTUNITIES
    4. CHALLENGES
  5. GLOBAL GEOSPATIAL ANALYTICS MARKET –BY TYPE
    1. SURFACE ANALYSIS
    2. NETWORK ANALYSIS
    3. GEOVISUALIZATION
    4. OTHERS
  6. GLOBAL GEOSPATIAL ANALYTICS MARKET –BY TECHNOLOGY
    1. REMOTE SENSING MARKET
    2. GPS MARKET
    3. GIS MARKET
    4. OTHERS
  7. GLOBAL GEOSPATIAL ANALYTICS MARKET –BY APPLICATION
    1. SURVEYING
    2. DISASTER RISK REDUCTION AND MANAGEMENT
    3. MEDICINE AND PUBLIC SAFETY
    4. OTHERS
  8. GLOBAL GEOSPATIAL ANALYTICS MARKET – SEGMENTED BY END USER VERTICAL
    1. BUSINESS
    2. UTILITY AND COMMUNICATION
    3. DEFENSE AND INTELLIGENCE
    4. AUTOMOTIVE
    5. GOVERNMENT
    6. OTHERS
  9. KEY ANALYTICS
    1. INDUSTRY ATTRACTIVENESS – PORTER’S FIVE FORCES MODEL
      1. THREAT OF NEW ENTRANTS
      2. BARGAINING POWER OF BUYERS
      3. BARGAINING POWER OF SUPPLIERS
      4. THREAT OF SUBSTITUTE PRODUCTS
      5. INTENSITY OF COMPETITIVE RIVALRY
    2. INDUSTRY VALUE-CHAIN ANALYSIS
    3. TECHNOLOGY SNAPSHOT
    4. INVESTMENT ANALYSIS
    5. FUTURE OF THE GEOSPATIAL ANALYTICS MARKET
    6. OPPORTUNITY MATRIX
  10. GLOBAL GEOSPATIAL ANALYTICS MARKET -BY REGION
    1. NORTH AMERICA
      1. UNITED STATES
      2. CANADA
      3. REST OF NORTH AMERICA
    2. EUROPE
      1. GERMANY
      2. FRANCE
      3. UNITED KINGDOM
      4. REST OF EUROPE
    3. ASIA-PACIFIC
      1. CHINA
      2. JAPAN
      3. INDIA
      4. SOUTH KOREA
      5. REST OF ASIA-PACIFIC
    4. MIDDLE EAST AND AFRICA
      1. UAE
      2. SAUDI ARABIA
      3. ISRAEL
      4. REST OF MIDDLE EAST AND AFRICA
    5. LATIN AMERICA
      1. BRAZIL
      2. ARGENTINA
      3. MEXICO
      4. REST OF LATIN AMERICA
    6. COMPANY PROFILES
      1. ESRI INC.
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS
        4. RECENT DEVELOPMENTS
      2. MDA CORPORATION
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS (IN USD MILLION)
        4. RECENT DEVELOPMENTS
      3. HEXAGON AB
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS (IN EUR MILLION)
        4. RECENT DEVELOPMENTS
      4. TRIMBLE GEOSPATIAL
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS (IN USD MILLION)
        4. RECENT DEVELOPMENTS
      5. BENTLEY SYSTEMS, INC.
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS
        4. RECENT DEVELOPMENTS
      6. FUGRO
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. GEOTECHNICAL
        4. FINANCIALS (MILLION EUROS)
        5. RECENT DEVELOPMENTS
      7. HARRIS CORPORATION
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS ($MILLION)
        4. RECENT DEVELOPMENTS
      8. ATKINS
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS (IN EUR MILLION)
        4. RECENT DEVELOPMENTS
      9. GENERAL ELECTRIC (GE)
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS (IN USD MILLION)
        4. RECENT DEVELOPMENTS
      10. CRITIGEN
        1. OVERVIEW
        2. PRODUCTS AND SERVICES
        3. FINANCIALS
        4. RECENT DEVELOPMENTS

 

LIST OF TABLES

TABLE#1       GLOBAL GEOSPATIAL ANALYTICS MARKET, BY TYPE ($BILLION) 2017-2024

TABLE#2       GLOBAL GEOSPATIAL ANALYTICS MARKET, SEGMENTED BY TYPE ($BILLION)

TABLE#3       GLOBAL GEOSPATIAL ANALYTICS MARKET BY SURFACE ANALYSIS 2017-2024($BILLION)

TABLE#4       GLOBAL GEOSPATIAL ANALYTICS MARKET BY NETWORK ANALYSIS 2017-2024 ($BILLION)

TABLE#5       GLOBAL GEOSPATIAL ANALYTICS MARKET BY GEOVISUALIZATION 2017-2024 ($BILLION)

TABLE#6       GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHERS 2017-2024 ($BILLION)

TABLE#7       GLOBAL GEOSPATIAL ANALYTICS MARKET BY TECHNOLOGY 2017-2024($BILLION)

TABLE#8       GLOBAL GEOSPATIAL ANALYTICS MARKET BY REMOTE SENSING TECHNOLOGY 2017-2024 ($BILLION)

TABLE#9       GLOBAL GEOSPATIAL ANALYTICS MARKET BY GPS TECHNOLOGY 2017-2024 ($BILLION)

TABLE#10     GLOBAL GEOSPATIAL ANALYTICS MARKET BY GIS TECHNOLOGY 2017-2024 ($BILLION)

TABLE#11     GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHERS 2017-2024 ($ BILLION)

TABLE#12     GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST – BY APPLICATION (2017 – 2024) – $BILLION

TABLE#13     GLOBAL GEOSPATIAL ANALYTICS MARKET BY SURVEYING 2017-2024 ($BILLION)

TABLE#14     GLOBAL GEOSPATIAL ANALYTICS MARKET BY DISASTER RISK REDUCTION AND MANAGEMENT 2017-2024 ($BILLION)

TABLE#15     GLOBAL GEOSPATIAL ANALYTICS MARKET BY MEDICINE & PUBLIC SAFETY 2017-2024 ($BILLION)

TABLE#16     GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHERS 2017-2024 ($BILLION)

TABLE#17     GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST – BY END-USER VERTICAL 2017-2024– $BILLION

TABLE#18     GLOBAL GEOSPATIAL ANALYTICS MARKET BY END USER-2024 ($BILLION)

TABLE#19     GLOBAL GEOSPATIAL ANALYTICS MARKET BY UTILITY & COMMUNICATION 2017-2024 ($BILLION)

TABLE#20     GLOBAL GEOSPATIAL ANALYTICS MARKET BY DEFENCE & INTELLIGENCE 2017-2024 ($BILLION)

TABLE#21     GLOBAL GEOSPATIAL ANALYTICS MARKET BY AUTOMOTIVE 2017-2024 ($BILLION)

TABLE#22     GLOBAL GEOSPATIAL ANALYTICS MARKET BY GOVERNMENT 2017-2024 ($BILLION)

TABLE#23     GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHER 2017-2024 ($BILLION)

TABLE#24     GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST BY REGION ($BILLION) 2017-2024

TABLE#25     GLOBAL GEOSPATIAL ANALYTICS MARKET FORECAST BY NORTH AMERICA REGION (USD BILLIONS) 2017-2024

TABLE#26     EUROPE GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

TABLE#27     ASIA-PACIFIC GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

TABLE#28     MIDDLE EAST AND AFRICA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

TABLE#29     LATIN AMERICA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

 

LIST OF FIGURES

FIGURE#1    LOCATION-BASED SERVICE ADOPTION IN BUSINESS OPERATIONS

FIGURE#2    GLOBAL GEOSPATIAL ANALYTICS MARKET BY SURFACE ANALYSIS 2017-2024($ BILLION)

FIGURE#3    GLOBAL GEOSPATIAL ANALYTICS MARKET BY NETWORK ANALYSIS 2017-2024 ($BILLION)

FIGURE#4    GLOBAL GEOSPATIAL ANALYTICS MARKET BY GEOVISUALIZATION 2017-2024 ($BILLION)

FIGURE#5    GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHERS 2017-2024 ($BILLION)

FIGURE#6    GLOBAL GEOSPATIAL ANALYTICS MARKET BY REMOTE SENSING TECHNOLOGY 2017-2024 ($BILLION)

FIGURE#7    GLOBAL GEOSPATIAL ANALYTICS MARKET BY GPS TECHNOLOGY 2017-2024 ($BILLION)

FIGURE#8    GLOBAL GEOSPATIAL ANALYTICS MARKET BY GIS TECHNOLOGY 2017-2024 ($BILLION)

FIGURE#9    GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHERS 2017-2024 ($BILLION)

FIGURE#10  GLOBAL GEOSPATIAL ANALYTICS MARKET BY SURVEYING 2017-2024 ($BILLION)

FIGURE#11  GLOBAL GEOSPATIAL ANALYTICS MARKET BY DISASTER RISK REDUCTION AND MANAGEMENT 2017-2024 ($BILLION)

FIGURE#12  GLOBAL GEOSPATIAL ANALYTICS MARKET BY MEDICINE & PUBLIC SAFETY 2017-2024 ($BILLION)

FIGURE#13  GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHERS 2017-2024 ($BILLION)

FIGURE#14  GLOBAL GEOSPATIAL ANALYTICS MARKET BY END USER-2024 ($BILLION)

FIGURE#15  GLOBAL GEOSPATIAL ANALYTICS MARKET BY UTILITY & COMMUNICATION 2017-2024 ($BILLION)

FIGURE#16  GLOBAL GEOSPATIAL ANALYTICS MARKET BY DEFENCE & INTELLIGENCE 2017-2024 ($BILLION)

FIGURE#17  GLOBAL GEOSPATIAL ANALYTICS MARKET BY AUTOMOTIVE 2017-2024 ($BILLION)

FIGURE#18  GLOBAL GEOSPATIAL ANALYTICS MARKET BY GOVERNMENT 2017-2024 ($BILLION)

FIGURE#19  GLOBAL GEOSPATIAL ANALYTICS MARKET BY OTHER 2017-2024 ($ BILLION)

FIGURE#20  BASIC TENANTS OF GEOSPATIAL ANALYTICS

FIGURE#21  TYPICAL WORKFLOW OF GEOSPATIAL ANALYTICS

FIGURE#22  UNITED STATES GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#23  CANADA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#24  OTHERS GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#25  GERMANY GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#26  FRANCE GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#27  UNITED KINGDOM GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#28  OTHERS GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#29  ASIA-PACIFIC GEOSPATIAL ANALYTICS MARKET FORECAST ($ BILLION) 2017-2024

FIGURE#30  CHINA GEOSPATIAL ANALYTICS MARKET FORECAST ($ BILLION) 2017-2024

FIGURE#31  JAPAN GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#32  INDIA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#33  SOUTH KOREA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#34  OTHERS GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#35  UAE GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#36  SAUDI ARABIA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#37  ISRAEL GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#38  OTHERS GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#39  LATIN AMERICA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#40  BRAZIL GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#41  ARGENTINA GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#42  MEXICO GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

FIGURE#43  OTHERS GEOSPATIAL ANALYTICS MARKET FORECAST ($BILLION) 2017-2024

  1. GLOBAL GEOSPATIAL ANALYTICS MARKET –BY TYPE
    1. SURFACE ANALYSIS
    2. NETWORK ANALYSIS
    3. GEOVISUALIZATION
    4. OTHERS
  2. GLOBAL GEOSPATIAL ANALYTICS MARKET –BY TECHNOLOGY
    1. REMOTE SENSING MARKET
    2. GPS MARKET
    3. GIS MARKET
    4. OTHERS
  3. GLOBAL GEOSPATIAL ANALYTICS MARKET –BY APPLICATION
    1. SURVEYING
    2. DISASTER RISK REDUCTION AND MANAGEMENT
    3. MEDICINE AND PUBLIC SAFETY
    4. OTHERS
  4. GLOBAL GEOSPATIAL ANALYTICS MARKET – SEGMENTED BY END USER VERTICAL
    1. BUSINESS
    2. UTILITY AND COMMUNICATION
    3. DEFENSE AND INTELLIGENCE
    4. AUTOMOTIVE
    5. GOVERNMENT
    6. OTHERS
  5. GLOBAL GEOSPATIAL ANALYTICS MARKET -BY REGION
    1. NORTH AMERICA
      1. UNITED STATES
      2. CANADA
      3. REST OF NORTH AMERICA
    2. EUROPE
      1. GERMANY
      2. FRANCE
      3. UNITED KINGDOM
      4. REST OF EUROPE
    3. ASIA-PACIFIC
      1. CHINA
      2. JAPAN
      3. INDIA
      4. SOUTH KOREA
      5. REST OF ASIA-PACIFIC
    4. MIDDLE EAST AND AFRICA
      1. UAE
      2. SAUDI ARABIA
      3. ISRAEL
      4. REST OF MIDDLE EAST AND AFRICA
    5. LATIN AMERICA
      1. BRAZIL
      2. ARGENTINA
      3. MEXICO
      4. REST OF LATIN AMERICA

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