Crystal Market Research adds “Geospatial Analytics Market – 2018 Global Analysis, Growth, Trends and Opportunities Research Report forecasting to 2023” reports to its database.
The detailed report of Geospatial Analytics Market evaluated by skilled experts is segmented into Application and Product. The Geospatial Analytics Market is anticipated to witness considerable development in the following years from 2018-2023. The Geospatial Analytics Market was worth USD 22.42 billion in 2014 and is expected to reach approximately USD 86.71 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 16.21% during the forecast period.
Industry Outlook and Trend Analysis:
The market is anticipated to witness a substantial development amid the gauge time frame, significantly determined by the expanding usage of Internet of Things (IoT), integration of geospatial technology with standard technology, and major progressions in geospatial investigation with the advent of artificial intelligence and big data. With the advent of big data and artificial intelligence in the market, geospatial analytics can give enhanced and more affordable geospatial data to organizations over the globe. These solutions give extra advantages, for example, the capacity to serve on-demand analytics, expanded availability and capacity to analyse complex and large datasets, and investigating various sorts of geospatial data through cloud-based geospatial analytics.
Competitive Insights:
The major players in the market are Hexagon AB, Harris Corporation, Bentley Systems, SAP SE, DigitalGlobe, Esri, Maxar Technologies, Trimble, RMSI Private Limited, Oracle Corporation, Alteryx, Fugro and General Electric. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Vertical Outlook and Trend Analysis:
In view of vertical, the automotive fragment is anticipated to develop at the most elevated CAGR amid the gauge time frame, as the geospatial technologies are widely used in the automotive vertical to recognize location and manage traffic at highways. The usage of geospatial technologies in the automotive business all around is encountering high development attributable to the developing security worries among travellers, because of which governments over a few locales have ordered the usage of GIS and GPS technology in vehicles.
Regional Outlook and Trend Analysis:
North America is assessed to be the biggest market for geospatial analytics over the forecast period. The development of the geospatial analytics market in North America is essentially driven by the high usage of most recent technologies, for example, distributed computing, huge information, Internet of Things (IoT), Artificial Intelligence (AI), and business intelligence tools.
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The Geospatial Analytics Market is segmented as follows-
By Component: Services & Software & Solutions
By Type: Network & Location Analytics, Surface & Field Analytics, Geovisualization & Others
By Application: Medicine & Public Safety, Climate Change Adaptation, Surveying, Disaster Risk Reduction & Management & Others
By Vertical: Automotive, Government, Natural Resources, Business, Utility & Communication, Defence & Intelligence & Other
By Region:
North America: U.S., Canada & Mexico
Europe: Germany, UK, France, Russia, Italy & Rest of Europe
Asia-Pacific: China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific
South America: Brazil, Argentina, Columbia, South Africa & Rest of South America
Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA.
Component Outlook and Trend Analysis:
By component, the geospatial analytics market has been portioned into software & solutions and services. The product and arrangements portion is anticipated to hold a bigger share of the overall industry. The reception of geospatial software & solutions by enterprises is basically to gain area based business insight for informed decision-making.
Type Outlook and Trend Analysis:
On the basis of type, the surface and field analytics fragment is anticipated to hold the biggest share of the market in the following years. This is credited to the expanding adoption of surface and field analytics arrangements by the undertakings in relatively every industry vertical to encourage key choices.
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What makes our report unique?
1) An extensive research study on the Global Geospatial Analytics Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Geospatial Analytics Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Major ToC of Global Geospatial Analytics Market:
Cahpter 1. Introduction
Cahpter 2. Executive Summary
Cahpter 3. Market Overview
Cahpter 4. Market Analysis by Regions
Cahpter 5. Geospatial Analytics Market, By Component
Cahpter 6. Geospatial Analytics Market, By Type
Cahpter 7. Geospatial Analytics Market, By Application
Cahpter 8. Geospatial Analytics Market, By Vertical
Cahpter 9. Geospatial Analytics Market, By Region
Cahpter 10. Company Profiles
Cahpter 11. Global Geospatial Analytics Market Competition, by Manufacturer
Cahpter 12. Geospatial Analytics Market Forecast (2018-2023)
…CONTINUED FOR TOC
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