Geospatial Analytics Market (By Component: Software, Services; By Type: Surface & Field Analytics, Network & Location Analytics, Geovisualization; By Solution: Geocoding & Reverse Geocoding, Data Integration & ETL, Report Visualization, Thematic Mapping & Spatial Analysis; By Technologies; By Deployment Mode; By Organization Size; By Application) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032
The global geospatial analytics market size was estimated at USD 71.38 billion in 2022 and is expected to hit around USD 261.15 billion by 2032 with a registered CAGR of 13.9% during the forecast period 2023 to 2032.
To Access our Exclusive Data Intelligence Tool with 15000+ Database, Visit: Precedence Statistics
One of the significant factors driving the global geospatial analytics market is the technological developments. Kongsberg Geospatial, an Ottawa-based creator of mission-critical and real time geospatial visualization solution and software, and CarteNav Solutions, a foremost supplier of situational consciousness solutions for the land, maritime, and air environments, recently announced that CarteNav had chosen their TerraLens platform to provide geospatial capabilities for its new generation of AIMS mission system software. The demand for services that leverage location-based solutions is likely to rise as smart city investments increase. Furthermore, according to the Consumer Technology Association, smart city spending reached USD 14.85 billion in 2015 and is expected to reach USD 34.35 billion by 2020.
There is a strong demand for the implementation of 5G technology in order to capture precise geographical data. Geospatial analytics vendors are seeing significant growth prospects. The market is developing on three primary spectrum bands such as low, mid, and high. As the 5G infrastructure takes shape, there is a growing demand for geospatial technology in a variety of industries. All of these elements are contributing to the growth of the geospatial analytics industry. The market is predicted to increase significantly throughout the forecast period, thanks to increasing penetration and adoption of the internet of things around the world, as well as the advent of artificial intelligence and big data analysis.
Report Coverage | Details |
Market Size in 2023 |
USD 80.94 Billion |
Market Size by 2032 |
USD 261.15 Billion |
Growth Rate from 2023 to 2032 | CAGR of 13.9% |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | Component, Type, Solution, Technologies, Deployment Mode, Organization Size, Application, and Geography |
Companies Mentioned | Harris Corporation, RMSI, DigitalGlobe, Inc., Fugro N.V., Hexagon AB, ESRI, General Electric Co., MacDonald, ettwiler & Associates, Ltd., Trimble Navigation LTD., Bentley Systems, Inc. |
The software segment dominated the geospatial analytics market in 2022. Enterprises can use geospatial analytics software to locate, evaluate, and respond to changing business circumstances and trends. The market players have commenced to involve in geospatial analytics in order to enhance suppleness and overall operational output, better comprehend business trends, and reduce expenses. The software sector can be thought of as the most advantageous component for generating high-level insights from location data.
The service segment is the fastest growing segment of the geospatial analytics market in 2022. Analytics are being used by government agencies and public safety organizations to monitor natural resources, infrastructure projects, detect cross-border incursions, and improve vehicle safety and security. Businesses are also providing Geospatial Analytics-as-a-Service.
The surface and field analytics segment dominated the geospatial analytics market in 2022. The growth of surface and field analytics segment is attributed to the rising acceptance and adoption by private and government firms. In addition, the growing number of infrastructure development projects are also supporting the growth of the overall market.
The network and location analytics segment is fastest growing segment of the geospatial analytics market in 2022. The technology aids in the improvement of data analytics' functionality, utility, and relevance. It can also analyze and organize enormous amounts of data in real time in order to obtain actionable business insights. It also enables marketers to visualize, comprehend, and interpret data in a variety of ways to demonstrate links, trends, and patterns using globes, maps, charts, and reports. This is critical for every business that wants to grow, expand into new markets, and satisfy customers.
The military intelligence segment dominated the geospatial analytics market in 2022. Strategic intelligence plays an important role in modern military strategies. Strategic intelligence relies heavily on geospatial data. Many countries are constantly strengthening their military as a result of current military confrontations between big economies. Border security operations can use geospatial data to give situational awareness information, enabling quick decision-making, and improve national security.
The surveying segment is fastest growing segment of the geospatial analytics market in 2022. This is due to its widespread adoption in agricultural and natural resource monitoring. During the projected period, however, the military intelligence segment is expected to increase at the quickest rate. This could be due to an increase in the number of remote sensing satellites used for border patrols around the world, necessitating the usage of geospatial analytics.
Geospatial Analytics Market Share, By Region, 2022 (%)
Regions | Revenuie Share in 2022 (%) |
North America | 46% |
Asia Pacific | 19% |
Europe | 24% |
Latin America | 6% |
MEA | 5% |
Asia-Pacific dominated the geospatial analytics market in 2022. China and India dominated the geospatial analytics market in Asia-Pacific region. The growth of geospatial analytics market in Asia-Pacific region is being driven by the growing government initiatives. The Chinese government launched its first thorough geography census in 2018. It will be used to report on the country's overall position as well as statistics on land and soil, water, and agriculture, which will serve as a firsthand reference for policies. In addition, the growing trend of mobility as service facility is also boosting the growth of Asia-Pacific geospatial analytics market. Morgan Stanley estimates that shared miles will account for 35 percent of all miles travelled in India. Along with a continuing huge shift in terms of electrification, sharing, and connectivity, this is one of the primary driving opportunities for new business models in the mobility business.
North America, on the other hand, is expected to develop at the fastest rate during the forecast period. The U.S. dominates the geospatial analytics market in North America region. One of the key drivers driving the growth of North America geospatial analytics market is the growing adoption of innovative and latest technologies such as internet of things, big data analytics, artificial intelligence, and cloud computing. Furthermore, the rising demand for high-speed internet is also supporting the growth of North America geospatial analytics market.
Segments Covered in the Report
By Component
By Type
By Solution
By Technologies
By Deployment Mode
By Organization Size
By Application
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Geospatial Analytics Market, By Component
7.1. Geospatial Analytics Market, by Component, 2023-2032
7.1.1. Software
7.1.1.1. Market Revenue and Forecast (2021-2032)
7.1.2. Services
7.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 8. Global Geospatial Analytics Market, By Type
8.1. Geospatial Analytics Market, by Type, 2023-2032
8.1.1. Surface & Field Analytics
8.1.1.1. Market Revenue and Forecast (2021-2032)
8.1.2. Network & Location Analytics
8.1.2.1. Market Revenue and Forecast (2021-2032)
8.1.3. Geovisualization
8.1.3.1. Market Revenue and Forecast (2021-2032)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2021-2032)
Chapter 9. Global Geospatial Analytics Market, By Solution
9.1. Geospatial Analytics Market, by Solution, 2023-2032
9.1.1. Geocoding & Reverse Geocoding
9.1.1.1. Market Revenue and Forecast (2021-2032)
9.1.2. Data Integration & ETL
9.1.2.1. Market Revenue and Forecast (2021-2032)
9.1.3. Report Visualization
9.1.3.1. Market Revenue and Forecast (2021-2032)
9.1.4. Thematic Mapping & Spatial Analysis
9.1.4.1. Market Revenue and Forecast (2021-2032)
Chapter 10. Global Geospatial Analytics Market, By Technologies
10.1. Geospatial Analytics Market, by Technologies, 2023-2032
10.1.1. Remote Sensing
10.1.1.1. Market Revenue and Forecast (2021-2032)
10.1.2. Global Positioning System
10.1.2.1. Market Revenue and Forecast (2021-2032)
10.1.3. Geographic Information System
10.1.3.1. Market Revenue and Forecast (2021-2032)
10.1.4. 3D Scanning
10.1.4.1. Market Revenue and Forecast (2021-2032)
Chapter 11. Global Geospatial Analytics Market, By Deployment Mode
11.1. Geospatial Analytics Market, by Deployment Mode, 2023-2032
11.1.1. Cloud
11.1.1.1. Market Revenue and Forecast (2021-2032)
11.1.2. On-premises
11.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 12. Global Geospatial Analytics Market, By Organization Size
12.1. Geospatial Analytics Market, by Organization Size, 2023-2032
12.1.1. Large Enterprises
12.1.1.1. Market Revenue and Forecast (2021-2032)
12.1.2. SMEs
12.1.2.1. Market Revenue and Forecast (2021-2032)
Chapter 13. Global Geospatial Analytics Market, By Application
13.1. Geospatial Analytics Market, by Application, 2023-2032
13.1.1. Surveying
13.1.1.1. Market Revenue and Forecast (2021-2032)
13.1.2. Medicine & Public Safety
13.1.2.1. Market Revenue and Forecast (2021-2032)
13.1.3. Military Intelligence
13.1.3.1. Market Revenue and Forecast (2021-2032)
13.1.4. Disaster Risk Reduction & Management
13.1.4.1. Market Revenue and Forecast (2021-2032)
13.1.5. Marketing Management
13.1.5.1. Market Revenue and Forecast (2021-2032)
13.1.6. Climate Change Adaptation (CCA)
13.1.6.1. Market Revenue and Forecast (2021-2032)
13.1.7. Urban Planning
13.1.7.1. Market Revenue and Forecast (2021-2032)
13.1.8. Others
13.1.8.1. Market Revenue and Forecast (2021-2032)
Chapter 14. Global Geospatial Analytics Market, Regional Estimates and Trend Forecast
14.1. North America
14.1.1. Market Revenue and Forecast, by Component (2021-2032)
14.1.2. Market Revenue and Forecast, by Type (2021-2032)
14.1.3. Market Revenue and Forecast, by Solution (2021-2032)
14.1.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.1.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.1.6. Market Revenue and Forecast, by Application (2021-2032)
14.1.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.1.8. U.S.
14.1.8.1. Market Revenue and Forecast, by Component (2021-2032)
14.1.8.2. Market Revenue and Forecast, by Type (2021-2032)
14.1.8.3. Market Revenue and Forecast, by Solution (2021-2032)
14.1.8.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.1.8.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.1.8.6. Market Revenue and Forecast, by Application (2021-2032)
14.1.8.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.1.9. Rest of North America
14.1.9.1. Market Revenue and Forecast, by Component (2021-2032)
14.1.9.2. Market Revenue and Forecast, by Type (2021-2032)
14.1.9.3. Market Revenue and Forecast, by Solution (2021-2032)
14.1.9.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.1.9.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.1.9.6. Market Revenue and Forecast, by Application (2021-2032)
14.1.9.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.2. Europe
14.2.1. Market Revenue and Forecast, by Component (2021-2032)
14.2.2. Market Revenue and Forecast, by Type (2021-2032)
14.2.3. Market Revenue and Forecast, by Solution (2021-2032)
14.2.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.2.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.2.6. Market Revenue and Forecast, by Application (2021-2032)
14.2.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.2.8. UK
14.2.8.1. Market Revenue and Forecast, by Component (2021-2032)
14.2.8.2. Market Revenue and Forecast, by Type (2021-2032)
14.2.8.3. Market Revenue and Forecast, by Solution (2021-2032)
14.2.8.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.2.8.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.2.8.6. Market Revenue and Forecast, by Application (2021-2032)
14.2.8.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.2.9. Germany
14.2.9.1. Market Revenue and Forecast, by Component (2021-2032)
14.2.9.2. Market Revenue and Forecast, by Type (2021-2032)
14.2.9.3. Market Revenue and Forecast, by Solution (2021-2032)
14.2.9.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.2.9.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.2.9.6. Market Revenue and Forecast, by Application (2021-2032)
14.2.9.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.2.10. France
14.2.10.1. Market Revenue and Forecast, by Component (2021-2032)
14.2.10.2. Market Revenue and Forecast, by Type (2021-2032)
14.2.10.3. Market Revenue and Forecast, by Solution (2021-2032)
14.2.10.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.2.10.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.2.10.6. Market Revenue and Forecast, by Application (2021-2032)
14.2.10.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.2.11. Rest of Europe
14.2.11.1. Market Revenue and Forecast, by Component (2021-2032)
14.2.11.2. Market Revenue and Forecast, by Type (2021-2032)
14.2.11.3. Market Revenue and Forecast, by Solution (2021-2032)
14.2.11.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.2.11.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.2.11.6. Market Revenue and Forecast, by Application (2021-2032)
14.2.11.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.3. APAC
14.3.1. Market Revenue and Forecast, by Component (2021-2032)
14.3.2. Market Revenue and Forecast, by Type (2021-2032)
14.3.3. Market Revenue and Forecast, by Solution (2021-2032)
14.3.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.3.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.3.6. Market Revenue and Forecast, by Application (2021-2032)
14.3.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.3.8. India
14.3.8.1. Market Revenue and Forecast, by Component (2021-2032)
14.3.8.2. Market Revenue and Forecast, by Type (2021-2032)
14.3.8.3. Market Revenue and Forecast, by Solution (2021-2032)
14.3.8.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.3.8.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.3.8.6. Market Revenue and Forecast, by Application (2021-2032)
14.3.8.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.3.9. China
14.3.9.1. Market Revenue and Forecast, by Component (2021-2032)
14.3.9.2. Market Revenue and Forecast, by Type (2021-2032)
14.3.9.3. Market Revenue and Forecast, by Solution (2021-2032)
14.3.9.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.3.9.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.3.9.6. Market Revenue and Forecast, by Application (2021-2032)
14.3.9.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.3.10. Japan
14.3.10.1. Market Revenue and Forecast, by Component (2021-2032)
14.3.10.2. Market Revenue and Forecast, by Type (2021-2032)
14.3.10.3. Market Revenue and Forecast, by Solution (2021-2032)
14.3.10.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.3.10.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.3.10.6. Market Revenue and Forecast, by Application (2021-2032)
14.3.10.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.3.11. Rest of APAC
14.3.11.1. Market Revenue and Forecast, by Component (2021-2032)
14.3.11.2. Market Revenue and Forecast, by Type (2021-2032)
14.3.11.3. Market Revenue and Forecast, by Solution (2021-2032)
14.3.11.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.3.11.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.3.11.6. Market Revenue and Forecast, by Application (2021-2032)
14.3.11.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.4. MEA
14.4.1. Market Revenue and Forecast, by Component (2021-2032)
14.4.2. Market Revenue and Forecast, by Type (2021-2032)
14.4.3. Market Revenue and Forecast, by Solution (2021-2032)
14.4.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.4.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.4.6. Market Revenue and Forecast, by Application (2021-2032)
14.4.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.4.8. GCC
14.4.8.1. Market Revenue and Forecast, by Component (2021-2032)
14.4.8.2. Market Revenue and Forecast, by Type (2021-2032)
14.4.8.3. Market Revenue and Forecast, by Solution (2021-2032)
14.4.8.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.4.8.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.4.8.6. Market Revenue and Forecast, by Application (2021-2032)
14.4.8.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.4.9. North Africa
14.4.9.1. Market Revenue and Forecast, by Component (2021-2032)
14.4.9.2. Market Revenue and Forecast, by Type (2021-2032)
14.4.9.3. Market Revenue and Forecast, by Solution (2021-2032)
14.4.9.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.4.9.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.4.9.6. Market Revenue and Forecast, by Application (2021-2032)
14.4.9.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.4.10. South Africa
14.4.10.1. Market Revenue and Forecast, by Component (2021-2032)
14.4.10.2. Market Revenue and Forecast, by Type (2021-2032)
14.4.10.3. Market Revenue and Forecast, by Solution (2021-2032)
14.4.10.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.4.10.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.4.10.6. Market Revenue and Forecast, by Application (2021-2032)
14.4.10.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.4.11. Rest of MEA
14.4.11.1. Market Revenue and Forecast, by Component (2021-2032)
14.4.11.2. Market Revenue and Forecast, by Type (2021-2032)
14.4.11.3. Market Revenue and Forecast, by Solution (2021-2032)
14.4.11.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.4.11.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.4.11.6. Market Revenue and Forecast, by Application (2021-2032)
14.4.11.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.5. Latin America
14.5.1. Market Revenue and Forecast, by Component (2021-2032)
14.5.2. Market Revenue and Forecast, by Type (2021-2032)
14.5.3. Market Revenue and Forecast, by Solution (2021-2032)
14.5.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.5.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.5.6. Market Revenue and Forecast, by Application (2021-2032)
14.5.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.5.8. Brazil
14.5.8.1. Market Revenue and Forecast, by Component (2021-2032)
14.5.8.2. Market Revenue and Forecast, by Type (2021-2032)
14.5.8.3. Market Revenue and Forecast, by Solution (2021-2032)
14.5.8.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.5.8.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.5.8.6. Market Revenue and Forecast, by Application (2021-2032)
14.5.8.7. Market Revenue and Forecast, by Organization Size (2021-2032)
14.5.9. Rest of LATAM
14.5.9.1. Market Revenue and Forecast, by Component (2021-2032)
14.5.9.2. Market Revenue and Forecast, by Type (2021-2032)
14.5.9.3. Market Revenue and Forecast, by Solution (2021-2032)
14.5.9.4. Market Revenue and Forecast, by Technologies (2021-2032)
14.5.9.5. Market Revenue and Forecast, by Deployment Mode (2021-2032)
14.5.9.6. Market Revenue and Forecast, by Application (2021-2032)
14.5.9.7. Market Revenue and Forecast, by Organization Size (2021-2032)
Chapter 15. Company Profiles
15.1. Harris Corporation
15.1.1. Company Overview
15.1.2. Product Offerings
15.1.3. Financial Performance
15.1.4. Recent Initiatives
15.2. RMSI
15.2.1. Company Overview
15.2.2. Product Offerings
15.2.3. Financial Performance
15.2.4. Recent Initiatives
15.3. DigitalGlobe, Inc.
15.3.1. Company Overview
15.3.2. Product Offerings
15.3.3. Financial Performance
15.3.4. Recent Initiatives
15.4. Fugro N.V.
15.4.1. Company Overview
15.4.2. Product Offerings
15.4.3. Financial Performance
15.4.4. Recent Initiatives
15.5. Hexagon AB
15.5.1. Company Overview
15.5.2. Product Offerings
15.5.3. Financial Performance
15.5.4. Recent Initiatives
15.6. ESRI
15.6.1. Company Overview
15.6.2. Product Offerings
15.6.3. Financial Performance
15.6.4. Recent Initiatives
15.7. General Electric Co.
15.7.1. Company Overview
15.7.2. Product Offerings
15.7.3. Financial Performance
15.7.4. Recent Initiatives
15.8. MacDonald, Dettwiler & Associates, Ltd.
15.8.1. Company Overview
15.8.2. Product Offerings
15.8.3. Financial Performance
15.8.4. Recent Initiatives
15.9. Trimble Navigation LTD.
15.9.1. Company Overview
15.9.2. Product Offerings
15.9.3. Financial Performance
15.9.4. Recent Initiatives
15.10. Bentley Systems, Inc.
15.10.1. Company Overview
15.10.2. Product Offerings
15.10.3. Financial Performance
15.10.4. Recent Initiatives
Chapter 16. Research Methodology
16.1. Primary Research
16.2. Secondary Research
16.3. Assumptions
Chapter 17. Appendix
17.1. About Us
17.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client