Precision Business Insights has published a report on the global geospatial analytics market, estimating its value at USD 90.4 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 14.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/geospatial-analytics-market
Market Definition:
In order to make well-informed judgments in a variety of sectors, geospatial analytics uses data that contains location information (such as latitude and longitude) to analyze and depict real-world events, trends, and patterns.
Drivers:
1) Growing adaption of location-based services.
2) Rising investments in smart cities.
The global geospatial analytics market segmentation:
1) By Component: Solutions and Services.
2) By Type: Network and Location Analytics, Surface and Field Analytics, Geo-visualization, Geo-simulation, Digital Terrain Analysis, Polygon Overlay and Dissolve, Artificial Neural Networks (ANN), Others.
3) By Technology: GPS, Remote Sensing, GIS, Internet Mapping Technologies.
4) By Application: Surveying, Disaster Risk Reduction and Management, Medicine and Public Safety, Climate Change Adaptation, Sales Optimization, Predictive Asset Management, Supply Chain Planning and Optimization, Others.
5) By End User: Security & Defence, BFSI, Education, Media & Entertainment, Healthcare, Transportation & Logistics, Architecture, Engineering & Construction, Manufacturing, Oil & Gas, Retail.
Regional Overview:
The report also examines the current concerns and their Future Effects on the geospatial analytics market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the geospatial analytics market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The key players profiled in the global geospatial analytics market report are ESRI (U.S.), General Electric Company (U.S.), Oracle Corporation (U.S.), HERE (Netherlands), Alteryx, Inc. (U.S.), Atkins (U.K.), Hexagon AB (Sweden), RMSI Pvt. Ltd., India (India), CARTO (U.S.), SAP SE (Germany), Trimble Inc. (U.S.), L3Harris Technologies, Inc. (U.S.), Fugro N.V. (Netherlands), Autodesk, Inc. (U.S.), Google LLC (U.S.), AAM Pty Ltd. (Australia), Orbital Insight (U.S.), Cyient Limited (India), Precisely (U.S.)
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