Geospatial Analytics Industry Analysis, Growth and Forecast, 2018-2025

marketnews1 (-3)(1)in #geospatial • 6 years ago

"Global Geospatial Analytics Market valued approximately USD 27 million in 2016 is anticipated to grow with a healthy growth rate of more than 15 % over the forecast period 2017-2025. Key drivers are rising penetration of Internet of Things (IoT), and significant development in geospatial analytics with the introduction of big data and artificial intelligence. However, major restraining factors which hinder the growth of the global geospatial analytics market is the high cost of geospatial analytics solutions. These solutions also offer more benefits such as the capability to serve on-demand analytics, improved accessibility and capability to analyze complex datasets, and analyzing several types of geospatial data through cloud based geospatial analytics.

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By Components:

Software & Solutions
Services
By Type:

Surface & Field Analytics
Network & Location Analytics
GeoVisualization
Others
By Application:

Surveying
Medicine & Public Safety
Disaster Risk Reduction & Management
Climate Change Adaption
Others
By Vertical:

Business
Automotive
Utility & Communication
Government
Defense & Intelligence
Natural Resources
Others
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By Regions:

North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are ESRI, Pitney Bowes, Oracle, SAP, Alteryx, Hexagon AB, Digitalglobe, Trimble, Maxar Technologies, Harris Corporation, Bentley Systems, General Electric, Google, RMSI, Furgo N.V .Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Geospatial Analytics Market in Market Study:

Key Consulting Companies & Advisors
Large, mediumsized, and small enterprises
Venture capitalists
ValueAdded Resellers (VARs)
Thirdparty knowledge providers
Investment bankers
Investors
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