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Geospatial Analytics Market Set for Lucrative Growth, Projected Revenue Surge and Market Expansion by 2032

09-09-2024 03:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Vantage Market Research

/ PR Agency: Vantage Market Research
Geospatial Analytics Market

Geospatial Analytics Market

The Global Geospatial Analytics Market was valued at USD 60.73 Billion in 2024, and is anticipated to reach USD 87.70 Billion by 2032, exhibiting a CAGR of 4.7% during the forecast period 2024 to 2032.

The latest study released on the Geospatial Analytics Market by Vantage Market Research evaluates market size, trend, and forecast to 2032. The Geospatial Analytics Market analysis covers significant research data and proofs to be a handy resource document for managers, analysts, industry specialists, and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities, and future challenges and about the competitors. This Geospatial Analytics is An Ever-Increasing industry that has seen tremendous growth in the forecast period. The post category sector is one of the most competitive and profitable sectors in the world. Also, this report is necessary for stakeholders and market players to stay up-to-date on the latest developments.

Get a Sample Copy of the Research Report Here (use only business mail ID) @ https://www.vantagemarketresearch.com/geospatial-analytics-market-1654/request-sample

Market Evolution

This section presents an analysis of the position of the product or services in the market based on market development and competitive position. This report provides an overview of the stages of product growth in the Geospatial Analytics Market in terms of early (historical) phase, middle phase, and upcoming innovation and technologies.

Key Players in This Geospatial Analytics Market Report Include:

• Alteryx (US)
• Bentley Systems (US)
• Carto (US)
• Descartes Labs (US)
• ESRI (US)
• Fugro (Netherlands)
• General Electric (US)
• Geospin (Germany)
• Google (US)
• Hexagon AB (Sweden)
• Mapidea (Portugal)
• MapLarge (US)
• Maxar Technologies (US)
• Oracle (US)
• Orbica (New Zealand)
• Orbital Insight (US)
• Precisely (US)
• RemOT Technologies (Spain)
• RMSI (India)
• SAP (Germany)
• Skymap Global (Singapore)
• Sparkgeo (Canada)
• TomTom (Netherlands)
• Trimble (US)
• Ubimo (US)

According to Vantage Market Research, The Geospatial Analytics Market is expected to witness incredible growth during the forecast period of 2024 to 2032. The market is segmented by Application, by Type, and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Geospatial Analytics report spotlights information regarding the current and upcoming industry trends, and growth patterns, as well as provides business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Segments Covered

• By Components Solutions, Services

• By Solution Geocoding and Reverse Geocoding, Data Integration and ETL, Reporting and Visualization, Thematic Mapping and Spatial Analysis, Other Solutions (DBMS and Data Storage Software)

• By Service Consulting, Integration and Deployment, Support and Maintenance

• By Type Surface and Field Analytics, Network and Location Analytics, Geo Visualization, Other Types (Geo Computation, Geo Simulation, Artificial Neural Networks (ANN), Map Generalization, Map Abstraction, Map Sheet, Manipulations, Digital Terrain Analysis, Buffer Generation, Polygon Overlay and Dissolve, And Data Measurements)

• By Technology Remote Sensing, GIS, GPS, Other Technologies (Internet Mapping Technologies)

• By Deployment Mode Cloud, On-Premises

• By Organization Size SMEs, Large Enterprises

• By Application Surveying, Medicine and Public Safety, Disaster Risk Reduction and Management, Climate Change Adaptation, Other Applications (Supply Chain Planning and Optimization, Sales and Marketing Optimization, Predictive Asset Management, and Inventory Management)

• By Vertical Utility, Government, Defense and Intelligence, BFSI, Real Estate and Construction, Healthcare, Mining and Natural Resources, Security, Logistics and Supply Chain, Automotive, Agriculture, Others

Quick Buy a Geospatial Analytics Market Research Report Here(Get 20% Discount) @ https://www.vantagemarketresearch.com/buy-now/geospatial-analytics-market-1654/0

Recent Developments

• February 2024: Placer.ai and Esri, a Geographic Information System (GIS) technology provider, partnered to empower customers with enhanced analytics capabilities, integrating consumer behavior analysis. Additionally, the agreement will foster collaborations to unlock further features by synergizing our respective product offerings.

• December 2023: CKS and Esri India Technologies Pvt Ltd teamed up to introduce the 'MMGEIS' program, focusing on students from 8th grade to undergraduates, to position India as a global leader in geospatial technology through skill development and innovation.

• December 2023: In collaboration with Bayanat, the UAE Space Agency revealed the initiation of the operational phase of the Geospatial Analytics Platform during its participation in organizing the Space at COP28 initiatives.

• November 2023: USAID unveiled its inaugural Geospatial Strategy, designed to harness geospatial data and technology for more targeted international program delivery. The strategy foresees a future where geographic methods enhance the effectiveness of USAID's efforts by pinpointing development needs, monitoring program implementation, and evaluating outcomes based on location.

• May 2023: TomTom International BV, a geolocation technology specialist, expanded its partnership with Alteryx, Inc. Through this partnership, Alteryx will use TomTom's Maps APIs and location data to integrate spatial data into Alteryx's products and location insights packages, such as Alteryx Designer.

Geographically, the Detailed Analysis of Consumption, Revenue, Market Share, and Growth Rate of the Following Regions:

● North America (the United States, Canada, and Mexico)

● Europe (Germany, France, UK, Russia, and Italy)

● Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

● South America (Brazil, Argentina, Colombia, etc.)

● The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Objectives of the Report

● To carefully analyze and forecast the size of the Geospatial Analytics Market by value and volume.

● To estimate the market shares of major segments of this market.

● To showcase the development of the Geospatial Analytics in different parts of the world.

● To analyze and study micro-markets in terms of their contributions to the Geospatial Analytics Market, their prospects, and individual growth trends.

● To offer precise and useful details about factors affecting the growth of this market.

● To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Geospatial Analytics Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Read Full Research Report with [TOC] @ https://www.vantagemarketresearch.com/industry-report/geospatial-analytics-market-1654

Key Questions Answered

★ Which are the five top players of the Geospatial Analytics Market?

★ How will the Geospatial Analytics change in the upcoming years?

★ Which product and application will take a share of the Geospatial Analytics Market?

★ What will be the CAGR and size of the Geospatial Analytics Market throughout the forecast period?

★ What are the drivers and restraints of the Geospatial Analytics?

★ Which regional market will show the highest growth?

★ What is the current Geospatial Analytics size, what will the market size be in 2032 and what will the growth rate be?

★ Who are the major competitors and what is their strategy?

★ What are the challenges to grow in the Geospatial Analytics Market?

★ What are the market opportunities and challenges faced by the key vendors?

★ What are the barriers to entry for new players in the Geospatial Analytics Market?

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