The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.
The global geospatial analytics market reached a value of US$ 77.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 174.2 Billion by 2027, exhibiting a CAGR of 14.44% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Geospatial analytics refers to the analysis of geological data obtained from maps, graphs, statistics and cartograms for the representation of features or objects on the surface of the Earth. It involves the use of the global positioning system (GPS), 3D scanners, geotagging, location sensors, social media platforms, mobile devices and satellite imaging solutions for surface analysis, network analysis and geovisualization. Geospatial analytics adds timing and location to the real-time geospatial data and provides accurate insights through visual patterns and images. It is also used in geographic information systems (GIS) for weather modeling, population forecasting and monitoring of retail sales trends. As a result, it finds extensive applications for disaster management, urban planning and development and natural resource exploration.
The increasing development of smart cities across the globe is one of the key factors driving the growth of the market. Moreover, the widespread adoption of geospatial analytics for defense and military applications is providing a thrust to the market growth. With the rising instances of military tensions, defense organizations are increasingly adopting geospatial analytics for enhanced situational awareness and satellite monitoring of troops and enemy movements. In line with this, as the coronavirus disease (COVID-19) continues to spread across the globe, there has been a significant increase in the demand for geospatial analytics for tracking the disease and monitoring the affected areas. Additionally, various technological advancements, such as the integration of connected devices with artificial intelligence (AI) and machine learning (ML) solutions, are acting as other growth-inducing factors. These technologies aid in image classification, object detection, semantic segmentation and instance segmentation. Other factors, including significant improvements in the 5G infrastructure, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global geospatial analytics market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, type, technology, enterprise size, deployment mode and vertical.
Breakup by Component:
Breakup by Type:
Breakup by Technology:
Breakup by Enterprise Size:
Breakup by Deployment Mode:
Breakup by Vertical:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alteryx Inc., Descartes Labs Inc, Environmental Systems Research Institute Inc., General Electric Company, Hexagon AB, Oracle Corporation, Orbital Insight Inc., SAP SE, Sparkgeo, TomTom N.V., Trimble Inc. and Ubimo Ltd. (Quotient Technology).
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Type, Technology, Enterprise Size, Deployment Mode, Vertical, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Alteryx Inc., Descartes Labs Inc, Environmental Systems Research Institute Inc., General Electric Company, Hexagon AB, Oracle Corporation, Orbital Insight Inc., SAP SE, Sparkgeo, TomTom N.V., Trimble Inc. and Ubimo Ltd. (Quotient Technology)|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )
Drop us an email at