Geospatial Analytics Market Review, In-Depth Analysis, Research, Forecast to 202

Posted by Vilas MRFR on September 17th, 2019

Overview

With the advancement of digital technology, there is a surging need for real-time information for forecasting, threat detection, and planning their workflow. In order to achieve their goals and objectives, the geospatial analytics is associated with a geographic information system (GIS) is required to integrate with the Internet of Things and sensor data.

Many companies are evolving new techniques to provide real-time information for various functional departments. For instance, Munich RE, one of the largest re-insurance companies, implements spatial data processing, predictive analytics, and simulation capabilities in SAP HANA to recognize the risk and cyber threat which is increasing at a faster rate. Furthermore, Munich Re also implements the cloud-based Earth Observation Analysis Service (EOAS) launched by SAP HANA to assess and analyze the natural disaster data with their customer information to improve the business decision capabilities more effectively and efficiently.

Additionally, IBM Watson has also expanded the product portfolio by engaging MAPBOX to escalate the geospatial analysis for providing a platform for analytics for the end users. However, increase in implementation of geospatial analytics solutions by governments and public safety organizations for safety and security is expected to increase the demand for the market over the forecast period.

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Key Players

Market research future identifies some of the key players of Geospatial Analytics market are IBM Corporation (U.S.), Trimble Navigation Ltd. (U.S.), ESRI (U.S.), General Electric (U.S.), MDA (Canada), Fugro N.V. (Netherlands), and RMSI (India), Alteryx (U.S.), Hexagon AB (Sweden), Harris Corporation (U.S.), DigitalGlobe, Inc. (U.S.), Bentley Systems, Inc. (U.S.), and Transerve technologies (India).

Segmentation

The geospatial analytics market is differentiated by component, type, technology, application, and end-user.

By component, the Geospatial Analytics Market is sub-segmented as services and software. On the basis of services, the market is sub-segmented into professional services and managed services. The professional services are further segregated into consulting services and training services. Additionally, by the type, the market is classified as surface analytics, network analytics, geo-visualization. Furthermore, on the basis of technology, the market is sub-divided into photogrammetric, LiDAR Technology, 3D laser scanning, remote sensing, a global positioning system (GPS), geographic information system (GIS), and others.

By application, the market is sub-divided into land administration, survey solutions, mobile mapping, climate change, medicine & public safety, disaster risk reduction & management, and others. Lastly, on the basis of end-user, the market is differentiated into agriculture, construction & real estate, energy, forestry, marine & mining, retail, transportation & logistics, and others.

According to Market Research Future analysis, Geospatial Analytics Markethas been valued at approximately over USD 95 billion growing with a 19% CAGR during the forecast period 2019-2023.

Target Audience

Associations & Industry Bodies

Cloud Service Providers

Technology Consultants

Value Added Resellers

Satellite Service Providers

Research Firms

Government Bodies, regulatory Firms

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LIST OF TABLES

Table1 Global Geospatial Analytics Market: By Region, 2019-2023

Table2 North America Geospatial Analytics Market: By Country, 2019-2023

Table3 Europe Geospatial Analytics Market: By Country, 2019-2023

Table4 Asia-Pacific Geospatial Analytics Market: By Country, 2019-2023

Table5 The Middle East & Africa Geospatial Analytics Market: By Country, 2019-2023

Continued……

LIST OF FIGURES

FIGURE 1 Global Geospatial Analytics Software Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Geospatial Analytics Software Market

FIGURE 4 Value Chain Of Global Geospatial Analytics Software Market

FIGURE 5 Share Of Global Geospatial Analytics Software Market In 2019, By Country (In %)

Continued……

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