Posted on Leave a comment

Geospatial Market 2019 Global Industry Profit Growth, Segments, Size, Top Key Players, Drivers and Trends by Forecast to 2023

“Geospatial Market”

Global Geospatial Market is expected to reach USD 78 billion by the end of 2022 with ~16.6% CAGR during forecast period 2016-2022

Geospatial Market Scenario:

Geo means earth and spatial can be described as anything that takes up space. It can be applied to anything that takes up space on the earth. Geospatial data provides information about something that takes up space on the earth.

The key drivers contributing to the growth of the market are the demand for the integration and convergence of geospatial information with mainstream technologies, commoditization of geospatial data for various industries. Also, the rising demand for geospatial analytics solutions with artificial intelligence capabilities across various industries and the rising adoption of geospatial solutions for safety and security.

The Geospatial Market analytics can be analyzed for market segmentation on the basis of demography, lifestyle and behavioral. Hence, analysis would help organizations to promote programs and target new customers. Even reducing operational and logistic costs by various organizations is expected to drive the growth of the geospatial analytics market. Geospatial analytics helps government figure crime locations, issue alerts in situation of natural calamities and designing disaster recovery mechanisms.

The emergence of smart cities and increasing demand for innovating technologies in developing countries is going to boost the demand of the market. The increasing usage of GPS enabled smartphone devices and the innovations in technology would also increase the opportunities. The factor hampering the growth are the privacy issues related to storage of geospatial data and legal issues related to storage of personal information. However, the initial set up of the analytics products require high investment.

Geographically, Asia-Pacific accounted for the largest market share in the global geospatial market and North-America is expected to grow over the forecast period.   

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/2441  

Major Key Players:

  • DigitalGlobe, Inc. (U.S.)
  • Hexagon AB (Sweden)
  • Bentley Systems, Inc. (U.S.)
  • General Electric Co. (U.S.)
  • ESRI (U.S.)
  • Trimble Navigation LTD. (U.S.)
  • MacDonald
  • Dettwiler & Associates, Ltd. (Canada)
  • Fugro N.V. (Netherlands)
  • RMSI (India)
  • Harris Corporation (U.S.)

Segments:

For the purpose of this study, Market Research Future has segmented the market of geospatial market into type, technology, end-users and region.

By Type

  • Surface Analytics
  • Network Analytics
  • Geo-visualization
  • Others

By Technology-

  • Remote Sensing
  • GPS
  • GIS
  • Others

By End-users-

  • Business
  • Automotive
  • Utility & Communication
  • Government
  • Defense & Intelligence
  • Natural Resources
  • Others

By Region-

  • North-America
  • Europe
  • Asia-Pacific
  • RoW

Regional Analysis:

Regionally, Asia-Pacific region accounted for the largest market share, majorly due to increasing g adoption and usage of such analytics across various verticals.

Also, infrastructure and smart city developments are factors driving the growth of the market in this region.

Intended Audience:

  • Manufacturers
  • Distributors
  • Research firms
  • Consultancy firms
  • Software Developers
  • Vendors
  • Semiconductor Manufacturers
  • Stakeholders
  • End-user sectors
  • Technology Investors

Table of Contents

1         Market Introduction   

1.1       Introduction   

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

Continued…..

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/geospatial-market-2441

List of Tables

Table 1 Global Geospatial Market, By Type

Table 2 Global Geospatial Market, By Technology

Table 3 Global Geospatial Market, By End-Users

Continued…..

List of Figures

Figure 1 Research Technology

Figure 2 Global Geospatial Market, By Type (%)

Figure 3 Global Geospatial Market, By Technology (%)

Continued…..

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/geospatial-market-2441