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Geospatial Analytics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 147 pages | ID: G8C15BCC8AB6EN
IMARC Group

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The global geospatial analytics market size reached US$ 89.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 197.1 Billion by 2028, exhibiting a growth rate (CAGR) of 14.11% during 2022-2028.

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.

Geospatial Analytics Market Trends:
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.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global geospatial analytics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, type, technology, enterprise size, deployment mode and vertical.

Breakup by Component:

Solution
Services

Breakup by Type:

Surface and Field Analytics
Network and Location Analytics
Geovisualization
Others

Breakup by Technology:

Remote Sensing
GIS
GPS
Others

Breakup by Enterprise Size:

Large Enterprises
Small and Medium-sized Enterprises

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Vertical:

Automotive
Energy and Utilities
Government
Defense and Intelligence
Smart Cities
Insurance
Natural Resources
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
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).

Key Questions Answered in This Report
1. What was the size of the global geospatial analytics market in 2022?
2. What is the expected growth rate of the global geospatial analytics market during 2023-2028?
3. What has been the impact of COVID-19 on the global geospatial analytics market?
4. What are the key factors driving the global geospatial analytics market?
5. What is the breakup of the global geospatial analytics market based on the component?
6. What is the breakup of the global geospatial analytics market based on the type?
7. What is the breakup of the global geospatial analytics market based on the technology?
8. What is the breakup of the global geospatial analytics market based on the enterprise size?
9. What is the breakup of the global geospatial analytics market based on the deployment mode?
10. What is the breakup of the global geospatial analytics market based on the vertical?
11. What are the key regions in the global geospatial analytics market?
12. Who are the key players/companies in the global geospatial analytics market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL GEOSPATIAL ANALYTICS MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Solution
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY TYPE

7.1 Surface and Field Analytics
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Network and Location Analytics
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Geovisualization
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Others
  7.4.1 Market Trends
  7.4.2 Market Forecast

8 MARKET BREAKUP BY TECHNOLOGY

8.1 Remote Sensing
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 GIS
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 GPS
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Others
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY ENTERPRISE SIZE

9.1 Large Enterprises
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Small and Medium-sized Enterprises
  9.2.1 Market Trends
  9.2.2 Market Forecast

10 MARKET BREAKUP BY DEPLOYMENT MODE

10.1 On-premises
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2 Cloud-based
  10.2.1 Market Trends
  10.2.2 Market Forecast

11 MARKET BREAKUP BY VERTICAL

11.1 Automotive
  11.1.1 Market Trends
  11.1.2 Market Forecast
11.2 Energy and Utilities
  11.2.1 Market Trends
  11.2.2 Market Forecast
11.3 Government
  11.3.1 Market Trends
  11.3.2 Market Forecast
11.4 Defense and Intelligence
  11.4.1 Market Trends
  11.4.2 Market Forecast
11.5 Smart Cities
  11.5.1 Market Trends
  11.5.2 Market Forecast
11.6 Insurance
  11.6.1 Market Trends
  11.6.2 Market Forecast
11.7 Natural Resources
  11.7.1 Market Trends
  11.7.2 Market Forecast
11.8 Others
  11.8.1 Market Trends
  11.8.2 Market Forecast

12 MARKET BREAKUP BY REGION

12.1 North America
  12.1.1 United States
    12.1.1.1 Market Trends
    12.1.1.2 Market Forecast
  12.1.2 Canada
    12.1.2.1 Market Trends
    12.1.2.2 Market Forecast
12.2 Asia-Pacific
  12.2.1 China
    12.2.1.1 Market Trends
    12.2.1.2 Market Forecast
  12.2.2 Japan
    12.2.2.1 Market Trends
    12.2.2.2 Market Forecast
  12.2.3 India
    12.2.3.1 Market Trends
    12.2.3.2 Market Forecast
  12.2.4 South Korea
    12.2.4.1 Market Trends
    12.2.4.2 Market Forecast
  12.2.5 Australia
    12.2.5.1 Market Trends
    12.2.5.2 Market Forecast
  12.2.6 Indonesia
    12.2.6.1 Market Trends
    12.2.6.2 Market Forecast
  12.2.7 Others
    12.2.7.1 Market Trends
    12.2.7.2 Market Forecast
12.3 Europe
  12.3.1 Germany
    12.3.1.1 Market Trends
    12.3.1.2 Market Forecast
  12.3.2 France
    12.3.2.1 Market Trends
    12.3.2.2 Market Forecast
  12.3.3 United Kingdom
    12.3.3.1 Market Trends
    12.3.3.2 Market Forecast
  12.3.4 Italy
    12.3.4.1 Market Trends
    12.3.4.2 Market Forecast
  12.3.5 Spain
    12.3.5.1 Market Trends
    12.3.5.2 Market Forecast
  12.3.6 Russia
    12.3.6.1 Market Trends
    12.3.6.2 Market Forecast
  12.3.7 Others
    12.3.7.1 Market Trends
    12.3.7.2 Market Forecast
12.4 Latin America
  12.4.1 Brazil
    12.4.1.1 Market Trends
    12.4.1.2 Market Forecast
  12.4.2 Mexico
    12.4.2.1 Market Trends
    12.4.2.2 Market Forecast
  12.4.3 Others
    12.4.3.1 Market Trends
    12.4.3.2 Market Forecast
12.5 Middle East and Africa
  12.5.1 Market Trends
  12.5.2 Market Breakup by Country
  12.5.3 Market Forecast

13 SWOT ANALYSIS

13.1 Overview
13.2 Strengths
13.3 Weaknesses
13.4 Opportunities
13.5 Threats

14 VALUE CHAIN ANALYSIS

15 PORTERS FIVE FORCES ANALYSIS

15.1 Overview
15.2 Bargaining Power of Buyers
15.3 Bargaining Power of Suppliers
15.4 Degree of Competition
15.5 Threat of New Entrants
15.6 Threat of Substitutes

16 PRICE ANALYSIS

17 COMPETITIVE LANDSCAPE

17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
  17.3.1 Alteryx Inc.
    17.3.1.1 Company Overview
    17.3.1.2 Product Portfolio
    17.3.1.3 Financials
  17.3.2 Descartes Labs Inc
    17.3.2.1 Company Overview
    17.3.2.2 Product Portfolio
  17.3.3 Environmental Systems Research Institute Inc.
    17.3.3.1 Company Overview
    17.3.3.2 Product Portfolio
    17.3.3.3 SWOT Analysis
  17.3.4 General Electric Company
    17.3.4.1 Company Overview
    17.3.4.2 Product Portfolio
    17.3.4.3 Financials
    17.3.4.4 SWOT Analysis
  17.3.5 Hexagon AB
    17.3.5.1 Company Overview
    17.3.5.2 Product Portfolio
    17.3.5.3 Financials
    17.3.5.4 SWOT Analysis
  17.3.6 Oracle Corporation
    17.3.6.1 Company Overview
    17.3.6.2 Product Portfolio
    17.3.6.3 Financials
    17.3.6.4 SWOT Analysis
  17.3.7 Orbital Insight Inc.
    17.3.7.1 Company Overview
    17.3.7.2 Product Portfolio
  17.3.8 SAP SE
    17.3.8.1 Company Overview
    17.3.8.2 Product Portfolio
    17.3.8.3 Financials
    17.3.8.4 SWOT Analysis
  17.3.9 Sparkgeo
    17.3.9.1 Company Overview
    17.3.9.2 Product Portfolio
  17.3.10 TomTom N.V.
    17.3.10.1 Company Overview
    17.3.10.2 Product Portfolio
    17.3.10.3 Financials
    17.3.10.4 SWOT Analysis
  17.3.11 Trimble Inc.
    17.3.11.1 Company Overview
    17.3.11.2 Product Portfolio
    17.3.11.3 Financials
    17.3.11.4 SWOT Analysis
  17.3.12 Ubimo Ltd. (Quotient Technology)
    17.3.12.1 Company Overview
    17.3.12.2 Product Portfolio
    17.3.12.3 Financials

LIST OF TABLES

Table 1: Global: Geospatial Analytics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Geospatial Analytics Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Geospatial Analytics Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 4: Global: Geospatial Analytics Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 5: Global: Geospatial Analytics Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
Table 6: Global: Geospatial Analytics Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
Table 7: Global: Geospatial Analytics Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
Table 8: Global: Geospatial Analytics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 9: Global: Geospatial Analytics Market: Competitive Structure
Table 10: Global: Geospatial Analytics Market: Key Players

LIST OF FIGURES

Figure 1: Global: Geospatial Analytics Market: Major Drivers and Challenges
Figure 2: Global: Geospatial Analytics Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Geospatial Analytics Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Geospatial Analytics Market: Breakup by Component (in %), 2022
Figure 5: Global: Geospatial Analytics Market: Breakup by Type (in %), 2022
Figure 6: Global: Geospatial Analytics Market: Breakup by Technology (in %), 2022
Figure 7: Global: Geospatial Analytics Market: Breakup by Enterprise Size (in %), 2022
Figure 8: Global: Geospatial Analytics Market: Breakup by Deployment Mode (in %),2022
Figure 9: Global: Geospatial Analytics Market: Breakup by Vertical (in %), 2022
Figure 10: Global: Geospatial Analytics Market: Breakup by Region (in %), 2022
Figure 11: Global: Geospatial Analytics (Solution) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Geospatial Analytics (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Geospatial Analytics (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Geospatial Analytics (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Geospatial Analytics (Surface and Field Analytics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Geospatial Analytics (Surface and Field Analytics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Geospatial Analytics (Network and Location Analytics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Geospatial Analytics (Network and Location Analytics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Geospatial Analytics (Geovisualization) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Geospatial Analytics (Geovisualization) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Geospatial Analytics (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Geospatial Analytics (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Geospatial Analytics (Remote Sensing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Geospatial Analytics (Remote Sensing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Geospatial Analytics (GIS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Geospatial Analytics (GIS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Geospatial Analytics (GPS) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Geospatial Analytics (GPS) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Geospatial Analytics (Other Technologies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Geospatial Analytics (Other Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Geospatial Analytics (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Geospatial Analytics (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Geospatial Analytics (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Geospatial Analytics (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Geospatial Analytics (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Geospatial Analytics (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: Global: Geospatial Analytics (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: Global: Geospatial Analytics (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Global: Geospatial Analytics (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Global: Geospatial Analytics (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Global: Geospatial Analytics (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Global: Geospatial Analytics (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Global: Geospatial Analytics (Government) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Global: Geospatial Analytics (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Global: Geospatial Analytics (Defense and Intelligence) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Global: Geospatial Analytics (Defense and Intelligence) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Global: Geospatial Analytics (Smart Cities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Global: Geospatial Analytics (Smart Cities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Global: Geospatial Analytics (Insurance) Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Global: Geospatial Analytics (Insurance) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Global: Geospatial Analytics (Natural Resources) Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Global: Geospatial Analytics (Natural Resources) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Global: Geospatial Analytics (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Global: Geospatial Analytics (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: North America: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: North America: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United States: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United States: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Canada: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Canada: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Asia-Pacific: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Asia-Pacific: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: China: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: China: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Japan: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Japan: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: India: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: India: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: South Korea: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: South Korea: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Australia: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Australia: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Indonesia: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Indonesia: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Others: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Others: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Europe: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Europe: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Germany: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Germany: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: France: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: France: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: United Kingdom: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: United Kingdom: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Italy: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Italy: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: Spain: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 88: Spain: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 89: Russia: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 90: Russia: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 91: Others: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 92: Others: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 93: Latin America: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 94: Latin America: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 95: Brazil: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 96: Brazil: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 97: Mexico: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 98: Mexico: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 99: Others: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 100: Others: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 101: Middle East and Africa: Geospatial Analytics Market: Sales Value (in Million US$), 2017 & 2022
Figure 102: Middle East and Africa: Geospatial Analytics Market: Breakup by Country (in %), 2022
Figure 103: Middle East and Africa: Geospatial Analytics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 104: Global: Geospatial Analytics Industry: SWOT Analysis
Figure 105: Global: Geospatial Analytics Industry: Value Chain Analysis
Figure 106: Global: Geospatial Analytics Industry: Porter's Five Forces Analysis


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