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Geospatial Data Analytics Market by Technology and Geography - Forecast and Analysis 2022-2026

  • Published: Jun 2022
  • Pages: 143
  • SKU: IRTNTR70887
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The geospatial analytics market share is expected to increase to USD 80.74 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 16.43%.

This geospatial analytics market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers geospatial analytics market segmentation by technology (GPS, GIS, remote sensing, and others) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The geospatial analytics market report also offers information on several market vendors, including Alphabet Inc., Alteryx Inc., Autodesk Inc., Bentley Systems Inc., CartoDB Inc., Development Seed, Esri, Fugro NV, Garmin Ltd., General Electric Co., Geomap Co., Hexagon AB, International Business Machines Corp., L3Harris Technologies Inc., Maxar Technologies Inc., Pitney Bowes Inc., Porsche Automobil Holding SE, QlikTech international AB, SAP SE, TomTom International BV, Topcon Corp., and Trimble Inc. among others.

What will the Geospatial Analytics Market Size be During the Forecast Period?

Geospatial Data Analytics Market Size

Download the Free Report Sample to Unlock the Geospatial Analytics Market Size for the Forecast Period and Other Important Statistics

 

Geospatial Analytics Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rising applications of geospatial data analytics in disaster management is notably driving the geospatial analytics market growth, although factors such as data privacy and security concerns may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the geospatial analytics industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Geospatial Analytics Market Driver

  • One of the key factors driving the global geospatial analytics industry growth is the rising applications of geospatial data analytics in disaster management.
  • Geospatial technology provides data on the geography, and any changes or deviations in the typical data will lead to an inspection by experts.
  • The use of geospatial data analytics across various systems, such as forest fire management, flood management, climate change analyses, and carbon management, has made geospatial technology an effective tool in disaster management.
  • The government and the natural resources sectors are heavily dependent on geospatial technology for disaster management.
  • The geospatial applications for forest fire management, including fire risk assessment, prescribed burn planning, forest fire simulation, and post-fire assessment and monitoring, help in simulating a forest fire.
  • The use of modern technologies for disaster management will drive the growth of the market during the forecast period.

Key Geospatial Analytics Market Trend

  • Emerging methods in data collection and generation is one of the key geospatial analytics market trends that is expected to impact the industry positively in the forecast period.
  • The upcoming changes in geospatial data collection, shaped by real-time interactive GPS/GIS and real-time mobile space-time capabilities, are mainly responsible for the highly detailed, specific, and updated GIS features.
  • The rapid changes in satellite technologies are changing the remote sensing industry in a positive way, as both space and airborne imaging sensors have increased.
  • The Smallsat revolution in the market is mainly driven by the cost reduction associated with a wide variety of new technologies and new space business models.
  • The advent of UAS technologies allows users to produce better mapping images compared with other traditional methods such as geographical traditional mapping.
  • The emerging methods in data collection and generation are expected to augment the growth of the market in the forecast years.

Key Geospatial Analytics Market Challenge

  • One of the key challenges to the global geospatial analytics industry growth is the data privacy and security concerns, as devices are interconnected through the Internet and are dependent on the use of private and public networks.
  • A highly secured environment needs to be established, as critical data is transferred through the system networks.
  • Increased connectivity and data sharing have led to more cybersecurity issues and data breaches.
  • The revolution of the IoT has led to a large-scale combination of both physical and virtual worlds, which also increases the risk of security beaches.
  • Potential economic loss from cyberattacks in industries is significant compared with the privacy breaches of personal data.
  • The cyberattacks can hamper sensor and device data in an industrial setup, which may hamper the growth of the global geospatial data analytics market during the forecast period.

This geospatial analytics market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global geospatial data analytics market as a part of the global information technology (IT) spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the geospatial analytics market during the forecast period.

Who are the Major Geospatial Analytics Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Alphabet Inc.
  • Alteryx Inc.
  • Autodesk Inc.
  • Bentley Systems Inc.
  • CartoDB Inc.
  • Development Seed
  • Esri
  • Fugro NV
  • Garmin Ltd.
  • General Electric Co.
  • Geomap Co.
  • Hexagon AB
  • International Business Machines Corp.
  • L3Harris Technologies Inc.
  • Maxar Technologies Inc.
  • Pitney Bowes Inc.
  • Porsche Automobil Holding SE
  • QlikTech international AB
  • SAP SE
  • TomTom International BV
  • Topcon Corp.
  • Trimble Inc.

 

This statistical study of the geospatial analytics market encompasses successful business strategies deployed by the key vendors. The geospatial analytics market is fragmented and the vendors are deploying growth strategies such as technological innovation to compete in the market.

Product Insights and News

  • Alphabet Inc. - Under the Google services segment, the company includes products and services such as Google Ads, Android, Chrome, Google Maps, Google Play, Search, YouTube, and hardware.
  • Alteryx Inc. - The company offers geospatial data analytic tools to calculate distances, establish trade zones, and manipulate polygons.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The geospatial analytics market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Geospatial Analytics Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the geospatial analytics market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Geospatial Analytics Market?

Geospatial Data Analytics Market Market segmentation by region

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38% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for geospatial analytics in North America. Market growth in this region will be faster than the growth of the market in Europe.

The expanding healthcare market in the region needs high-level analytics, owing to the COVID-19 pandemic, which will facilitate the geospatial analytics market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 was also one of the key factors that drove the demand for geospatial data analytics software and solutions in the region. In Q4 2020 and the H1 of 2021, the US carried out vaccination drives to contain the spread of COVID-19, using GIS mapping software and location intelligence technology. The demand for COVID-19 vaccines surged during the second half of 2021, and therefore, the demand for such mapping software, GIS tools, and dashboards will increase significantly for the tracking of people flow in hospitals, retail pharmacies, provider clinics, and emergency centers. These factors are anticipated to drive the growth of the geospatial data analytics market in the region during the forecast period.

What are the Revenue-generating Technology Segments in the Geospatial Analytics Market?

Geospatial Data Analytics Market Segmentation

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The geospatial analytics market share growth by the GPS segment will be significant during the forecast period. One of the geospatial data analytics technologies is the GPS which is a satellite-based radio navigation system owned by the US government and operated by the US Space Force. GPS technology will help in the precise positioning of geospatial data, which is expected to foster the demand for GPS technology in the global geospatial data analytics market during the forecast years.

This report provides an accurate prediction of the contribution of all the segments to the growth of the geospatial analytics market size and actionable market insights on post COVID-19 impact on each segment.

 

Geospatial Analytics Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 16.43%

Market growth 2022-2026

$ 80.74 billion

Market structure

Fragmented

YoY growth (%)

14.11

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 38%

Key consumer countries

US, Canada, China, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Alphabet Inc., Alteryx Inc., Autodesk Inc., Bentley Systems Inc., CartoDB Inc., Development Seed, Esri, Fugro NV, Garmin Ltd., General Electric Co., Geomap Co., Hexagon AB, International Business Machines Corp., L3Harris Technologies Inc., Maxar Technologies Inc., Pitney Bowes Inc., Porsche Automobil Holding SE, QlikTech international AB, SAP SE, TomTom International BV, Topcon Corp., and Trimble Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this Geospatial Analytics Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive geospatial analytics market growth during the next five years
  • Precise estimation of the geospatial analytics market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the geospatial analytics industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of geospatial analytics market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Technology

    • 5.1 Market segments
      • Exhibit 24: Chart on Technology - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Technology - Market share 2021-2026 (%)
    • 5.2 Comparison by Technology
      • Exhibit 26: Chart on Comparison by Technology
      • Exhibit 27: Data Table on Comparison by Technology
    • 5.3 GPS - Market size and forecast 2021-2026
      • Exhibit 28: Chart on GPS - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on GPS - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on GPS - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on GPS - Year-over-year growth 2021-2026 (%)
    • 5.4 GIS - Market size and forecast 2021-2026
      • Exhibit 32: Chart on GIS - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on GIS - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on GIS - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on GIS - Year-over-year growth 2021-2026 (%)
    • 5.5 Remote sensing - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Remote sensing - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Remote sensing - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Remote sensing - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Remote sensing - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Technology
      • Exhibit 44: Market opportunity by Technology ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.11 UK - Market size and forecast 2021-2026
      • Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.12 Germany - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 87: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 88: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Alteryx Inc.
              • Exhibit 97: Alteryx Inc. - Overview
              • Exhibit 98: Alteryx Inc. - Product / Service
              • Exhibit 99: Alteryx Inc. - Key news
              • Exhibit 100: Alteryx Inc. - Key offerings
            • 10.4 Autodesk Inc.
              • Exhibit 101: Autodesk Inc. - Overview
              • Exhibit 102: Autodesk Inc. - Business segments
              • Exhibit 103: Autodesk Inc. - Key news
              • Exhibit 104: Autodesk Inc. - Key offerings
              • Exhibit 105: Autodesk Inc. - Segment focus
            • 10.5 CartoDB Inc.
              • Exhibit 106: CartoDB Inc. - Overview
              • Exhibit 107: CartoDB Inc. - Product / Service
              • Exhibit 108: CartoDB Inc. - Key offerings
            • 10.6 Esri
              • Exhibit 109: Esri - Overview
              • Exhibit 110: Esri - Product / Service
              • Exhibit 111: Esri - Key offerings
            • 10.7 Fugro NV
              • Exhibit 112: Fugro NV - Overview
              • Exhibit 113: Fugro NV - Business segments
              • Exhibit 114: Fugro NV - Key offerings
              • Exhibit 115: Fugro NV - Segment focus
            • 10.8 Hexagon AB
              • Exhibit 116: Hexagon AB - Overview
              • Exhibit 117: Hexagon AB - Business segments
              • Exhibit 118: Hexagon AB - Key news
              • Exhibit 119: Hexagon AB - Key offerings
              • Exhibit 120: Hexagon AB - Segment focus
            • 10.9 L3Harris Technologies Inc.
              • Exhibit 121: L3Harris Technologies Inc. - Overview
              • Exhibit 122: L3Harris Technologies Inc. - Business segments
              • Exhibit 123: L3Harris Technologies Inc. - Key news
              • Exhibit 124: L3Harris Technologies Inc. - Key offerings
              • Exhibit 125: L3Harris Technologies Inc. - Segment focus
            • 10.10 Porsche Automobil Holding SE
              • Exhibit 126: Porsche Automobil Holding SE - Overview
              • Exhibit 127: Porsche Automobil Holding SE - Business segments
              • Exhibit 128: Porsche Automobil Holding SE - Key offerings
              • Exhibit 129: Porsche Automobil Holding SE - Segment focus
            • 10.11 TomTom International BV
              • Exhibit 130: TomTom International BV - Overview
              • Exhibit 131: TomTom International BV - Business segments
              • Exhibit 132: TomTom International BV - Key offerings
              • Exhibit 133: TomTom International BV - Segment focus
            • 10.12 Trimble Inc.
              • Exhibit 134: Trimble Inc. - Overview
              • Exhibit 135: Trimble Inc. - Business segments
              • Exhibit 136: Trimble Inc. - Key offerings
              • Exhibit 137: Trimble Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 138: Inclusions checklist
                • Exhibit 139: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 140: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 141: Research methodology
                • Exhibit 142: Validation techniques employed for market sizing
                • Exhibit 143: Information sources
              • 11.5 List of abbreviations
                • Exhibit 144: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Geospatial Analytics market growth will increase by $59.4 billion during 2022-2026.
              The geospatial analytics market is expected to grow at a CAGR of 15.27% during 2022-2026.
              Technavio has segmented the geospatial analytics market by technology (GPS, GIS, Remote sensing, and Others) and geographic (North America, Europe, APAC, MEA, and South America).
              Alphabet Inc., Alteryx Inc., Bentley Systems Inc., Environmental Systems Research Institute Inc., Fugro NV, General Electric Co., Hexagon AB, L3Harris Technologies Inc., Maxar Technologies Inc., SAP SE are a few of the key vendors in the geospatial analytics market.
              North America will register the highest growth rate of 38.77% among the other regions. Therefore, the geospatial analytics market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the geospatial analytics market growth are:
              • Rising applications of geospatial analytics in disaster management
              The geospatial analytics market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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              • Five-force market analysis

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