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Global Geospatial Analytics Market will multiply at impressive CAGR by 2022 & Top Key Players are RMSI, MDA, ESRI, Hexagon AB, Fugro N.V., Harris Corporation and General Electric

Press Release

Geospatial Analytics, commonly known as Spatial Analysis is the collection, display and modification of geographically coded data like GPS data, satellite images and aerial photographs. Geospatial analytics give solutions which throw insight on the data collected from sources like GIS, Remote sensing and GPS. Users can do advanced mapping and modelling using the solutions from geospatial analytics.

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Market Dynamics
The factors driving the growth of the market are commercialization of geospatial data, integration of geospatial data with other major technologies, increasing demand for geospatial solutions in various industries, use of geospatial analytics in new and novel applications, advancements in technology and application of geospatial analytics for security solutions around the world. The factors which are adversely affecting the growth of the geospatial analytics market are the high initial as well as maintenance costs associated with these technologies and operational problems which combined are playing a role in the slow adoption of geospatial analytics around the world. Lack of supporting infrastructure to geospatial technologies and difficulties associated with integrating geospatial technologies with other technologies also act as impediments to growth of this market.

Market Segmentation
The Global Geospatial Analytics Market is segmented into five types on the basis of type, technology, application, vertical and region.

Segmentation by Type

Surface Analytics
Network Analytics
Segmentation by Technology
Remote Sensing
Global Positioning System (GPS)
Geographic Information Systems (GIS)

The Global Positioning System (GPS) segment is expected to post the highest growth rate. This growth is due to the various applications of GPS in fields such as commercial, industrial, defence and space.
Segmentation by Application
Medicine & Public Safety
Disaster Risk Reduction & Management
Climate Change Adaptation

The surveying segment is projected to grow the fastest, due in part to the increasing demand for surveying solutions.
Segmentation by Vertical
Utility & Communication
Defence & Intelligence
Natural Resources

The Automotive segment is predicted to have the highest growth rate. This is due to the rising adoption of geospatial technologies in automotive sector.

Segmentation by Region
North America
Middle East & Africa
Latin America

Asia Pacific is expected to show the fastest growth among all the regions.

Regional/ Geographic Analysis
Factors like increasing adoption of geospatial technologies, usage of geospatial analytics in various industries, developments in infrastructure and need for smart city solutions are driving the growth of geospatial analytics in Asia Pacific. Europe is also expected to show good growth due to the increasing usage of geospatial technologies in the aeronautical and defence sectors in Europe.

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Key Players
The Major Players in the global geospatial analytics market are Trimble Navigation Ltd., Bentley Systems, Inc., RMSI, MDA, ESRI, Hexagon AB, Fugro N.V., Harris Corporation, General Electric and Digital Globe Inc.

Report Contents Regional Analysis Report Highlights

Market segments

Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market – Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Rest of Eastern Europe
Asia Pacific
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

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