#GeospatialAnalyticsMarket

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Geospatial Analytics Market will experience the highest growth rate of 16.21% during the given forecast period 2014 – 2023

Competitive Insights: The major players in the market are Hexagon AB, Harris Corporation, Bentley Systems, SAP SE, DigitalGlobe, Esri, Maxar Technologies, Trimble, RMSI Private Limited, Oracle Corporation, Alteryx, Fugro and General Electric. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

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The Geospatial Analytics Market is segmented as follows-

By Component: Services Software & Solutions

By Type: Network & Location Analytics Surface & Field Analytics Geovisualization Others

By Application: Medicine & Public Safety Climate Change Adaptation Surveying Disaster Risk Reduction & Management Others

By Vertical: Automotive Government Natural Resources Business Utility & Communication Defence & Intelligence Other

Industry Outlook and Trend Analysis: The Geospatial Analytics Market was worth USD 22.42 billion in 2014 and is expected to reach approximately USD 86.71 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 16.21% during the forecast period.

The market is anticipated to witness a substantial development amid the gauge time frame, significantly determined by the expanding usage of Internet of Things (IoT), integration of geospatial technology with standard technology, and major progressions in geospatial investigation with the advent of artificial intelligence and big data. With the advent of big data and artificial intelligence in the market, geospatial analytics can give enhanced and more affordable geospatial data to organizations over the globe. These solutions give extra advantages, for example, the capacity to serve on-demand analytics, expanded availability and capacity to analyse complex and large datasets, and investigating various sorts of geospatial data through cloud-based geospatial analytics.

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Table of Contents: 1.Introduction 2.Executive Summary 3.Market Overview 4.Market Analysis by Regions 4.1.North America (United States, Canada and Mexico) 4.2.Europe (Germany, France, UK, Russia, Italy and Rest of Europe) 4.3.Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific) 4.4.South America (Brazil, Argentina, Columbia and Rest of South America) 4.5.Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of MEA) 5.Geospatial Analytics Market, By Component 5.1.Introduction 5.2.Global Geospatial Analytics Revenue and Market Share by Component (2014-2018) 5.3.Software & Solutions 5.4.Services To be Continued...

Regional Outlook and Trend Analysis: North America is assessed to be the biggest market for geospatial analytics over the forecast period. The development of the geospatial analytics market in North America is essentially driven by the high usage of most recent technologies, for example, distributed computing, huge information, Internet of Things (IoT), Artificial Intelligence (AI), and business intelligence tools.

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