Geospatial Analytics Market by Component (Software & Solution, Service), Type (Surface & Field Analytics, Network & Location Analytics, Geovisualization), Application (Surveying, Medicine & Public Safety), Vertical, and Region - Global Forecast to 2023

The geospatial analytics market size is estimated to be USD 35.31 Billion in 2017 and is projected to reach USD 86.32 Billion by 2023, at a CAGR of 16.3% from 2018 to 2023. The base year considered for the study is 2017 and the forecast period is 2018–2023.

Objectives of the study:

• To define, describe, segment, and forecast the geospatial analytics market based on component, type, application, vertical, and region
• To analyze various macro and microeconomic factors that affect the growth of the market
• To forecast the size of market segments with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and Latin America
• To provide detailed information regarding major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market
• To strategically analyze each submarket with respect to individual growth trends, prospects, and contribution to the overall market
• To analyze opportunities in the market for stakeholders by identifying high-growth segments
• To profile key market players and provide comprehensive analysis based on their business overviews, product offerings, regional presence, business strategies, and key financials with the help of in-house statistical tools to understand the competitive landscape of the market
• To track and analyze competitive developments such as mergers & acquisitions, product developments, agreements, partnerships & collaborations, and Research & Development (R&D) activities undertaken by key players in the market

The research methodology used to estimate and forecast the size of the geospatial analytics market began with capturing data on key vendor revenues through secondary research. Secondary sources referred for this research study included annual reports, white papers, certified publications, and databases such as Factiva and However, press releases, and investor presentations of geospatial analytics solutions vendors, as well as articles from recognized industry associations, statistics bureaus, and government publishing sources. Vendor offerings were also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall size of the market by estimating revenues of key market players. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key individuals, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, and executives. Data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments.

The breakdown of profiles of primary participants is depicted in the figure below:

To know about the assumptions considered for the study, download the pdf brochure

The geospatial analytics market ecosystem includes key players, such Alteryx (US), DigitalGlobe (US), Fugro N.V. (Netherlands), Hexagon (Sweden), RMSI (India), SAP (Germany), Trimble Navigation (US), Maxar Technologies (Canada), MapLarge (US), Harris Corporation (US), Bentley Systems (US), ESRI (US), General Electric (US), Pitney Bowes (US), Oracle (US), and Google (US).

Key Target Audience

• Investors and Venture Capitalists
• Geospatial Analytics Companies
• Technology Service Providers
• Government & Research Organizations
• Association & Industry Bodies
• Cloud Service Providers
• Technology Consultants
• Value Added Resellers
• Satellite Service Providers

Scope of the Report

The research report categorizes the geospatial analytics market into the following segments and subsegments:

By Component

• Software & Solutions
• Services

By Type

• Surface & Field Analytics
• Network & Location Analytics
• Geovisualization
• Others

By Application

• Surveying
• Medicine & Public Safety
• Disaster Risk Reduction & Management
• Climate Change Adaptation
• Other

By Vertical

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

By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America

Available Customizations

Along with the given market data, MarketsandMarkets offers customization as per a company’s specific requirements. The following customization options are available for the report:

Geographic Analysis

• Further country-level breakdown of the North America geospatial analytics market
• Further country-level breakdown of the Europe market
• Further country-level breakdown of the Asia Pacific market
• Further country-level breakdown of the Middle East & Africa market
• Further country-level breakdown of the Latin America market

Company Information

• Detailed analysis and profiles of additional market players

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Market Segmentation
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Stakeholders

2 Research Methodology (Page No. - 19)
    2.1 Research Data
           2.1.1 Secondary Data
           2.1.2 Primary Data
                    2.1.2.1 Breakdown of Primaries
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
    2.3 Assumptions
    2.4 Limitations

3 Executive Summary (Page No. - 26)

4 Premium Insights (Page No. - 30)
    4.1 Attractive Opportunities in the Geospatial Analytics Market
    4.2 Market By Component
    4.3 Market Top Three Types
    4.4 Market By Application
    4.5 Market Top Three Verticals and Regions

5 Market Overview and Industry Trends (Page No. - 33)
    5.1 Market Overview
           5.1.1 Introduction
           5.1.2 Drivers
                    5.1.2.1 Increasing Penetration of Internet of Things (IoT)
                    5.1.2.2 Integration of Geospatial Technology With Mainstream Technologies
                    5.1.2.3 Advancements in Geospatial Analytics With the Introduction of Artificial Intelligence and Big Data Analytics
           5.1.3 Restraints
                    5.1.3.1 High Cost of Geospatial Analytics Solutions
                    5.1.3.2 Regulations and Legal Issues
           5.1.4 Opportunities
                    5.1.4.1 Increasing Use of Location-Based Services
                    5.1.4.2 Development of 4d Gis Software
           5.1.5 Challenges
                    5.1.5.1 Complexities Involved in Integration of Geospatial Data With Enterprise Solutions
    5.2 Industry Trends
           5.2.1 Introduction
           5.2.2 Geospatial Analytics: Case Studies
                    5.2.2.1 Case Study 1: Retail Company Increases Operational Productivity
                    5.2.2.2 Case Study 2: Healthcare Company Improves Perinatal Health Services
    5.3 Regulatory Implications
    5.4 Standards

6 Geospatial Analytics Market, By Component (Page No. - 40)
    6.1 Introduction
    6.2 Software & Solutions
    6.3 Services

7 Market By Type (Page No. - 45)
    7.1 Introduction
    7.2 Surface & Field Analytics
    7.3 Network & Location Analytics
    7.4 Geovisualization
    7.5 Others

8 Market By Application (Page No. - 51)
    8.1 Introduction
    8.2 Surveying
    8.3 Medicine & Public Safety
    8.4 Disaster Risk Reduction & Management
    8.5 Climate Change Adaptation
    8.6 Others

9 Geospatial Analytics Market, By Vertical (Page No. - 56)
    9.1 Introduction
    9.2 Business
    9.3 Automotive
    9.4 Utility & Communication
    9.5 Government
    9.6 Defense & Intelligence
    9.7 Natural Resources
    9.8 Others

10 Geospatial Analytics Market, By Region (Page No. - 64)
     10.1 Introduction
     10.2 North America
     10.3 Europe
     10.4 Asia Pacific
     10.5 Middle East & Africa
     10.6 Latin America

11 Competitive Landscape (Page No. - 91)
     11.1 Overview
     11.2 Competitive Situations and Trends
             11.2.1 New Product Launches/Product Enhancements
             11.2.2 Expansions
             11.2.3 Mergers & Acquisitions
             11.2.4 Agreements, Partnerships, and Collaborations
     11.3 Market Ranking, By Key Player

12 Company Profiles (Page No. - 100)
Business Overview, Products & Services Offered, Recent Developments, SWOT Analysis, MnM View
     12.1 ESRI
     12.2 Pitney Bowes
     12.3 Oracle
     12.4 SAP
     12.5 Alteryx
     12.6 Hexagon AB
     12.7 Digitalglobe
     12.8 Trimble
     12.9 Maxar Technologies
     12.10 Maplarge
     12.11 Harris Corporation
     12.12 Bentley Systems
     12.13 General Electric
     12.14 Google
     12.15 RMSI
     12.16 Fugro N.V.
     12.17 Key Innovators
             12.17.1 AAM Pty Ltd
             12.17.2 Tomtom International BV
             12.17.3 Critigen
             12.17.4 Orbital Insights
             12.17.5 Autodesk
             12.17.6 Descartes Labs
             12.17.7 Zillioninfo
             12.17.8 Geospin
             12.17.9 Mapidea

*Details Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 151)
     13.1 Industry Experts
     13.2 Discussion Guide
     13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.4 Introducing RT: Real-Time Market Intelligence
     13.5 Available Customizations
     13.6 Related Reports
     13.7 Author Details

List of Tables (84 Tables)

Table 1 Geospatial Analytics Market Size, By Component, 2016-2023 (USD Billion)
Table 2 Software & Solutions: Market Size, By Region, 2016–2023 (USD Billion)
Table 3 Services: Market Size, By Region, 2016–2023 (USD Billion)
Table 4 Geospatial Analytics Market, By Type, 2016-2023 (USD Billion)
Table 5 Surface & Field Analytics: Market, By Region, 2016-2023 (USD Billion)
Table 6 Network & Location Analytics: Market, By Region, 2016-2023 (USD Billion)
Table 7 Geovisualization: Market, By Region, 2016-2023 (USD Billion)
Table 8 Others: Market, By Region, 2016-2023 (USD Billion)
Table 9 Geospatial Analytics Market Size, By Application, 2016-2023 (USD Billion)
Table 10 Surveying: Market Size, By Region, 2016-2023 (USD Billion)
Table 11 Medicine & Public Safety: Market Size, By Region, 2016-2023 (USD Billion)
Table 12 Disaster Risk Reduction & Management: Market Size, By Region, 2016-2023 (USD Billion)
Table 13 Climate Change Adaptation: Market Size, By Region, 2016-2023 (USD Billion)
Table 14 Others: Market Size, By Region, 2016-2023 (USD Billion)
Table 15 Geospatial Analytics Market Size, By Vertical, 2016-2023 (USD Billion)
Table 16 Business: Market Size, By Region, 2016-2023 (USD Billion)
Table 17 Automotive: Market Size, By Region, 2016-2023 (USD Billion)
Table 18 Utility & Communication: Market Size, By Region, 2016-2023 (USD Billion)
Table 19 Government: Market Size, By Region, 2016-2023 (USD Billion)
Table 20 Defense & Intelligence: Market Size, By Region, 2016-2023 (USD Billion)
Table 21 Natural Resource: Market Size, By Region, 2016-2023 (USD Billion)
Table 22 Others: Market Size, By Region, 2016-2023 (USD Billion)
Table 23 Geospatial Analytics Market, By Region, 2016–2023 (USD Billion)
Table 24 North America: Market By Component, 2016–2023 (USD Billion)
Table 25 North America: Market By Type, 2016–2023 (USD Billion)
Table 26 North America: Market By Application, 2016–2023 (USD Billion)
Table 27 North America: Market By Vertical, 2016–2023 (USD Billion)
Table 28 North America: Market for Business Vertical, By Component, 2016–2023 (USD Billion)
Table 29 North America: Market for Automotive Vertical, By Component, 2016–2023 (USD Billion)
Table 30 North America: Market for Utility & Communication Vertical, By Component, 2016–2023 (USD Billion)
Table 31 North America: Market for Government Vertical, By Component, 2016–2023 (USD Billion)
Table 32 North America: Market for Defense & Intelligence Vertical, By Component, 2016–2023 (USD Billion)
Table 33 North America: Market for Natural Resource Vertical, By Component, 2016–2023 (USD Billion)
Table 34 North America: Market for Others Vertical, By Component, 2016–2023 (USD Billion)
Table 35 Europe: Geospatial Analytics Market, By Component, 2016–2023 (USD Billion)
Table 36 Europe: Market By Type, 2016–2023 (USD Billion)
Table 37 Europe: Market By Application, 2016–2023 (USD Billion)
Table 38 Europe: Market By Vertical, 2016–2023 (USD Billion)
Table 39 Europe: Market for Business Vertical, By Component, 2016–2023 (USD Billion)
Table 40 Europe: Market for Automotive Vertical, By Component, 2016–2023 (USD Billion)
Table 41 Europe: Market for Utility & Communication Vertical, By Component, 2016–2023 (USD Billion)
Table 42 Europe: Market for Government Vertical, By Component, 2016–2023 (USD Billion)
Table 43 Europe: Market for Defense & Intelligence Vertical, By Component, 2016–2023 (USD Billion)
Table 44 Europe: Market for Natural Resource Vertical, By Component, 2016–2023 (USD Billion)
Table 45 Europe: Market for Others Vertical, By Component, 2016–2023 (USD Billion)
Table 46 Asia Pacific: Geospatial Analytics Market, By Component, 2016–2023 (USD Billion)
Table 47 Asia Pacific: Market By Type, 2016–2023 (USD Billion)
Table 48 Asia Pacific: Market By Application, 2016–2023 (USD Billion)
Table 49 Asia Pacific: Market By Vertical, 2016–2023 (USD Billion)
Table 50 Asia Pacific: Market for Business Vertical, By Component, 2016–2023 (USD Billion)
Table 51 Asia Pacific: Market for Automotive Vertical, By Component, 2016–2023 (USD Billion)
Table 52 Asia Pacific: Market for Utility &Communication Vertical, By Component, 2016–2023 (USD Billion)
Table 53 Asia Pacific: Market for Government Vertical, By Component, 2016–2023 (USD Billion)
Table 54 Asia Pacific: Market for Defense & Intelligence Vertical, By Component, 2016–2023 (USD Billion)
Table 55 Asia Pacific: Market for Natural Resource Vertical, By Component, 2016–2023 (USD Billion)
Table 56 Asia Pacific: Market for Others Vertical, By Component, 2016–2023 (USD Billion)
Table 57 Middle East & Africa: Geospatial Analytics Market, By Component, 2016–2023 (USD Billion)
Table 58 Middle East & Africa: Market By Type, 2016–2023 (USD Billion)
Table 59 Middle East & Africa: Market By Application, 2016–2023 (USD Billion)
Table 60 Middle East & Africa: Market By Vertical, 2016–2023 (USD Billion)
Table 61 Middle East & Africa: Market for Business Vertical, By Component, 2016–2023 (USD Billion)
Table 62 Middle East & Africa: Market for Automotive Vertical, By Component, 2016–2023 (USD Billion)
Table 63 Middle East & Africa: Market for Utility & Communication Vertical, By Component, 2016–2023 (USD Billion)
Table 64 Middle East & Africa: Market for Government Vertical, By Component, 2016–2023 (USD Billion)
Table 65 Middle East & Africa: Market for Defense & Intelligence Vertical, By Component, 2016–2023 (USD Billion)
Table 66 Middle East & Africa: Market for Natural Resource Vertical, By Component, 2016–2023 (USD Billion)
Table 67 Middle East & Africa: Market for Others Vertical, By Component, 2016–2023 (USD Billion)
Table 68 Latin America: Geospatial Analytics Market, By Component, 2016–2023 (USD Billion)
Table 69 Latin America: Market By Type, 2016–2023 (USD Billion)
Table 70 Latin America: Market By Application, 2016–2023 (USD Billion)
Table 71 Latin America: Market By Vertical, 2016–2023 (USD Billion)
Table 72 Latin America: Market for Business Vertical, By Component, 2016–2023 (USD Billion)
Table 73 Latin America: Market for Automotive Vertical, By Component, 2016–2023 (USD Billion)
Table 74 Latin America: Market for Utility & Communication Vertical, By Component, 2016–2023 (USD Billion)
Table 75 Latin America: Market for Government Vertical, By Component, 2016–2023 (USD Billion)
Table 76 Latin America: Market for Defense & Intelligence Vertical, By Component, 2016–2023 (USD Billion)
Table 77 Latin America: Market for Natural Resource Vertical, By Component, 2016–2023 (USD Billion)
Table 78 Latin America: Market for Others Vertical, By Component, 2016–2023 (USD Billion)
Table 79 Market Evaluation Framework
Table 80 New Product Launches/Product Enhancements, 2015–2018
Table 81 Expansions, 2015–2018
Table 82 Mergers & Acquisitions, 2015–2018
Table 83 Agreements, Partnerships, Collaborations, 2015–2018
Table 84 Market Ranking for Geospatial Analytics Market, 2017

List of Figures (45 Figures)

Figure 1 Geospatial Analytics Market: Research Design
Figure 2 Data Triangulation
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Assumptions
Figure 6 Market By Component, 2018 & 2023
Figure 7 Market By Type, 2018 & 2023
Figure 8 Market By Application, 2018 & 2023
Figure 9 Market Shares of Top Three Verticals of the Market in 2018
Figure 10 Asia Pacific Geospatial Analytics Market is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Adoption of Internet of Things (IoT) Across Various Industries is Expected to Drive the Market
Figure 12 Software & Solutions Segment to Have the Largest Market Size During the Forecast Period
Figure 13 Surface & Field Analytics Segment to Have the Largest Market Share in 2018
Figure 14 Climate Change Adaption Segment is Projected to Grow at the Highest Rate During the Forecast Period
Figure 15 Business Segment to Have the Largest Share of the Geospatial Analytics Market in 2018
Figure 16 Market Drivers, Restraints, Opportunities, and Challenges
Figure 17 Geospatial Analytics Market: Value Chain
Figure 18 Software & Solutions Segment is Estimated to Lead the Geospatial Analytics During the Forecast Period
Figure 19 Network & Location Analytics Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 20 Surveying Segment Estimated to Hold the Largest Share of the Market in 2018
Figure 21 Business Segment Estimated to Hold the Largest Share of the Market During the Forecast Period
Figure 22 Regional Snapshot: Market in Asia Pacific is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 23 North America is Projected to Lead the Market From 2018 to 2023
Figure 24 North America Geospatial Analytics Market Snapshot
Figure 25 Asia Pacific Market Snapshot
Figure 26 Companies Adopted New Product Launches and Partnerships & Collaborations as the Key Growth Strategies During December 2014–February 2018
Figure 27 ESRI.: SWOT Analysis
Figure 28 Pitney Bowes: Company Snapshot
Figure 29 Pitney Bowes.: SWOT Analysis
Figure 30 Oracle: Company Snapshot
Figure 31 Oracle.: SWOT Analysis
Figure 32 SAP: Company Snapshot
Figure 33 Alteryx.: Company Snapshot
Figure 34 Alteryx: SWOT Analysis
Figure 35 Hexagon AB: Company Snapshot
Figure 36 Hexagon AB : SWOT Analysis
Figure 37 Digitalglobe : Company Snapshot
Figure 38 Trimble: Company Snapshot
Figure 39 Maxar Technologies .: Company Snapshot
Figure 40 Harris Corporation: Company Snapshot
Figure 41 General Electric: Company Snapshot
Figure 42 Google: Company Snapshot
Figure 43 Fugro N.V.: Company Snapshot
Figure 44 Tomtom International BV: Company Snapshot
Figure 45 Autodesk: Company Snapshot

The geospatial analytics market is expected to grow from USD 40.65 Billion in 2018 to USD 86.32 Billion by 2023, at a CAGR of 16.3% from 2018 to 2023. The global market is projected to witness a massive growth during the forecast period, majorly driven by the increasing penetration of Internet of Things (IoT), integration of geospatial technology with mainstream technologies, and significant advancements in geospatial analytics with the introduction of artificial intelligence and big data. With the introduction of artificial intelligence and big data in the market, geospatial analytics can provide better and less expensive geospatial data to organizations across the globe. These solutions also provide additional benefits such as the ability to serve on-demand analytics, increased accessibility and ability to analyze complex and large datasets, and analyzing multiple types of geospatial information through cloud-based geospatial analytics.

The global geospatial analytics market has been segmented by component, type, application, vertical, and region. The component segment includes software & solutions and services. The type segment includes surface & field analytics, network & location analytics, geovisualization, and others (geocomputation, agent-based modeling, artificial neural networks, evolutionary computing, map generalization, map abstraction, digital terrain analysis, map sheet). The application segment covers surveying, medicine & public safety, disaster risk reduction & management, climate change adaption, and others. The vertical segment covers business, automotive, utility & communication, government, defense & intelligence, natural resources, and others (sports, logistics, education, tourism, media & entertainment, travel and logistics. agriculture). The regions covered include North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Based on component, the geospatial analytics market has been segmented into software & solutions and services. The software & solutions segment is expected to hold a larger market share in 2018. The adoption of geospatial software & solutions by enterprises is primarily to acquire location-based business intelligence for informed decision-making.

Based on type, the geospatial analytics market has been segmented into surface & field analytics, network & location analytics, geovisualization, and others. The surface & field analytics segment is expected to hold the largest market share in 2018. This is attributed to the increasing adoption of surface & field analytics solutions by the enterprises in almost every industry vertical to facilitate strategic decisions. These analytics are majorly used in infrastructure development to determine the flow of water on the earth surface to plan and design drainage systems, and in the agriculture industry to understand topsoil erosion.

Based on application, the geospatial analytics market has been segmented into surveying, medicine & public safety, disaster risk reduction & management, climate change adaption, and others. The climate change adaption segment is projected to grow at the highest CAGR during the forecast period. Geospatial technologies help users understand how climate change may impact human lives, cities, food supplies, etc. This, in turn, increases the overall productivity, streamlines workflows, and enables the concerned authorities to make well-informed decisions.

Based on vertical, the automotive segment is projected to grow at the highest CAGR during the forecast period, as the geospatial technologies are being largely used in the automotive vertical to identify vehicle location and manage traffic at highways. The use of geospatial technologies in the automotive industry globally is witnessing high growth owing to the growing safety concerns among passengers, due to which governments across several regions have mandated the use of GIS and GPS technology in vehicles.

North America is estimated to be the largest market for geospatial analytics in 2017. The growth of the geospatial analytics market in North America is primarily driven by the high adoption of latest technologies such as cloud computing, big data, Internet of Things (IoT), Artificial Intelligence (AI), and business intelligence tools. The presence of key market players such as Alteryx (US), DigitalGlobe (US), Trimble Navigation (US), Harris Corporation (US), ESRI (US), Pitney Bowes (US), and Google (US) in this region is also a major factor driving the growth of the market in the region.

A key restraining factors impacting the growth of the geospatial analytics market is the high cost of geospatial analytics solutions. The development of geospatial analytics solutions for acquiring real-time data increases the complexity of the GIS software. High complexities involved in the development of GIS software and real-time data collection result in high cost of software. Due to this, companies with limited financial resources are not able to invest in commercial geospatial solutions. The implementation of geospatial analytics solutions requires high initial investment, thereby resulting in a lower rate of adoption in small and medium-sized companies.

Key players operating in the geospatial analytics market include Alteryx (US), DigitalGlobe (US), Fugro N.V. (Netherlands), Hexagon (Sweden), RMSI (India), SAP (Germany), Trimble Navigation (US), Maxar Technologies (Canada), MapLarge (US), Harris Corporation (US), Bentley Systems. (US), ESRI (US), General Electric (US), Pitney Bowes (US), Oracle (US), and Google (US). These companies focus on the adoption of various growth strategies such as new product launches, product enhancements, agreements, partnerships, and collaborations to strengthen their position in the market.

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