Geospatial Analytics Market

ESRI (US) and Oracle (US) are leading players in Geospatial Analytics Market

The geospatial analytics market size is projected to grow from USD 59.5 billion in 2021 to USD 107.8 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 12.6% during the forecast period. The major factors driving the growth of the geospatial analytics market include the increasing number of AI and ML based GIS solutions, development of smart cities and urbanization, advancement in big data analytics, and increased deployment of IoT sensors across locations.

Major geospatial analytics vendors include Alteryx (US), Bentley Systems (US), CARTO (US), Descartes Labs (US), ESRI (US), Fugro (Netherlands), General Electric (US), Geospin (Germany), Google (US), Hexagon AB (Sweden), Mapidea (Portugal), MapLarge (US), Maxar Technologies (US), Oracle (US), Orbica (New Zealand), Orbital Insight (US), Precisely (US), RemOT Technologies (Spain), RMSI (India), SAP (Germany), Skymap Global (Singapore), Sparkgeo (Canada), TomTom (Netherlands), Trimble (US), Ubimo (US). These market players have adopted various growth strategies, such as partnerships, collaborations, acquisitions, and new product launches, from 2019 to 2021, which helped companies innovate their offerings and broaden their customer base.

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

ESRI (US) is one of the leading vendors in the geospatial analytics market. The company offers a wide range of solutions for geospatial analytics that includes such as GIS and mapping products, geo-enabled products, and location analytics products. The company focuses on the adoption of both the organic and inorganic growth strategies to enhance its position in the geospatial analytics market. For instance, in July 2020, Esri announced new additions to the ArcGIS platform at a virtual user conference. As part of the June 2020 ArcGIS online update, Esri added a new deployment option to ArcGIS Indoors and Space Planner (a new app template), and a number of other enhancements for ArcGIS Indoors mobile and ArcGIS Indoors in ArcGIS Pro. In April 2021, ESRI extended its partnership with SAP by announcing the certification and support for SAP’s database-as-a-service offering and key component of SAP Business Technology Platform, SAP HANA Cloud. With this capability, ESRI and SAP are accelerating customer adoption of cloud-based location intelligence platforms with a high-performance environment that scales to the largest enterprises.

Oracle (US) is another geospatial analytics solution and services provider across the globe. Oracle offers a wide range of solutions for geospatial analytics, which include the Oracle spatial and graph, Oracle analytics cloud, and Oracle Business Intelligence Enterprise Edition (OBIEE). The company majorly focuses on the organic growth strategies to improve its place in the geospatial analytics market. For instance, in December 2019, Oracle announced that the machine learning, and spatial and graph features of Oracle Database could be used for development and deployment purposes with all on-premises editions and Oracle Cloud Database Services. This enhances the benefits of Oracle’s multi-model converged architecture by supporting multiple data types, data models, algorithms, and workload types within a single database.

Related Reports:

Geospatial Analytics Market by Component, Solution (Geocoding and Reverse Geocoding and Thematic Mapping and Spatial Analytics), Service, Type, Technology, Deployment Mode, Organization Size, Application, Vertical, and Region - Global Forecast to 2026

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
TC 4091
RI Published ON
6/29/2021
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Geospatial Analytics Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved