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Geospatial Analytics Market 2019 Significant Growth Rate by Industry Size, Share, Market Dynamics, Development Status of Key Players Forecast to 2024

Geospatial

The “Geospatial Analytics Market” research report 2019 delivers comprehensive information about the market ranging from the establishment to the predictable growth trend. Geospatial Analytics market report provides brief analytical data of the market contenders globally using advanced methodological approaches, such as SWOT analysis, production chain, cost, sales margin, financial details, recent developments. Geospatial Analytics market report also offers market competitors that includes detailed company profiles along with company product specifications.

Market Overview:

  • The geospatial analytics market is expected to reach USD 111.12 billion by 2024, at a CAGR of 18.33% during the forecast period (2019 – 2024).
  • – Geospatial analysis refers to a broad range of activities, which emphasize on applying various techniques to data, comprising of geographical or space-related characteristics.
  • – Some of the key factors driving the growth of the geospatial analytics market include the growing use of GPS devices, technological advancements in the field of GIS technology, recent trends in integration and convergence of geospatial technologies, advent of new business models aimed at leveraging the demand for geospatial information, and increased application of geospatial analytics in city and town planning.
  • – There have been recent developments leading to the convergence of geospatial practices. For instance, Kongsberg Geospatial, an Ottawa-based developer of real-time, mission-critical, geospatial visualization software, and CarteNav Solutions, a leading provider of situational awareness solutions for the maritime, land, and air environments, recently declared that their TerraLens platform was selected by CarteNav to provide geospatial capabilities for its new generation of CarteNav’s mission system software called AIMS.
  • – There are also high costs and operational concerns. However, geospatial analytics tools are further leveraging the strengths of machine learning models, for making informed predictions and unlocking key patterns, among the real-world problems.

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    In Geospatial Analytics Market Report, Following Companies Are Covered:

  • ESRI Inc.
  • MDA Corporation
  • Hexagon AB
  • Trimble Geospatial
  • Bentley Systems, Inc.
  • Fugro NV
  • Harris Corporation
  • Atkins PLC
  • General Electric (GE)
  • Critigen LLC

    Geospatial Analytics Market 2019 report will help the industry aspirants in arranging their strategies. The measurements offered in this report will be an exact and helpful manual to shape the business development. Additionally, will Provide historical data along with a future forecast and detailed analysis and also expected opportunities.

    Scope of the Report:

  • The geospatial analysis uses this data to build infrastructure, graphs and blueprints, statistics, and cartograms, making complex relationships understandable. It collects information, display of images, geographical coordinates, etc. It is used in monitoring the climate and weather, helps retail stores in planning their logistics transportation, human population forecasting, and others.

    Reasons for Buying Geospatial Analytics Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    Business Segment has Seen the Maximum Application in Geospatial Analytics Market

    – With the increase in global urbanization, there is a rising investment in infrastructure and construction. The growth of the industry is further fueled by the adoption of technology.
    – Geospatial technology and building information modeling (BIM) are used to intelligently model urban infrastructure and construction projects.
    – Geospatial analytics has also found its application in the retail business sector. While making business plans to develop the retailer’s business, attaching a geographical segment to track customer sentiment makes a lot of difference.
    – Real-time analysis is conducted on location-stamped and time-stamped consumer data. With the help of implementation of geospatial technology, retailers can answer many questions, such as demographics of people going past their location, competitor store analysis, customer interest in competitor stores, and others.
    – Geospatial technology also helps logistics drivers visualize garage locations and various fueling stations nearby.
    – Asset-based intelligence systems are adopted by transportation and logistics companies, which operate with large networks of assets to constantly try to maximize the use of those assets.

    Europe to Have the Highest Growth in Geospatial Analytics Market

    – The geospatial analytics industry is booming because industries have been moving toward Big Data analytics exponentially in the European region. More and more industries have started implementing this in their businesses.
    – There is a high demand for GIS and GPS technologies in the European industry for monitoring and tracking, location mapping that enables real-time location tracking.
    – There is a high number of users with no expertise in geospatial analytics who are using this technology.
    – Industries like banking, insurance, and retail are non-geospatial in nature but are beginning to use geospatial technologies for their benefit.
    – Consumption-based business model and shared economic infrastructure model are coming more into focus as users like to pay for what they consume. Industry providers also like to make efficient use of value added through the cloud and open data to their service offerings that are becoming more solution centric.

    The Research Document Will Answer Following Questions Such as:

    • What are the cutting-edge technologies responsible for driving the growth of the market?
    • What are the main applications of the market? What are the growth prospects to the market applications into the market?
    • At what stage of development are the key market products?
    • What are the shortcomings that has to face to become commercially viable? Is their growth and commercialization dependent on cost declines or technological/application breakthroughs?
    • What is the outlook for the industry?
    • What difference does performance characteristics of Geospatial Analytics create from those of established entities?

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    Detailed TOC of Geospatial Analytics Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Convergence of Geospatial Practices
    4.3.2 Increased Adoption of Geospatial Services in Novel Applications
    4.3.3 Commoditization of Geospatial Information
    4.4 Market Restraints
    4.4.1 High Costs and Operational Concerns
    4.5 Value Chain / Supply Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Forces Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Type
    5.1.1 Surface Analysis
    5.1.2 Network Analysis
    5.1.3 Geovisualization
    5.1.4 Other Types of Geospatial Analytics
    5.2 By Technology
    5.2.1 Remote Sensing
    5.2.2 GPS
    5.2.3 GIS
    5.2.4 Other Geospatial Analytics Technologies
    5.3 By Application
    5.3.1 Surveying
    5.3.2 Disaster Risk Reduction and Management
    5.3.3 Medicine and Public Safety
    5.3.4 Climate Change Adaption
    5.3.5 Other Geospatial Analytics Applications
    5.4 By End-user Vertical
    5.4.1 Business
    5.4.2 Utility and Communication
    5.4.3 Defense and Intelligence
    5.4.4 Automotive
    5.4.5 Government
    5.4.6 Natural Resources
    5.4.7 Natural Resources
    5.5 Geography
    5.5.1 North America
    5.5.1.1 US
    5.5.1.2 Canada
    5.5.2 Europe
    5.5.2.1 UK
    5.5.2.2 Germany
    5.5.2.3 France
    5.5.2.4 Italy
    5.5.2.5 Spain
    5.5.2.6 Rest of Europe
    5.5.3 Asia-Pacific
    5.5.3.1 China
    5.5.3.2 India
    5.5.3.3 Japan
    5.5.3.4 Australia
    5.5.3.5 South Korea
    5.5.3.6 Rest of Asia-Pacific
    5.5.4 Latin America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Mexico
    5.5.4.4 Rest of Latin America
    5.5.5 Middle East & Africa
    5.5.5.1 UAE
    5.5.5.2 Saudi Arabia
    5.5.5.3 South Africa
    5.5.5.4 Egypt
    5.5.5.5 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 ESRI Inc.
    6.1.2 MDA Corporation
    6.1.3 Hexagon AB
    6.1.4 Trimble Geospatial
    6.1.5 Bentley Systems, Inc.
    6.1.6 Fugro NV
    6.1.7 Harris Corporation
    6.1.8 Atkins PLC
    6.1.9 General Electric (GE)
    6.1.10 Critigen LLC

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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