Geospatial Analysis Market Worth $ 107.8 Billion By 2026



CHICAGO, June 30, 2021 / PRNewswire / – According to New Market Research Report Geospatial Analysis Market by component, solution (geocoding and reverse geocoding and thematic mapping and spatial analysis), service, type, technology, mode of deployment, organization size, application, vertical and region – Global forecasts until 2026 “, published by MarketsandMarkets â„¢, the size of the geospatial analysis market is expected to increase from $ 59.5 billion in 2021 to $ 107.8 billion by 2026, at a compound annual growth rate (CAGR) of 12.6% over the forecast period.

The main factors driving the growth of the geospatial analysis market include the increasing number of GIS solutions based on AI and ML, the development of smart cities and urbanization, the advancement of the big data analysis and increased deployment of IoT sensors across locations.

Browse the table of contents in depth onGeospatial Analysis Market

379 – The tables
55 – The figures
344– Pages

Download the PDF brochure:

Solution based, geocoding and reverse geocoding to dominate the market during the forecast period

The geocoding and reverse geocoding solutions segment is expected to dominate the geospatial analysis market during the forecast period. The Geocoding and Reverse Geocoding solution helps businesses across all verticals map coverage, acquire new customers, and identify competitors to determine key target areas for promotional activity. The growing need to perform risk assessments using exact location information to perform accurate analysis during natural disasters, such as earthquakes and floods, leads to the adoption of the geocoding and geocoding solution. reversed in the geospatial analysis market.

Based on the automotive vertical segment, it is expected to grow at the highest CAGR during the forecast period

Automotive players can use geospatial data to estimate local demand for automotive vehicles. By mapping the distribution of existing and potential customers, automakers can effectively market and deliver motor vehicles. The need to analyze local demand for motor vehicles is driving the demand for geospatial analysis in the automotive industry.

Request sample pages:

North America hold the highest market size during the forecast period

North America is one of the most important regions of Geospatial Analysis Market. The demand for real-time information and location-based services is expected to increase in the coming years, owing to the increased adoption of mobile GIS technologies which will positively impact the geospatial analysis market. in this region. In addition, the presence of leading companies such as Trimble (US), L3Harris (US), Bentley Systems (US), ESRI (US) and Maxar Technologies (US) in this region is expected to propel the growth of geospatial analysis. Market in this region.

ESRI (United States), Google (United States), (United States), Oracle (United States), Precisely (United States) and SAP (Germany) are the major players in the geospatial analysis market.

Browse adjacent markets: Analytical market research reports and advice

Associated reports:

Geospatial Image Analysis Market by type (image analysis, video analysis), collection medium (satellites, UAVS and GIS), application, mode of deployment, size of organization, sector of activity and region – Global forecasts until 2025

Location Services (LBS) and Real-Time Positioning Systems (RTLS) Market by Component (Platform, Services & Hardware), Location Type (Indoor & Outdoor), Application, Vertical, Region – Global Forecast to 2025

About MarketsandMarkets â„¢

MarketsandMarkets â„¢ provides quantified B2B research on 30,000 high growth niche opportunities / threats that will impact 70-80% of business revenues globally. Currently serving 7,500 clients worldwide, including 80% of global Fortune 1000 companies as clients. Almost 75,000 senior executives from eight industries around the world approach MarketsandMarkets â„¢ for their issues related to revenue decisions.

Our 850 full-time analysts and SMEs at MarketsandMarkets â„¢ monitor high-growth global markets according to the Growth Engagement Model – GEM. The GEM aims to proactively collaborate with clients to identify new opportunities, identify the most important clients, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets â„¢ now offers 1,500 MicroQuadrants (positioning the best players among leaders, emerging companies, innovators, strategic players) each year in emerging high growth segments. MarketsandMarkets â„¢ is committed to benefiting over 10,000 businesses this year with revenue planning and helping them bring their innovations / disruptions to market quickly by providing them with cutting edge research.

MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for a deeper understanding of unmet information as well as market size and forecasts of niche markets.

Mr. Ashish Mehra
Markets and Markets â„¢ INC.
630 Dundee Road
Office 430
Northbrook, Illinois 60062
United States: + 1-888-600-6441
E-mail: [email protected]
Research overview:
Visit our website:
Source of content:

SOURCE Markets and Markets


Leave A Reply

Your email address will not be published.