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Global Geospatial Analytics Market Report

  • Report Code: IQ1263
  • Published Date: November, 2022
  • Pages: 102

Industry Overview

The Geospatial Analytics market was valued at $65,430.2 Million in 2022, and is projected to reach $227,274.0 Million by 2032 growing at a CAGR of 13.32% from 2023 to 2032.The geospatial analytics market is driven by a number of factors, including the increasing availability of geospatial data, advances in geospatial technologies, and the growing demand for location-based services. Some of the key opportunities in the market include the use of geospatial analytics in smart cities, the integration of geospatial analytics with the Internet of Things (IoT), and the increasing use of geospatial analytics in the defense and intelligence sector. Some of the trends in the market include the growing use of 3D geospatial data, the increasing adoption of cloud-based geospatial analytics platforms, and the use of machine learning and artificial intelligence in geospatial analytics. There are several companies that are leading the way in the geospatial analytics market. These include: Esri: Esri is a leader in the geospatial analytics market, offering a range of products and services for mapping, analysis, and data management. Google: Google is a major player in the geospatial analytics market through its Google Maps and Google Earth platforms, which are widely used for mapping, navigation, and location-based services. HERE Technologies: HERE Technologies is a leading provider of location data and services, including geospatial analytics, for a range of industries. Hexagon: Hexagon is a global leader in geospatial technologies, offering a range of products and services for mapping, surveying, and geospatial analytics. Maptek: Maptek is a leading provider of geospatial analytics and software for the mining and resources sector. In recent years, these companies have made a number of significant developments in the geospatial analytics market. For example, Esri has released a number of new products and updates to its ArcGIS platform, including the ArcGIS Urban extension for analyzing and planning urban environments. Google has released new features for its Google Maps and Google Earth platforms, including the ability to view 3D maps and virtual tours of certain locations. HERE Technologies has expanded its location data and services to a number of new industries, including transportation and logistics. Hexagon has acquired a number of smaller geospatial companies in order to expand its product and service offerings. Maptek has released a number of new products and updates to its geospatial analytics software for the mining and resources sector.

 

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