Final Report will add the analysis of the impact of COVID-19 on this industry.
The report titled Geospatial Analytics Market has recently added by MarketIntelligenceData to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts.
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The geospatial analytics market was valued at USD 21.00 billion in 2019 and is expected to reach a value of USD 31.39 billion by 2025, at a CAGR of 7.2%, over the forecast period (2020 – 2025).
Top Companies operating in the Global Geospatial Analytics market profiled in the report:
– ESRI Inc.
– MDA Corporation
– Hexagon AB
– Trimble Geospatial
– Bentley Systems, Inc.
– Fugro NV
– Harris Corporation
– Atkins PLC
– General Electric (GE)
– Critigen LLC
Global Geospatial Analytics Market Split by Product Type and Applications:
Market Segment by Type, covers:
Other Types of Geospatial Analytics
Market Segment by Applications, covers:
Disaster Risk Reduction and Management
Medicine and Public Safety
Climate Change Adaption
Other Geospatial Analytics Applications
Regional Analysis For Geospatial Analytics Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Key Market Trends
Defense and Intelligence has Seen the Maximum Application in Geospatial Analytics Market
– Historically, the defense and intelligence end-user vertical has been one of the forerunners, in terms of geospatial analytics adoption for gathering actionable intelligence from massive amounts of imagery and other data.
– NATO, for its peacekeeping and security missions, need fast and easy access to accurate and up-to-date geographic information. Data, thus available, is analyzed to evaluate terrains, ship, and other vessels navigation and logistics management
– Companies operating in this space are involved in M&A activity to develop highly specialized solutions, capable of handling strategic decisions. Since October 2017, there have been seven acquisitions within geospatial analytics and geographic information system companies. DigitalGlobe, a provider of high-resolution optical satellite imagery, was acquired by MacDonald, Dettwiler and Associates (MDAs) for a whopping USD 3.5 billion.
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Influence of the Geospatial Analytics Market Report:
-Comprehensive assessment of all opportunities and risk in the Geospatial Analytics market.
-Geospatial Analytics market recent innovations and major events.
-Detailed study of business strategies for growth of the Geospatial Analytics market-leading players.
-Conclusive study about the growth plot of Geospatial Analytics market for forthcoming years.
-In-depth understanding of Geospatial Analytics market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Geospatial Analytics market.
Geospatial Analytics Market report includes the estimation of market size for value (million USD) and volume (M Sqm). Both Top-down and bottom-up approaches have been used to estimate and validate the market size of Geospatial Analytics Market, to estimate the size of various other dependent submarkets in the overall market.
Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
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How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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