Enjoy complimentary customisation on priority with our Enterprise License!
The geospatial analytics market size is forecast to increase by USD 178.6 billion, at a CAGR of 21.4% between 2024 and 2029.
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free Sample
The market continues to evolve, driven by the increasing demand for location-specific insights across various sectors. Urban planning relies on geospatial optimization and data enrichment to enhance city designs and improve infrastructure. Cloud-based geospatial solutions facilitate real-time data access, enabling location intelligence for public safety and resource management. Spatial data standards ensure interoperability among different systems, while geospatial software and data visualization tools provide valuable insights from satellite imagery and aerial photography. Geospatial services offer data integration, spatial data accuracy, and advanced analytics capabilities, including 3D visualization, route optimization, and data cleansing. Precision agriculture and environmental monitoring leverage geospatial data to optimize resource usage and monitor ecosystem health.
Infrastructure management and real estate industries rely on geospatial data for asset tracking and market analysis. Spatial statistics and disaster management applications help mitigate risks and respond effectively to crises. Geospatial data management and quality remain critical as the volume and complexity of data grow. Geospatial modeling and interoperability enable seamless data sharing and collaboration. Sensor networks and geospatial data acquisition technologies expand the reach of geospatial analytics, while AI-powered geospatial analytics offer new opportunities for predictive analysis and automation. The ongoing development of geospatial technologies and applications underscores the market's continuous dynamism, providing valuable insights and solutions for businesses and organizations worldwide.
The geospatial analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.
The gps segment is estimated to witness significant growth during the forecast period.
The market encompasses various applications and technologies, including geospatial optimization, data enrichment, location-based services (LBS), spatial data standards, public safety, geospatial software, resource management, location intelligence, geospatial data visualization, geospatial services, data integration, 3D visualization, satellite imagery, remote sensing, GIS platforms, spatial data infrastructure, aerial photography, route optimization, data cleansing, precision agriculture, spatial interpolation, geospatial databases, transportation planning, spatial data accuracy, spatial analysis, map projections, interactive maps, marketing analytics, data storytelling, geospatial interoperability, sensor networks, geospatial data acquisition, AI-powered geospatial analytics, urban planning, cloud-based geospatial solutions, geospatial data management, spatial data quality, geospatial modeling, environmental monitoring, infrastructure management, real estate, spatial statistics, and disaster management.
GPS, a satellite-based radio navigation system, holds significant market share in the geospatial analytics landscape. Operated by the US Space Force and owned by the US government, GPS is one of the global navigation satellite systems (GNSS) that provides geolocation and time information to GPS receivers worldwide. Other geospatial analytics technologies include LBS, which delivers location-specific information to users based on their current location, and remote sensing, which involves acquiring information about the Earth's surface and atmosphere through sensors. Geospatial optimization focuses on improving operational efficiency by analyzing spatial data, while data enrichment enhances the value of existing data through the addition of geospatial information.
Public safety applications of geospatial analytics include emergency response planning and disaster management. Geospatial software, such as GIS platforms, facilitates the management, analysis, and visualization of spatial data. Location intelligence, a critical aspect of geospatial analytics, involves deriving insights from location data to inform business decisions. Geospatial data visualization tools enable users to create interactive maps and 3D models to better understand complex spatial data. Data integration ensures that various data sources are consolidated and analyzed in a unified manner. Spatial data accuracy is essential for ensuring the reliability and effectiveness of geospatial analytics applications.
Spatial analysis involves examining patterns, trends, and relationships within spatial data to gain insights. Map projections, used to represent the Earth's spherical surface on a flat plane, facilitate the analysis of large-scale spatial data. Geospatial services offer consulting, implementation, and support for geospatial analytics projects. Data cleansing ensures the accuracy and consistency of spatial data. Precision agriculture utilizes geospatial analytics to optimize crop yields and reduce waste. Spatial interpolation, a geostatistical technique, estimates values at unsampled locations based on data from nearby sampling points. Geospatial databases store and manage large volumes of spatial data. Transportation planning applications of geospatial analytics include route optimization, traffic flow analysis, and public transit planning.
Environmental monitoring uses geospatial analytics to track and analyze environmental conditions, such as air quality and water resources. Infrastructure management applications include asset tracking, maintenance scheduling, and facility planning. Real estate applications of geospatial analytics involve property valuation, market analysis, and site selection. Spatial statistics provide insights into spatial data using statistical methods. Disaster management applications of geospatial analytics include emergency response planning, damage assessment, and recovery efforts. Geospatial interoperability, the ability for different systems to exchange and use geospatial data, is crucial for effective collaboration and data sharing. Sensor networks, which consist of geospatially distributed sensors, provide real-time data for various applications, including environmental monitoring and infrastructure management.
Geospatial data acquisition involves collecting data from various sources, such as satellite imagery, aerial photography, and ground sensors. AI-powered geospatial analytics applications include object detection, change detection, and anomaly detection. Urban planning applications of geospatial analytics include land use planning, transportation infrastructure planning, and public service provisioning. Cloud-based geospatial solutions offer scalability, flexibility, and cost savings compared to traditional on-premises solutions. Geospatial data management involves the collection, storage, processing, and dissemination of geospatial data. Ensuring spatial data quality is essential for maintaining the accuracy and reliability of geospatial analytics applications. Geospatial modeling involves creating digital representations of real-world phenomena for analysis and prediction.
In summary, the market comprises various applications and technologies that enable the collection, management, analysis, and visualization of spatial data to gain valuable insights and inform decision-making across various industries. GPS, LBS, remote sensing, geospatial optimization, data enrichment, location intelligence, geospatial software, spatial data visualization, geospatial services, data integration, 3D visualization, satellite imagery, remote sensing, GIS platforms, spatial data infrastructure, aerial photography, route optimization, data cleansing, precision agriculture, spatial interpolation, geospatial databases, transportation planning, spatial data accuracy, spatial analysis, map projections, interactive maps, marketing analytics, data storytelling, geospatial interoperability, sensor networks, geospatial data acquisition, AI-powered geospatial analytics, urban planning, cloud-based geospatial solutions, geospatial data management, spatial data quality, geospatial modeling, environmental monitoring, infrastructure management, real estate, spatial statistics, and disaster management are all integral components of this dynamic and evolving market.
The GPS segment was valued at USD 30.30 billion in 2019 and showed a gradual increase during the forecast period.
North America is estimated to contribute 33% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
The market is experiencing significant growth, driven by the integration of advanced technologies and industries' increasing demand for location-based insights. In North America, this market is currently leading the way due to its early adoption of Geographic Information Systems (GIS) solutions. The healthcare sector in the region, with its need for precise and high-level analytics, is a major contributor to the market's growth. Furthermore, the industrially advanced and technologically mature sectors in North America create a fertile ground for innovation, resulting in a faster rate of technology adoption. Geospatial optimization and data enrichment are essential components of this market, enabling businesses to make data-driven decisions based on location intelligence.
Spatial data standards ensure interoperability and accuracy, while satellite imagery and remote sensing provide valuable insights for various applications, including precision agriculture and environmental monitoring. Location-based services (LBS) and real-time data integration are revolutionizing industries, from transportation planning to disaster management. Cloud-based geospatial solutions and AI-powered geospatial analytics are the future, offering scalability, accessibility, and advanced capabilities. Urban planning, infrastructure management, and marketing analytics are some of the sectors benefiting from these advancements. Geospatial data management and quality are crucial for ensuring accurate and reliable insights, while geospatial modeling and spatial statistics provide valuable context and trends.
Sensor networks and geospatial data acquisition are essential for collecting and processing real-time data, enabling businesses to make informed decisions in various industries. The market is also addressing the challenges of spatial data accuracy and interoperability, ensuring seamless integration and analysis. Overall, the market is a dynamic and evolving landscape, with numerous applications and opportunities across various sectors.
Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The geospatial analytics market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the geospatial analytics market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, geospatial analytics market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.
Alteryx Inc. - This company specializes in geospatial analysis, providing advanced solutions through geocoding, heat maps, and street maps. Our technology enhances data visualization and location intelligence, enabling informed decision-making for various industries. By integrating geographic data with business information, we deliver valuable insights and actionable recommendations. Our offerings cater to diverse sectors, fostering operational efficiency and strategic growth.
The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Geospatial Analytics Market insights. See full methodology.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
263 |
|
Base year |
2024 |
|
Historic period |
2019-2023 |
|
Forecast period |
2025-2029 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 21.4% |
|
Market growth 2025-2029 |
USD 178.6 billion |
|
Market structure |
Fragmented |
|
YoY growth 2024-2025(%) |
17.4 |
|
Key countries |
US, Canada, UK, Germany, France, Italy, China, Brazil, Japan, and India |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
We can help! Our analysts can customize this geospatial analytics market research report to meet your requirements.
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Technology
9 Market Segmentation by End-user
10 Market Segmentation by Application
11 Market Segmentation by Type
12 Customer Landscape
13 Geographic Landscape
14 Drivers, Challenges, and Opportunity/Restraints
15 Competitive Landscape
16 Competitive Analysis
17 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
Get the report (PDF) sent to your email within minutes.
Complimentary full Excel data with your report purchase.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.