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Research on Geospatial Analytics Market - Technology, Application, Vertical (2016 to 2020)

The global geospatial analytics market is segmented on the basis of type into surface analysis, network analysis, geovisualization, and others. The data gathered has a geographical or geospatial aspect, which is being collected from different sources, which is then processed, and later interpreted into varied data sets. Surface analysis technique is used in almost every industry to take strategic decisions by using the surface geographic information. The surface analysis segment of the market is estimated to show considerable growth in all the regions during the forecast period.

Complete report on Geospatial Analytics Market spread across 160 Pages, Profiling 10 Top Companies and Supported with 84 Tables and 70 Figures is now available at http://www.reportsnreports.com/reports/481961-geospatial-analytics-market-by-type-surface-analysis-network-analysis-geovisualization-technology-application-vertical-region-europe-north-america-asia-pacific-middle-east-africa-latin-america-global-forecast-to-2020.html .

The global geospatial analytics market was valued at USD 27.42billion in 2015 and is projected to reach USD 72.21 billion by 2020, at a CAGR of 21.4% from 2015 to 2020. The market is driven by factors, such as convergence and integration, need for security and safety, and commoditization of geospatial information.


“The remote sensing technology segment dominated the overall geospatial analytics market in 2015”


The remote sensing segment market in North America is witnessing exponential growth due to various governmental bodies in the region, such as the U.S. Geological Survey (USGS) and the American Society for Photogrammetry and Remote Sensing (ASPRS), fostering the use of remote sensing to meet local, national, and global challenges. Globally, the remote sensing technology market is growing, with the technology’s application penetrating various industries and sectors, such as agriculture, real estate, construction, healthcare, retail, and so on.


“Geospatial analytics market growing significantly due to developments in several trends in GIS technology“


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In 2015, Europe holds the largest share in the global geospatial analytics market. Factors driving the European market are security and safety, and high demand for implementing geospatial services to gather real time information. The large market share is mainly attributed to huge investments made in the field of geospatial analytics by key players in European countries. Major market players in this region, such as Intergraph Corporation, Trimble Navigation Limited, and Hexagon AB, have approximately 30% to 40% operations in the European geospatial analytics market. The Asia-Pacific region is expected to register the highest CAGR during the forecast period. Asia-Pacific has been considered to be the emerging region in terms of adoption of geospatial services.

The various key market vendors and service providers profiled in the report are as follows:


Trimble Navigation limited, General Electric, MDA Corporation, Bentley Systems, Inc., ESRI, RMSI, Hexagon AB, Fugro N.V.,   Harris Corporation, WS Atkins PLC


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Geospatial Analytics Market Report is Useful for Following Target Audience

  • Software and Solution Providers
  • System Integrators
  • Geospatial Analytics Companies
  • Technology Service Providers
  • Traders, Distributors, and Suppliers
  • Government & Research Organizations
  • Association & Industry Bodies
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The report will help market leaders/new entrants/end users in this market in the following ways:

·         The report provides deep analysis and comprehensive view of the overall market and closest approximation about global numbers and segmentation across types, technologies, applications, verticals, and regions.

·         The report provides analysis about strategies followed by top players to grab more geospatial analytics market share, and insights to understand market dynamics comprising key market drivers, restraints, challenges, and opportunities.

·         The report will help various stakeholders to understand competitive landscape, products & services offered, recent developments, new product launches, contracts/ agreements, and mergers & acquisitions taking place in the market space.

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