The Geospatial Solutions Industry sales study offers a comprehensive analysis on diverse features including production capacities, Geospatial Solutions demand, product developments, sales revenue generation and Geospatial Solutions market outlook across the globe.
market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Geospatial Solutions market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments
Global demand for geospatial solutions was valued at US$ 322 Bn in 2021, and is projected to increase at a Y-o-Y growth rate of 15.8% to reach US$ 373 Bn by 2022-end. From 2022 to 2032, the geospatial solutions market is forecast to flourish at a 15.3% CAGR. By the end of the aforementioned forecast period, a valuation of US$ 1.4 Tn is anticipated for the market.
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The readability score of the Geospatial Solutions market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Geospatial Solutions market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Geospatial Solutions along with key stakeholders as well as emerging players associated with the manufacturing of product.
The Key trends Analysis of Extended Geospatial Solutions market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.
Key Companies Profiled
- HERE Technologies
- ESRI
- Hexagon AB
- Atkins PLC
- Pitney Bowes Inc.
- Topcon Positioning Systems Inc.
- DigitalGlobe Inc.
- General Electric Company
- Harris Corporation
- Google LLC
- Bentley
- Geospatial Corporation
Competitive Landscape
Prominent providers are focusing on offering remote sensing enabled technology innovations so as to unlock enhanced applications of key geospatial solutions. Furthermore, top ranking geospatial service providers are relying on collaborations, acquisitions and partnerships with existing players to widen their outreach. Some notable developments are as follows:
- In March 2022, ESRIgenerated new land cover maps based on geospatial solutions, demonstrating how Earth as a planet has transformed over the last 5 years. These maps were generated by combining AI and ML through satellite data, consisting of 26 pictures of every point on the planet throughout the year.
- In January 2022, world renowned transport solutions provider Scaniapartnered with HERE Technologies to power its next generation infotainment platform for its fleet of trucks globally, including China, Japan and South Korea. Scania is utilizing the HERE SDK’s mapping, routing and search functions that incorporate truck specific road information, vehicle regulations and points of interest.
Key Segments Covered in the Geospatial Solutions Industry Report
- By Technology :
- Geospatial Analytics Solutions
- GNSS & Positioning
- Scanning
- Earth Observation
- By Solution Type :
- Geospatial Hardware
- Geospatial Software
- Geospatial Services
- By End User :
- Utility
- Business
- Transportation
- Defence & Intelligence
- Infrastructural Development
- Natural Resource
- Other
- By Application :
- Surveying & Mapping
- Geovisualization
- Asset Management
- Planning & Analysis
- Other Applications
- By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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