Defense Geospatial Trends and Forecast
The future of the global defense geospatial market looks promising with opportunities in the military logistics, intelligence gathering, and battlefield management markets. The global defense geospatial market is expected to reach an estimated $225.8 billion by 2030 with a CAGR of 10.4% from 2024 to 2030. The major drivers for this market are rise in the need for monitoring and reconnaissance, greater degree of geospatial system interaction with other systems, as well as, emphasis on integrating product innovation and artificial intelligence with geospatial systems to leverage AR and VR in defense.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Defense Geospatial by Segment
The study includes a forecast for the global defense geospatial by type, technology, application, and region.
Defense Geospatial Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Surface Analysis
• Network Analysis
• Geo Visualization
Defense Geospatial Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Geographic Information System
• Global Positioning System
• Remote Sensing
Defense Geospatial Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Military Logistics
• Intelligence Gathering
• Battlefield Management
Defense Geospatial Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Defense Geospatial Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies defense geospatial companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the defense geospatial companies profiled in this report include-
• Maxar Technologies
• TerraGo
• Orbital Insights
• BlackSky
• NV5 Global
• Esri
• Trimble
• MapLarge
• Airbus
• Hexagon
Defense Geospatial Market Insights
Lucintel forecasts that surface analysis will remain the largest segment over the forecast period.
Within this market, intelligence gathering will remain the largest segment.
North America will remain the largest region over the forecast period due to key geospatial firms operating in the area.
Features of the Global Defense Geospatial Market
Market Size Estimates: Defense geospatial market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Defense geospatial market size by type, technology, application, and region in terms of value ($B).
Regional Analysis: Defense geospatial market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, technology, application, and regions for the defense geospatial market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the defense geospatial market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the defense geospatial market size?
Answer: The global defense geospatial market is expected to reach an estimated $225.8 billion by 2030.
Q2. What is the growth forecast for defense geospatial market?
Answer: The global defense geospatial market is expected to grow with a CAGR of 10.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the defense geospatial market?
Answer: The major drivers for this market are rise in the need for monitoring and reconnaissance, greater degree of geospatial system interaction with other systems, as well as, emphasis on integrating product innovation and artificial intelligence with geospatial systems to leverage AR and VR in defense.
Q4. What are the major segments for defense geospatial market?
Answer: The future of the global defense geospatial market looks promising with opportunities in the military logistics, intelligence gathering, and battlefield management markets.
Q5. Who are the key defense geospatial market companies?
Answer: Some of the key defense geospatial companies are as follows:
• Maxar Technologies
• TerraGo
• Orbital Insights
• BlackSky
• NV5 Global
• Esri
• Trimble
• MapLarge
• Airbus
• Hexagon
Q6. Which defense geospatial market segment will be the largest in future?
Answer: Lucintel forecasts that surface analysis will remain the largest segment over the forecast period.
Q7. In defense geospatial market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to key geospatial firms operating in the area.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the defense geospatial market by type (surface analysis, network analysis, and geo visualization), technology (geographic information system, global positioning system, and remote sensing), application (military logistics, intelligence gathering, and battlefield management), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Defense Geospatial Market, Defense Geospatial Market Size, Defense Geospatial Market Growth, Defense Geospatial Market Analysis, Defense Geospatial Market Report, Defense Geospatial Market Share, Defense Geospatial Market Trends, Defense Geospatial Market Forecast, Defense Geospatial Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.