Geospatial Solution Trends and Forecast
The future of the global geospatial solution market looks promising with opportunities in the utility, defense & intelligence, transportation and logistic, infrastructural development, natural resource, and agriculture markets. The global geospatial solution market is expected to reach an estimated $897.2 billion by 2030 with a CAGR of 10.2% from 2024 to 2030. The major drivers for this market are growth in the use of geographic information systems (GIS) powered by artificial intelligence, usage of location-based services combined with geographic information systems has increased, as well as, development of 4D GIS software.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Geospatial Solution by Segment
The study includes a forecast for the global geospatial solution by technology, application, end use, and region.
Geospatial Solution Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Geospatial Analytics
• GNSS & Positioning
• Scanning
• Earth Observation
Geospatial Solution Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Surveying, Navigation & Mapping
• Geovisualization
• Asset Management
• Planning & Analysis
• Others
Geospatial Solution Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Utilities
• Defense and Intelligence
• Transportation and Logistics
• Infrastructural Development
• Natural Resources
• Agriculture
• Others
Geospatial Solution Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Geospatial Solution 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 geospatial solution companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the geospatial solution companies profiled in this report include-
• Apple
• Mappedin
• Oracle Corporation
• General Electric
• Living Map
• Uber Technologies
• Bentley Systems
• Microsoft Corporation
• Telenav
• Google
Geospatial Solution Market Insights
Lucintel forecasts that scanning is expected to witness the highest growth over the forecast period.
Within this market, transportation and logistic is expected to witness the highest growth.
North America will remain the largest region over the forecast period due to growth in the use of geospatial technologies in the transportation and defense industries, increase in defense industry investments and technological developments in the telecommunications sector.
Features of the Global Geospatial Solution Market
Market Size Estimates: Geospatial solution 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: Geospatial solution market size by technology, application, end use, and region in terms of value ($B).
Regional Analysis: Geospatial solution market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, application, end use, and regions for the geospatial solution market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the geospatial solution market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the geospatial solution market size?
Answer: The global geospatial solution market is expected to reach an estimated $897.2 billion by 2030.
Q2. What is the growth forecast for geospatial solution market?
Answer: The global geospatial solution market is expected to grow with a CAGR of 10.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the geospatial solution market?
Answer: The major drivers for this market are growth in the use of geographic information systems (GIS) powered by artificial intelligence, usage of location-based services combined with geographic information systems has increased, as well as, development of 4D GIS software.
Q4. What are the major segments for geospatial solution market?
Answer: The future of the geospatial solution market looks promising with opportunities in the utility, defense & intelligence, transportation and logistic, infrastructural development, natural resource, and agriculture markets.
Q5. Who are the key geospatial solution market companies?
Answer: Some of the key geospatial solution companies are as follows:
• Apple
• Mappedin
• Oracle Corporation
• General Electric
• Living Map
• Uber Technologies
• Bentley Systems
• Microsoft Corporation
• Telenav
• Google
Q6. Which geospatial solution market segment will be the largest in future?
Answer: Lucintel forecasts that scanning is expected to witness the highest growth over the forecast period.
Q7. In geospatial solution 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 growth in the use of geospatial technologies in the transportation and defense industries, increase in defense industry investments and technological developments in the telecommunications sector.
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 geospatial solution market by technology (geospatial analytics, GNSS & positioning, scanning, and earth observation), application (surveying, navigation & mapping, geovisualization, asset management, planning & analysis, and others), end use (utilities, defense and intelligence, transportation and logistics, infrastructural development, natural resources, agriculture, and others), 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 Geospatial Solution Market, Geospatial Solution Market Size, Geospatial Solution Market Growth, Geospatial Solution Market Analysis, Geospatial Solution Market Report, Geospatial Solution Market Share, Geospatial Solution Market Trends, Geospatial Solution Market Forecast, Geospatial Solution Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.