United States Geospatial Analytics Market By Component (Solution, Service), By Deployment Mode (On-Premises, Cloud), By Type (Surface & Field Analytics, Network & Location Analytics, Geo-visualization), By Application (Surveying, Medicine & Public Safety, Disaster Risk Reduction & Management, Climate Change Adaptation, Others), By End User Industry (Automotive, Utility & Communication, Government,
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationUnited States Geospatial Analytics Market By Component (Solution, Service), By Deployment Mode (On-Premises, Cloud), By Type (Surface & Field Analytics, Network & Location Analytics, Geo-visualization), By Application (Surveying, Medicine & Public Safety, Disaster Risk Reduction & Management, Climate Change Adaptation, Others), By End User Industry (Automotive, Utility & Communication, Government,
| Forecast Period | 2023-2028 |
| Market Size (2022) | USD 18.87 Billion |
| CAGR (2023-2028) | 12.45% |
| Market Size (2028) | USD 38.46 Billion |
| Fastest Growing Segment | Cloud |
| Largest Market | South |
United States Geospatial Analytics Market
Geospatial analysis refers to a broad range of activities, emphasizes on applying various techniques to data and comprising of geospatial or space related characteristics. The Geographic Information System (GIS) collects geographic data, manages it for analysis, and then displays the refined geographic information for consumers to access. It has successfully integrated hardware, software, and data. It aids consumers in making decisions by making it simple and quick for them to absorb the facts. Cost saving with increased organizational effectiveness, improved decision-making, communication, and recordkeeping, and better control of geographic factors are all advantages
The market is witnessing growth due to the constantly increasing demand for capturing real-time geographical data from all sectors. Additionally, the increasing emphasis on digital adoption by the government and awareness of key benefits like increased convenience and cost-saving by adopting software for numerous organizations would further lead to significant growth in the adoption of geospatial analysis across the country.
Adoption of IoT and Sensors Technologies is Driving the Market in the Forecast Period
The massive adoption of Internet of Things (IoT) and smart sensors technologies in the business are enabled the growth of many products and services. Geospatial analytics solutions integrated with IoT, and sensors is one of the concepts that most of the industries are adopting as its aids in assessing the risk, and monitoring the remote assets
Increase in Demand for GIS Software in Smart Cities Development and Urban Planning
Real-time awareness sharing is essential for data-driven smart cities. Provide immediate helpful insights, the data is reviewed by a corporate GIS and shown on a map utilising data acquired from hundreds of IoT sensors. These data may be used to track the delivery of municipal services and to spot potential areas for local council service improvement. Local governments have also used location-based Internet of Things (IoT) data analysis to improve parks, increase safety, and foster innovation. As projects for smart cities are established, GIS technologies are employed to provide a universal location-enabled platform for use case research in smart city contexts. These include automated natural hazard monitoring with online GIS and SMS warnings, urban planning, intelligent transportation systems, disaster management SDI, and climate monitoring. The administration of construction projects and project operations, as well as site selection and land acquisition, planning, designing, and visualisation, are all made easier using GIS software in smart cities. Urban planning experts use GIS for analysis, modelling, and visualisations. Processing geospatial data via satellite imaging, aerial photography, and remote sensors provides users with a full perspective of the land and infrastructure. Throughout the projected period, the advantages of GIS drive the market's rise for geospatial analytics.
Growing Demand of GIS in Defence and Intelligence is Pushing the Market Growth
Historically, the defence and intelligence end-user’s verticals has been one of the forerunners, in terms of geospatial analytics adoption for gathering actionable intelligence from massive amount of imagery and other information. Geospatial intelligence represents the complete integration of a nation’s imagery and geospatial capabilities in support of defence and intelligence needs, helping in military bases facilitates maintenance, reducing base operation and maintenance costs, and improve mission effectiveness. Moreover, armed forces are utilizing GIS in a plenty of applications that consist of cartography, remote sensing, intelligence, terrain analysis, battlefield management, and observing potential terrorist activities to resolve conflicts, protect troops, assess risks, and gain information about enemy operations directly. This the demand in the sector is rapidly growing and anticipating the growth of United States Geospatial Analytics Market in the forecast period.
Market Segments
The United States Geospatial Analytics market is segmented into component, deployment mode, type, application, end user industry, and region. Based on component, the market is segmented into solution and service. Based on deployment mode, the market is divided into on-premises and cloud. Based on type, the market is separated into surface & field analytics, network & location analytics, and geo-visualization. Based on application, the market is segmented into surveying, medicine & public safety, disaster risk reduction & management, climate change adaptation, and others. Based on end user industry, the market is fragmented into automotive, energy & utilities, BFSI, agriculture, defense & intelligence, government, healthcare, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among West, North-East, Mid-West, and South.
Market Players
Major market players of
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | By Component By Deployment Mode By Type By Application By End User Industry By Region |
| Regional scope | West Region, North-East Region, Mid-West Region, South Region |
| Key companies profiled | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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