Potential for future growth in the global geospatial market through 2030 through low cost services enhanced by new integrated domain knowledge solutions



DUBLIN, 22 October 2021 / PRNewswire / – The “Global Geospatial Market Growth Opportunities 2020-2030” report has been added to ResearchAndMarkets.com offer.

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This research service covers the assessment of global geospatial market opportunities across 20 applications, which are agriculture, automotive, aviation, banking and insurance, civil government / infrastructure, defense, disaster management, energy, forestry, health, IoT, location services, logistics, maritime, operations / asset management, rail, security, telecommunications, natural resource monitoring and weather forecasting.

The study covers the landscape of the global geospatial industry as well as the market forecast for the period 2020 to 2030. The revenue estimation is done on the basis of a top-down approach with only the estimated revenue of the headquartered companies. social is taken for analysis. This study includes 7 regional forecast analyzes and 20 application forecast analyzes.

The research service deals with:

The major developments and trends driving the growth of the geospatial market are:

  • New products and developments, such as new services, navigation services and connectivity services, location-based services, UAVs used for field services, end-to-end services.

  • Data services, such as new Earth observation and remote sensing satellite data services, UAV data services.

  • The demand for high resolution data services at an affordable price.

  • Increase public spending on near real-time services in various applications, such as smart cities, defense, civil, maritime infrastructure, weather monitoring, land use and natural resource monitoring.

  • Advanced data analysis solutions, such as AI, ML, image processing and advanced sensors are used to provide end-to-end services at low cost.

  • As UAV services can provide cost-effective services, the demand for data and UAV services in various applications, such as mining, transportation, logistics, agriculture, disaster management and applications health will increase dramatically in the future.

  • Digital transformation and automation are driving the growth of the global geospatial market.

  • The demand for big data services for storing large volumes of data with a secure platform is increasing.

  • The demand for LIDAR-based technology services to obtain accurate 3D imaging and 3D mapping data is also increasing.

  • More and more start-ups are entering the geospatial market. From 2011 to 2020, 49.7% of companies were working in the geospatial market. During the period 2011-2020, 295 new companies entered the geospatial market. This is a positive indication that more new start-ups have started investing money in developing new solutions / services. In the future, more geospatial start-ups are expected to enter the market.

Main topics covered:

1. Strategic imperatives
2. Analysis of growth opportunities
3. Defense
4. Monitoring of natural remedies
5. Agriculture
6. Energy
7. Location-based services
8. Maritime
9. Disaster management
10. Aeronautics
11. Weather forecast
12. Operations / Asset management
13. Railway
14. Logistics
15. Internet of Things (IoT)
16. Telecommunications
17. Forestry
18. Banking & Insurance
19. Civil government / Infrastructure
20. Automobile
21. Security
22. Health
23. Universe of growth opportunities

  • Growth Opportunity 1: Real-Time Services for Government / Business Needs, 2020

  • Growth Opportunity 2: Growing Demand for LIDAR Based Services for 3D Mapping, 2020

  • Growth Opportunity 3: Data Analytics Solutions Used for End-to-End Services, 2020

Companies mentioned

  • Airbus

  • DJI

  • Eagle View

  • Earth I

  • Esri

  • Geospatial Hexagon

  • Kongsberg Geospatial

  • Maxar Technologies

  • Pixalytics

  • Planet

  • RMSI

  • Taranis

  • Tomtom

For more information on this report, visit https://www.researchandmarkets.com/r/i9pgvj

Media contact:

Research and markets
Laura Wood, senior
[email protected]

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SOURCE Research and Markets



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