Translate
Previous
Source: businesswire | Published on: Thursday, 13 March 2025
DUBLIN--(BUSINESS WIRE)--The "Geospatial Analytics Market by Software Type (Geocoding, Thematic Mapping, ETL, Spatial Data), Technology (Sensors, LiDAR, Radar, GPR, EML, GNSS, GIS, ML), Data Type (Raster Data, Vector Data, 3D Data, Tabular Data), & Vertical - Global Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.
The geospatial analytics market is projected to grow from USD 32.97 billion in 2024 to USD 55.75 billion by 2029, at a compound annual growth rate (CAGR) of 11.1%
The report would provide the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall geospatial analytics market and its subsegments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.
The market is anticipated to grow significantly due to several key factors. The increasing adoption of Location-Based Services (LBS) across industries, such as transportation, retail, and healthcare, is driving demand for real-time location intelligence. Advancements in spatial data processing technologies, including AI, IoT, and big data analytics, have enhanced the ability to analyze large-scale geospatial data efficiently.
Additionally, rising investments in smart cities and urban planning initiatives worldwide are fueling the need for geospatial tools to optimize infrastructure, resource management, and sustainable urban development, further propelling market growth.
Sensors and scanning segment is expected to hold the largest market share during the forecast period
Sensors and scanning technologies hold the largest market share in the geospatial analytics market, driven by advanced software solutions that process and analyze data collected from diverse sources like LiDAR, radar, and satellite imagery. These software tools enable real-time data integration, visualization, and analysis, transforming raw sensor inputs into actionable geospatial insights. Applications such as 3D mapping, terrain analysis, and infrastructure monitoring rely on these software capabilities to enhance precision and efficiency. The growing adoption of AI-powered processing and cloud-based platforms further strengthens the role of sensors and scanning software in addressing complex geospatial challenges across industries.
The location intelligence software type will have the fastest growth rate during the forecast period
Location intelligence is the fastest-growing software type in the geospatial analytics market, as organizations increasingly leverage spatial data to enhance decision-making and strategic planning. This software enables businesses to visualize, analyze, and interpret location-based insights, driving applications in customer analytics, supply chain optimization, and market segmentation. The rise of IoT devices, real-time tracking, and AI-driven analytics has amplified the adoption of location intelligence, making it essential for industries like retail, logistics, and urban development. Its ability to uncover hidden patterns and optimize operations fuels its rapid growth in the geospatial analytics market.
Asia Pacific's to witness rapid geospatial analytics growth fueled by innovation and emerging technologies, while North America leads in market size
The Asia Pacific region is the fastest-growing market for geospatial analytics, driven by rapid urbanization, government initiatives for smart cities, and the increasing adoption of location-based services across industries like agriculture, transportation, and infrastructure development. Emerging economies such as India, China, and Southeast Asian nations are investing heavily in geospatial technologies to support economic growth and sustainable development.
Whereas, North America continues to lead in terms of market share, owing to its advanced technological ecosystem, strong presence of key geospatial analytics providers, and widespread adoption in sectors like defense, real estate, and disaster management. This regional dynamic highlights Asia Pacific's emerging role as a growth hub while North America's maintains its dominance through innovation and established expertise.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 390 |
| Forecast Period | 2024 - 2029 |
| Estimated Market Value (USD) in 2024 | $32.97 Billion |
| Forecasted Market Value (USD) by 2029 | $55.75 Billion |
| Compound Annual Growth Rate | 11.1% |
| Regions Covered | Global |
Market Overview and Industry Trends
Case Study Analysis
Energy & Utility
Automotive & Transportation
Education
Healthcare & Life Sciences
Government
Real Estate & Construction
Drivers
Restraints
Opportunities
Challenges
Technology Analysis
Ecosystem Analysis
Geospatial Analytics Techniques
Stages in Geospatial Analytics
Business Models of Geospatial Analytics
Data Sources in Geospatial Analytics
Porter's Five Forces Analysis
Companies Featured
For more information about this report visit https://www.researchandmarkets.com/r/6v8hip
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
