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Strategic Assessment of Worldwide Global Geospatial Analytics Industry – Forecast Till 2025 |The Insight Partners

Monday, March 6, 2017 21:55
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The “Global Geospatial Analytics Industry report categories the global Industry by Type, Technology, Application and Geography” report provides a detailed overview of the major factors impacting the global Industry with the Industry share analysis and revenues of various sub segments.

In past decade, the trends in navigation technology have reached new heights. Traditionally people had limited access to navigation technologies in daily life, however the trends have taken new shape and today smartphones, tablets, wearable’s etc. allow application of navigation. Individuals are enabled to share location, time and events data through cloud. In recent years the amount of data being exchanged is growing year on year. Organizations are using these data to further understand the interests and preferences of the consumers to offer more specified services.

Global Geospatial Analytics use this data and interpret used to build maps, graphs, and statistics which are further used by organization to understand the pattern of activities. Technologies such as mobile devices, location sensors, social media, and other platforms allow organization to collect the information or data. Global Geospatial Analytics offer solutions to organizations which help in anticipating and to formulate strategies for predicted changes in reference to dynamic spatial conditions or location based events.

According to CISCO`s report, in 2008 the number of connected devices crossed number people on the earth and it is also estimated by 2020 the number of connected devices will reach 50 billion. Fast growing trends in mobile devices and internet of everything will drive the Global Geospatial Analytics Industry positively in near future. Some of the key concerns of developing economies would include poor connectivity and as the data is collected in real-time congestion of connected devices in low bandwidth internet which may lead to false location results and analysis may fail to produce desired results.

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The Global Geospatial Analytics Industry is broadly classified into segments such as type, technology, application, end-users and geography. Key types of Global Geospatial Analytics include surface analytics, network analytics, geo-visualization and others. Technologies used in this Industry are further segmented as Remote Sensing, Global Positioning System (GPS), Geographical Information System (GIS), and Others. The application segment is further sub-segmented into Surveying,, Disaster Risk Reduction Management, Climate Change Adaptation, , Medicine and Public Safety and Others. The Global Geospatial Analytics Industry is also divided by geography and include regions such as North America, Europe, APAC, South America (SAM) and Middle East Africa (MEA).

North America being one of the leading hub for technologies, companies in this region are more focused on offering solution and services which are more inclined or associated to analytics and cloud computing next big thing which will drive the Industry of Global Geospatial Analytics market. While North America being one of the leading markets, APAC is the fasted growing Industry for analytics APAC is one of the key regions which include growing economies such as China, Japan, India, etc. hence this region is considered to be fastest growing and is estimated to gain major share of the Industry in near future.

Some of the key players in global surface computing Industry include Trimble Navigation Ltd., General Electric (GE), MDA Corporation, Bentley Systems, Inc., ESRI, RMSI, Hexagon AB, Fugro N.V., and Harris Corporation among others.

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Reason to buy

  • Highlights widely used product offerings thereby allowing organizations to gain revenues by focusing majorly on select products
  • The key findings and recommendations highlight crucial progressive industry trends in the Geospatial Analytics market, thereby allowing players across the value chain to develop effective long term strategies
  • Get reliable information about the strategies manufacturers in this Industry use to drive revenue
  • Gain insights into the competitive landscape, to strengthen Industry competitiveness and positioning
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global Industry trends and outlook coupled with the factors driving the market, as well as the those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
  • Examine the current and future impact of the five forces namely: bargaining power of suppliers, bargaining power of buyers, threat of substitutes, threat of new entrants and degree of competition

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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.

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