According to a new report Global Geospatial Solutions Market, published by KBV Research, The Global Geospatial Solutions Market size is expected to reach $549.1 billion by 2025, rising at a market growth of 15.6% CAGR during the forecast period.
The Earth observation segment is expected to retain the biggest market share by 2025. Earth observation satellites are observing the planet for modifications in everything from temperature to forest to coverage of ice sheets. This is feasible through satellite imagery, Light Detection and Ranging (LiDAR) and other associated techniques. With the growth of these systems, this particular market segment is also anticipated to develop. The Scanning market is expected to witness CAGR of 16.4% during (2019 - 2025). The Geospatial Analytics market is expected to witness highest CAGR of 17.3% during (2019 - 2025).
The Surveying & Mapping market dominated the Global Geospatial Solutions Market by Application 2018, growing at a CAGR of 14.4 % during the forecast period. The Geovisualization market is expected to witness a CAGR of 15.3% during (2019 - 2025). Additionally, The Planning & Analysis market is expected to witness highest CAGR of 16.3% during (2019 - 2025).
The Utility market dominated the Global Geospatial Solutions Market by End User 2018, growing at a CAGR of 14.4 % during the forecast period. The Defense & Intelligence market is expected to witness a CAGR of 14.5% during (2019 - 2025). The Infrastructural Development market is expected to witness a CAGR of 17.6% during (2019 - 2025). Additionally, The Transportation market is expected to witness highest CAGR of 17.9% during (2019 - 2025).
Full Report:https://www.kbvresearch.com/geospatial-solutions-market/
The North America market dominated the Global Geospatial Solutions Market by Region 2018growing at a CAGR of 14.3 % during the forecast period. The Europe market is expected to witness a CAGR of 14.7% during (2019 - 2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 17.8% during (2019 - 2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Apple, Inc., Oracle Corporation, Microsoft Corporation, Maxar Technologies, Inc. (DigitalGlobe, Inc.), Amazon.com, Inc., IBM Corporation, SNC-Lavalin Group, Inc. (Atkins PLC), Pitney Bowes, Inc., Esri, Inc., TomTom N.V., China Geo-Engineering Corporation (CGC)( China Energy Conservation and Environmental Protection Group) and L3Harris Technologies, Inc.
By Solution Type
By Application
By Technology
By End User
By Geography
Companies Profiled
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