Geospatial Analytics Market: Growth Strategies and Best Practices

 The size of the global geospatial analytics market was USD 56.88 billion in 2020, and it is anticipated to increase at a CAGR of 12.8% between 2021 and 2028, rising from USD 63.61 billion to USD 147.58 billion. According to our analysis, the global market experienced a notable increase of 11.7% in 2020 compared to year-over-year growth between 2017 and 2019. The market size for various geospatial solutions, including spatial analysis and thematic mapping, geocoding and revere geocoding, data integration, and ETL tools, is included. Geospatial analytics solutions experienced a positive demand shock across all regions during the pandemic, demonstrating the unprecedented and staggering impact of COVID-19 on the world. The demand and growth of this market, which will eventually reach pre-pandemic levels once the pandemic is over, is what is responsible for the steady increase in CAGR.

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https://www.fortunebusinessinsights.com/enquiry/sample/geospatial-analytics-market-102219

DEMANDING INDUSTRY PLAYERS

Alteryx, Microsoft Corporation, Bentley Systems, Inc., CARTO, Descartes Labs, Inc., Google LLC (Alphabet Inc.), Pitney Bowes, TomTom, Fugro, Here Technologies, Zebra Technologies Corporation, and other market players are concentrating on creating and providing various GIS and mapping solutions. Companies are being forced to adopt various business strategies as a result of the intense market competition in order to maximize their market share.

The companies that follow are a few of the significant businesses profiled: 

  • Alteryx (California, U.S.)

  • Microsoft Corporation (New Mexico, U.S.)

  • Bentley Systems, Incorporated (Pennsylvania, U.S.)

  • CARTO (New York, U.S.)

  • Descartes Labs, Inc. (New Mexico, U.S.)

  • Esri (California, U.S.)

  • Google LLC (Alphabet Inc.) (California, U.S.)

  • Pitney Bowes (Connecticut, U.S.)

  • TomTom (Amsterdam, Netherlands)

  • Fugro (Leidschendam, Netherlands)

The "Geospatial Analytics Market Report 2030" from Fortune Business Insights is an in-depth overview of the market that covers over 60 geographies and provides high-level market segmentation for each one. The market in each geography is examined, along with market size by region and country, in the section on regional and national breakdowns. Additionally, it assesses the market's past and anticipated growth and highlights important trends and corporate expansion tactics.

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