GITNUX MARKETDATA REPORT 2024
Geospatial Analytics Industry Statistics
The geospatial analytics industry is expected to experience significant growth in the coming years, driven by the increasing demand for location-based data and insights across various sectors such as urban planning, logistics, and natural resource management.
In this post, we explore the latest statistics shaping the geospatial analytics industry, providing insights into its market trends and growth projections. From the global market size to regional dominance and sector-specific demands, the data reveals a dynamic landscape poised for significant expansion in the coming years.
Statistic 1
"The global geospatial analytics market size was valued at USD 59.71 billion in 2020."
Statistic 2
"It's expected to expand at a CAGR of 17.4% from 2021 to 2028."
Statistic 3
"Market in North America accounted for the maximum share of more than 35% in 2020."
Statistic 4
"In the Asia Pacific region, it is anticipated to witness the highest CAGR of 19.6% from 2021-2028."
Statistic 5
"The real estate sector shows increasingly high demand, with nearly 80% of all business information having a geospatial component."
Statistic 6
"The global geospatial solutions market reached a value of US$ 239 Billion in 2020."
Statistic 7
"The Geospatial Analytics market is forecast to reach USD 107.83 billion by 2026."
Statistic 8
"The geospatial imagery analytics market was worth $3.10 billion in 2019 and is projected to reach $14.21 billion by 2025."
Statistic 9
"The solution segment will dominate the geospatial imagery analytics industry & reach around USD 6 billion by 2025."
Statistic 10
"The U.S. market dominated the North America geospatial analytics market by region in 2014 with 83.71% share."
Statistic 11
"By 2027, Asia-Pacific region is expected to witness the fastest growth at a CAGR of above 20%."
Statistic 12
"The transportation & logistics vertical in the geospatial imagery analytics market is projected to observe 25% growth rate till 2025."
Statistic 13
"By 2025, the European geospatial analytics market size is estimated to cross USD 20 billion."
Statistic 14
"Location analytics held over 20% market share in 2019 in geospatial analytics market."
Statistic 15
"The earth observation segment will grow at a CAGR of over 15% from 2020 to 2026 in geospatial analytics market."
Statistic 16
"South America geospatial analytics market is projected to multiply at 20% CAGR through 2026."
Jannik Lindner
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The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
