Global Geospatial Analytics Market Size, Share & Trends Analysis Report By Offering (Software, Services), Technology (Sensors & Scanning, Global Navigation Satellite System (GNSS), GIS & Earth Observation), Data Type (Raster Data, Vector Data, Geotemporal Data, 3D Data, Tabular Data, Other Data Types), Deployment Mode (Energy & Utilities, Government & Defence, Telecommunication, Insurance & Financial Services, Real Estate & Construction, Automotive & Transportation, Healthcare & Life Sciences, Mining, Agriculture, Other Verticals) By Region, And Segment Forecasts, 2025-2034

Report Id: 1641 Pages: 180 Last Updated: 16 May 2025 Format: PDF / PPT / Excel / Power BI
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Geospatial Analytics Market Size is valued at USD 36.30 billion in 2024 and is predicted to reach USD 106.58 billion by the year 2034 at a 11.5% CAGR during the forecast period for 2025-2034.

Key Industry Insights & Findings from the Report:

  • The demand for geospatial analytics is being driven by the broad use of location-based services in a variety of industries, such as retail, logistics, and transportation.
  • The widespread usage of location-based services in a range of industries, including retail, logistics, and transportation, is driving the demand for geospatial analytics.
  • North America dominated the market and accounted for a revenue share of global revenue in 2024.
  • One of the significant concerns restraining industry growth is the initial costs associated with implementing geospatial analytics solutions.

 geospatial

The global geospatial analytics market is experiencing significant growth due to the increasing adoption of location-based technology across various industries. Geospatial analytics processes, stores, and analyses geospatial data, including location, elevation, and other geographic information, to gain insights and make informed decisions. Technological developments, the increasing adoption of cloud computing and big data analytics, and the growing demand for geospatial analytics in the defense and intelligence sectors primarily drive the growth in the market. The rising demand for geospatial analytics in transportation and logistics, natural resource management, and urban planning is expected to develop significant growth opportunities for the market in the coming years.

However, the market is expected to face challenges such as the lack of skilled manpower, the high cost of geospatial analytics software and hardware, and data privacy concerns. 

Competitive Landscape:

Some of the Geospatial Analytics market players are

  • Bentley Systems
  • Blue Marble Geographic
  • Caliper Corporation (US)
  • CARTO (US)
  • Descartes Lab (US)
  • eSpatial (Ireland)
  • Esri
  • Fugro
  • General Electric
  • Geomatic Consulting International (Vietnam)
  • Geospin (Germany)
  • Geoviet Consulting (Vietnam)
  • GIS Co. Ltd. (Thailand)
  • Google
  • HERE Technologies (Netherlands)
  • HexagonAB
  • Imago Global (Mynamar)
  • Mandalay Technology (Myanmar)
  • Mapidea (Portugal)
  • Maplarge
  • Maplarge (US)
  • Mappointasia (Thailand)
  • Maxar Technologies
  • Orbica (New Zealand)
  • Orbital Insights (US)
  • Pasco Corporation (Japan)
  • Precisely
  • Remote Technologies (US)
  • RMSI
  • Skymap Global (Singapore)
  • Sparkgeo (Canada)
  • Spatial
  • Suntac Technologies (Myanmar)
  • TomTom (Netherlands)
  • Trimble
  • UBIMO(US)
  • Vegastar Technology (Vietnam)

Market Segmentation:

The geospatial analytics market is segmented based on offering, technology, data type, vertical. Based on offering, the market is categorized into software and solution. Software is sub segmented into geocoding & reverse geocoding, spatial data integration & ETL, reporting & visualization, thematic mapping & spatial analysis, location intelligence, other software types.  Services is sub segmented into professional services and managed services. The market is segmented by technology: sensors & scanning, global navigation satellite system (GNSS), GIS & earth observation. Sensors & scanning is sub segmented into LIDAR, RADAR, GPR/EML. By data type, the market is segmented into raster data, vector data, geotemporal data, 3d Data, tabular data, other data types. By Vertical, the market is categorized into energy & utilities, government & defence, telecommunication, insurance & financial services, real estate & construction, automotive & transportation, healthcare & life sciences, mining, agriculture, other verticals.

Based On The Data Type, The Raster Data Segment Is A Major Contributor To The Geospatial Analytics Market.

The raster data segment is the principal growth driver of the geospatial analytics market, providing pixel-level imagery from satellites, aerial sensors, and drones that facilitates important applications like urban planning, smart city development, environmental monitoring, disaster management, and precision agriculture. Increasing demand for high-resolution imagery and sophisticated visualization tools improves decision-making and spatial analysis. This expansion is also driven by the development of remote sensing, the spread of IoT devices, and the convergence of AI and machine learning, all of which rely on raster data to derive actionable insights. With urbanization and smart city projects growing, the demand for timely and accurate raster data continues to drive market demand.

Energy & Utilities Segment Witnessed Growth At A Rapid Rate

The energy & utilities sector is one of the highest-growth geospatial market verticals due to demand from effective management of resources, infrastructure monitoring, and enablement for smart grid initiatives and renewable power initiatives. Companies use geospatial solutions for managing assets, pipeline monitoring, risk evaluation, and maintenance planning. They support site selection, environmental surveys, and disaster management—essentially critical for taking the industry green. Increasing investments in infrastructure and smart cities also add to demand, ensuring that this category is a major driver of market growth.

The North American Geospatial Analytics Market Holds A Significant Regional Revenue Share

The North American geospatial analytics market is expected to register the highest market share in revenue shortly. The region is home to several technological firms, and these firms are using artificial intelligence and machine learning more and more. Government rules that facilitate seamless geospatial data sharing between private businesses also aid in expanding this market.

Additionally, North America holds the largest share of the geospatial analytics market thanks to the expansion of the oil and gas industry, the creation of 5G infrastructure, the rise in demand for connected vehicles, the presence of international players in the automotive sector, and the region's robust healthcare infrastructure. Besides, Asia Pacific is also anticipated to play a significant role in driving the market's growth, driven by the high adoption of developed technologies and the growing demand for location-based data analysis across various industries.

Recent Developments:

  • In May 2023, Geolocation technology expert TomTom International B.V. increased its collaboration with Alteryx, Inc. Through this collaboration, Alteryx will incorporate spatial data into its products and location insights packages, such as Alteryx Designer by utilizing TomTom's Maps APIs and location data. 
  • In May 2023, the Oracle Cloud Infrastructure (OCI) marketplace and on-premises deployment options for Oracle Spatial Studio 23.1 were introduced by Oracle Corporation. With a no-code mapping tool, users may browse, study, and analyze geographic data that is managed and stored by Oracle.
  • In May 2023, HERE Global B.V. established a partnership with information technology, services, and consulting firm Cognizant to provide location-based digital client experiences. Through this cooperation, Cognizant will create spatially intelligent solutions for its clients by leveraging the real-time traffic, weather, and road attribute data from the HERE location platform.

Geospatial Analytics Market Report Scope:

Report Attribute Specifications
Market size value in 2024 USD 36.30 Bn
Revenue forecast in 2034 USD 106.58 Bn
Growth rate CAGR CAGR of 11.5% from 2025 to 2034
Quantitative units Representation of revenue in US$ Million, and CAGR from 2025 to 2034
Historic Year 2021 to 2024
Forecast Year 2025-2034
Report coverage The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends
Segments covered Offering, Technology, Data Type, Vertical
Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country scope U.S.; Canada; U.K.; Germany; Japan; Brazil; Mexico; France; Italy; Spain; China; Japan; South Korea; Southeast Asia
Competitive Landscape Esri (US), Precisely (US), Caliper Corporation (US), Blue Marble Geographic (US), Google (US), eSpatial (Ireland), HexagonAB (Switzerland), TomTom (Netherlands), Trimble (US), Maxar Technologies (US), RMSI (India), Maplarge (US), General Electric (US), Bentley Systems (US), Fugro (Netherlands), Orbital Insights (US), Mapidea (Portugal), Geospin (Germany), Sparkgeo (Canada), Orbica (New Zealand), Descartes Lab (US), Skymap Global (Singapore), Remote Technologies (US), CARTO (US), UBIMO(US), Pasco Corporation (Japan), Geoviet Consulting (Vietnam), Mandalay Technology (Myanmar), GIS Co. Ltd. (Thailand), Suntac Technologies (Myanmar), Geomatic Consulting International (Vietnam), Imago Global (Mynamar), Mappointasia (Thailand), Vegastar Technology (Vietnam), HERE Technologies (Netherlands)
Customization scope Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing and available payment methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of the Geospatial Analytics Market-

Geospatial Analytics Market By Offering

  • Software
    • Geocoding & Reverse Geocoding
    • Spatial Data Integration & ETL
    • Reporting & Visualization
    • Thematic Mapping & Spatial Analysis
    • Location Intelligence
    • Other software types
  • Services
    • Professional services
    • Managed services

 geospatial

Geospatial Analytics Market By Technologies

  • Sensors & Scanning
    • LIDAR
    • RADAR
    • GPR/EML
  • Global Navigation Satellite System (GNSS)
  • GIS & Earth Observation

Geospatial Analytics Market By Data Type

  • Raster Data
  • Vector Data
  • Geotemporal Data
  • 3d Data
  • Tabular Data
  • Other Data Types

Geospatial Analytics Market By Vertical

  • Energy & Utilities
  • Government & Defense
  • Telecommunication
  • Insurance & Financial Services
  • Real Estate & Construction
  • Automotive & Transportation
  • Healthcare & Life Sciences
  • Mining
  • Agriculture
  • Other Verticals

Geospatial Analytics Market By Region-

North America-

  • The US
  • Canada

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Mexico
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

Geospatial Analytics Market Size is valued at USD 36.30 billion in 2024 and is predicted to reach USD 106.58 billion by the year 2034

Geospatial Analytics Market is expected to grow at a 11.5% CAGR during the forecast period for 2025-2034

Esri (US), Precisely (US), Caliper Corporation (US), Blue Marble Geographic (US), Google (US), eSpatial (Ireland), HexagonAB (Switzerland), Others

Geospatial analytics market is segmented based on Offering, Technology, Data Type, Vertical.

North American region is leading the Geospatial Analytics Market.

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