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The growing demand for geospatial analytics solutions along with artificial intelligence and simplification of geospatial data, are among the major drivers for the market growth. Additionally, the adoption of geospatial analytics solutions by governments and public safety organizations would further drive the market growth. Some of the challenges to the development and deployment of geospatial analytics solutions are the high cost associated with the implementation of the technology. Geospatial analysis is a process of is of gathering, displaying, and manipulating imagery, GPS, satellite photography and historical data, which are described explicitly in terms of geographic coordinates or implicitly, in terms of a street address, postal code, or forest stand identifier.
Based on the type, the Geospatial Analytics market is segmented into Surface Analytics, Network Analytics, Geo-visualization and others. Based on the technology, the market is segmented into Remote Sensing, GPS & GIS and Others. The Applications highlighted in this report include Surveying, Medicine & Public Safety, Disaster Risk Reduction & Management, Climate Change Adaptation and Others. The verticals covered under the report include Utility & Communication, Business, Government & Public Utilities, Natural Resource, Automotive, Defense & Intelligence and Others. Based on country, Geospatial Analytics market is segmented into Latin America, and Middle East & Africa (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA). Brazil remained the dominant country in the Latin America, Middle East & Africa Geospatial Analytics market in 2015. South Africa and UAE would witness promising CAGR during the forecast period (2016-2022).
The report covers the analysis of key stake holders of the Geospatial Analytics market. Key companies profiled in the report include Trimble Navigation Ltd., Hexagon AB, Harris Corporation, Bentley Systems, Inc., General Electric (GE), Macdonald, Dettwiler & Associates, Ltd., Fugro N.V. and RMSI.
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