Dublin, March 10, 2025 (GLOBE NEWSWIRE) — The “Geospatial Analytics Market by Software Type (Geocoding, Thematic Mapping, ETL, Spatial Data), Technology (Sensors, LiDAR, Radar, GPR, EML, GNSS, GIS, ML), Data Type (Raster Data, Vector Data, 3D Data, Tabular Data), & Vertical – Global Forecast to 2029” report has been added to ResearchAndMarkets.com’s offering.
The geospatial analytics market is projected to grow from USD 32.97 billion in 2024 to USD 55.75 billion by 2029, at a compound annual growth rate (CAGR) of 11.1%
The market is anticipated to grow significantly due to several key factors. The increasing adoption of Location-Based Services (LBS) across industries, such as transportation, retail, and healthcare, is driving demand for real-time location intelligence. Advancements in spatial data processing technologies, including AI, IoT, and big data analytics, have enhanced the ability to analyze large-scale geospatial data efficiently.
Additionally, rising investments in smart cities and urban planning initiatives worldwide are fueling the need for geospatial tools to optimize infrastructure, resource management, and sustainable urban development, further propelling market growth.
Sensors and scanning segment is expected to hold the largest market share during the forecast period
Sensors and scanning technologies hold the largest market share in the geospatial analytics market, driven by advanced software solutions that process and analyze data collected from diverse sources like LiDAR, radar, and satellite imagery. These software tools enable real-time data integration, visualization, and analysis, transforming raw sensor inputs into actionable geospatial insights. Applications such as 3D mapping, terrain analysis, and infrastructure monitoring rely on these software capabilities to enhance precision and efficiency. The growing adoption of AI-powered processing and cloud-based platforms further strengthens the role of sensors and scanning software in addressing complex geospatial challenges across industries.
The location intelligence software type will have the fastest growth rate during the forecast period
Location intelligence is the fastest-growing software type in the geospatial analytics market, as organizations increasingly leverage spatial data to enhance decision-making and strategic planning. This software enables businesses to visualize, analyze, and interpret location-based insights, driving applications in customer analytics, supply chain optimization, and market segmentation. The rise of IoT devices, real-time tracking, and AI-driven analytics has amplified the adoption of location intelligence, making it essential for industries like retail, logistics, and urban development. Its ability to uncover hidden patterns and optimize operations fuels its rapid growth in the geospatial analytics market.
Asia Pacific’s to witness rapid geospatial analytics growth fueled by innovation and emerging technologies, while North America leads in market size
The Asia Pacific region is the fastest-growing market for geospatial analytics, driven by rapid urbanization, government initiatives for smart cities, and the increasing adoption of location-based services across industries like agriculture, transportation, and infrastructure development. Emerging economies such as India, China, and Southeast Asian nations are investing heavily in geospatial technologies to support economic growth and sustainable development.
Whereas, North America continues to lead in terms of market share, owing to its advanced technological ecosystem, strong presence of key geospatial analytics providers, and widespread adoption in sectors like defense, real estate, and disaster management. This regional dynamic highlights Asia Pacific’s emerging role as a growth hub while North America’s maintains its dominance through innovation and established expertise.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 390 |
| Forecast Period | 2024 – 2029 |
| Estimated Market Value (USD) in 2024 | $32.97 Billion |
| Forecasted Market Value (USD) by 2029 | $55.75 Billion |
| Compound Annual Growth Rate | 11.1% |
| Regions Covered | Global |
Market Overview and Industry Trends
Case Study Analysis
Energy & Utility
- Rmsi Helps US-based Electric and Gas Company Enhance Spatial Accuracy
- Kaukauna Utilities (Ku) Transitions to Arcgis Utility Network and Implements GIS-based Electric Design Workflows
- Electric Authority of Cyprus Deploys Oracle’s Solutions to Increase Application Stability and Resolve Deadlocks
- Banking, Financial Services, and Insurance
- Bajaj Finserv Implements Esri’s Geospatial Platform Solution to Improve Customer Service
Automotive & Transportation
- Esri Helps Carrefour Establish Global Platform for Geomarketing to Monitor Store Performance
Education
- Esri Enables Chesley District Community School to Engage Students in Geography Classes
- University of Northampton Implements GIS-based System to Improve Teaching and Research Capabilities
Healthcare & Life Sciences
- Sanitas Implements Carto’s Solutions to Evaluate Demographic Landscapes and Ensure Expansion During Site Planning
Government
- City of San Diego Implements SAP Solutions to Strengthen Emergency Services
Real Estate & Construction
- Crown Estate Implements GIS-based System to Improve Operations and Reduce Costs
Drivers
- Growing Adoption of Location-based Services Across Industries
- Technological Advancements in Spatial Data Processing
- Rising Investments in Smart Cities and Urban Planning
- Increasing Volume and Variety of Geospatial Data
Restraints
- Substantial Investment Requirement
- Infrastructure Limitations in Emerging Markets
- Complexities in Integration and Standardization of Geospatial Data
Opportunities
- Transforming Urban Planning and Management
- Rising Demand for Autonomous Vehicles and Smart Transportation Systems
- Growing Role in Defense and National Security
Challenges
- Balancing Innovation with Privacy, Security, and Legal Frameworks
- Ensuring Data Quality and Accuracy
- Addressing Critical Human Capital Shortage
Technology Analysis
- Key Technologies
- Big Data Analytics
- Unmanned Vehicle Systems and Drones
- 3D Modeling and Simulation
- Complementary Technologies
- Internet of Things
- Cloud Computing
- Blockchain
- Edge Computing
- Adjacent Technologies
- Augmented Reality & Virtual Reality
- Digital Twin
- Cybersecurity
Ecosystem Analysis
- Geospatial Analytics Software Providers
- Geocoding & Reverse Geocoding Providers
- Spatial Data Integration & Etl Providers
- Reporting & Visualization Providers
- Thematic Mapping & Spatial Analysis Providers
- Location Intelligence Providers
- Geospatial Analytics Service Providers
- Cloud Hyperscalers
- Geospatial Analytics Technology Providers
- End-users
- Impact of Generative AI on Geospatial Analytics Market
- Top Use Cases and Market Potential
- Key Use Cases
- Synthetic Geospatial Data Generation
- Improved Feature Extraction from Imagery
- Simulating Environmental Changes
- Enhanced Geospatial Data Fusion
- Automated Anomaly Detection
- Virtual Reality and Simulation for Training
Geospatial Analytics Techniques
- Surface & Field Analytics
- Network & Location Analytics
- Geovisualization
- Geocomputation
- Other Types
Stages in Geospatial Analytics
- Data Capture
- Data Management
- Geospatial Analytics and Modeling
- Visualization
Business Models of Geospatial Analytics
- Data-As-A-Service
- Software-As-A-Service
- Platform-As-A-Service
- Analytics-As-A-Service
- Mapping-As-A-Service
Data Sources in Geospatial Analytics
- Satellite Imagery
- Aerial Imagery
- GIS Data
- Crowd-Sourced Data
Porter’s Five Forces Analysis
Companies Featured
- IBM
- Alteryx
- Hexagon Ab
- Tomtom
- Maxar Technologies
- Trimble
- Caliper Corporation
- Precisely
- Esri
- Microsoft
- Bentley Systems
- Ouster
- Rmsi
- Maplarge
- General Electric
- Fugro
- Planet Labs
- Cloudfactory
- Earthdaily Analytics
- Heavy.AI
- Mapidea
- Geospin
- Sparkgeo
- Orbica
- Carto
- Mapbox
- Blue Sky Analytics
- Latitudo40
- Ecopia.AI
- Spatial.AI
- Dista
- Eos Data Analytics
- Magnasoft
- Safegraph
- Bsma Enterprises
For more information about this report visit https://www.researchandmarkets.com/r/8gkvew
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- Geospatial Analytics Market
