Geospatial Solutions Market

May 2020| VMR2583A| Verified Market Research

Report Highlights

Geospatial Solutions Market Size And Forecast

Geospatial Solutions Market was valued at USD 202.8 Billion in 2018 and is projected to reach USD 506.2 Billion by 2026, growing at a CAGR of 12.1% from 2019 to 2026.

Global Geospatial Solutions Market Outlook

The advances in geospatial technologies with the advent of artificial intelligence and big data analytics is the major factor contributing in the growth of the global geospatial solutions market. Moreover, the inclusion of geospatial systems with conventional processes and launching of the solutions are another factor which are projected to boost the market growth. For instance, in April 2019, HERE launched Here XYZ for mapmaking and geospatial data management for developers and non-coders. It also launched the new cloud service for fast and flexible management of location data. However, regulations and legal problems might responsible to restrict the market growth.

Global Geospatial Solutions Market Competitive Landscape

The Global Geospatial Solutions Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Esri, HERE Technologies, Hexagon Geospatial, Atkins Plc, Pitney Bowes, Topcon Positioning Systems, DigitalGlobe Inc, General Electric, Harris Corporation, and Google.

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