Global Geospatial Industry Outlook: GeoBuiz Report 2022

GeoBuiz 22: Global Geospatial Industry Outlook report

Key findings from the report include

The global geospatial market is forecasted to be USD 681 billion in 2025
The market is estimated to grow at a much faster rate post-2025, making it USD 1.44 trillion by 2030, on the backbone of strategic public policy reforms, industry acceleration strategies, and innovations in the digital twin and metaverse paradigm.
The current growth in the market is driven by technology innovation, integration of workflows, and augmentation of spatial analytics in business processes.
Increasing government investments, strategic public policy reforms, and the evolving role of national geospatial agencies and governments is expected to drive the market growth post-2025.
GNSS and Positioning is forecasted to be the largest and growing geospatial technology segment with approx. 45 percent of the total market share, followed by GIS and Spatial Analytics at approx. 25 percent and earth observation at approx. 17 percent.
The economic impact of geospatial technologies on the global economy is currently estimated to be in the range of USD 2.2 trillion to 5.4 trillion, while it shall expand in the range of USD 5.4 trillion to USD 10.2 trillion in 2025.

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Description

The GeoBuiz-22 report brings forth the geospatial market size and forecast of geospatial technologies, and it's subsegments by technology sub-type, application, and region from 2022 to 2025 and analyses the various macroeconomic and microeconomic factors affecting the market growth. The report also brings forth a vivid picture of the human resource map and skill requirement of the geospatial industry and throws light on the potential economic impact of geospatial technologies on industry verticals in 2022 and 2025 and the probable impact of public policy reforms and accelerator strategy on the geospatial market in 2030. In addition, the report brings you the Innovation to Impact Matrix, which aims to provide technology businesses with a wide-angle view of the relative position of the major market competitors.

Value Proposition

The GeoBuiz Report 2022 provides businesses and governments alike with demonstrable evidence of the broader value of unlocking geospatial capabilities and set out key implications, suggestions, and ambitions to spearhead the shared vision of increasing the adaptability of geospatial information and technology.

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