Utility Geospatial Solutions Market: Geospatial Hardware to Rein Supreme, Software Services to Gain Traction – Fact.MR Study

ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.

The report offers actionable and valuable market insights of Utility Geospatial Solutions. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Utility Geospatial Solutions Market across various industries and regions.

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Global demand for geospatial solutions was valued at US$ 322 Bn in 2021, and is projected to increase at a Y-o-Y growth rate of 15.8% to reach US$ 373 Bn by 2022-end. From 2022 to 2032, the geospatial solutions market is forecast to flourish at a 15.3% CAGR. By the end of the aforementioned forecast period, a valuation of US$ 1.4 Tn is anticipated for the market.

Report Attributes Details
Anticipated Base Year Value (2021) US$ 322 Bn
Expected Market Value (2022) US$ 373 Bn
Estimated Market Size (2032) US$ 1.4 Tn
Global Growth Rate (2022-2032) 14% CAGR

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Utility Geospatial Solutions market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Utility Geospatial Solutions

This newly published and insightful report sheds light on Market Insights of Utility Geospatial Solutions, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Utility Geospatial Solutions Market.

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Key Segments Covered in the Utility Geospatial Solutions Industry Report

  • Utility Geospatial Solutions By Technology :
    • Geospatial Analytics Solutions
    • GNSS & Positioning Utility Geospatial Solutions
    • Utility Geospatial Solutions for Scanning
    • Utility Geospatial Solutions for Earth Observation
  • Utility Geospatial Solutions By Solution Type :
    • Geospatial Hardware
    • Geospatial Software
    • Geospatial Services
  • Utility Geospatial Solutions By End User :
    • Utility Utility Geospatial Solutions
    • Business Utility Geospatial Solutions
    • Transportation Utility Geospatial Solutions
    • Defence & Intelligence Utility Geospatial Solutions
    • Infrastructural Development Utility Geospatial Solutions
    • Natural Resource Utility Geospatial Solutions
    • Other Utility Geospatial Solutions
  • Utility Geospatial Solutions By Application :
    • Utility Geospatial Solutions for Surveying & Mapping
    • Utility Geospatial Solutions for Geovisualization
    • Utility Geospatial Solutions for Asset Management
    • Utility Geospatial Solutions for Planning & Analysis
    • Utility Geospatial Solutions for Other Applications
  • Utility Geospatial Solutions By Region :
    • North America Utility Geospatial Solutions Market
    • Latin America Utility Geospatial Solutions Market
    • Europe Utility Geospatial Solutions Market
    • Asia Pacific Utility Geospatial Solutions Market
    • Middle East & Africa Utility Geospatial Solutions Market

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Competitive Landscape

Prominent providers are focusing on offering remote sensing enabled technology innovations so as to unlock enhanced applications of key geospatial solutions. Furthermore, top ranking geospatial service providers are relying on collaborations, acquisitions and partnerships with existing players to widen their outreach. Some notable developments are as follows:

  • In March 2022ESRI generated new land cover maps based on geospatial solutions, demonstrating how Earth as a planet has transformed over the last 5 years. These maps were generated by combining AI and ML through satellite data, consisting of 26 pictures of every point on the planet throughout the year.
  • In January 2022, world renowned transport solutions provider Scania partnered with HERE Technologies to power its next generation infotainment platform for its fleet of trucks globally, including China, Japan and South Korea. Scania is utilizing the HERE SDK’s mapping, routing and search functions that incorporate truck specific road information, vehicle regulations and points of interest.

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Key Question answered in the survey of Utility Geospatial Solutions market report:

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  • Growth of Utility Geospatial Solutions Market
  • Market Analysis of Utility Geospatial Solutions
  • Market Insights of Utility Geospatial Solutions
  • Key Drivers Impacting the Utility Geospatial Solutions market
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  • Restraints Shaping Market Growth
  • Market Survey of Utility Geospatial Solutions

More Valuable Insights on Utility Geospatial Solutions Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Utility Geospatial Solutions, Sales and Demand of Utility Geospatial Solutions, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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