Africa Geospatial Analytics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.99 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Africa Geospatial Analytics Market Analysis
The Africa Geospatial Analytics Market was valued at USD 0.23 billion in the previous year and is expected to grow at a CAGR of 6.99%, reaching USD 0.34 billion by the next five years.
- The increased usage of modern technologies like remote sensing, GIS (Geographic Information System), and GPS (Global Positioning System) across numerous industrial verticals has led to substantial expansion in the Africa geospatial analytics market in recent years. In order to gain knowledge and make informed decisions, geospatial analytics refers to gathering, analyzing, and interpreting geospatial data.
- Geospatial analytics is increasingly valued by governments in many African nations for resource management and sustainable development. For instance, the African Union introduced the African Space Policy and Strategy, which aims to leverage space science and technology for socioeconomic development, including applications for geospatial analytics.
- Geospatial analytics is widely employed for precision farming, crop monitoring, land management, and yield optimization because agriculture is essential to Africa's economy. Businesses use advanced analytics and satellite images to give farmers real-time data on crop health, soil moisture, and meteorological conditions, empowering them to make data-driven decisions.
- In African cities, population growth and rapid urbanization have heightened the need for adequate infrastructure management and urban planning. For instance, the city of Nairobi in Kenya has implemented a geospatial analytics platform to track traffic jams, manage transportation routes, and enhance urban mobility in general.
- In Africa, geospatial analytics is crucial for public health programs, disease surveillance, and disaster management. Geospatial analytics supported the COVID-19 pandemic in tracking the virus's transmission, identifying high-risk locations, and efficiently allocating healthcare resources.
Africa Geospatial Analytics Market Trends
Commercialization of Spatial Data
- The availability and accessibility of spatial data in Africa have considerably expanded as a result of the development of satellite technology and the spread of remote sensing devices. For instance, organizations like the African Regional Data Cube offer free access to satellite imaging data, allowing companies to use geospatial analytics without incurring large up-front fees.
- The demand for geospatial analytics has increased due to the rising use of mobile applications and location-based services (LBS). For instance, geospatial analytics are widely used by ride-hailing businesses like Uber and Bolt to connect drivers with passengers, optimize routes, and boost overall service effectiveness.
- Agriculture and natural resource management techniques in Africa are changing due to the commercialization of spatial data. Precision agricultural solutions are being offered to farmers by businesses employing satellite imaging, weather information, and soil data.
- Increased production and resource efficiency result from these technologies, aiding irrigation optimization, crop health monitoring, soil fertility assessment, and prompt intervention. For instance, businesses like aWhere and Syecomp provide geospatial analytics tools designed specifically for African farmers, giving decision-makers useful information.
- The commercialization of spatial data is driving the adoption of geospatial analytics in the insurance sector in Africa. Insurance firms use spatial data to evaluate and reduce the risks associated with natural disasters like floods, droughts, and wildfires. Geospatial analytics aids insurers in premium calculation, speedy claim settlement processes, and precise estimation of the exposure of covered assets to potential threats.
Increased smart city & infrastructure projects
- African governments and local authorities are developing innovative city projects to raise sustainability, boost livability, and promote economic development. For instance, the South African city of Cape Town has used geospatial analytics to track water use, improve distribution, and deal with challenges related to water scarcity.
- Geospatial analytics is essential for the administration and planning of mobility in smart cities. African cities like Lagos, Nigeria, and Nairobi, Kenya, have used geospatial analytics to assess traffic flow, improve public transportation, and implement traffic management strategies.
- In smart cities, geospatial technology monitors and controls utilities, including water, power, and waste management systems. Geospatial analytics, for instance, are used in Johannesburg, South Africa, to monitor power distribution and identify electricity theft or unauthorized connections.
- Geospatial analytics improves resilience planning in smart cities and aids in evaluating environmental conditions. Geospatial analytics, for instance, has been used in African cities like Accra, Ghana, to identify flood-prone areas, create early warning systems, and enhance disaster response planning. According to the World Bank, Africa's urban population is expected to quadruple by 2050, underscoring the need for effective and long-lasting infrastructure development.
Africa Geospatial Analytics Industry Overview
The Africa Geospatial Analytics Market is fragmented because of the presence of several companies. Some key players are Autodesk, Bentley Systems, Intergraph (Hexagon AB), Trimble Geospatial, Pitney Bowes Inc., etc. Key players in this market are introducing new innovative products and forming partnerships and collaborations to gain competitive advantages.
In November 2022, Swift Geospatial launched the Geospatial Forestry Platform. It offers an engaging, educational display of the latest technological tool created to support the planning and continuing management of forest plantations throughout Eastern Africa.
In September 2022, American AEG company Woolpert formed Woolpert Africa by combining the personnel and assets of its two acquired businesses, Southern Mapping Company and AAM. In order to support typical applications in Africa, such as services in mining, power, infrastructure, agriculture, and the environment, the team will provide geospatial data collection, processing, and administration.
Africa Geospatial Analytics Market Leaders
Autodesk, Inc.
Bentley Systems, Inc.
Intergraph (Hexagon AB)
Trimble Geospatial
Pitney Bowes Inc.
*Disclaimer: Major Players sorted in no particular order
Africa Geospatial Analytics Market News
- November 2022: A Memorandum of Understanding (MOU) was signed by SaskTel and Axiom Exploration Group to jointly explore opportunities to assist organizations throughout Saskatchewan in enhancing and modernizing their operations through the gathering and analysis of geospatial and other geophysical data.
- September 2022: A two-day conference on Data Analytics and visualization was held by Women in GIS Kenya in association with Pathways International, Esri Eastern Africa, Nakala Analytics, and the University of Nairobi, Department of Geospatial and Space Technology.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Commercialization of spatial data
5.1.2 Increased smart city & infrastructure projects
5.2 Market Restraints
5.2.1 High costs associated with geospatial technologies
6. MARKET SEGMENTATION
6.1 By Type
6.1.1 Surface Analysis
6.1.2 Network Analysis
6.1.3 Geo-visualization
6.2 By End-user Vertical
6.2.1 Agriculture
6.2.2 Utility and Communication
6.2.3 Defense and Intelligence
6.2.4 Government
6.2.5 Mining and Natural Resources
6.2.6 Automotive and Transportation
6.2.7 Healthcare
6.2.8 Real Estate and Construction
6.2.9 Other End-user Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Atkins
7.1.2 Autodesk, Inc.
7.1.3 Bentley Systems, Inc.
7.1.4 Eos Data Analytics, Inc.
7.1.5 ESRI, Inc.
7.1.6 Fugro
7.1.7 General Electrical Company
7.1.8 Intergraph (Hexagon AB)
7.1.9 Trimble Geospatial
7.1.10 Pitney Bowes Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Geospatial Analytics Industry Segmentation
Geospatial analytics is acquiring, manipulating, and displaying imagery and data from the geographic information system (GIS), such as satellite photos and GPS data. The specific identifiers of a street address and a zip code are used in geospatial data analytics. They are used to create geographic models and data visualizations for more accurate trends modeling and forecasting.
The Africa Geospatial Analytics Market is segmented by Type (Surface Analysis, Network Analysis, Geovisualization), by End User Vertical (Agriculture, Utility and Communication, Defence and Intelligence, Government, Mining and Natural Resources, Automotive and Transportation, Healthcare, Real Estate, and Construction). The market sizes and forecasts are provided regarding value (USD) for all the above segments.
| By Type | |
| Surface Analysis | |
| Network Analysis | |
| Geo-visualization |
| By End-user Vertical | |
| Agriculture | |
| Utility and Communication | |
| Defense and Intelligence | |
| Government | |
| Mining and Natural Resources | |
| Automotive and Transportation | |
| Healthcare | |
| Real Estate and Construction | |
| Other End-user Verticals |
Frequently Asked Questions
What is the current Africa Geospatial Analytics Market size?
The Africa Geospatial Analytics Market is projected to register a CAGR of 6.99% during the forecast period (2024-2029)
Who are the key players in Africa Geospatial Analytics Market?
Autodesk, Inc., Bentley Systems, Inc. , Intergraph (Hexagon AB), Trimble Geospatial and Pitney Bowes Inc. are the major companies operating in the Africa Geospatial Analytics Market.
What years does this Africa Geospatial Analytics Market cover?
The report covers the Africa Geospatial Analytics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Geospatial Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Africa Geospatial Analytics Industry Report
Statistics for the 2024 Africa Geospatial Analytics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Africa Geospatial Analytics analysis includes a market forecast outlook to for 2024 to (2024to2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
