Geospatial Analytics Market Share

Statistics for the 2023 & 2024 Geospatial Analytics market share, created by Mordor Intelligence™ Industry Reports. Geospatial Analytics share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Geospatial Analytics Industry

The geospatial analytics market is characterized by consolidation, with several prominent companies dominating specific regions and countries. These key players include ESRI Inc., General Electric (GE), Hexagon AB, MDA Corporation, Bentley Systems, Inc., Trimble Geospatial, and others. These industry giants employ various strategies to maintain a competitive edge.

In July 2023, Locana, an international spatial technology provider, joined forces with OpenStreetMap US, a nonprofit organization dedicated to supporting and expanding the OpenStreetMap (OSM) project. OSM aims to enhance access to high-quality geographic data, reduce the cost of utilizing location intelligence, and enable more organizations to leverage insights derived from location data.

In February 2023, GE Renewable Energy's Grid Solutions business secured a multi-million dollar contract from the Nepal Electricity Authority (NEA). This agreement involves the automation of 39 substations with varying ratings across Nepal. Additionally, it encompasses the construction of six Master Control Centers (MCCs), marking a significant development in Nepal's electrical infrastructure.

Geospatial Analytics Market Leaders

  1. ESRI Inc.

  2. MDA LTD.

  3. Hexagon AB

  4. TRIMBLE INC.

  5. Bentley Systems, Inc.

*Disclaimer: Major Players sorted in no particular order

Geospatial Analytics Market Concentration

Geospatial Analytics Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)