Most companies relied on varied data such as text data, machine data, social media data, and among others for analytical purposes, in order to remain competitive. Geospatial analytics is a revolutionary technology of gathering and displaying imagery, GPS, satellite photography, and historical data.It integrates the simultaneous applications of statistics, computer programming, and operation research to measure the gathered data. The risks involved in business processes are growing with the expanding Strategic Business Units (SBU) in vast geographies. This technology emerged as a vital source of information to plan and execute projects in order to minimize workload, make successful business predictions, to evaluate business operations with minimum risks, and to develop sustainable strategies.
Many organizations are using geospatial analytics tools which have unique ability to go beyond standard data analysis with the help of tools to integrate, view, and analyse data using geography. These tools help organizations to make informed business decision by collecting and analysing on parameters such as customer purchasing behaviour, geographic trends, and other geography related information.
In the North American region, many countries have an ample of geographic data for analysis, and governments also making GIS datasets publicly available. Whereas, government as well as many private organizations have also started relying more on geospatial data to support business decisions, infrastructural developments such as power, land, urban developments, and natural resources. Besides, there are several other industries such as, maintenance and construction of roads, public utility services, health, and education are also essentially using geospatial technology and tools for planning, management, and decision-making by gathering and analysing spatial information.
Geospatial technology involves Global Positioning systems, Geographic Information Systems, Remote Sensing, and others such as Global Navigation Satellite Systems (GNSS) Light Detection and Ranging (LIDAR), Location-Based Services (LBS) and many more. The main system which comprises the geospatial analytics solutions is the Geographic Information System (GIS) which is used to predict, manage, and learn about various phenomena affecting the earth’s systems and its inhabitants. The rising impact of geographic business units and dispersed customer base has led to increased necessity for geospatial analytics solutions in various business domains.
In 2014, the North America Geospatial Analytics market is dominated by Esri, Trimble Navigation, Ltd., and WS Atkins Plc. WS Atkins Plc., is one of the dominating player in the North America Geospatial Analytics market by providing wide range of services enables the company to enhance its top-line performance.
Scope of the Report
This research report categorizes the North America Geospatial Analytics market into the following segments and sub segments:
North America Geospatial Analytics Market Size and Forecast By Vertical
- Natural Resource
- Utility and Communication
- Defense and Intelligence
North America Geospatial Analytics Market Size and Forecast by Application
- Medicine and public safety
- Disaster Risk Reduction and Management
- Climate Changed Adaptation
North America Geospatial Analytics Market Size and Forecast by Type
- Surface Analysis
- Network Analysis
North America Geospatial Analytics Market Size and Forecast by Technology
- Global Positioning Systems (GPS)
- Remote Sensing (RS)
- Geographical Information Systems (GIS)
North America Geospatial Analytics Market Size and Forecast by Country
- Rest of North America
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