China Geospatial Analytics Market Size (2024 - 2029)

China Geospatial Analytics Market Analysis

The China Geospatial Analytics Market size is estimated at USD 2.52 billion in 2024, and is expected to reach USD 4.19 billion by 2029, growing at a CAGR of 10.69% during the forecast period (2024-2029).

Geospatial information processing, which converts into structured data and maps and other communication media appropriate to humans, integrates research issues and information products from disciplines such as photogrammetry, remote sensing, cartography, engineering surveying, and spatial observation in the geography and environmental sciences. Different areas of computer science, such as computational geometry, artificial intelligence and machine learning, semantic technologies, databases, and computer graphics, are adapted and extended in an engineering-oriented way to address these challenges, in addition to concepts of mathematics and physics.

• The growing technological advancements in China in transportation, real estate, and telecommunication sectors significantly contribute to the market growth rate. For instance, China has made self-driving cars a national priority. Several efforts are already moving forward as Beijing scrambles to create autonomous driving laws. Recently, BMW showed autonomous lane changing on a Chengdu highway, and Baidu's prototype recently drove 18 kilometers across Beijing.
• Furthermore, autonomous transportation will be significantly reliant on local government backing. Tangshan City in north China has created the CaofeidianAutomatic Driving Truck Base to test autonomous commercial fleets. Wuhu, 200 kilometers west of Shanghai, is vying to become the world's first driverless city by 2025. It's crucial to realize that the technology behind autonomous driving is complicated. Free space estimation, general object detection, and emergency steering require 100% accuracy, and even slightly adverse weather conditions can interfere with essential readings. Such developments in automatic vehicles would drive the studied market.
• Moreover, According to the GSMA, by 2025, 40-50% of China's mobile users may be using 5G. The country is gaining more in terms of network convergence, network virtualization, and network slicing. The government also started to include standalone as part of its initial 5G deployment, owing to building a 5G network from the ground rather than evolving a 4G network into a 5G. This would enable the growth of the studied market in the region.

China 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 China 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 in terms of value (USD) for all the above segments.