Market Size of France Geospatial Analytics Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.71 Billion |
| Market Size (2029) | USD 1.16 Billion |
| CAGR (2024 - 2029) | 10.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Geospatial Analytics Market Analysis
The France Geospatial Analytics Market size is estimated at USD 0.71 billion in 2024, and is expected to reach USD 1.16 billion by 2029, growing at a CAGR of 10.40% during the forecast period (2024-2029).
In recent years, the demand for geospatial analytics solutions has increased due to the rising awareness of its benefits and the emergence of new applications. Geospatial analytics helps organizations analyze and visualize spatial data, improving efficiency, optimizing resources, enhancing customer experiences, and making data-driven decisions.
- France has witnessed an increase in the development of smart cities in recent years, driving the geospatial analytics market. Solutions for geospatial analytics have evolved into a platform for the growth of smart cities.
- IT infrastructure for installing and managing applications and data in each stage of the development life cycle of smart cities is provided by a centralized information system based on GIS, which would offer lucrative opportunities for the market.
- Also, there has been significant growth in the agricultural sector in France. According to the Europe Federation of animal science, in 2022, France had the highest total production of more than 80.0 billion among its member states. With the company's rising agricultural sector, there has been an increasing technological advancement. The country has adopted geospatial data that helps monitor moisture levels, soil properties, and others. Also, farmers can gather real-time data to make precise decisions.
- Moreover, the geospatial analytics market in France is further driven by the requirement for weather forecasting and environmental monitoring. In the past few years, there has been a rise in the use of geospatial analytics and satellite technologies for a clear understanding of the landscape and the mapping, identification, and analysis of environmental conditions.
France Geospatial Analytics Industry Segmentation
Geospatial analytics is the process of 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 France 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.
| By Type | |
| Surface Analysis | |
| Network Analysis | |
| Geovisualization |
| 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 |
France Geospatial Analytics Market Size Summary
The France geospatial analytics market is experiencing significant growth, driven by the increasing demand for advanced data analysis and visualization solutions. These solutions are becoming essential for organizations seeking to enhance operational efficiency, optimize resource allocation, and improve customer experiences through data-driven decision-making. The development of smart cities in France has been a major catalyst for this market, as geospatial analytics provides the necessary IT infrastructure and centralized information systems to support these urban developments. Additionally, the agricultural sector's technological advancements, including the use of geospatial data for monitoring soil and moisture conditions, are further propelling market expansion. The need for weather forecasting and environmental monitoring also contributes to the growing adoption of geospatial analytics, as these technologies offer valuable insights into landscape and environmental conditions.
The integration of fifth-generation (5G) wireless technology is revolutionizing the geospatial analytics market in France by providing enhanced data speeds, low latency, and improved connectivity. This technological advancement enables more precise location-based services, such as navigation, asset tracking, and geofencing, which are beneficial across various sectors, including logistics, public safety, and healthcare. The French government's investment in 5G infrastructure is expected to accelerate the development and adoption of geospatial analytics applications, further driving market growth. The market is moderately consolidated, with key players like General Electric, ESRI Inc., and Trimble Geospatial actively engaging in partnerships, innovations, and acquisitions to strengthen their market position. Recent developments, such as Exodigo's subsurface imaging project and NextNav's acquisition of Nestwave, highlight the ongoing efforts to enhance geospatial solutions and expand their applications in France and beyond.
France Geospatial Analytics Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Buyers
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1.2.2 Bargaining Power of Suppliers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Assessment of the Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Surface Analysis
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2.1.2 Network Analysis
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2.1.3 Geovisualization
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2.2 By End-user Vertical
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2.2.1 Agriculture
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2.2.2 Utility and Communication
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2.2.3 Defense and Intelligence
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2.2.4 Government
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2.2.5 Mining and Natural Resources
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2.2.6 Automotive and Transportation
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2.2.7 Healthcare
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2.2.8 Real Estate and Construction
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2.2.9 Other End-user Verticals
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France Geospatial Analytics Market Size FAQs
How big is the France Geospatial Analytics Market?
The France Geospatial Analytics Market size is expected to reach USD 0.71 billion in 2024 and grow at a CAGR of 10.40% to reach USD 1.16 billion by 2029.
What is the current France Geospatial Analytics Market size?
In 2024, the France Geospatial Analytics Market size is expected to reach USD 0.71 billion.
