UK Geospatial Analytics Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.85 Billion |
| Market Size (2029) | USD 3.15 Billion |
| CAGR (2024 - 2029) | 11.26 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UK Geospatial Analytics Market Analysis
The UK Geospatial Analytics Market size is estimated at USD 1.85 billion in 2024, and is expected to reach USD 3.15 billion by 2029, growing at a CAGR of 11.26% during the forecast period (2024-2029).
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.
- Artificial intelligence (AI) and machine learning (ML) have increased organizations' ability to analyze massive amounts of geographical data. AI and several of its subdomains, such as machine learning and computer vision, automate information extraction to give real-time geographic insights more quickly, such as assisting in the safe deployment of firefighters during rescue operations or enabling autonomous or remote navigation for drones or vehicles.
- Geospatial analytics could be helpful in the building industry. Using Geographic Information Systems (GIS) tools, builders and developers can make informed decisions based on data-driven insights about location, zoning, and accessible resources.
- GIS technology may assist with anything from site selection to project management in the home development industry. GIS, for example, can be used to assess the appropriateness of a potential construction site's terrain for development. Furthermore, GIS can help builders discover potential environmental hazards that must be considered during construction.
- Rapid technology advancements have resulted in sat navs in automobiles, maps on phones, wearable sensors around our wrists, and smart devices in houses, all of which are now essential components of millions of people's lives.
- New and improved technologies are always being created. Drones will be used to map fields in the near future, as will robots on the street doing home deliveries - all of which will use geospatial data.
- The most significant impediment to the geospatial industry is a need for more understanding of the technology's robustness. This is the most significant impediment to individuals fully utilizing the technology. People are less likely to use technology if unaware of its considerable uses. Conversely, technology vendors see a need for more human resources as the most significant impediment to providing or developing an effective solution. Geospatial technology deployment necessitates specific skills, knowledge, and comprehension.
UK Geospatial Analytics Market Trends
Location data will hold the significant share
- The Geospatial Commission was established to capitalize on the vast opportunities that location data and technology provide for the United Kingdom. Two successful pilots to test a National Subterranean Asset Register (NUAR) - a digitized map of all underground pipes and wires - were completed in the North East of England and London.
- This Public Sector Geospatial Agreement (PSGA) will help improve the effectiveness and efficiency of public services while encouraging innovation and economic growth. On March 2023, British regulator Ofcom announced they would auction 6 GHz in the 26 GHz and 40 GHz bands to improve mobile connectivity in the UK.
- The new spectrum will be particularly beneficial in locations and venues with many mobile users, such as train stations, football stadiums, and concerts, where demands on current networks mean mobile data speeds can be sluggish. Ofcom will award citywide licenses to use the mmWave spectrum by auction and assign rights for more localized permits.
- The Geospatial Commission was established to capitalize on the vast opportunities that location data and technology provide for the United Kingdom. Two successful pilots to test a National Subterranean Asset Register (NUAR) - a digitized map of all underground pipes and wires - were completed in the North East of England and London. A national strategy would lessen the likelihood of asset strikes, which threaten lives, cause delays, cost money, and disrupt traffic and local economies-negotiated a GBP 1 billion commitment over ten years to keep Britain's essential national location data at the forefront of the world. This Public Sector Geospatial Agreement (PSGA) will likely help improve the effectiveness and efficiency of public services while encouraging innovation and economic growth.
- The critical location identifiers - Unique Property Reference Numbers (UPRNs) and Unique Street Reference Numbers (USRNs) - that provide a golden thread to link a wide range of datasets together to deliver insights have been released on open terms for the first time. Ten projects were funded through a crowdsourcing competition to foster new applications of location data that provide economic, social, and environmental value.
- An effort to design an indoor mapping system to navigate complicated structures, a safer and more efficient navigation system for bikers, and a project to map every tree in the UK to improve urban and rural forestry decisions are just a few examples. GBP 5 million was invested in a data enhancement effort with six partner organizations to improve public sector geospatial datasets.
- Geospatial data analysis can also help telecommunication businesses manage their assets more effectively. For example, a corporation can use geographic data to determine a site's power outage susceptibility in the case of a storm, allowing it to manage its network assets better. Furthermore, the corporation can comprehend the deployment of its service assets (such as repair workers) to know how to position them if maintenance is required.
Mining and Natural Resources is Expected to Hold Significant Share of the Market
- Utility and communication are two well-known end-user industries that have embraced geospatial analytics. The section is dominated by energy, electricity, and communication systems. Energy consumption profiles of high-resolution buildings are determined using an analytical procedure that integrates annual energy simulations of various city-specific prototype assets with geographical data from the Geographical Information System (GIS) framework.
- Further, in April 2023, EDF, a French electric utility corporation, collaborated with ESRI UK to create an enterprise GIS for Hinkley Point C (HPC), one of Europe's most extensive and complicated construction projects. The GIS portal has improved cooperation and expedited digital workflows by offering a centralized source of all geographical data, maps, apps, and dashboards for over 1,500 users, including employees and contractors.
- The UK P&I Club's loss prevention team has revealed that it has been collaborating with Geollect, a UK and US-based Geospatial-Intelligence Company, to give its members cutting-edge data feeds with geospatial analysis, delivering crucial information on ports and locations throughout the world. Geollect develops proprietary, dynamic algorithms embedded in user-friendly software to provide a new type of timely and actionable intelligence. The information is compiled from satellite imagery, social media updates, intelligence data, geographical data, and the Club's records to provide a comprehensive picture of global marine incidents and alarms. For UK P&I members, an interactive map (below) has been produced that allows users to zoom into ports and locations and provides map and satellite views.
- Further, Eramet has collaborated closely with Capgemini to use artificial intelligence to transform the mining operations of its subsidiary "Grande Côte Opérations" (GCO), which specializes in mineralized sands, to facilitate revegetation and land rehabilitation. GCO, Eramet's local subsidiary, manufactures mineralized sands. The company has a mobile mine consisting of a dredge and a nomadic mill operating in an artificial basin within a 400 km2 mining concession to recover minerals in minute quantities in the desert sands.
- Following February 2023, a competitive procurement process, the UK government's Geospatial Commission awarded Airbus a one-year pilot contract to give public sector customers access to commercial, high-resolution satellite Earth observation (EO) data. Airbus will supply EO data to over 100 users spanning up to 35 public sector companies within the UK government, including complete mosaic coverage of the entire UK with high-quality pixels and shallow cloud cover.
UK Geospatial Analytics Industry Overview
The UK geospatial analytics market is moderately consolidated with players like Hexagon, Trimble, Bentley Systems, Inc., General Electric, ESRI Inc., etc. The companies continuously invest in strategic partnerships and product developments to gain substantial market share. Some of the recent developments in the market are:\
In April 2023, Bluesky International partnered with UP42, a Berlin geospatial developer platform and marketplace. Under the newly signed agreement, Bluesky will give UP42 precise, high-resolution aerial images covering the United Kingdom and the Republic of Ireland and other geospatial datasets. Bluesky will deliver aerial images, height and terrain datasets, its unique National Tree Map, and ultra-high resolution city imagery, both vertical and oblique, as part of the arrangement.
In 2022, the UK Ministry of Defence chose Esri UK as its Strategic Geospatial Partner. Esri UK was awarded a three-year contract by the UK Ministry of Defence (MOD) to develop its Strategic Geospatial Partnership. The new partnership was built on a 20-year collaboration between the MoD and Esri UK, during which Esri UKprovided technology and services to the land, maritime, and air domains.
UK Geospatial Analytics Market Leaders
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Hexagon
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Trimble
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ESRI Inc
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Bentley Systems Inc.
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General Electric
*Disclaimer: Major Players sorted in no particular order
UK Geospatial Analytics Market News
- April 2023: EDF used Esri UK corporate GIS to build a geospatial site for the Hinkley Point C nuclear power station, one of Europe's most extensive and complicated building projects. The portal provides a single picture of the entire project. They are facilitating greater cooperation and enabling new digital workflows, Assisting employees and contractors in improving safety and productivity. When the building of the nuclear reactors began, the portal has recently been expanded to include Tier-1 contractors, and it presently has over 1,500 users.
- April 2021: Esri UK launched a new cooperation with Tetra Tech, a worldwide consulting and engineering services company, to enhance indoor mapping capabilities by combining their expertise. Esri UK was to contribute to the partnership's robust GIS system, which had multiple indoor mapping capabilities, such as interactive floor plans and indoor location capabilities. Tetra Tech was to add 3D terrestrial laser scanning, data analytics, and CAD capabilities to GIS. They were to collaborate to provide customers with an end-to-end interior mapping solution to capitalize on an expanding need for indoor mapping for facilities management at central workplaces, campuses, or hospitals.
UK Geospatial Analytics Market Report - Table of Contents
1. EXECUTIVE SUMMARY
2. MARKET INSIGHTS
- 2.1 Market Overview
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2.2 Industry Attractiveness - Porter's Five Forces Analysis
- 2.2.1 Bargaining Power of Buyers
- 2.2.2 Bargaining Power of Suppliers
- 2.2.3 Threat of New Entrants
- 2.2.4 Threat of Substitutes
- 2.2.5 Intensity of Competitive Rivalry
- 2.3 Industry Value Chain Analysis
- 2.4 Assessment of the Impact of COVID-19 on the Market
3. MARKET DYNAMICS
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3.1 Market Drivers
- 3.1.1 Increasing in Demand for Location Intelligence
- 3.1.2 Advancements of Big Data Analytics
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3.2 Market Restraints
- 3.2.1 High Costs and Operational Concerns
- 3.2.2 Concerns related to Geoprivacy and Confidential Data
4. MARKET SEGMENTATION
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4.1 By Type
- 4.1.1 Surface Analysis
- 4.1.2 Network Analysis
- 4.1.3 Geovisualization
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4.2 By End-user Vertical
- 4.2.1 Agriculture
- 4.2.2 Utility and Communication
- 4.2.3 Defense and Intelligence
- 4.2.4 Government
- 4.2.5 Mining and Natural Resources
- 4.2.6 Automotive and Transportation
- 4.2.7 Healthcare
- 4.2.8 Real Estate and Construction
- 4.2.9 Other End-user Verticals
5. COMPETITIVE LANDSCAPE
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5.1 Company Profiles
- 5.1.1 Hexagon
- 5.1.2 Trimble
- 5.1.3 ESRI Inc
- 5.1.4 Bentley Systems Inc.
- 5.1.5 General Electric
- 5.1.6 Bluesky International Ltd.
- 5.1.7 Oracle Corporation
- 5.1.8 SAS Institute Inc
- 5.1.9 Accenture
- *List Not Exhaustive
6. INVESTMENT ANALYSIS
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityUK 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 UK 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 |
UK Geospatial Analytics Market Research Faqs
How big is the UK Geospatial Analytics Market?
The UK Geospatial Analytics Market size is expected to reach USD 1.85 billion in 2024 and grow at a CAGR of 11.26% to reach USD 3.15 billion by 2029.
What is the current UK Geospatial Analytics Market size?
In 2024, the UK Geospatial Analytics Market size is expected to reach USD 1.85 billion.
Who are the key players in UK Geospatial Analytics Market?
Hexagon, Trimble, ESRI Inc, Bentley Systems Inc. and General Electric are the major companies operating in the UK Geospatial Analytics Market.
What years does this UK Geospatial Analytics Market cover, and what was the market size in 2023?
In 2023, the UK Geospatial Analytics Market size was estimated at USD 1.64 billion. The report covers the UK Geospatial Analytics Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the UK Geospatial Analytics Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Geospatial Analytics Industry Report
Statistics for the 2024 UK Geospatial Analytics market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Geospatial Analytics analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
