target audience: TECH SUPPLIER Publication date: Jul 2024 - Document type: Market Forecast - Doc Document number: # US51774424
Worldwide Location and Geospatial Data Management and Analytics Software Forecast, 2024–2028
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Abstract
This IDC study provides a sizing of the worldwide location and geospatial data management and analytics software market and a five-year forecast through 2028 by deployment type and geographical region. It provides commentary on market growth and the emerging trends and provides actionable advice for technology suppliers.
The rising tide of location and geospatial analytics includes not just traditional GIS vendors but offerings from a wide spectrum of software vendors more generally. "In 2024, market trends indicate that evolving the range of user personas and incorporating artificial intelligence (AI), especially generative AI (GenAI), in location and geospatial analytics will be crucial for vendors to differentiate themselves and demonstrate clear return on investment (ROI) to a broader audience," according to Lynne Schneider, research director, Location and Geospatial Intelligence at IDC.