How Big is the Geospatial Industry Market | Value, Growth & Forecast 2025

Q: How big is the geospatial industry market?

The geospatial industry market was estimated at USD 127 billion in 2024 and is projected to reach USD 246 billion by 2031.

Q: What is the growth rate of the geospatial industry market?

The geospatial market is projected to grow at a CAGR of 10.3% during the forecast period 2025–2031.

Q: What drives the demand in this market?

Major drivers include smart city projects, environmental monitoring, GIS adoption, and real-time analytics.

Q: Who are the top companies in the geospatial industry?

Leading players include Esri, Hexagon, Trimble, Maxar, and Google.

Q: What trends are influencing the market?

Cloud GIS, AI integration, UAV mapping, open-source tools, and IoT-geospatial convergence are major trends.

Q: How does 6W market outlook report help businesses in making decisions?

6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA6406

Publication Date: Jul 2025

What is the size of Geospatial Industry Market?

According to 6Wresearch internal database and industry insights, the Geospatial Industry Market was estimated at USD 127 billion in 2024 and is projected to reach USD 246 billion by 2031, growing at a CAGR of 10.3% during the forecast period 2025–2031.

The growth of geospatial industry market is expected to grow in the recent years as the market is driven by the increasing integration of geospatial technologies in urban planning, defence, disaster management, agriculture, and smart city initiatives.

Key Growth Drivers of the Geospatial Industry Market

Rising demand for spatial data in infrastructure and smart city development
Government initiatives for national mapping and geospatial modernization
Increased use in climate monitoring, environmental management, and disaster preparedness
Advancements in satellite imaging, GIS software, and location-based services
Growing adoption across logistics, telecom, and agriculture sectors

Geospatial Industry Market Trends

Geospatial industry is experiencing a strong growth with notable trends such as strong shift toward cloud-based GIS solutions for improved data sharing and real-time analysis. The use of Unmanned Aerial Vehicles (UAVs) and high-resolution satellite imaging is expanding for surveillance and land mapping. Also, mobile GIS applications are becoming essential for field data collection. Moreover, open-source geospatial platforms are gaining popularity for cost-effective customization.

Emerging Developments in the Geospatial Industry Market

Geospatial industry market is being advanced with real-time geospatial analytics powered by AI for traffic management, disaster response, and asset tracking. Governments and enterprises are adopting digital twin technology for urban modelling. 5G and IoT are integrated with geospatial systems is improving precision and connectivity. Now, the companies are investing in blockchain-based location data platforms for secure sharing. Further, national geospatial policies and open-data frameworks are further propelling innovation and accessibility.