The Middle East geospatial analytics market is an emerging market, which is projected to witness immense growth from 2015 to 2020, owing to increased and continuous advancements taking place in geospatial technologies across the globe. The geospatial analytics are already being implemented immensely in the field of utilities and communication, natural resources, and businesses, among others.
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Technologies in the field of geospatial analytics, such as global positioning systems (GPS), geographical information systems (GIS), and remote sensing (RS) technology are being widely utilized across various industry verticals. These technologies help in the gathering of spatial data, which is later analyzed so as to help organizations in making informed decisions.
The market for geospatial analytics in the Middle East region is growing exponentially due to increasing demand for various solutions, such as mapping, alert issuance, precise predictions, and operational considerations, among others. In addition, the geospatial analytics are primarily used in the enforcement of laws. They are also used by national security agencies to tackle security related problems. Industries such as automobile, healthcare, and telecommunication use geospatial analytics to target potential customers, create new efficiencies, and make effective strategic decisions. GIS technology has given a significant boost to the geospatial analytics market, owing to increase in the amount of geospatial information gathered through smart phones, GPS devices, and social media, among others.
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The report segments the Middle East geospatial analytics market on the basis of technology, type, application, vertical, and geography. The report also contains revenue forecasting and analyzes trends in the market. By geography, the Middle East geospatial analytics market has been segmented into the Kingdom of Saudi Arabia (KSA), United Arab Emirates (UAE), Qatar, and Rest of Middle East. The report also provides detailed information on the drivers, restraints, opportunities, current market trends, and the technologies expected to revolutionize the Middle East geospatial analytics market.