Geospatial Solutions Market Size

Geospatial Solutions Market size was valued at USD 498.13 billion in 2024 and is anticipated to reach USD 2.64 trillion by the end of 2037, registering around 13.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of geospatial solutions is assessed at USD 552.73 billion.

The growth of the market can be attributed to the growing applications of geospatial solutions followed by the integration of advanced technologies in GIS applications. Geographical information Systems (GIS) are used to analyze and study spatial and geographic data. Incorporation of technologies, such as Augmented Reality (AR), 3D printing, and artificial intelligence in geospatial solutions is projected to boost the market growth. It is estimated that 97 million people will work in the field of artificial intelligence by 2025. It is projected that the market size of AI will increase at least 120% year over year.

Moreover, the growing research activities regarding the space and earth, and constant investment in these research activities are estimated to fuel the market growth. In addition to this, the increasing use of global positioning system (GPS) across the globe, is expected to strengthen the market growth.