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Follow on Google News | Geospatial Analytics Market in Saudi Arabia Booms at 9.5% CAGRSaudi Arabia's geospatial analytics market is set to grow at 9.5% CAGR, driven by smart city initiatives, real estate demand, and government digital efforts.
By: P&S Intelligence The real estate and construction sectors are among the foremost adopters of geospatial analytics, especially for land usage planning, site selection, and project design. As Saudi Arabia invests heavily in urban development— Key Insights The market is segmented into geovisualization, network analysis, and surface analysis, with geovisualization accounting for around 50% of the market share in 2024. It helps governments and organizations optimize resource management and gain real-time geographical insights. End users span a wide array of sectors, including agriculture, energy and utilities, IT and telecommunications, defense and intelligence, government, mining, automotive and transportation, healthcare, and real estate. The real estate segment alone holds a dominant 35% market share in 2024, propelled by Saudi Arabia's USD 1 trillion infrastructure investments. Browse detailed report analysis on "Saudi Arabia Geospatial Analytics Industry Growth and Forecast Report, 2030 (https://www.psmarketresearch.com/ The government sector is the fastest-growing end user, supported by initiatives like Vision 2030 and investments in geographical science research centers and smart urban development programs. Regionally, the Eastern Region holds the largest share, while Al-Riyadh is poised to grow the fastest, owing to focused infrastructure enhancements and digital integration in urban centers. The software component dominates the market with a 55% share in 2024, driven by the integration of AI, machine learning, and cloud computing technologies that enhance analytical capabilities across sectors. Emerging opportunities lie in integrating geospatial data with IoT technologies, offering real-time analytics for smart city infrastructure, transportation systems, and environmental monitoring. Saudi Arabia's focus on advanced research in geosciences, along with initiatives like the Saudi Geological Survey, aims to harness the power of spatial data for environmental and resource management, laying a foundation for long-term market sustainability. End
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