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According to our latest research, the geospatial analytics in insurance market size was valued at USD 2.9 billion in 2024, with a robust compound annual growth rate (CAGR) of 13.8% expected from 2025 to 2033. By the end of the forecast period, the market is projected to reach USD 9.1 billion, driven by increasing adoption of advanced analytics for risk assessment and claims management across the global insurance sector. The rapid integration of geospatial data with core insurance processes is enabling insurers to enhance operational efficiency, improve customer experience, and reduce fraud, which are among the key growth factors fueling this market’s expansion.
The primary growth driver for the geospatial analytics in insurance market is the rising need for precise risk assessment and mitigation strategies. Insurance companies are increasingly leveraging geospatial data to analyze environmental risks such as floods, wildfires, and storms, which significantly impact underwriting and pricing decisions. By integrating satellite imagery, aerial photography, and geographic information systems (GIS), insurers can more accurately evaluate property locations, historical claim patterns, and susceptibility to natural disasters. This granular level of insight not only helps in pricing policies more effectively but also reduces the risk of underwriting losses. Moreover, the increasing frequency and severity of climate-related events have made traditional risk models obsolete, pushing insurers to adopt geospatial analytics as a critical tool for business continuity and resilience.
Another significant factor propelling market growth is the evolving regulatory landscape and the growing emphasis on transparency and compliance within the insurance industry. Regulatory bodies across various regions are mandating the use of data-driven approaches for assessing risk and ensuring fair premium calculations. Geospatial analytics plays a pivotal role in meeting these regulatory requirements by providing verifiable, location-based data that enhances the accuracy of risk evaluation and claim validation. Furthermore, the integration of real-time geospatial data facilitates immediate response to catastrophic events, enabling insurers to streamline claims processing and improve customer satisfaction. As regulations become more stringent, the adoption of geospatial analytics is expected to accelerate, further boosting market growth.
Technological advancements and the proliferation of cloud-based solutions are also contributing to the expansion of the geospatial analytics in insurance market. The advent of artificial intelligence (AI), machine learning, and big data analytics has revolutionized the way geospatial data is collected, processed, and analyzed. Cloud-based geospatial analytics platforms offer scalable and cost-effective solutions, making them accessible to both large enterprises and small and medium-sized insurers. These platforms enable seamless integration with existing insurance management systems, facilitating real-time data sharing and collaboration across departments. The continuous innovation in remote sensing technologies, drones, and IoT devices is further enhancing the quality and granularity of geospatial data, opening new avenues for insurers to optimize their operations and deliver personalized services to their customers.
From a regional perspective, North America continues to dominate the geospatial analytics in insurance market, accounting for the largest revenue share in 2024. The region’s advanced digital infrastructure, high insurance penetration rates, and early adoption of geospatial technologies are key contributors to its market leadership. Europe follows closely, driven by stringent regulatory frameworks and increasing investments in digital transformation initiatives by insurers. Meanwhile, the Asia Pacific region is witnessing the fastest growth, fueled by rapid urbanization, increasing natural disaster occurrences, and rising awareness among insurers about the benefits of geospatial analytics. Latin America and the Middle East & Africa are also emerging as promising markets, albeit at a slower pace, due to gradual technological adoption and evolving insurance landscapes.
The geospatial analytics in insurance market is segmented by component into software, services, and hardware, with each playing a distinct role in shaping
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The Geospatial Analytics Marketsize was valued at USD 79.06 USD billion in 2023 and is projected to reach USD 202.74 USD billion by 2032, exhibiting a CAGR of 14.4 % during the forecast period. Recent developments include: February 2024: Placer.ai and Esri, a Geographic Information System (GIS) technology provider, partnered to empower customers with enhanced analytics capabilities, integrating consumer behavior analysis. Additionally, the agreement will foster collaborations to unlock further features by synergizing our respective product offerings., December 2023: CKS and Esri India Technologies Pvt Ltd teamed up to introduce the 'MMGEIS' program, focusing on students from 8th grade to undergraduates, to position India as a global leader in geospatial technology through skill development and innovation., December 2023: In collaboration with Bayanat, the UAE Space Agency revealed the initiation of the operational phase of the Geospatial Analytics Platform during its participation in organizing the Space at COP28 initiatives., November 2023: USAID unveiled its inaugural Geospatial Strategy, designed to harness geospatial data and technology for more targeted international program delivery. The strategy foresees a future where geographic methods enhance the effectiveness of USAID's efforts by pinpointing development needs, monitoring program implementation, and evaluating outcomes based on location., May 2023: TomTom International BV, a geolocation technology specialist, expanded its partnership with Alteryx, Inc. Through this partnership, Alteryx will use TomTom’s Maps APIs and location data to integrate spatial data into Alteryx’s products and location insights packages, such as Alteryx Designer., May 2023: Oracle Corporation announced the launch of Oracle Spatial Studio 23.1, available in the Oracle Cloud Infrastructure (OCI) marketplace and for on-premises deployment. Users can browse, explore, and analyze geographic data stored in and managed by Oracle using a no-code mapping tool., May 2023: CAPE Analytics, a property intelligence company, announced an enhanced insurance offering by leveraging Google geospatial data. Google’s geospatial data can help CAPE create appropriate solutions for insurance carriers., February 2023: HERE Global B.V. announced a collaboration with Cognizant, an information technology, services, and consulting company, to offer digital customer experience using location data. In this partnership, Cognizant will utilize the HERE location platform’s real-time traffic data, weather, and road attribute data to develop spatial intelligent solutions for its customers., July 2022: Athenium Analytics, a climate risk analytics company, launched a comprehensive tornado data set on the Esri ArcGIS Marketplace. This offering, which included the last 25 years of tornado insights from Athenium Analytics, would extend its Bronze partner relationship with Esri. . Key drivers for this market are: Advancements in Technologies to Fuel Market Growth. Potential restraints include: Lack of Standardization Coupled with Shortage of Skilled Workforce to Limit Market Growth. Notable trends are: Rise of Web-based GIS Platforms Will Transform Market.
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Geospatial Analytics Market Size 2025-2029
The geospatial analytics market size is forecast to increase by USD 178.6 billion, at a CAGR of 21.4% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing adoption of geospatial analytics in sectors such as healthcare and insurance. This trend is fueled by the ability of geospatial analytics to provide valuable insights from location-based data, leading to improved operational efficiency and decision-making. Additionally, emerging methods in data collection and generation, including the use of drones and satellite imagery, are expanding the scope and potential of geospatial analytics. However, the market faces challenges, including data privacy and security concerns. With the vast amounts of sensitive location data being collected and analyzed, ensuring its protection is crucial for companies to maintain trust with their customers and avoid regulatory penalties. Navigating these challenges and capitalizing on the opportunities presented by the growing adoption of geospatial analytics requires a strategic approach from industry players. Companies must prioritize data security, invest in advanced analytics technologies, and collaborate with stakeholders to build trust and transparency. By addressing these challenges and leveraging the power of geospatial analytics, businesses can gain a competitive edge and unlock new opportunities in various industries.
What will be the Size of the Geospatial Analytics Market during the forecast period?
Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by the increasing demand for location-specific insights across various sectors. Urban planning relies on geospatial optimization and data enrichment to enhance city designs and improve infrastructure. Cloud-based geospatial solutions facilitate real-time data access, enabling location intelligence for public safety and resource management. Spatial data standards ensure interoperability among different systems, while geospatial software and data visualization tools provide valuable insights from satellite imagery and aerial photography. Geospatial services offer data integration, spatial data accuracy, and advanced analytics capabilities, including 3D visualization, route optimization, and data cleansing. Precision agriculture and environmental monitoring leverage geospatial data to optimize resource usage and monitor ecosystem health.
Infrastructure management and real estate industries rely on geospatial data for asset tracking and market analysis. Spatial statistics and disaster management applications help mitigate risks and respond effectively to crises. Geospatial data management and quality remain critical as the volume and complexity of data grow. Geospatial modeling and interoperability enable seamless data sharing and collaboration. Sensor networks and geospatial data acquisition technologies expand the reach of geospatial analytics, while AI-powered geospatial analytics offer new opportunities for predictive analysis and automation. The ongoing development of geospatial technologies and applications underscores the market's continuous dynamism, providing valuable insights and solutions for businesses and organizations worldwide.
How is this Geospatial Analytics Industry segmented?
The geospatial analytics industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. TechnologyGPSGISRemote sensingOthersEnd-userDefence and securityGovernmentEnvironmental monitoringMining and manufacturingOthersApplicationSurveyingMedicine and public safetyMilitary intelligenceDisaster risk reduction and managementOthersTypeSurface and field analyticsGeovisualizationNetwork and location analyticsOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW)
By Technology Insights
The gps segment is estimated to witness significant growth during the forecast period.The market encompasses various applications and technologies, including geospatial optimization, data enrichment, location-based services (LBS), spatial data standards, public safety, geospatial software, resource management, location intelligence, geospatial data visualization, geospatial services, data integration, 3D visualization, satellite imagery, remote sensing, GIS platforms, spatial data infrastructure, aerial photography, route optimization, data cleansing, precision agriculture, spatial interpolation, geospatial databases, transportation planning, spatial data accuracy, spatial analysis, map projections, interactive maps, marketing analytics, data storytelling, geospati
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The United States geospatial analytics market is experiencing robust growth, projected to reach a significant size within the forecast period (2025-2033). The market's Compound Annual Growth Rate (CAGR) of 10.04% from 2019-2033 indicates a consistently expanding demand for geospatial data analysis across diverse sectors. Key drivers include the increasing availability of high-resolution satellite imagery, advancements in data processing capabilities (cloud computing, AI), and the growing need for data-driven decision-making in various industries. Specific sectors like agriculture, utilizing geospatial analytics for precision farming, and the defense and intelligence sectors, leveraging it for surveillance and strategic planning, are major contributors to market growth. Further fueling expansion are trends like the rising adoption of Internet of Things (IoT) devices generating location-based data, and the increasing sophistication of geospatial analytics software, incorporating advanced visualization and predictive modeling techniques. While data security concerns and the high cost of implementation pose some restraints, the overall market outlook remains positive, driven by the substantial benefits offered by geospatial analytics in improving efficiency, optimizing resource allocation, and enhancing situational awareness across a wide spectrum of applications. The market segmentation reveals significant opportunities across different types of geospatial analytics (surface analysis, network analysis, and geovisualization) and end-user verticals. While the provided data indicates a significant presence of companies like Harris Corporation, Bentley Systems Inc., and ESRI Inc., the market's competitive landscape is dynamic, with both established players and emerging technology companies vying for market share. The United States' dominance in geospatial technology and data infrastructure further supports the market's projected growth trajectory. The substantial investments in R&D and the prevalence of skilled professionals in the country further contribute to the market's expansion. Looking ahead, the integration of geospatial analytics with other technologies like blockchain and big data is expected to unlock new possibilities, further driving market growth and innovation in the coming years. Recent developments include: May 2023 : CAPE Analytics, a player in AI-powered geospatial property intelligence, has extended its partnership with The Hanover Insurance Group, which provides independent agents with the best insurance coverage and prices. Integrating geospatial analytics and inspection and rating models into Hanover's underwriting procedure is the central component of the partnership expansion. The company's rating plans will benefit from this strategic move, which will improve workflows, new and renewal underwriting outcomes, and pricing segmentation., March 2023 : Carahsoft Technology Corp., The Trusted Government IT Solutions Provider, and Orbital Insight, a player in geospatial intelligence, announced a partnership. By the terms of the agreement, Carahsoft will act as Orbital Insight's Master Government Aggregator, making the leading AI-powered geospatial data analytics available to the public sector through Carahsoft's reseller partners and contracts for Information Technology Enterprise Solutions - Software 2 (ITES-SW2), NASA Solutions for Enterprise-Wide Procurement (SEWP) V, National Association of State Procurement Officials (NASPO) ValuePoint, National Cooperative Purchasing.. Key drivers for this market are: Increasing in Demand for Location Intelligence, Advancements of Big Data Analytics. Potential restraints include: Increasing in Demand for Location Intelligence, Advancements of Big Data Analytics. Notable trends are: Network Analysis is Expected to Hold Significant Share of the Market.
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Location Intelligence Market size was valued at USD 18.5 Billion in 2024 and is projected to reach USD 63.15 Billion by 2032, growing at a CAGR of 15.63% from 2026 to 2032.Proliferation of Spatial Data: A rich source of data for location intelligence and analytics is made possible by the exponential increase of spatial data produced by sources including GPS enabled devices, Internet of Things sensors, and geographic information systems (GIS). In order to extract meaningful insights, there is a growing need for sophisticated tools and technologies due to the volume and diversity of spatial data.Location Based Services (LBS) are Growing: The demand for location intelligence and analytics solutions is fueled by the widespread use of location based services including ride sharing services, navigation apps, and location based marketing. Companies use location data to target services based on local context, optimize operations, and improve customer experiences.
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Geospatial Imagery Analytics Market size was valued at USD 69.66 Billion in 2023 and is projected to reach USD 226.79 Billion by 2031, growing at a CAGR of 15.90% from 2024 to 2031.Key Market Drivers:Increasing Adoption of Geospatial Technology in Agriculture: The precision agriculture business is expanding rapidly as a result of increased geospatial technology usage, with GPS guidance systems in farm tractors increasing from 5% in 2001 to more than 65% in 2016, according to USDA data. This spike in use demonstrates an increasing dependence on geospatial imaging analytics to improve crop monitoring, yield prediction, and resource management. The main causes behind this development include the need for more effective farming practices, higher crop yields, and better resource management, all of which are made possible by geospatial technology's accurate and actionable insights.
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The United Kingdom geospatial imagery analytics market is experiencing robust growth, projected to reach a substantial size driven by increasing adoption across diverse sectors. The market's Compound Annual Growth Rate (CAGR) of 25.62% from 2019 to 2024 indicates significant potential. This expansion is fueled by several key factors. Firstly, the rising need for precise location intelligence across various industries, such as insurance (risk assessment), agriculture (precision farming), and defense & security (surveillance), is a major catalyst. Secondly, advancements in technology, including higher-resolution imagery, improved analytical tools, and cloud-based solutions, are enabling more efficient and cost-effective data processing and analysis. Furthermore, the increasing availability of affordable drone technology and satellite imagery is broadening data sources and accelerating market growth. The market is segmented by type (imagery and video analytics), deployment mode (on-premise and cloud), organization size (SMEs and large enterprises), and vertical applications. The cloud-based deployment model is expected to dominate due to its scalability and accessibility. Large enterprises are currently the major consumers, but increasing awareness and adoption among SMEs will contribute to future expansion. While the market presents significant opportunities, certain challenges exist. Data security and privacy concerns related to sensitive geospatial information require robust security measures. The complexity of analyzing large datasets necessitates skilled professionals, potentially leading to a shortage of talent. Furthermore, high initial investment costs for advanced analytical tools and software may hinder adoption among some SMEs. However, the overall positive trajectory of the UK geospatial imagery analytics market is expected to continue throughout the forecast period (2025-2033), driven by technological innovation and increasing demand across key sectors. The market's substantial growth potential attracts significant investment and fosters innovation, ultimately enhancing the availability of high-quality geospatial data and analytical tools. Recent developments include: March 2024 - Ursa Space Systems has partnered with British firm Maiar to deliver advanced geospatial and open-source analytics to defense clients in the UK. Ursa's platform aggregates satellite imagery from multiple commercial constellations, offering data fusion and analytic services to swiftly extract critical insights from space-based data., January 2024 - Placer.ai, specializing in location analytics, has teamed up with Esri, one of the leaders in geographic information system (GIS) technology. This strategic partnership aims to introduce advanced analytics, empowering customers to harness consumer behavior insights for targeted site and trade area intelligence. Furthermore, the collaboration seeks to merge their products, unveiling enhanced features. As retail and commercial property operators strive to optimize their physical presence, the significance of location data and analytics in this endeavor has never been more pronounced.. Key drivers for this market are: Advancements in the Use of Data Analytics Solutions Across the End Users, The Growth of Urban Planning in the Country for Environmental Safety and Sustainable Development. Potential restraints include: Advancements in the Use of Data Analytics Solutions Across the End Users, The Growth of Urban Planning in the Country for Environmental Safety and Sustainable Development. Notable trends are: Urban Planning in the Country for Environment Safety and Sustainable Development Drives Market Growth.
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According to our latest research, the global Flood Insurance Tech market size reached USD 1.92 billion in 2024, with robust momentum driven by digital transformation across the insurance sector. The market is expected to expand at a CAGR of 16.8% from 2025 to 2033, resulting in a projected value of USD 9.53 billion by 2033. This growth trajectory is primarily fueled by the increasing frequency and severity of flood events, coupled with the rising adoption of advanced analytics, IoT, and cloud-based platforms to streamline flood risk assessment, underwriting, and claims management.
One of the most significant growth factors for the Flood Insurance Tech market is the escalating impact of climate change, which has led to a marked increase in the frequency and intensity of flood events worldwide. As both urban and rural populations face heightened exposure to flood risks, demand for more accurate and responsive insurance solutions has surged. Insurers are investing heavily in advanced technologies such as Geographic Information Systems (GIS), real-time data analytics, and predictive modeling to better understand flood risk profiles and offer tailored coverage solutions. This technological evolution not only enhances risk assessment accuracy but also enables insurers to price policies more competitively, thereby expanding the overall market base. Furthermore, governments and regulatory bodies are tightening mandates for flood risk disclosures and insurance coverage, further propelling the adoption of innovative flood insurance technologies.
Another key growth driver is the rapid digitalization of the insurance industry, where automation and artificial intelligence are transforming traditional workflows. The integration of machine learning algorithms for claims processing, remote sensing technologies for damage assessment, and mobile platforms for policy management has drastically improved the efficiency and transparency of flood insurance operations. These advancements have significantly reduced processing times and operational costs, making flood insurance more accessible and affordable to a broader range of policyholders. Additionally, the proliferation of smart home devices and IoT sensors provides real-time monitoring and early warning systems, empowering both insurers and insured parties to take proactive measures in mitigating flood-related losses. As a result, the market is witnessing a steady influx of new entrants and tech-driven startups, intensifying competition and accelerating innovation.
Strategic collaborations between insurance providers, technology vendors, and government agencies are also playing a pivotal role in shaping the Flood Insurance Tech market. Public-private partnerships have led to the development of national flood risk databases, open-source modeling tools, and subsidized insurance programs aimed at increasing coverage in high-risk areas. These initiatives not only foster market growth but also promote resilience and disaster preparedness at the community level. Moreover, the growing emphasis on customer-centric solutions, such as on-demand policies and personalized risk assessments, is enhancing policyholder engagement and satisfaction. As the market matures, stakeholders are increasingly focusing on integrating sustainability and ESG (Environmental, Social, and Governance) criteria into their offerings, further aligning the sector with global risk management and climate adaptation goals.
Regionally, North America continues to dominate the Flood Insurance Tech market, accounting for the largest revenue share in 2024. This leadership is attributed to the region's advanced insurance infrastructure, high adoption of digital technologies, and stringent regulatory frameworks. However, Asia Pacific is emerging as the fastest-growing market, driven by rapid urbanization, increasing flood incidents, and growing awareness of the importance of flood insurance. Europe also holds a significant market share, supported by robust government initiatives and cross-border collaborations to address flood risks. In contrast, Latin America and the Middle East & Africa are gradually catching up, with investments in digital insurance platforms and government-backed risk mitigation programs gaining momentum.
The Flood Insurance Tech market is segmented by component into Software, Hardware, and Services, each playing a crucial role in the ecosystem. The Softwa
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According to our latest research, the Global Floodplain Mapping Services market size was valued at $3.2 billion in 2024 and is projected to reach $7.8 billion by 2033, expanding at a CAGR of 10.1% during the forecast period of 2025–2033. One of the primary growth drivers for this market is the increasing frequency and severity of flooding events worldwide, which has prompted both public and private sectors to invest heavily in advanced floodplain mapping solutions for risk mitigation, urban planning, and disaster preparedness. As climate change continues to alter rainfall patterns and intensify storm events, the demand for precise, real-time floodplain data is surging, compelling governments, municipalities, and industries to adopt sophisticated mapping technologies and services for effective decision-making and resilience planning.
North America currently commands the largest share of the global Floodplain Mapping Services market, accounting for over 38% of total revenue in 2024. This dominance is primarily attributed to the region’s mature regulatory framework, robust technological infrastructure, and proactive government initiatives such as FEMA’s Flood Map Modernization Program in the United States. The widespread adoption of Geographic Information Systems (GIS) and LiDAR-based topographic surveying, coupled with strong collaboration between federal, state, and local agencies, has driven consistent demand for floodplain mapping services. Additionally, stringent land-use policies and the need for accurate flood risk assessments in urban planning and insurance underwriting further reinforce North America’s leading position in the global landscape.
Asia Pacific is emerging as the fastest-growing region, projected to register a remarkable CAGR of 13.4% during 2025–2033. The region’s rapid urbanization, large-scale infrastructure development, and increasing vulnerability to extreme weather events—particularly in countries such as China, India, and Southeast Asian nations—are fueling significant investments in floodplain mapping technologies. Governments across the Asia Pacific are prioritizing the integration of advanced hydrologic and hydraulic modeling tools, GIS mapping, and real-time data analytics to enhance disaster management capabilities and urban resilience. International funding, public-private partnerships, and technology transfers are further accelerating market growth, making Asia Pacific a focal point for innovation and expansion in the floodplain mapping sector.
Emerging economies in Latin America, the Middle East, and Africa are gradually adopting floodplain mapping services, albeit at a slower pace due to budgetary constraints, limited technical expertise, and fragmented policy frameworks. While countries like Brazil, South Africa, and the UAE are making strides in digital mapping and disaster preparedness, many regions still face challenges related to data availability, standardization, and inter-agency coordination. However, increasing awareness of flood risk, international aid programs, and the gradual implementation of national flood management strategies are expected to drive localized demand for mapping services, particularly in urban centers and flood-prone areas. Over time, capacity building, regulatory harmonization, and technology adoption will be crucial to unlocking the full potential of these emerging markets.
| Attributes | Details |
| Report Title | Floodplain Mapping Services Market Research Report 2033 |
| By Service Type | Hydrologic and Hydraulic Modeling, Topographic Surveying, GIS Mapping, Data Analysis and Reporting, Others |
| By Application | Urban Planning, Disaster Management, Insurance, Environmental Management, Infrastructure Development, Others |
| By End-User | Government Agencies, Municipalities, Insurance Companies, Engineering Firms, Others |
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Common-Stock Time Series for DXC Technology Co. DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally. It operates in two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and an extensive partner ecosystem that helps its customers gain insights, automate operations, and accelerate their transformation journeys. It also provides software engineering, consulting, and data analytics solutions, which enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. This segment simplifies, modernizes, and accelerates mission-critical applications that support business agility and growth through application services; provides proprietary modular insurance software and platforms; and operates a wide spectrum of insurance business process services. Additionally, it helps to operate and improve bank card, payment, and lending processes and operations, as well as customer experiences. The GIS segment offers security services such as IT security, operations, and culture for migrating to the cloud, protecting data with a zero-trust strategy, and managing a security operation center. It also provides cloud infrastructure and IT outsourcing services. This segment delivers a consumer-like experience, centralizes IT management and support services, improves the total cost of ownership, and orchestrates hybrid cloud and multicloud environments. The company markets and sells its products through a direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.
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Selling-General-and-Administrative Time Series for DXC Technology Co. DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally. It operates in two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and an extensive partner ecosystem that helps its customers gain insights, automate operations, and accelerate their transformation journeys. It also provides software engineering, consulting, and data analytics solutions, which enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. This segment simplifies, modernizes, and accelerates mission-critical applications that support business agility and growth through application services; provides proprietary modular insurance software and platforms; and operates a wide spectrum of insurance business process services. Additionally, it helps to operate and improve bank card, payment, and lending processes and operations, as well as customer experiences. The GIS segment offers security services such as IT security, operations, and culture for migrating to the cloud, protecting data with a zero-trust strategy, and managing a security operation center. It also provides cloud infrastructure and IT outsourcing services. This segment delivers a consumer-like experience, centralizes IT management and support services, improves the total cost of ownership, and orchestrates hybrid cloud and multicloud environments. The company markets and sells its products through a direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.
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Current-Deferred-Revenue Time Series for DXC Technology Co. DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally. It operates in two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and an extensive partner ecosystem that helps its customers gain insights, automate operations, and accelerate their transformation journeys. It also provides software engineering, consulting, and data analytics solutions, which enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. This segment simplifies, modernizes, and accelerates mission-critical applications that support business agility and growth through application services; provides proprietary modular insurance software and platforms; and operates a wide spectrum of insurance business process services. Additionally, it helps to operate and improve bank card, payment, and lending processes and operations, as well as customer experiences. The GIS segment offers security services such as IT security, operations, and culture for migrating to the cloud, protecting data with a zero-trust strategy, and managing a security operation center. It also provides cloud infrastructure and IT outsourcing services. This segment delivers a consumer-like experience, centralizes IT management and support services, improves the total cost of ownership, and orchestrates hybrid cloud and multicloud environments. The company markets and sells its products through a direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.
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Income-Before-Tax Time Series for DXC Technology Co. DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally. It operates in two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and an extensive partner ecosystem that helps its customers gain insights, automate operations, and accelerate their transformation journeys. It also provides software engineering, consulting, and data analytics solutions, which enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. This segment simplifies, modernizes, and accelerates mission-critical applications that support business agility and growth through application services; provides proprietary modular insurance software and platforms; and operates a wide spectrum of insurance business process services. Additionally, it helps to operate and improve bank card, payment, and lending processes and operations, as well as customer experiences. The GIS segment offers security services such as IT security, operations, and culture for migrating to the cloud, protecting data with a zero-trust strategy, and managing a security operation center. It also provides cloud infrastructure and IT outsourcing services. This segment delivers a consumer-like experience, centralizes IT management and support services, improves the total cost of ownership, and orchestrates hybrid cloud and multicloud environments. The company markets and sells its products through a direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.
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Long-Term-Investments Time Series for DXC Technology Co. DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, the rest of Europe, Australia, and internationally. It operates in two segments: Global Business Services (GBS) and Global Infrastructure Services (GIS). The GBS segment offers a portfolio of analytics services and an extensive partner ecosystem that helps its customers gain insights, automate operations, and accelerate their transformation journeys. It also provides software engineering, consulting, and data analytics solutions, which enable businesses to run and manage their mission-critical functions, transform their operations, and develop new ways of doing business. This segment simplifies, modernizes, and accelerates mission-critical applications that support business agility and growth through application services; provides proprietary modular insurance software and platforms; and operates a wide spectrum of insurance business process services. Additionally, it helps to operate and improve bank card, payment, and lending processes and operations, as well as customer experiences. The GIS segment offers security services such as IT security, operations, and culture for migrating to the cloud, protecting data with a zero-trust strategy, and managing a security operation center. It also provides cloud infrastructure and IT outsourcing services. This segment delivers a consumer-like experience, centralizes IT management and support services, improves the total cost of ownership, and orchestrates hybrid cloud and multicloud environments. The company markets and sells its products through a direct sales force to commercial businesses and public sector enterprises. DXC Technology Company was founded in 1959 and is headquartered in Ashburn, Virginia.
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According to our latest research, the geospatial analytics in insurance market size was valued at USD 2.9 billion in 2024, with a robust compound annual growth rate (CAGR) of 13.8% expected from 2025 to 2033. By the end of the forecast period, the market is projected to reach USD 9.1 billion, driven by increasing adoption of advanced analytics for risk assessment and claims management across the global insurance sector. The rapid integration of geospatial data with core insurance processes is enabling insurers to enhance operational efficiency, improve customer experience, and reduce fraud, which are among the key growth factors fueling this market’s expansion.
The primary growth driver for the geospatial analytics in insurance market is the rising need for precise risk assessment and mitigation strategies. Insurance companies are increasingly leveraging geospatial data to analyze environmental risks such as floods, wildfires, and storms, which significantly impact underwriting and pricing decisions. By integrating satellite imagery, aerial photography, and geographic information systems (GIS), insurers can more accurately evaluate property locations, historical claim patterns, and susceptibility to natural disasters. This granular level of insight not only helps in pricing policies more effectively but also reduces the risk of underwriting losses. Moreover, the increasing frequency and severity of climate-related events have made traditional risk models obsolete, pushing insurers to adopt geospatial analytics as a critical tool for business continuity and resilience.
Another significant factor propelling market growth is the evolving regulatory landscape and the growing emphasis on transparency and compliance within the insurance industry. Regulatory bodies across various regions are mandating the use of data-driven approaches for assessing risk and ensuring fair premium calculations. Geospatial analytics plays a pivotal role in meeting these regulatory requirements by providing verifiable, location-based data that enhances the accuracy of risk evaluation and claim validation. Furthermore, the integration of real-time geospatial data facilitates immediate response to catastrophic events, enabling insurers to streamline claims processing and improve customer satisfaction. As regulations become more stringent, the adoption of geospatial analytics is expected to accelerate, further boosting market growth.
Technological advancements and the proliferation of cloud-based solutions are also contributing to the expansion of the geospatial analytics in insurance market. The advent of artificial intelligence (AI), machine learning, and big data analytics has revolutionized the way geospatial data is collected, processed, and analyzed. Cloud-based geospatial analytics platforms offer scalable and cost-effective solutions, making them accessible to both large enterprises and small and medium-sized insurers. These platforms enable seamless integration with existing insurance management systems, facilitating real-time data sharing and collaboration across departments. The continuous innovation in remote sensing technologies, drones, and IoT devices is further enhancing the quality and granularity of geospatial data, opening new avenues for insurers to optimize their operations and deliver personalized services to their customers.
From a regional perspective, North America continues to dominate the geospatial analytics in insurance market, accounting for the largest revenue share in 2024. The region’s advanced digital infrastructure, high insurance penetration rates, and early adoption of geospatial technologies are key contributors to its market leadership. Europe follows closely, driven by stringent regulatory frameworks and increasing investments in digital transformation initiatives by insurers. Meanwhile, the Asia Pacific region is witnessing the fastest growth, fueled by rapid urbanization, increasing natural disaster occurrences, and rising awareness among insurers about the benefits of geospatial analytics. Latin America and the Middle East & Africa are also emerging as promising markets, albeit at a slower pace, due to gradual technological adoption and evolving insurance landscapes.
The geospatial analytics in insurance market is segmented by component into software, services, and hardware, with each playing a distinct role in shaping