Middle East and North Africa Geovisualization Market

Overview

Middle East and North Africa Geovisualization Market reached US$ 179.8 million in 2023 and is expected to reach US$ 484.0 million by 2031, growing with a CAGR of 13.2% during the forecast period 2024-2031.

Investments in geovisualization infrastructure and services are being driven by government efforts such as sustainable development goals, digital transformation agendas and smart city-related projects. Partnerships between public and commercial sector organizations are also encouraging innovation and collaboration in developing and application of geovisualization technologies.

Increased investment in AI and geovisualization technology in UAE may result from mergers and partnerships. The merged companies may be viewed by investors as having more innovative and market-leading potential, which might result in more funding for R&D, expanding the infrastructure and launching marketing campaigns in the region.

For instance, in January 20224, to establish the first AI space company in the Middle East, Bayanat and YahSat merged. The US$ 4 billion amalgamation of the two companies would establish UAE's first AI-powered space company by mid-2024. By combining, the two companies would become the largest AI-driven space technology and geospatial firm in the Middle East and the wider MENA (Middle East & North Africa) region, placing Abu Dhabi at the forefront of innovative technology. Therefore, UAE is leading the geovisulization market by significant margin and expected to dominate during the forecasted period with highest CAGR growth.

Dynamics

Governments Growing Initiatives and Collaborations

The objective of the large-scale smart city projects that several MENA governments have started is to use technology to enhance urban living. A crucial element of these initiatives is visualization, which promotes effective resource allocation, community participation and data-driven decision-making. Innovation in smart city solutions is propelled by partnerships among government agencies, technological companies and academic institutions.

For instance, in October 2023, an MOU on the geospatial industry in Riyadh was signed by the General Authority for Survey and Geospatial Information and NEOM, Saudi Arabia's future city. Aside from geodesy, remote sensing, aerial surveying and photography, management organization, licensing, qualification and exchanging geospatial data and information to find technical and technological solutions in the management of cognitive cities, the Memorandum of understanding between NEOM and GASGI also addresses associated geospatial infrastructure.

Strategic Alliances Promoting Innovation in the Geovisualization Industry in Dubai

The Dubai Municipality and Ordnance Survey signed a geospatial data contract in 2022. Two agreements have been made between Ordnance Survey and the Dubai municipality to leverage geospatial data and expertise, promote innovation and help develop vital services for Dubai residents, tourists and citizens. The collaboration will support the creation and management of Dubai's building industry. To better serve customers and other interested parties in the building and construction industry in the Emirate, the Ordnance Survey (OS) will work with the Building Regulation and Permits Agency.

In order to support teams working in the areas of executive planning, building permits, survey services, monitoring activities and geographic information systems, OS will offer the Dubai Municipality its experience. The collaboration is to enhance cadastral operations and reliable, up-to-date geospatial data to facilitate better planning and building procedures in the Emirate of Dubai.

Limited Infrastructure in North African Countries

Due to their underdeveloped digital infrastructure, many North African nations struggle with issues including poor internet connectivity and restricted access to modern computing capabilities. The could make it more difficult for geovisualization technologies to be adopted and used since they frequently call for substantial computer power and fast internet access.

Computationally demanding operations including producing 3D maps, carrying out spatial analysis and executing simulation models are frequently a part of geovisualization. Scalability and performance issues with geovisualization applications might arise from limited access to advanced computing resources in certain North African nations, such as cloud computing infrastructure and high-performance computing clusters.

Segment Analysis

The Geovisualization market is segmented based on component, deployment model, application, end-user and region.

Protecting Geospatial Integrity Through Software Solutions

Geovisualization providers can improve platform trust and dependability by developing and rolling out software solutions that counter malware attacks. If users in the MENA region have conviction in the security and integrity of the underlying data, they are more likely to utilize geovisualization technology, including enterprises, government agencies and private citizens.

The appeal of using geospatial technology as the foundation of a business model has increased with the development of increasingly sophisticated AI. Several startups have released web services and apps that function as Google Maps substitutes. Additionally, other entrepreneurs concentrate on offering geospatial solutions to assist businesses in developing precise maps, navigational aids, tools for logistics and transportation and other applications

The issue is that threats are increasingly using geospatial technologies as target due to their growing popularity. For instance, a 2020 assault known as Nefilim disrupted operations and erased data from geographic information systems (GIS). Cyberattacks targeting geospatial data and technologies are grave issues that require attention. Therefore, the software segment augments the sale in the regional product market.

Geographical Penetration

Saudi Government's Strategic Investments Propel Geospatial Infrastructure Development

The Saudi government development has been continoulsy investing on the development of geospatial infrastructure, such as GIS databases, spatial data infrastructure. The objective of these investments is to enhance the accessibility and interoperability of data, thereby furnishing a robust basis for geovisualization applications in diverse domains such as government, defense and oil and gas.

In October 2022, Esri and ROSHN will use geospatial technology in roder to improve the real estate development across Saudi Arabia. ROSHN and Esri, the world leader in location intelligence, have inked a memorandum of understanding to support ROSHN's vision and ongoing projects in the region. Therefore, above development supports the facts that Saudi Arabia is the most significant emerging country in terms of the geo-spatial developments, which further in turn drive the growth of the market with highest CAGR amongst all MENA countries.

Competitive Landscape

The major global players in the market include Environmental Systems Research Institute, Inc. (ESRI) oracle Corporation, Fugro N.V, Hexagon AB, RMSI Pvt. Ltd, Trimble Inc, Alteryx, Inc, SAP SE, Google LLC and WKC Group.

COVID-19 Impact

During the pandemic, geovisualization technologies were essential in assisting with emergency reaction and preparation. In the MENA region, government authorities and healthcare institutions tracked the development of COVID-19, identified high-risk locations, distributed resources and more successfully implemented containment measures by using geospatial data and mapping tools.

Funding and other investments on technological initiatives, including geovisualization projects, was curtailed as a result of the pandemic's effects on the economy and financial limitations. The was especially true in industries highly impacted by the crisis, like retail, real estate and tourism. The MENA region's geovisualization market's growth potential was adversely affected by this investment slowdown.

AI Impact

AI technologies are critical to supporting smart city efforts and IoT (Internet of Things) applications in the MENA area. Cities may use AI-powered geovisualization systems, sensor networks and IoT devices to analyze real-time geospatial data to optimize urban services, improve traffic management, increase public safety and promote sustainability.

While AI has significant benefits for the MENA geovisualization business, it additionally increases concerns about data privacy and prejudice. Organizations must address these concerns proactively by establishing strong data governance frameworks, ensuring transparency and responsibility in AI algorithms and encouraging ethical AI activities.

Russia-Ukraine War Impact

Concerns about security in the region have grown as a result of the war between Russia and Ukraine, particularly among the neighboring nations of Eastern and Middle Eastern Europe. MENA region military spending, border monitoring and strategic planning projects may rise as a result of growing geopolitical tensions. Geovisualization technologies could be utilized to support defense and security programs that monitor prospective threats and manage geopolitical concerns.

While the direct impact of the Russia-Ukraine war on the MENA geovisualization market is likely to be low, indirect repercussions from economic, energy, security and humanitarian issues may have an impact on regional market dynamics and decision-making processes.

By Component

• Hardware
• Software
• Services

By Deployment Model

• Cloud
• On-Premise

By Application

• Location Intelligence
• Risk Management
• Urban Planning
• Environmental Management
• Others

By End-User

• Natural Resources
• Security & Defense
• BFSI
• Media & Entertainment
• Healthcare
• Architecture, Engineering & Construction
• Education
• Others

By Country

• Saudi Arabia
• UAE
• Oman
• Bahrain
• Qatar
• Kuwait
• Egypt
• Iran
• Iraq
• Israel
• Rest of Middle East and North Africa

Key Developments

• In January 20224, to establish the first AI space company in the Middle East, Bayanat and YahSat merged. The US$ 4 billion amalgamation of the two companies would establish UAE's first AI-powered space company by mid-2024.
• In October 2022, Collectively, Esri and ROSHN will use geospatial technology to improve real estate development in Saudi Arabia.
• In 2021, To geo-enable Emirates Real Estate Solutions' land development and land market solutions and service offerings to the global land development and real estate market, Khatib & Alami (K&A) will leverage Esri's ArcGIS Deployment Model. Collectively, investors and regulators will be able to map and analyze market developments.

Why Purchase the Report?

• To visualize the Geovisualization market segmentation based on component, deployment model, application, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of GIS mobile based applications market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The Middle East and North Africa Geovisualization Market report would provide approximately 45 tables, 30 figures and 155 pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies