Geospatial Analytics Market worth $96.3 billion by 2025 – Exclusive Report by MarketsandMarkets™

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According to the new market research report “Geospatial Analytics Market by Component, Solution (Geocoding and Reverse Geocoding, Thematic Mapping and Spatial Analytics), Service (Consulting), Type, Technology, Deployment Mode, Organization Size, Application, Vertical, Region – Global Forecast to 2025”, published by MarketsandMarkets™, the Geospatial Analytics Market size is projected to grow from USD 52.6 billion in 2020 to USD 96.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.9% during the forecast period. The major factors driving the growth of the Geospatial Analytics Market include the increasing number of AI and ML based GIS solutions, development of smart cities and urbanization, increased deployment of IoT sensors across locations, and advancement of bid data analytics for organizations by improving the workflow.

This information was first published on https://news.yahoo.com/geospatial-analytics-market-worth-96-153000345.html

John Jason Fallows

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