Global Geospatial Analytics Market to Reach USD 141.9 Billion by 2028, Driven by Growing Demand for Location Intelligence
The global geospatial analytics market is poised for substantial growth, projected to reach USD 141.9 billion by 2028, with a notable CAGR of 12.6% during the forecast period.
- The global geospatial analytics market is poised for substantial growth, projected to reach USD 141.9 billion by 2028, with a notable CAGR of 12.6% during the forecast period.
- Geospatial analytics, with its foundation in spatial data analysis, offers a comprehensive approach to understanding and extracting insights from geospatial data.
- Geospatial analytics significantly impacts the BFSI sector by enabling enhanced risk assessment and fraud detection through the integration of geospatial and customer data.
- Geospatial analytics enhances the capabilities of the Global Positioning System (GPS) by providing advanced spatial analysis, predictive modeling, and visualization capabilities.