Geospatial Analytics Industry, Growth by Size, Key Players Profile, In-Depth Qualitative Insights, F
The global Geospatial Analytics Industry is growing continually. The market growth attributes to heavy investments in data analytics. Digital tools for predictive modelling, pricing, and risk selection are the top priorities earmarked for investment in 2021. Other high-priority areas include real-time underwriting performance monitoring and management as well as spending on third-party data sources.
Besides, the increasing adoption of geospatial mapping to scale out digital streaming services boosts the market size. Simultaneously, advances in analytical capabilities in global positioning and geographic information systems escalate the market's growth. According to Market Research Future (MRFR), the global geospatial analytics market is projected to reach exponential valuation by 2027, registering a significant CAGR during the forecast period (2020-2027)
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