The surface analytics segment within the geospatial analytics industry

One can observe that, as companies are seeking ways to increase revenues and reduce costs, there is an interesting demand for the integration of geospatial technologies with mainstream technologies, which is fueling the growth of the geospatial analytics market

For those who are unfamiliar, Surface analytics is a process of measuring geographical data such as, the flow of materials and water across surfaces, and evaluating sight lines and routes across landscapes. Surface analytics solutions are expected to be adopted in almost every industry vertical to facilitate strategic decisions

According to Research and Markets, the geospatial analytics market is projected to grow from USD 30.71 Billion in 2016 to USD 73.91 Billion by 2021, at a high CAGR of 19.2% during the forecast period.