Data Related Concepts

Geospatial Data

Geospatial data combines information from a database with information from a place, such as a region, street, or census block. It allows you to simulate the actual world in real time. With the discovery that geospatial data can provide new levels of insight and information, geospatial data is now used in almost every market and institution around the globe. It has become a critical component of how organizations throughout the world run their operations. This growth suggests that including geospatial data into any data collection or analysis endeavour is advantageous. The global geospatial analytics market size was valued at $60.94 billion in 2020, & is projected to reach $209.47 billion by 2030, at a CAGR of 13.0% during forecast period.