Connect with us

Technology

Geospatial Analytics Market to grow by USD 127.2 Billion from 2024-2028, driven by healthcare and insurance sectors, AI’s impact on trends – Technavio

Published

on

NEW YORK, Dec. 4, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global geospatial analytics market size is estimated to grow by USD 127.2 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 18.68% during the forecast period. Increasing adoption of geospatial data analytics in healthcare and insurance sectors is driving market growth, with a trend towards emerging methods in data collection and generation. However, data privacy and security concerns poses a challenge. Key market players include Alphabet Inc., Alteryx Inc., Autodesk Inc., Bentley Systems Inc., CartoDB Inc., Development Seed, Esri Global Inc., Fugro NV, General Electric Co., Geomap Co., Hexagon AB, International Business Machines Corp., L3Harris Technologies Inc., Maxar Technologies Inc., Pitney Bowes Inc., QlikTech international AB, SAP SE, TomTom NV, Topcon Positioning Systems Inc., and Trimble Inc..

AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View Free Sample Report PDF

Forecast period

2024-2028

Base Year

2023

Historic Data

2017 – 2021

Segment Covered

Technology (GPS, GIS, Remote sensing, and Others), End-user (BFSI, Government and utilities, Telecom, Manufacturing and automotive, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America)

Region Covered

North America, Europe, APAC, Middle East and Africa, and South America

Key companies profiled

Alphabet Inc., Alteryx Inc., Autodesk Inc., Bentley Systems Inc., CartoDB Inc., Development Seed, Esri Global Inc., Fugro NV, General Electric Co., Geomap Co., Hexagon AB, International Business Machines Corp., L3Harris Technologies Inc., Maxar Technologies Inc., Pitney Bowes Inc., QlikTech international AB, SAP SE, TomTom NV, Topcon Positioning Systems Inc., and Trimble Inc.

Key Market Trends Fueling Growth

The Geospatial Analytics market is thriving, with Medium Scale Enterprises (MSEs) increasingly adopting this technology for Disaster Risk Reduction. Hexagon, DigitalGlobe, ESRI, and others lead the way, offering 4-dimensional GIS software and Big Data analysis. AI and ML are key drivers, with IoT providing real-time data. Hexagon’s Precisely and Maxar Technologies use 5G for supply chain optimization. Yale University researches AI and ML in GIS. Web-based GIS Platforms like Esri’s ArcGIS Online, Google Maps Platform, and Mapbox are popular. Lack of standardization and a skilled workforce pose challenges. Large Enterprises dominate, but MSEs and sectors like Defense & Internal Security, Retail & Logistics, Energy & Utilities, Agriculture, Healthcare & Life Sciences, Infrastructure, and others are investing. GDPR, SPDI, and geospatial data privacy are concerns. Companies like Alteryx, Fugro, Orbital Insights, Mapidea, Geospin, Sparkgeo, Descartes Lab, Skymap Global, and Geospin provide solutions. JavaScript and WebGL enable web mapping. 

The geospatial analytics market is experiencing significant advancements due to innovative data collection methods. Real-time spatiotemporal data, enabled by real-time interactive GPS/GIS and mobile capabilities, is leading to more detailed, specific, and updated GIS features. Additionally, the smallsat revolution is transforming the remote sensing industry with cost-effective satellite technologies and new space business models. These developments are enhancing the market’s efficiency and providing valuable insights for businesses. 

Insights on how AI is driving innovation, efficiency, and market growth- Request Sample!

Market Challenges

The geospatial analytics market is growing rapidly, with Medium Scale Enterprises (MSEs) increasingly adopting this technology for various applications, including Disaster Risk Reduction. AI and ML are key drivers, with Hexagon, DigitalGlobe, ESRI, and others leading the way in Big Data analysis. However, challenges persist, such as the lack of standardization and a skilled workforce. IoT, 5G technology, and web-based GIS platforms like JavaScript and WebGL are transforming the industry. Geospatial analytics is essential for sectors like Defense & Internal Security, Retail & Logistics, Energy & Utilities, Agriculture, Healthcare & Life Sciences, Infrastructure, and more. Companies like Precisely, Maxar Technologies, and Fugro are innovating with 4-dimensional GIS software and Disaster Response Programs. GDPR, SPDI, and geospatial data privacy are important considerations. AI, ML, and GIS tools from Orbital Insights, Maplarge, Geospin, Sparkgeo, Descartes Labs, Skymap Global, Alteryx, and others are shaping the future of this dynamic market.Organizations face significant challenges in implementing geospatial analytics due to data privacy and security concerns. With the increasing interconnectivity of devices through the Internet, critical data transfer over networks becomes essential. However, this also increases the risk of cybersecurity threats and data breaches. The IoT revolution brings together physical and virtual worlds, leading to a large-scale network of interconnected devices. Ensuring data security in such an environment is crucial. Organizations must establish a highly secured network to protect their sensitive information. Interoperability issues among multiple devices may also arise, adding to the complexity. Addressing these challenges requires a cybersecurity strategy and effective network management.

Insights into how AI is reshaping industries and driving growth- Download a Sample Report

Segment Overview 

This geospatial analytics market report extensively covers market segmentation by

Technology 1.1 GPS1.2 GIS1.3 Remote sensing1.4 OthersEnd-user 2.1 BFSI2.2 Government and utilities2.3 Telecom2.4 Manufacturing and automotive2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 GPS- The Global Geospatial Analytics Market was led by the GPS segment in 2023, and this trend is projected to continue throughout the forecast period. GPS, a satellite-based navigation system, is a key technology in Geospatial Analytics. Operated by the US Space Force, GPS provides geolocation and time information to receivers worldwide. Its applications include georeferencing, positioning, navigation, and time and frequency control. In the context of Geospatial Analytics, GPS functions as a crucial data input for GIS, enabling precise geospatial data location and collection in the field. Consequently, the demand for GPS technology is anticipated to drive the growth of the Global Geospatial Analytics Market during the forecast period.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2017 – 2021) 

Research Analysis

The Geospatial Analytics Market is experiencing significant growth due to the increasing demand for location intelligence in various industries, particularly Medium Scale Enterprises (MSEs). Disaster Risk Reduction is a major application area, where real-time geospatial analytics can save lives and minimize damage. AI and ML technologies are revolutionizing geospatial analytics by enabling advanced data processing and pattern recognition. IoT sensors generate vast amounts of geospatial data, requiring Big Data analysis tools to extract valuable insights. Hexagon, Luciad V2019, DigitalGlobe, and Pitney Bowes are leading providers of geospatial analytics solutions. AI and ML algorithms, powered by 5G technology, are enhancing the capabilities of web-based GIS Platforms. JavaScript and HTML5 are popular programming languages for developing geospatial applications. Supply chain optimization is another key application area, leveraging geospatial analytics to improve efficiency and reduce costs.

Market Research Overview

The Geospatial Analytics Market is experiencing significant growth due to the increasing demand for location intelligence in various industries. Medium Scale Enterprises (MSEs) are leveraging geospatial analytics for Disaster Risk Reduction, Supply Chain Optimization, and Infrastructure Planning. Advanced technologies like AI and ML, IoT, and 5G are revolutionizing the market by enabling real-time data processing and analysis. Hexagon, DigitalGlobe, ESRI, and other key players offer 4-dimensional GIS software for 3D visualization and analysis. Yale University and other research institutions are exploring the use of Artificial Intelligence and Machine Learning in Geospatial Analytics. Web-based GIS Platforms like Esri’s ArcGIS Online, Google Maps Platform, and Mapbox are making geospatial analytics more accessible. However, challenges like Lack of Standardization, Skilled Workforce, and GDPR compliance persist. Industries like Defense & Internal Security, Retail & Logistics, Energy & Utilities, Agriculture, Healthcare & Life Sciences, and Infrastructure are major consumers of Geospatial Analytics. SPDI, Precisely, Maxar Technologies, Maplarge, Fugro, Orbital Insights, Mapidea, Geospin, Sparkgeo, Descartes Lab, Skymap Global, and Alteryx are some of the prominent players in the market. JavaScript and WebGL are popular programming languages for building geospatial applications.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyGPSGISRemote SensingOthersEnd-userBFSIGovernment And UtilitiesTelecomManufacturing And AutomotiveOthersGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/geospatial-analytics-market-to-grow-by-usd-127-2-billion-from-2024-2028–driven-by-healthcare-and-insurance-sectors-ais-impact-on-trends—technavio-302320939.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Cambium Networks Introduces High Density Wi-Fi 7 Solution for the Enterprise

Published

on

By

New tri-band, software-definable Wi-Fi 7 solution delivers precision directive coverage with AI optimization for exhibition halls, auditoriums, warehouses, and other high-density environments.

HOFFMAN ESTATES, Ill., July 22, 2026 /PRNewswire/ — Cambium Networks, a leading global provider of networking solutions, today announced a new Wi-Fi 7 high-density access point – the X7-56X – engineered to deliver high-performance wireless connectivity in the most demanding environments. Designed to meet the needs of large public venues, exhibition halls, busy public spaces, and educational campuses, the solution combines focused RF coverage, AI-driven optimization, and cloud-managed simplicity in a high-capacity platform.

The X7-56X extends Cambium Networks’ Wi-Fi 7 portfolio with a software-definable tri-band architecture featuring 60° x 60° directive antennas designed for precision coverage and reduced co-channel interference in congested RF environments. The platform supports up to 1,280 clients per access point and up to 17.9 Gbps aggregate wireless capacity across the three Wi-Fi spectrum bands.

“The X7-56X performed very well in our ticket scanning points that have high ceilings and see significant foot traffic volume,” said Jonathan West from the National Ice Centre in Nottingham, UK. “What makes this AP practical for a venue like ours is the integrated 60×60 degree antennas that eliminate separate antennas and cabling and can add significant cost, complexity, and footprint to every mount. Engineering all of that into one unit expedites installation and improves aesthetics as well. This form factor will extend to applications in our seating bowl as well.” 

“What excites me about the X7-56X is how well its directional approach works for some of our toughest spaces, such as auditoriums at capacity or the basketball arena on game night,” said Jeremy Petticrew, Network Engineer at University of Mary Hardin-Baylor. “Precisely controlling Wi-Fi coverage has always been the hard part, and having an AP designed specifically for that, inside a platform we already trust, is a real advantage as device counts keep climbing.”

The X7-56X integrates with Cambium’s ONE Network architecture comprised of Wi-Fi, switching, security, SD-WAN, wireless backhaul, and fiber – all managed through the cloud via cnMaestro™ X. This unified approach provides centralized visibility and control across the entire network infrastructure from a single source of truth.

The new solution provides a compelling Total Cost of Ownership (TCO) proposition by reducing the amount of equipment required in typical installations. These advantages are enabled by:

Directive antennas that focus Wi-Fi coverage only where needed – a spotlight approach vs. the floodlight type of inefficiencies of omni-directional antennas

Integrated Wi-Fi controller in every AP, eliminating the need for separate appliance or VM-based controller solutions

Software-defined radios that enable flexible deployment of the 5GHz and 6GHz Wi-Fi bands matched to environment needs, reducing the number of APs required

Key capabilities of the X7-56X include:

Tri-radio, tri-band Wi-Fi 7 architecture

4×4 MU-MIMO support with ten total spatial streams

60° x 60° directive antenna for precision coverage

Air Cleaner technology for high-density RF optimization

AI-based Assurance for improved operational efficiency and problem resolution

Software-definable radios supporting flexible 5 GHz and 6 GHz migration

Built-in IoT radio supporting BLE 5.1, Zigbee, Matter, and Thread

Simplified installation with the MarketApps Installer mobile-based app and flexible mounting options

Cloud-based management through cnMaestro™

“High-performance Wi-Fi requires more than just raw throughput,” said Bruce Miller, VP Enterprise Product Management at Cambium Networks. “Intelligent RF management, flexible deployment options, and simplified operations are key to support growing device counts, IoT proliferation, and AI-powered applications. The X7-56X was purpose-built for these challenges while at the same time delivering compelling economics for enterprise IT and managed service providers.”

“The X7-56X brings together several technologies that are particularly valuable in high-density environments,” said Kevin Tolly, Founder of The Tolly Group. “The directive antenna design, Wi-Fi 7 architecture, integrated IoT capabilities, and cloud-managed operation provide organizations with a practical approach to supporting growing connectivity requirements while maintaining operational simplicity.”

View the Tolly Group preview video of the X7-56X, showcasing the access point’s ultra-high-density design, Wi-Fi 7 capabilities, deployment flexibility, and performance advantages for demanding enterprise environments.

Cambium Networks’ directional Wi-Fi 7 innovation was recently highlighted by Wi-Fi NOW in an Expert Insights article by CEO and Chairman Claus Hetting.

Watch our webinar replay, “High-Performance Wi-Fi with New Wi-Fi 7 and 6 GHz Solutions.”

About Cambium Networks

Cambium Networks enables service providers, enterprises, industrial organizations, and governments to deliver exceptional digital experiences, and device connectivity, with compelling economics. Our ONE Network platform simplifies management of Cambium Networks’ wired and wireless broadband and network edge technologies. Our customers can focus more resources on managing their business rather than the network. We make connectivity that just works.

Media Contact

pr@cambiumnetworks.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/cambium-networks-introduces-high-density-wi-fi-7-solution-for-the-enterprise-302832358.html

SOURCE Cambium Networks

Continue Reading

Technology

OCEAN Launches Portal, the First End-to-End Encrypted Pool Dashboard for Bitcoin Miners

Published

on

By

New customizable dashboard gives miners operation-wide tools without surrendering privacy or identity

MIAMI, July 22, 2026 /PRNewswire/ — Today OCEAN announced the launch of OCEAN Portal, a customizable, end-to-end encrypted dashboard that gives Bitcoin miners a complete view of their operation. PORTAL was unveiled on stage at Mining Disrupt 2026, the world’s largest Bitcoin mining expo and conference, held July 21-23 at the Miami Airport Convention Center, by OCEAN President Mark Artymko. PORTAL is available now, for free, to all miners on OCEAN at portal.ocean.xyz.

OCEAN was built permissionless from the ground up, a deliberate design choice that, like Bitcoin itself, gives miners unhindered access to their own information. Traditional pools organize miner data by storing it on their own servers. OCEAN Portal delivers that same organized, polished experience while keeping miners fully in control: a permissionless, encrypted view of your mining addresses with the look and feel of an enterprise-style dashboard. Miners can combine multiple Bitcoin addresses into a single view, organize addresses by site, and assign human-readable names to sites, workers, and teams. Portal includes site-specific statistics, worker insights, payout information in Bitcoin and fiat, robust reporting tools, and access controls that let operators share full dashboards with their teams or generate expiring read-only links for clients. No account or email is required. Miners sign in with a Bitcoin address and a password they create. The convenience of enterprise dashboards, with the security of OCEAN.

“PORTAL was built in direct response to miner feedback,” said Mark Artymko, President of OCEAN. “Some of our miners told us that a customizable dashboard was the only thing standing between their full stack of hashrate and the pool. OCEAN heard them, and built it.”

PORTAL is powered by Sub-space Locker, an application-independent encrypted storage and access-control system developed by OCEAN. Built on public-key cryptography, Sub-space Locker authenticates users, stores encrypted application data, and controls what each user can access. Encryption and decryption happen locally in the user’s browser, leaving OCEAN and other intermediaries unable to read the underlying data.

“Every mining pool dashboard on earth makes the same trade: your tooling for your identity,” said Jason Hughes, VP of Engineering at OCEAN. “PORTAL refuses that trade. Miners get pool-grade information in the most sovereign way possible. We couldn’t read their data even if we tried.”

Since launching in 2023, OCEAN has focused on returning sovereignty to Bitcoin miners through permissionless, non-custodial pooled mining, fully transparent and auditable TIDES payouts, and DATUM, which puts block template construction back in miners’ hands. PORTAL extends that mission from the pool to the mining operation itself.

OCEAN Portal is available now at portal.ocean.xyz.

About OCEAN

OCEAN is a Bitcoin mining pool built on miner sovereignty. Operated by Mummolin, Inc., OCEAN offers non-custodial payouts, transparent reward accounting, and DATUM, the only pool technology that lets individual miners construct their own block templates.

Media Contact Ian Northon media@ocean.xyz

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/ocean-launches-portal-the-first-end-to-end-encrypted-pool-dashboard-for-bitcoin-miners-302831868.html

SOURCE Mummolin Inc

Continue Reading

Technology

PlayVS and Scouting America Announce Gaming Activation at the 2026 National Jamboree

Published

on

By

New immersive gaming hub will bring structured esports competition, casual play, and digital citizenship programming to Scouts at Summit Bechtel Reserve

LOS ANGELES, July 22, 2026 /PRNewswire/ — PlayVS, North America’s leading scholastic gaming platform, today announced a partnership with Scouting America to bring a state-of-the-art gaming activation to the 2026 National Jamboree, taking place July 22–31, 2026. One of Scouting America’s premier youth gatherings, the National Jamboree at Summit Bechtel Reserve in West Virginia, brings Scouts together from across the country for adventure, fellowship, skill-building, and shared experiences.

Running throughout the National Jamboree, the PlayVS Arena will offer a rotating schedule of competitive tournaments, leaderboard challenges, casual gaming, and hands-on technology experiences. Designed for Scouts of all experience levels, the activation promotes teamwork, digital citizenship, sportsmanship, and healthy competition while creating a welcoming space for Scouts to connect over a shared passion for gaming. The arena gives Scouts the opportunity to connect with friends, test their skills, and experience organized esports in an environment designed for participation, sportsmanship, and fun.

“At PlayVS, we believe gaming can be a powerful way for young people to build confidence, practice teamwork, and develop meaningful connections,” said Andrew Barnett, Partnership Lead. “Partnering with Scouting America allows us to bring that experience to one of the country’s most iconic youth gatherings and show how structured gaming can complement the values of leadership, fellowship, and skill-building that Scouting has championed for generations.”

The gaming activation will feature a high-tech mobile gaming trailer outfitted with gaming stations, virtual reality experiences, and a professional racing simulator. A dedicated event tent located alongside the trailer will expand the experience with additional console stations for free play, spectating, and community engagement throughout the Jamboree.

PlayVS aims to deliver a memorable gaming experience that brings together the excitement of play with the values of leadership, teamwork, and community.

About PlayVS

PlayVS is North America’s leading scholastic and collegiate gaming platform, helping students unlock the educational, social, and personal benefits of competitive gaming. The company brings together students, coaches, educators, and schools through structured, education-aligned competition across K–12 and college. PlayVS is the official esports partner of the NFHS Network, the Special Olympics, and state and regional organizations across the U.S. and Canada. To learn more, visit playvs.com.

Media Contact:
press@playvs.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/playvs-and-scouting-america-announce-gaming-activation-at-the-2026-national-jamboree-302831072.html

SOURCE PlayVS

Continue Reading

Trending