Federal Geographic Data Committee (FGDC) - The Geospatial Data Act of 2018 (GDA) was signed into law by the President on October 5, 2018. The GDA was included as a component of the FAA Reauthorization Act (H.R. 302, P.L. 115-254).

The article cited AMA's "Global Geospatial Analytics Market Study" explored CAGR of 13.0%. According to the report, Integration of Geospatial Technology with Mainstream Technologies is one of the primary growth factors for the market. Increasing Penetration of Automation, Cloud, Internet of Things (IoT) Technology is also expected to contribute significantly to the Geospatial Analytics market. Overall, Telecommunications applications of Geospatial Analytics, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Components, such as Software, is boosting the Geospatial Analytics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Industry Vertical, such as Communication, is boosting the Geospatial Analytics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Technology, such as Remote Sensing, is boosting the Geospatial Analytics market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMA’s Analyst on the Global Geospatial Analytics market identified that the demand is rising in many different parts of the world as "Miniaturization of Sensors are Adding to the Momentum of the Geospatial Industry ". Furthermore, some recent industry insights like "In November 2023, Esri launched ArcGIS Earth, a new 3D mapping platform designed for exploring and analyzing geospatial data. This product leverages Esri's expertise in GIS with cloud-based technology for a more immersive and interactive experience." which is constantly making the industry very dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Geospatial Analytics market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Geospatial Analytics market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Geospatial Analytics market size is calculated using market estimation process, the Geospatial Analytics market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Geospatial Analytics market size has been validated using both top-down and bottom-up approaches.