{"id":181558,"date":"2022-06-13T07:07:00","date_gmt":"2022-06-13T07:07:00","guid":{"rendered":"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/advancing-augmenting-usd-1-4-trillion-geospatial-market-by-2030-2\/"},"modified":"2025-05-15T08:38:43","modified_gmt":"2025-05-15T08:38:43","slug":"geospatial-technologies-economic-impact-to-rise-by-460-between-2022-and-2030geospatial-technologies-economic-impact-to-rise-by-460-between-2022-and-2030","status":"publish","type":"post","link":"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?p=181558","title":{"rendered":"Geospatial Technologies&#8217;\u200b Economic Impact to Rise by 460% Between 2022 and 2030"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"181558\" class=\"elementor elementor-181558\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6327086 e-con-full firstcontainer e-flex e-con e-parent\" data-id=\"6327086\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2b10f0f e-con-full e-flex e-con e-child\" data-id=\"2b10f0f\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c9f436f elementor-widget elementor-widget-template\" data-id=\"c9f436f\" data-element_type=\"widget\" data-widget_type=\"template.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-template\">\n\t\t\t\t\t<div data-elementor-type=\"container\" data-elementor-id=\"180611\" class=\"elementor elementor-180611\" data-elementor-post-type=\"elementor_library\">\n\t\t\t\t<div class=\"elementor-element elementor-element-60ce631f e-con-full e-flex e-con e-parent\" data-id=\"60ce631f\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-2bb934a e-con-full e-flex e-con e-child\" data-id=\"2bb934a\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4aa08615 elementor-widget elementor-widget-heading\" data-id=\"4aa08615\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/?cat=1\" rel=\"tag\">Article<\/a><\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20304ae8 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"20304ae8\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Geospatial Technologies&#8217;\u200b Economic Impact to Rise by 460% Between 2022 and 2030<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d287c9a elementor-widget elementor-widget-post-info\" data-id=\"4d287c9a\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-4a66850 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>June 13, 2022<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4f1b5867 e-con-full e-flex e-con e-child\" data-id=\"4f1b5867\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-199adf81 elementor-widget 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https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/06\/11-1536x640.jpg 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-67e0479 e-con-full e-flex e-con e-child\" data-id=\"67e0479\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-97484ef e-con-full e-flex e-con e-child\" data-id=\"97484ef\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d0328f2 elementor-widget elementor-widget-author-box\" data-id=\"d0328f2\" data-element_type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/author\/ananya-narain\/\" target=\"_blank\">\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tAnanyaa Narain\t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/a>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-author-box__bio\">\n\t\t\t\t\t\t<p><b> Vice President- Consulting<\/b>  <br \/>Geospatial World<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f1c994b elementor-widget elementor-widget-heading\" data-id=\"f1c994b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share via:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-206625b elementor-share-buttons--view-icon elementor-share-buttons--skin-minimal elementor-share-buttons--shape-rounded elementor-share-buttons--align-left elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"206625b\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_facebook\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on facebook\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span 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101.9V416z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_email\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on email\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fas-envelope\" viewBox=\"0 0 512 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M502.3 190.8c3.9-3.1 9.7-.2 9.7 4.7V400c0 26.5-21.5 48-48 48H48c-26.5 0-48-21.5-48-48V195.6c0-5 5.7-7.8 9.7-4.7 22.4 17.4 52.1 39.5 154.1 113.6 21.1 15.4 56.7 47.8 92.2 47.6 35.7.3 72-32.8 92.3-47.6 102-74.1 131.6-96.3 154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2a7a960 e-con-full elementor-hidden-tablet elementor-hidden-mobile elementor-hidden-desktop e-flex e-con e-child\" data-id=\"2a7a960\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7649882 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"7649882\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">OUR IMPACT<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-49ac1c7 elementor-widget elementor-widget-heading\" data-id=\"49ac1c7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What's the World Economic Forum doing to <strong>accelerate action on Trade and Investment?<\/strong><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2e4f431 e-con-full e-flex e-con e-child\" data-id=\"2e4f431\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1fb9825 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"1fb9825\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">RELATED REPORTS<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dce746a elementor-skin-carousel elementor-arrows-yes elementor-widget elementor-widget-media-carousel\" data-id=\"dce746a\" data-element_type=\"widget\" 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e-con e-child\" data-id=\"4b6c515\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t<div class=\"elementor-element elementor-element-a98d44f e-con-full e-flex e-con e-child\" data-id=\"a98d44f\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2951593 elementor-widget elementor-widget-heading\" data-id=\"2951593\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">This article is part of:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-714faa6 elementor-widget elementor-widget-post-info\" data-id=\"714faa6\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-a796b1a\" itemprop=\"about\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-terms\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-post-info__terms-list\">\n\t\t\t\t<span class=\"elementor-post-info__terms-list-item\">Geospatial Technologies<\/span>, <span class=\"elementor-post-info__terms-list-item\">Market &amp; Economy<\/span>\t\t\t\t<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f948624 elementor-widget elementor-widget-text-editor\" data-id=\"f948624\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe global economy is expected to grow at real GDP of 5.9 percent and 4.9 percent in 2021 and 2022, respectively. While the world is on track to recover from the COVID-19-induced crisis, faster growth is constrained now by three significant challenges \u2013 the Russia-Ukraine war, high inflation, and a looming economic recession. Though economic recovery is expected to be positive and uneven across countries, economists worldwide fear the regionalisation of trade, leading to increased transaction costs and prolonged higher inflation. Today, leaders at Davos, World Bank officials, and leading world economists are not shying away from adding their bit to the growing chorus of stagflation or a prolonged economic recession \u2013 worrying governments, businesses, and the common person. A lot, therefore, is thus dependent on the choices policymakers make today to recover from the looming crisis and the business strategies which will, if not make better, subsume some of the stagflation impacts. \t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c798a6d elementor-widget elementor-widget-heading\" data-id=\"c798a6d\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Geospatial Technology Revolution<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef714c1 elementor-widget elementor-widget-text-editor\" data-id=\"ef714c1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The world is already in a digital revolution. Digital economy \u2013 driven by adoption of digital technologies across all economic sectors is one of the effective measures to mitigate the negative economic news we hear daily. One of the critical components of digitalisation has been the spurring innovation and impact of #geospatialtechnology. While, even today, I find it hard to make people (including my family) understand the meaning and relevance of geospatial technology in our world \u2013 their rising impact and influence on varied activities of the government, businesses, and citizens cannot be overlooked. Especially today, when forces of world economics (GDP, Inflation, Employment, etc.) struggle, the possibility of deploying \u2018geospatial\u2019 as part of the long-term solution for, say, improving government program\u2019s productivity, efficiency, and effectiveness, increasing business agility and profiles, and facilitating employment and digital inclusion for citizens \u2013 is the need of the hour.<\/p><p>The impact of geospatial can be felt across all sectors \u2013 from when we use the GPS to navigate through the horrendous traffic or the use of earth observation data for accounting GHG concentrations for carbon accounting. Geospatial is used worldwide, ingrained in all workflows in some form or another, and albeit in some cases as an \u2018unrecognised\u2019 feature, for activities such as emergency response, precision farming, efficient asset monitoring \u2013 and so on and so forth! While difficult to estimate, the economic impact of geospatial is so much more and goes beyond the depths of economic impact calculations.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d610478 e-con-full e-flex e-con e-parent\" data-id=\"d610478\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div class=\"elementor-element elementor-element-df9807c e-con-full e-flex e-con e-child\" data-id=\"df9807c\" data-element_type=\"container\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;],&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_offset&quot;:0,&quot;sticky_effects_offset&quot;:0}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3554947 elementor-widget elementor-widget-heading\" data-id=\"3554947\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">USD 30.24 Trillion in Economic Impact\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60cde11 para elementor-widget elementor-widget-text-editor\" data-id=\"60cde11\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The\u00a0<a href=\"https:\/\/www.geospatialworld.net\/consulting\/reports\/geobuiz\/2022\/\" target=\"_blank\" rel=\"nofollow noopener\"><strong>GeoBuiz-22: Global Geospatial Industry Outlook<\/strong><\/a>\u2013 a product of Geospatial World\u2019s Consulting Division, brings forth the direct economic impact of geospatial technologies for different regions and sectors. The report estimates that the economic impact of geospatial technologies on the global economy is going to rise by approximately 89% between 2022 and 2025 and by 196% between 2025 and 2030 (high-range) on the backdrop of public policy reforms and increasing investments in geospatial infrastructure (both public and private) and industry acceleration programs worldwide.<\/p><p>The Geospatial industry has indeed been lucky during the past two years, as governments worldwide recognized the\u00a0<strong>power of location\u00a0<\/strong>in addressing the COVID-19 situation, mass vaccination drives, supply chain disruptions, and lockdown struggles of the AEC industry, to name a few. The COVID-19 pandemic was brutal on the world as a whole, yet we surfaced through in bits and pieces, and geospatial technology had a crucial role to play in it. Today, the geospatial industry has gone a step ahead to address the world&#8217;s critical problems \u2013 climate change, poverty, sustainable cities, communities, etc. This has only raised the bar for what all geospatial technologies can be used for and how relevant is its innovation and impact to the world economy and society. After all, a probable USD 1.4 trillion industry (in 2030) providing solutions for various sustainability and socio-economic and environmental issues; leading to an impact of USD 30.24 trillion (high-range) in 2030 \u2013 how can that not help economic growth?<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3edd5ad e-con-full e-flex e-con e-child\" data-id=\"3edd5ad\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6af4753 elementor-widget elementor-widget-image\" data-id=\"6af4753\" data-element_type=\"widget\" data-settings=\"{&quot;sticky&quot;:&quot;top&quot;,&quot;sticky_offset&quot;:125,&quot;sticky_parent&quot;:&quot;yes&quot;,&quot;sticky_on&quot;:[&quot;desktop&quot;,&quot;tablet&quot;,&quot;mobile&quot;],&quot;sticky_effects_offset&quot;:0}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/06\/1655106929838.png\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"1655106929838\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6MTgxOTAxLCJ1cmwiOiJodHRwczpcL1wvZ2Vvc3BhdGlhbHdvcmxkLm5ldFwvY29uc3VsdGluZ1wvZ3ctbWFya2V0LWluc2lnaHRzXC93cC1jb250ZW50XC91cGxvYWRzXC8yMDIyXC8wNlwvMTY1NTEwNjkyOTgzOC5wbmcifQ%3D%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"914\" height=\"446\" src=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/06\/1655106929838.png\" class=\"attachment-full size-full wp-image-181901\" alt=\"\" srcset=\"https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/06\/1655106929838.png 914w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/06\/1655106929838-300x146.png 300w, https:\/\/geospatialworld.net\/consulting\/gw-market-insights\/wp-content\/uploads\/2022\/06\/1655106929838-768x375.png 768w\" sizes=\"(max-width: 914px) 100vw, 914px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Source: GW Consulting Analysis<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a02b52b e-con-full e-flex e-con e-child\" data-id=\"a02b52b\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-56393a7 e-con-full e-flex e-con e-child\" data-id=\"56393a7\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-80bbb4d e-con-full e-flex e-con e-child\" data-id=\"80bbb4d\" 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23.715-4.548 46.456-13.32 66.599-25.34-7.798 24.366-24.366 44.833-46.132 57.827 21.117-2.273 41.584-8.122 60.426-16.243-14.292 20.791-32.161 39.308-52.628 54.253z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div\n\t\t\t\t\t\t\tclass=\"elementor-share-btn elementor-share-btn_linkedin\"\n\t\t\t\t\t\t\trole=\"button\"\n\t\t\t\t\t\t\ttabindex=\"0\"\n\t\t\t\t\t\t\taria-label=\"Share on linkedin\"\n\t\t\t\t\t\t>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<svg class=\"e-font-icon-svg e-fab-linkedin\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 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154-113.7zM256 320c23.2.4 56.6-29.2 73.4-41.4 132.7-96.3 142.8-104.7 173.4-128.7 5.8-4.5 9.2-11.5 9.2-18.9v-19c0-26.5-21.5-48-48-48H48C21.5 64 0 85.5 0 112v19c0 7.4 3.4 14.3 9.2 18.9 30.6 23.9 40.7 32.4 173.4 128.7 16.8 12.2 50.2 41.8 73.4 41.4z\"><\/path><\/svg>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d7f1ef5 e-con-full e-flex e-con e-child\" data-id=\"d7f1ef5\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7640d23 e-flex e-con-boxed e-con e-parent\" data-id=\"7640d23\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9d05b14 elementor-widget elementor-widget-template\" 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