The geospatial imagery analytics market was estimated to grow from USD 9.55 billion in 2021 to USD 67.98 billion by 2028 at an impressive CAGR of 32.1% during the forecast period. Rising demand for GIS services by businesses to understand customer preferences, use of geospatial analytics by enterprises to improve their informational decision making, along with increasing focus of government authorities on enhancing disaster management by analyzing data acquired by satellites and GIS for decreasing the effects of natural calamities are some of the major factors driving the market growth during the forecast period.
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