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India's geospatial market set to hit Rs 1L cr by 2030
The Daily Guardian
|November 25, 2024
As per the report, the advancements in geospatial technologies, including GNSS, GIS, earth observation, and sensor technologies will fuel the growth.
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India's geospatial market will reach Rs 1 lakh crore, growing at a compound annual growth rate (CAGR) of 13.45 per cent from 2022 to 2030, according to a report by Geospatial World.
The report added that India is poised to become a significant player, as the global geospatial market is set to reach USD 1,064 billion by 2030.
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