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Geospatial Analytics Specialists

Outlook

The U.S. Department of Labor (DOL) classifies the career of geospatial analytics specialist under the general category of “cartographer and photogrammetrist.” It reports that employment for cartographers and photogrammetrists who work for professional, scientific, and technical services firms will increase by 6 percent through 2033, which is faster than the average for all careers.

Revenue in the global geospatial analytics industry is expected to grow from $78.5 billion in 2023 to $141.9 billion by 2028, at a compound annual growth rate of 12.6 percent in that time period, according to MarketsandMarkets.com. This is an increase over $59.5 billion total revenue in 2021. The business-to-business research firm says that "the growing demand for location intelligence is one of the driving factors for the advancement in geospatial analytics. Many organizations across various industries have recognized the huge value that spatial insights bring to their operations and decision-making processes." Growth in the geospatial analytics market is being driven by the increasing number of artificial intelligence-based and machine learning-based GIS solutions and more companies adopting high-end technologies to enhance GIS solutions, among other factors.

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