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State of the Global Geospatial Industry 2024

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The geospatial industry in 2024 is rapidly innovating advanced technologies to help companies do more and be more accurate with their data. To gauge where the technology is headed and how geospatial professionals are using existing tech, Trimble conducted a comprehensive survey recently of geospatial users and businesses worldwide. The survey results, and input from additional Trimble industry experts, can help you align your business and its offerings to capitalize on the industry's current state and likely future iterations. Data leads the way The top takeaway is that now, more accurate data is being collected from more sources, and more complete information is required than ever before. This data revolution is a powerful multiplier, fueling growth across the geospatial industry as well as in the surrounding ecosystem of industries that use the data. Business stakeholders at every level benefit from increased insight, better decision- making and more efficient ways of working by taking advantage of the deep connection of the physical and digital worlds. The geospatial industry will continue to impact the way the world uses data in new ways we are only starting to explore. Industry growth Significant growth is forecasted in the global geospatial market, and is predicted to more than double by 2030. And in the short term, the total economic impact of geospatial tech on the global economy is expected to reach $10.2 trillion in 2025.  *GeoBuiz 22: Global Geospatial Industry Outlook report $ 681 billion in 2025 $ 1.44 trillion by 2030 2

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