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Blockchain Press Releases

Geospatial Analytics Market size worth $ 209 Billion, Globally, by 2030 at 12.4% CAGR: Verified Market Research®

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The “Global Geospatial Analytics Market Size By Type (Surface & Field Analytics, Network & Location Analytics, Geovisualization), By Component (Software & Solutions, Services), By Application (Surveying, Medicine & Public Safety), By Vertical (Automotive, Utility & Communication), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Geospatial Analytics Market, including its growth prospects, market trends, and market challenges.

JERSEY CITY, N.J., July 10, 2023 /PRNewswire/ — The Global Geospatial Analytics Market is projected to grow at a CAGR of 12.4% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 66 Billion in 2021 and is expected to reach USD 209 Billion by the end of the forecast period.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=6230

Browse in-depth TOC onGeospatial Analytics Market

202 – Pages
126 – Tables
37 – Figures

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Geospatial Analytics Market: Driving Operational Efficiency and Unveiling Hidden Patterns

The Geospatial Analytics Market is experiencing rapid growth, driven by the increasing need of organizations to reduce operational and logistical costs. Geospatial data, which encompasses the classification of geographic locations and characteristics of natural or man-made features on the Earth’s surface, serves as the foundation for geospatial analytics. By applying advanced data analytics techniques to these datasets, geospatial analytics enables the identification of trends and patterns that are not easily discernible through traditional visualization methods, while also providing valuable geographical context.

One of the key drivers for the expansion of the Geospatial Analytics Market is the ability of governments to utilize these analytics to map crime locations, issue alerts during natural disasters, and design effective disaster recovery mechanisms. Additionally, the rise of smart cities and the growing demand for innovative technologies in developing countries contribute to the market’s growth trajectory.

The widespread use of GPS-enabled smartphones and the advancements in drone technology are also significant factors propelling the Geospatial Analytics Market. These technological advancements create opportunities for capturing and analyzing geospatial data in real-time, empowering organizations to make informed decisions based on accurate and up-to-date information.

However, privacy concerns associated with the storage of geospatial data pose a major challenge for the market. Legal issues related to the storage of personal information further complicate the landscape and may hinder market growth. Moreover, the initial setup of geospatial analytics products requires a substantial investment, which could impact the expansion of the market.

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The climate change adaptation segment within the Geospatial Analytics Market is expected to exhibit a higher compound annual growth rate (CAGR) during the forecast period. Geospatial data plays a pivotal role in this segment, addressing the changing climate conditions and growing concerns for public safety. As a result, there is an increasing demand for geospatial analytics solutions to support climate change adaptation efforts.

The Asia Pacific region is anticipated to be the fastest-growing market for geospatial analytics. Geospatial technologies are extensively employed in this region for rural and agricultural development. Industries such as engineering and construction, mining and manufacturing, insurance, and agriculture utilize Geographic Information System (GIS) technologies to identify potential markets and leverage geospatial information for strategic decision-making.

Key players in the Geospatial Analytics Market include Oracle, SAP, Alteryx, Hexagon AB, DigitalGlobe, Trimble, Maxar Technologies, Maplarge, and Harris Corporation. These market leaders employ product benchmarking and SWOT analysis, implement key development strategies, and hold significant market share and ranking analysis.

As the Geospatial Analytics Market continues to grow, organizations are leveraging its potential to drive operational efficiency and gain valuable insights from geospatial data. With a focus on innovation and strategic decision-making, these market players are well-positioned to shape the future of geospatial analytics.

For further information, detailed market insights, and a comprehensive analysis of the Global Geospatial Analytics Market, please Contact Verified Market Research®.

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Based on the research, Verified Market Research® has segmented the global Geospatial Analytics Market into Type, Component, Application, Vertical, And Geography.

  • Geospatial Analytics Market, by Type
    • Surface & Field Analytics
    • Network & Location Analytics
    • Geovisualization
    • Others
  • Geospatial Analytics Market, by Component
    • Software & Solutions
    • Services
  • Geospatial Analytics Market, by Application
    • Surveying
    • Medicine & Public Safety
    • Disaster Risk Reduction & Management
    • Climate Change Adaptation
    • Others
  • Geospatial Analytics Market, by Vertical
    • Automotive
    • Utility & Communication
    • Government
    • Defense & Research
    • Others
  • Geospatial Analytics Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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Geospatial Solutions Market By Technology (Geospatial Analytics, GNSS And Positioning), By Solution Type (Hardware, Software), By Application (Planning And Analysis, Asset Management), By End-User (Transportation, Defense And Intelligence), By Geography, And Forecast

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Top 5 Geospatial Imagery Analytics aiding in contingency plans via geo-referenced images

Visualize Geospatial Analytics Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

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Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: [email protected] 
Web: https://www.verifiedmarketresearch.com/ 
Follow Us: LinkedIn | Twitter

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Blockchain Press Releases

KuCoin Appoints BC Wong as CEO to Lead Compliance and Global Expansion

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VICTORIA, Seychelles, Jan. 20, 2025 /PRNewswire/ — KuCoin, a globally recognized cryptocurrency exchange, has announced the appointment of BC Wong as its new Chief Executive Officer (CEO). This strategic decision underscores KuCoin’s commitment to global growth, innovation, and regulatory compliance.

BC Wong, widely known within the organization as “BC,” is a seasoned leader with extensive experience in the cryptocurrency industry. As a key member of KuCoin’s leadership team, his expertise and strategic vision have been instrumental in establishing KuCoin as a reliable platform for millions of users worldwide.

Throughout his tenure, BC has advanced global regulatory engagement while skillfully navigating industry challenges. Under his leadership, KuCoin remains dedicated to prioritizing user-centricity, robust security, and technological innovation.

“Our priority is to build a reliable platform for our users,” BC stated. “As CEO, I am focused on enhancing our global presence and fostering collaboration with regulators to create a secure, inclusive financial ecosystem. Together with our partners and users, we will shape the future of finance.”

Focus on Compliance and Reliability

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A Singaporean with a Juris Doctor degree from Singapore Management University and a master’s degree from George Washington University, Wong brings a global perspective to KuCoin. In his previous role as Chief Legal Officer, he spearheaded efforts to secure regulatory licenses and strengthen relationships with regulators, reinforcing KuCoin’s commitment to compliance.

Wong has been instrumental in collaborating with regulators across the EU, Asia, the Middle East, and Africa, reinforcing KuCoin’s reputation as a compliant and secure platform. His strategic efforts have reinforced KuCoin’s commitment to providing a safe and reliable trading environment on a global scale.

Empowering Users Globally

KuCoin is dedicated to democratizing access to cryptocurrency through secure and innovative solutions. By expanding its presence in key markets, the company continues to provide seamless, user-friendly experiences for investors worldwide.

Under BC’s leadership, KuCoin has also prioritized Corporate Social Responsibility (CSR), partnering with organizations such as the Global CSR Foundation and the American Medical Women’s Association. Notable initiatives include participation in the UN COP28 Climate Change Conference, Green Blockchain Projects, the Light Up Africa Program, and the Climate Change Bucket initiative, benefiting over 50,000 women and children globally.

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About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 38 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots. KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. These recognitions reflect its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

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Blockchain Press Releases

The Moskowitz Law Firm, PLLC Announces Preliminary Approval of a Proposed Class Action Settlement on Behalf of Purchasers of Astrals Non-Fungible Tokens and Galaxy Tokens

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MIAMI, Jan. 18, 2025 /PRNewswire/ — The Moskowitz Law Firm, PLLC announces the preliminary approval of a proposed class action settlement that would benefit purchasers and legal title holders of Astrals Non-Fungible Tokens or Galaxy Tokens:

On January 14, 2025, the United States District Court for the Southern District of Florida preliminarily approved a proposed settlement of a class action captioned Harper v. O’Neal, Case No. 23-CV-21912-MORENO. The settlement class includes persons and entities who, from May 24, 2022 to January 14, 2025, purchased Astrals NFTS and/or who, before January 14, 2025, purchased GLXY tokens.

Claims for settlement benefits must be submitted by April 17, 2025. Objections to the settlement and requests for exclusion from the settlement must be received by March 3, 2025 in accordance with the instructions in the Class Notice, which is posted on the settlement website www.astralsnftsettlement.com. The Court will hold a Final Approval Hearing on April 1, 2025, at 9:30 a.m. For more information about the settlement and its terms please visit www.astralsnftsettlement.com.  

If you have questions about any matter in this Class Notice, please contact the following representative of Class Counsel, who can answer questions:

Adam M. Moskowitz
The Moskowitz Law Firm, PLLC
P.O. Box 653409
Miami, FL 33175
(305) 740-1423 
[email protected]
[email protected] 

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Blockchain Press Releases

Bybit: A Global Favorite Among Full-Time and Professional Traders and the World’s Second-most popular Crypto Exchange

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DUBAI, UAE, Jan. 17, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has been recognized as the second most popular cryptocurrency exchange globally, according to the latest report from CryptoQuant. The “2024 Crypto Survey: Exchange Use and Investor Behavior” underscores Bybit’s unmatched appeal to professional traders, commitment to security, and innovative offerings that cater to a diverse, global user base.

Bybit’s platform has become a hub for full-time traders, with 52% of surveyed users identifying as professionals—outperforming rivals OKX (38%) and Binance (37%). This success is supported by initiatives like the Bybit Broker Program, which has onboarded over 700 new clients in 2024, raising the total to 1,500 institutional clients. Additionally, Bybit’s Unified Trading Account (UTA) simplifies trading by centralizing spot, futures, and options activities in one seamless interface. Supporting over 70 cryptocurrencies as collateral, this system empowers traders to maximize their capital efficiency by using unrealized profits as margin across various products. UTA’s role in managing 99% of the platform’s trading volume showcases its importance to Bybit’s ecosystem.

Furthermore, Bybit’s integration of MetaTrader 5 allows users to diversify into traditional markets, such as Gold and FX, using USDT, marking another step forward in meeting the needs of professional traders.

Bybit’s global popularity spans regions including Africa, South America, the Middle East, Asia, Europe, and Oceania, where it maintains a dominant presence. Even as the exchange strategically exits certain jurisdictions to comply with regulatory requirements, Bybit’s adherence to a compliance-first approach ensures sustainable growth in markets with clear regulatory frameworks. This adaptability has strengthened Bybit’s position as a trusted and reliable global platform.

The report also acknowledges Bybit’s excellence in security, customer service, and P2P trading, where it ranks as the third-best exchange globally. These accolades reflect Bybit’s dedication to delivering a secure, user-focused experience that builds trust and loyalty within its growing community.

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Joan Han, Sales & Marketing Director at Bybit, shared:
“This achievement reflects our team’s unwavering dedication and commitment to delivering a world-class trading experience. We actively listen to our clients’ requests and continuously improve our tools to ensure a smoother trading journey. Our ability to adapt and thrive in diverse markets speaks to the strength of our vision and our focus on fostering a secure, accessible, and professional crypto ecosystem. As we continue to innovate and grow, we remain dedicated to empowering traders worldwide with the tools and trust they need to succeed.”

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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