Blockchain Press Releases
Geospatial Analytics Market size worth $ 209 Billion, Globally, by 2030 at 12.4% CAGR: Verified Market Research®
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.
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Browse in-depth TOC on “Geospatial Analytics Market“
202 – Pages
126 – Tables
37 – Figures
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.
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®.
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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Blockchain Press Releases
KuCoin Campus Survey Reveals: 88% of Participants Eager to Build Careers in Blockchain
VICTORIA, Seychelles, April 30, 2024 /PRNewswire/ — KuCoin, a leading global crypto exchange, has launched a survey report on Blockchain Education and Career as its new KuCoin Campus initiative, aiming to understand global interest in blockchain education and careers. This effort marks the beginning of their educational campaign, focusing on engaging in offline interaction to enhance learning.
The survey has unveiled a high interest in learning and pursuing a career in the blockchain industry, with responses from over 1900 survey participants, reflecting a promising talent pool that industry partnerships and career guidance can harness, and a substantial market for job opportunities and professional development in this field.
In the heart of KuCoin’s survey, an overwhelming 88% of respondents showcase their eagerness to embark on blockchain careers. This enthusiasm is further evidenced by the 75% of participants who declare a “very high” interest in the blockchain sphere, indicating a widespread recognition of its transformative capabilities.
The survey also delves into the experience levels of blockchain enthusiasts, revealing that 65% of respondents have been engaged with the industry for at least a year, including a notable 15% with over three years of experience. This diverse mix of newcomers and veterans highlights the industry’s dynamic nature and the continuous influx of fresh talent.
Engagement preferences further reflect the community’s diverse approach to blockchain, with 49% favoring investment as a means of learning, followed by the use of blockchain services and applications (39%), and formal education and community involvement trailing closely. This indicates a broad spectrum of entry points into the blockchain world, from financial investment to academic pursuit and community participation.
Moreover, the survey sheds light on the core principles that intrigue participants, with 51% fascinated by blockchain’s potential in reshaping finance and its prospects for high profitability. Regarding practical applications, investing and trading (51%) and the pursuit of passive income (49%) stand out as areas of keen interest, alongside the exploration of AI integration, digital assets, and cross-border payment solutions. This indicates a strong interest in leveraging blockchain for financial gain and innovation.
The survey offers crucial insights for a diverse audience, including investors, organizations, and individuals either working in or aspiring to join the blockchain industry. This initiative represents a strategic step towards aligning KuCoin’s educational efforts with the evolving needs and interests within the blockchain realm. Please read the full report here.
About KuCoin Campus
KuCoin Campus is a global initiative set to unfold through a series of dynamic offline events at schools and colleges around the world. While KuCoin Learn serves as our comprehensive online learning platform, KuCoin Campus extends its educational endeavor into the physical realm. It aims to engage with academic communities, enlightening students and educators alike about the burgeoning world of digital finance and its potential impact on the future.
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Blockchain Press Releases
Bosera HashKey Bitcoin and Ether Spot ETFs Officially Launch on HKEX with Two-Way Investment Flexibility
HONG KONG, April 30, 2024 /PRNewswire/ — The Exchange Traded Funds, Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF (the “ETFs”) have officially launched on the Hong Kong Stock Exchange today. In respect of the ETFs, Bosera Asset Management (International) Co., Limited and HashKey Capital Limited are the Investment Manager and Sub-Investment Manager respectively. The ETFs are part of the first batch of Bitcoin and Ether spot ETFs to launch in a major financial hub in Asia and they are now listed under the tickers BTC: 3008.HK (HKD); 9008.HK (USD) and ETH: 3009.HK (HKD); 9009.HK (USD) respectively.
One of the key features of these ETFs is that they introduce an ‘in-kind’ subscription mechanism, which allows investors to directly subscribe for ETF shares using Bitcoin and Ethereum. Investors can purchase the ETFs with Bitcoin or Ethereum and subsequently sell them for cash, or vice versa, enabling seamless two-way investment flexibility.
Additionally, the Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF track the CME CF Bitcoin Reference Rate – Asia Pacific Variant and the CME CF Ether-Dollar Reference Rate – Asia Pacific Variant respectively.
“The launch of the Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF marks a significant leap forward in democratizing access to cryptocurrencies,” said Deng Chao, CEO of HashKey Capital. “These innovative ETFs not only provide a convenient entry point for investors but also underscore our commitment to driving innovation in the virtual asset ecosystem.”
Importantly, non-Hong Kong nationals can also subscribe for or purchase units in the ETFs if they meet local regulatory requirements, such as passing customer due diligence.
The Bosera HashKey Bitcoin ETF and Bosera HashKey Ether ETF are now available for trading on the Hong Kong Stock Exchange.
Note: The tickers BTC: 3008.HK (HKD); 9008.HK (USD) and ETH: 3009.HK (HKD); 9009.HK (USD)are now officially listed on the Hong Kong Stock Exchange (HKEX).
About HashKey Capital
Global in influence and crypto-native, HashKey Capital is a digital asset and blockchain leader helping institutions, founders and talents advance the blockchain industries.
As one of the largest crypto funds and the earliest institutional investor in Ethereum, HashKey Capital has managed over US$1 billion in client assets since its inception, with over 500 investments in infrastructure, tools, and applications.
With our deep knowledge across the blockchain ecosystem, HashKey Capital has built a robust network connecting founders, investors, developers, and regulators.
For media enquiries, please contact [email protected] ; [email protected]
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A lawmaker in Russia has stated that there are no plans for a total ban on cryptocurrencies in the country. This statement provides clarity on the regulatory stance of the Russian government regarding cryptocurrencies and addresses concerns about potential prohibitive measures.
The clarification from the lawmaker indicates that while Russia may be considering regulations to govern the use and trading of cryptocurrencies, there are no intentions to outright ban their existence or usage. This stance suggests a more nuanced approach to cryptocurrency regulation, aiming to balance innovation and development in the digital asset space with regulatory oversight and consumer protection.
The statement may help alleviate uncertainty and fears within the cryptocurrency community in Russia, as well as among international investors and stakeholders. Clear regulatory guidelines and a willingness to engage with the crypto industry can foster a more conducive environment for innovation, investment, and economic growth.
The lawmaker’s assertion that there are no plans for a total crypto ban in Russia provides reassurance to market participants and signals a potentially more constructive approach to cryptocurrency regulation in the country. It remains to be seen how regulatory frameworks will evolve in Russia, but this statement suggests a willingness to engage in dialogue and develop regulations that support the growth of the crypto industry while addressing regulatory concerns.
Source: crypto.news
The post No plans for total crypto ban in Russia, lawmaker says appeared first on HIPTHER Alerts.
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