Wednesday, January 20, 2021
Distribution: (800) 510 0384
Washington DC
New York
Toronto
Press ID  
  • Login
The Hudson Weekly
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity
No Result
View All Result
The Hudson Weekly
No Result
View All Result

Geospatial Solutions Enabled by Blockchain, Big Data and AI Bring New Application Areas

Advanced technologies allow analysis, prediction and mapping across multiple sectors such as agriculture, automotive and healthcare, says Frost & Sullivan

Ryan Offman by Ryan Offman
October 7, 2020
in Blockchain
A A
Geospatial Solutions Enabled by Blockchain, Big Data and AI Bring New Application Areas
Share on FacebookShare on Twitter

HudsonNewsroom

Bitcoin Era Review: The Official App Seen on TV This Morning

LCX.com Launches Regulated Cryptocurrency Exchange

Future Fintech and Blocknance Signed Term Sheet for Potential Acquisition

Frost & Sullivan’s recent analysis, Digital Transmission Driving the Geospatial Services Market, 2020, covers eight industry use cases and their developments in terms of new technology disruptions, business models, application areas, and trends entering the market. It forecasts that the demand for enhanced and integrated imagery analytics intelligence will uncover new opportunities. Exploration of location data integrated with IoT systems will offer low-cost solutions and customized services. Location-based, real-time surveillance is the fastest-growing geospatial technology and expected to be the main driver of the earth observation industry in the future.

“The rising demand for real-time surveillance and location-based intelligence services will pave the way for new companies to enter the geospatial services sector. Access to geospatial data will become simpler in the future, with government downstream operators expected to provide data without any regulation,” said Priyanka Gopalakrishnan, Research Analyst. “However, the entry of multiple drone players is likely to increase the pressure on satellite companies. Compared to satellite operators, drone operators use high-resolution cameras to capture images and can perform operations at much lower costs.”

Gopalakrishnan added: “Blockchain, big data, and artificial intelligence will bring new value propositions into the market and promote innovative business models across various geospatial applications. Advanced geospatial technologies would allow the delivery of products and services at lower costs, which will bring new customers into the sector. Additionally, the geospatial imagery-based analytics market can perform operations on a small budget.”

Market participants should invest in the research and development of geospatial applications and their use cases in the following sectors:

  • Agriculture: There’s an increased need for real-time prospecting, analytics solutions for damage assessment and insurance estimation using AI. Fully automated drone operators will enable autonomous seeding, spraying and mapping, along with soil nutrient and moisture monitoring.
  • Automotive: Smart cities, autonomous driving, and business intelligence are expected to be the main growth fields in the future. Drone technology, IoT, AI and ground-based sensors will permit real-time traffic monitoring and control plus logistics tracking. Also, satellite-based tracking will be key for fleet management applications along with the use of GPS receivers attached to vehicles, providing real-time insights.
  • Energy: Location-based intelligence and AI will play a major role in leak and theft detection, power line distribution monitoring, automated fault inspection and identifying oil spills.
  • Defense: There will be extensive government use of satellite- and drone-based solutions for terrain mapping. Advanced technologies will also be leveraged for crime analysis and mine clearance.
  • Healthcare: During the COVID-19 pandemic, most private and government participants used geospatial intelligence to track patient details and identify containment zones. The demand for real-time surveillance across patient health monitoring and disease tracking will grow in the next 10 years.

    Digital Transmission Driving the Geospatial Services Market, 2020 is part of Frost & Sullivan’s global Aerospace and Defense Growth Partnership Service program.

Ryan Offman

Ryan Offman

Technology Reporter

More from HW Newsdesk

Bitcoin Era Review: The Official App Seen on TV This Morning
Blockchain

Bitcoin Era Review: The Official App Seen on TV This Morning

January 18, 2021
LCX.com Launches Regulated Cryptocurrency Exchange
Blockchain

LCX.com Launches Regulated Cryptocurrency Exchange

January 14, 2021
Future Fintech and Blocknance Signed Term Sheet for Potential Acquisition
Blockchain

Future Fintech and Blocknance Signed Term Sheet for Potential Acquisition

January 8, 2021

HW Newsroom

Living Well Disability Services Announces New Leadership
Health

Living Well Disability Services Announces New Leadership

by Marc Brousseau
January 18, 2021

Living Well Disability Services, a leader in providing exceptional services for people with intellectual and developmental disabilities, announced today Thomas...

Global Recruiting Firm MRC Names New CEO

Global Recruiting Firm MRC Names New CEO

January 18, 2021
PrintWithMe Deployed Portfolio-Wide by JMG Realty, Inc.

PrintWithMe Deployed Portfolio-Wide by JMG Realty, Inc.

January 18, 2021
Kyla Pratt Appears on ‘Kim Coles: Humor and Heart’ at the Digital Podcast Network

Kyla Pratt Appears on ‘Kim Coles: Humor and Heart’ at the Digital Podcast Network

January 18, 2021
‘Chicago Fire’ Actor Announces Screenplay Scholarship

‘Chicago Fire’ Actor Announces Screenplay Scholarship

January 18, 2021
Equiton Capital Inc. Announces Team Expansion

Equiton Capital Inc. Announces Team Expansion

January 16, 2021
Ron Baratono is Working on a Third Book Set to Roll Out in 2021

Ron Baratono is Working on a Third Book Set to Roll Out in 2021

January 16, 2021
Lucas ‘LB’ Berry – the Versatile Entrepreneur Making a Place for Himself in the Music Business

Lucas ‘LB’ Berry – the Versatile Entrepreneur Making a Place for Himself in the Music Business

January 16, 2021
58% of People Constantly Reset Their Passwords. Why Does This Alarm Security Experts?

58% of People Constantly Reset Their Passwords. Why Does This Alarm Security Experts?

January 14, 2021
LCX.com Launches Regulated Cryptocurrency Exchange

LCX.com Launches Regulated Cryptocurrency Exchange

January 14, 2021
PrestoSports Hires Ruskin as Vice President

PrestoSports Hires Ruskin as Vice President

January 14, 2021
The Law Offices of Greg Prosmushkin, P.C., Wins $3.3 Million Settlement for Motorcycle Accident Victim

The Law Offices of Greg Prosmushkin, P.C., Wins $3.3 Million Settlement for Motorcycle Accident Victim

January 14, 2021
No Result
View All Result

Headlines

Bitcoin Era Review: The Official App Seen on TV This Morning

Baseball Legend Yogi Berra Appearing on Upcoming Stamps

Living Well Disability Services Announces New Leadership

Global Recruiting Firm MRC Names New CEO

PrintWithMe Deployed Portfolio-Wide by JMG Realty, Inc.

Kyla Pratt Appears on ‘Kim Coles: Humor and Heart’ at the Digital Podcast Network

Trending

Itsik Hazan, Ex VP Marketing – SentinelOne & Trend Micro – Joins Acreto as Chief Marketing Officer
Cybersecurity

Itsik Hazan, Ex VP Marketing – SentinelOne & Trend Micro – Joins Acreto as Chief Marketing Officer

by Sylvia MacIntyre
January 20, 2021

Itsik Hazan, former VP of Marketing at SentinelOne and Sr. Director at Trend Micro, has joined award-winning...

Marisa Butler of Maine Crowned Miss Earth USA 2021

Marisa Butler of Maine Crowned Miss Earth USA 2021

January 20, 2021
Degenics.com Aims to Provide Anonymous Personal Genetic Testing Through a Decentralized Blockchain Platform

Degenics.com Aims to Provide Anonymous Personal Genetic Testing Through a Decentralized Blockchain Platform

January 20, 2021
Bitcoin Era Review: The Official App Seen on TV This Morning

Bitcoin Era Review: The Official App Seen on TV This Morning

January 18, 2021
Baseball Legend Yogi Berra Appearing on Upcoming Stamps

Baseball Legend Yogi Berra Appearing on Upcoming Stamps

January 18, 2021
The Hudson Weekly

HW Newsroom is a collaborative desk, bringing together public relations specialists, news media agencies, freelance journalists, and news editors.

Distribution: (800) 510 0384

HUDSON NEWSDESK

  • Itsik Hazan, Ex VP Marketing – SentinelOne & Trend Micro – Joins Acreto as Chief Marketing Officer January 20, 2021
  • Marisa Butler of Maine Crowned Miss Earth USA 2021 January 20, 2021

EDITIONS

  • The Ritz Herald
  • Madison Graph
  • Lincoln Citizen
  • Belmont Star

COMPANY

  • About
  • Contact
  • Advertise
  • Privacy Policy

© 2021 The Hudson Weekly. Published by The Ritz Herald division of Hudson Coldblue LLC.

No Result
View All Result
  • Financial
  • Blockchain
  • Technology
  • Entertainment
  • Lifestyle
  • Arts
  • Health
  • Sports
  • Cybersecurity

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.