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Geospatial Analytics - Driving Innovation in Saudi Arabia’s Smart Cities

industrytrend

Entry posted by industrytrend in Technology

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  • The Saudi Arabian geospatial analytics market is expected to grow at a 9.5% CAGR, reaching $714.8M by 2030.
  • Geospatial analytics is critical for smart city development, helping architects and planners optimize new investments.
  • The technology is vital in logistics and transportation, aiding in efficient traffic flow and delivery services.
  • Government-led initiatives like Vision 2030 and the MOMRA smart city program are key drivers of market growth.
  • Real estate and infrastructure sectors are major adopters, with Saudi Arabia allocating $1000M for related projects.
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