The report commissioned by Google clearly demonstrates that the application of geospatial information has significant benefits outside of the traditional geospatial domain. It estimates worldwide and regional benefits for consumers (commuting and fuel efficiency, personal safety and purchasing efficiency), private industry (new products and services, productivity benefits, sales growth particularly for small businesses and tourism spend) and wider societal benefits (job creation, traffic congestion, urban planning, civic engagement, public health, safety & emergency response, disaster preparation and responsiveness, environment and wildlife preservation, knowledge creation and human capital development).
The study’s main finding is that digital maps are playing a significant role in changing our lives for the better. Digital maps have become powerful tools for policymakers to ensure the safety of their citizens and inform urban planning decisions, and for companies and consumers to save time and money when managing their daily affairs. And the benefits of digital maps are far bigger than people may think.
As an industry, geospatial services generate USD 400 billion in revenue per year. However, their total economic contribution is several times higher, as geospatial services are estimated to:
Find this article at:
https://accesspartnership.com/wp-content/uploads/2023/01/GeoSpatial-Report_Sept-2017.pdf
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