Geospatial technology is developing very quickly and it is present in multiple fields. Many technologies need a spatial element and are the pillar of the evolving technologies. In 2019, trends in the geospatial technology are impacting various industries.
Seamless Availability of EO (Earth Observation) Data
A planet is recently operating nearly 200 satellites, for completing the Mission One – to illustrate the total Earth 24×7. In the year 2018, a platform was launched to analyse and harness the huge amount of information. The platform will guide the physical change on the Earth, in the same manner as Google supports the internet, as the main objective to offer the users ways to collect the information for making smart decisions. AWS Ground Station has the potential to decrease the time of processing from hour to minute. AWS Ground Station service is making sense from the cost-effective point of view. AWS Ground Station will completely change to a rapid and seamless availability of EO data.
Mapping as a service
Inventions in the Cloud technology are providing various opportunities for new models of business and host of companies. This business model is mapping as a service. Where most of the maps can be established online with general Google search but high-dimension maps of the particular location are very difficult to find. Companies such as Harman Ignite, Carmenta and Nearmap are offering high-dimension maps and imagery for the location in the world, based on demand of the consumers. Data can be used for several purposes, involving the construction of new building and managing safety of the road. Mapping as a service market size is anticipated to be valued more than 9 billion dollars. With the increase in the market opportunities, companies are getting motivated for further inventions.
Miniaturization of sensors
The sudden decrease in chip size to enhance the efficiency allows the popularity of technology and cost reduction. Initially, they started with smartphones and has now reached the field of Earth Observation and LiDAR, with the inventions in the sensors of LiDAR for mobile mapping backpack and autonomous vehicles. Previously, small satellites were majorly used by college students or amateurs, but large companies such as Spire, Capella Space, and Planet have announced the small satellites due to lower costs, enhanced efficacy, and capability. Capella Space is constructing the constellation of small radar satellites.
Geo AI or Geospatial AI
Geo AI is called the new procedure of machine learning based on the geographic component. With the support of general applications of the smartphone, people can provide feedback about environmental conditions, for instance, traffic overcrowding, peak hours, the experience of the dense, moderate or low. The approach of using the geographical location will fill the information to help the effective solutions for specific geographic locations.