Today, mapping and geospatial data provide services beyond navigation. The technologies provide the insights to plan efficient transport routes, manage city zoning, for business planning, or for people to experience places where they’re not physically present. With the recent advancements in artificial intelligence and sensor technology (e.g., cameras and LIDARs), maps can visualize a broader range of dynamic and real-time information such as road congestion, crowd size, and available parking spots. Such dynamic maps enable a new era of smart city and smart mobility applications ranging from crowd management to autonomous driving. This innovation is expected to grow the geospatial solutions market to $845 billion by 2029.

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