What is the potential of Indian Geospatial Market?

The Indian Geospatial Economy is valued at INR 20,629 crore ($3.07 Billion) and employs over 250,000 people across the country. A comprehensive study, the Indian Geospatial Economy (IGE) Report 2018 finds that the domestic geospatial market is currently valued at INR 7,679 crore and is pegged to grow at 13.8% CAGR between FY 2017-18 and FY 2020-21. The study finds the GNSS and Positioning segment to dominate the market with GIS and Spatial Analytics coming a distant second.


Let’s have a look at how the Indian Geospatial Economy Report-2018 segments the geospatial economy, how are the employees distributed within the market, and what are the opportunities available for the geospatial industry.