While it isn't news that GIScience has become a big industry, it may be a surprise how big the industries inside it are. Geospatial World reports that the GNSS and Positioning market will be over $280 billion in 2020.
As they point out, Global Navigation Satellite System has grown beyond GPS to become a ubiquitous technology. Rapid innovation is a driver of this sector. "In this era of 4th Industrial Revolution (industry 4.0), the new technologies have a crucial role to play in expanding the GNSS and Positioning market."
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