Job Growth is Anticipated in the Geospatial Industry

Location intelligence solutions

lAre you interested in the geospatial industry? Have you considered a position as a geospatial location intelligence software developer or a similar career path?

Location intelligence (LI) is used within business for a variety of purposes. This includes gathering data to be used for marketing analytics solutions.

Why is this data important? For one, according to a February 2014 global business survey conducted by Dresner Advisory Services, it ranges from being very important-to-critical for business planning.

A second reason is that there will be even more big data jobs within the next two years, according to Gartner, a research company. Furthermore, Gartner indicates that there will be 4.4 million of these jobs available and only a third of them are anticipated to be successfully filled.

The United States Bureau of Labor Statistics (BLS) has also made employment predictions for this field. Job growth for 2012-to-2022 is anticipated for the following types of positions:

    Geographers: 29%
    Cartographers and photogrammetrists: 20%
    Surveying and mapping technicians: 14%

The BLS also reports that steady growth is expected for other positions within the geospatial information systems (GIS) and location intelligence field.

A third reason that you may want to further explore this field is the Internet of Things (IoT). This refers to devices that connect to the Internet in order to send and receive data. These devices do not include computers, however.

Are you familiar with RFID tagging? According to TechTarget, It is a system that utilizes small radio frequency devices in order to identify and track data. The system that is used for RIFD tagging includes the following components:

    The actual tag
    A read-write device
    A host system application

This host system application handles data collection, processing, and transmission.

You may also be interested to know that in 2011, there were 12 million RIFD tags sold. This number is expected to increase to 209 billion by 2021, as IoT becomes even more commonplace.

What does this mean for people entering the job market or searching for a technology-oriented career path?According to a recent MarketsandMarketsreport, the geospatial analytics market brought in $27.42 billion in 2015. By 2020, this market is expected to more than double to $72.21 billion.

It’s not difficult to imagine the job prospects for individuals that have the right skill sets for this intriguing technological field. Whether you’re interested in demographic reporting, geospatial data analysis, location intelligence solutions, location intelligence software development, or marketing analytics services, this field is expanding exponentially.

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