Market snapshot: Surveying and mapping (part two)
Morrissey Goodale reports on growth patterns in the mapping and surveying industry.
Our last post featured overview, size, and outlook information for surveying and mapping within the AE industry. If you missed it, you can check it out here. This week we will cover drivers, trends, and hot spots.
Drivers
-
Infrastructure development.
-
Real estate and construction activity.
-
State and local government investments.
-
Advancements in surveying and mapping technologies.
-
Environmental issues and regulations.
-
Urbanization.
Market trends
Technology advancements have significantly impacted surveying and mapping practices. The adoption of GPS applications over the past 20 years has enabled survey data to be collected more quickly and accurately. In addition, tools such as UAVs, LiDAR, photogrammetry and BIM models have not only made surveying and mapping more efficient, but also expanded the breadth of its service applications.
The use of mobile mapping systems in combination with the technologies mentioned above has allowed companies to collect massive amounts of geospatial data. To be able to collaboratively manage and analyze all this information, companies will need to be proficient in cloud-based Geographic Information System (GIS) platforms.
By integrating AI algorithms and machine learning applications with GIS, the data collected by sensors and devices can quickly turn into insights, which can be leveraged to inform decisions.
Surveying and mapping tools and GIS systems will increasingly be leveraged to improve environmental compliance, as well as to monitor issues such as deforestation and coastal resilience. Furthermore, survey data is leveraged to build resilience predictive models that help engineers and planners better understand exposure to extreme weather events.
Successful smart city projects will likely require robust security, management and visualization of geospatial and remotely sensed data with GIS and BIM.
Hot spots
- Fast-growing cities, primarily in the Southeast and Rocky Mountain regions.
- Metro areas with high employment and concentration of surveying professionals: Houston, Denver, Raleigh and Atlanta.
Original content can be found at Morrissey Goodale.
Do you have experience and expertise with the topics mentioned in this content? You should consider contributing to our CFE Media editorial team and getting the recognition you and your company deserve. Click here to start this process.
