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Geospatial Analytics Market to Reach $103.01 Billion by 2030 – Exclusive Report by Coherent Market Insights (CMI)

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Burlingame, Aug. 09, 2023 (GLOBE NEWSWIRE) — Coherent Market Insights published a report, titled, “Geospatial Analytics Market, By Component (Solution, Service), By Solution (Geocoding & Reverse Geocoding, Data Integration & ETL, Reporting & Visualization, Thematic Mapping & Spatial Analysis, Others), Deployment Mode (On-premise, Cloud),By Enterprise Size (Large Enterprises, SMEs), By Technology (Remote Sensing, GIS, GPS, Others), By Type (Surface & Field Analytics, Network & Location Analytics, Geovisualization, Others), By Industry Vertical (Automotive, Energy & Utilities, Government, Defense & Intelligence, Smart Cities, Insurance, Natural Resources, and Others), – Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030,” According to the report, the global geospatial analytics market is estimated to be valued at US$ 59.46 billion in 2022 and is expected to exhibit a CAGR of 7.1% during the forecast period (2023-2030).

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Analysts’ Views on Global Geospatial Analytics Market

Geospatial analytics, a field of data analysis, focuses on understanding and interpreting patterns, trends, and relationships within geographic or spatial data. It is used to add timing and location to traditional types of data and to build data visualizations (maps, graphs, statistics and cartograms). Geospatial analytics gathers and displays geographic information system (GIS) data and imagery including GPS and satellite photographs. Geospatial analytics combines traditional data analytics with geographic information system (GIS) technology to gain valuable insights and make informed decisions related to various spatial phenomena.

Key Trends and Analysis of the Global Geospatial Analytics Market:

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Growing penetration of geospatial artificial intelligence (GeoAI) is one of the key trends expected to augment growth of the global geospatial analytics market. For instance, GeoAI is an emerging science that uses advances in high-performance computing to apply novel/advanced technologies to extract meaningful information from spatial big data. Many companies worldwide are updating novel or advanced technologies, such as artificial intelligence (AI) and Machine Learning (ML) to provide accurate insights. This trend is expected to continue over the forecast period owing to the emergence of 5G technologies or advent of 5G.

Global Geospatial Analytics Market – Drivers

High demand for GIS solutions to drive market growth

A GIS Software (Geographic Information System) is designed to store, manage, retrieve, display, and analyze all types of geographic and spatial data. GIS software helps build data visualizations (maps and other graphic displays) for analysis and presentation. In December 2021, Esri India, one of the leading GIS software and solutions provider, launched Indo ArcGIS to address the need for ready-to-use GIS-based solutions and geospatial content for GIS users in India. Esri India is also providing more than 300 layers and these data layers are very important for both the government and private organizations for making critical decisions.

Geospatial Analytics Market Report Coverage

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Report Coverage Details
Base Year: 2022   Market Size in 2022: US$ 59.46 Bn
Historical Data for: 2017 to 2021 Forecast Period: 2023 to 2030
Forecast Period 2023 to 2030 CAGR: 7.1%   2030 Value Projection: US$ 103.01 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa
Segments covered:
  • By Component: Solution, Service
  • By Solution: Geocoding & Reverse Geocoding, Data Integration & ETL, Reporting & Visualization, Thematic Mapping & Spatial Analysis, Others
  • By Deployment Mode: On-premise, Cloud
  • By Enterprise Size: Large Enterprises, SMEs
  • By Technology: Remote Sensing, GIS, GPS, Others
  • By Type: Surface & Field Analytics, Network & Location Analytics, Geovisualization, Others
  • By Industry Vertical: Automotive, Energy & Utilities, Government, Defense & Intelligence, Smart Cities, Insurance, Natural Resources, and Others
Companies covered: Alteryx, Inc., Bentley Systems Incorporated, ESRI, Furgo NV, General Electric, Hexagon AB, Google, Inc., MDA Corporation, Oracle Corporation, SAP SE, Trimble, Inc., and TOMTOM International, Inc.
Growth Drivers:
  • Rise in demand for AI-based GIS solutions
  • Increasing GIS software demand in urban planning and smart city developments
Restraints & Challenges:
  • High cost of GIS solutions
  • Lack of comprehensive government policies and regulatory issues

Introduction of 5G to augment the market growth

Advent of 5G with analytics and AI can enable new and better services and applications, improve efficiency, reduce cost, and create new opportunities across various industries. For instance, 5G is poised to be the game-changer in telecom industry. According to the Mobile Economic Report, 5G connections will account for over half of total mobile connections in the developed North America, Asia Pacific, and Greater China by 2025. 5G also creates an intelligent networked communication environment by connecting people, applications, data, things, transportation systems, and/or cities. This in turn is expected to augment the market growth.

Global Geospatial Analytics Market – Restrain

High cost of GIS to hamper the market growth

One of the key factors expected to hamper the growth of the global geospatial analytics market growth is high cost of associated with GIS (Geographic Information System). The use of geospatial analytics is growing or has increased in various end-use industries because of its advantages. However, the cost of a GIS solution or system is high owing to the high complexity of the software development as well as the collection of real-time data. Depending on the type and quality of services, as well as the size of the project, GIS can cost anywhere from US$ 600 to US$ 17,000 per year. Moreover, free GIS doesn’t have the same functionality and support as commercial GIS.

Directly Purchase a copy of the report with TOC @ https://www.coherentmarketinsights.com/insight/buy-now/5874

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Global Geospatial Analytics Market – Opportunities

Rise in use/adoption of geospatial analytics is expected to provide significant growth opportunities for players in the global geospatial analytics market. In October 2022, AcreTrader announced the launch of Acres, a geospatial analytics platform providing comprehensive insights on land value. Acres is a user-friendly land analysis platform that provides access to comprehensive data for 150 million U.S. parcels, local insights, and comparable sales. It is a key part of the company’s mission to make buying and selling land common, transparent, and easy. Acres fills a critical need in the land marketplace by providing the necessary information to best evaluate, understand and improve land, said Carter Malloy, founder and CEO of AcreTrader.

Global Geospatial Analytics Market – Key Developments

In November 2022, Orbital Insight launched an analytics platform, TerraScope. TerraScope is the only platform in the world that can blend computer vision and geo-location sensor data to detect changes, monitor activity, and discover patterns of life at any location.

In November 2022, Aerial Vantage launched its flagship product, Accelerate, advanced geospatial intelligence platform enhances stakeholders’ ability to make usage of aerial imagery by collecting, processing, managing, and transforming data from airborne sensors (e.g., aircraft, drone, satellite).

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In September 2022, The Sanborn Map Company, Inc. acquired Applied Geographics, Inc. AppGeo has helped hundreds of governments and businesses develop the best GIS, location intelligence, and geospatial solutions for their needs.

Key Market Takeaways:

Global geospatial analytics market is expected to exhibit a CAGR of 7.1% over the forecast period. The global geospatial analytics market is growing rapidly in response to the increasing demand for AI-based GIS solutions/systems across the globe.

On the basis of Component: Solution Segment is expected to dominate the market during the forecast period and this is attributed to the increasing demand for GIS solutions.

On the basis of Solution: Geocoding & Reverse Geocoding Segment is expected to dominate the market during the forecast period and this is attributed to the increasing use or adoption of geospatial analytics across the world.

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On the basis of Deployment Mode: Cloud Segment is expected to dominate the market during the forecast period and this is attributed to the increasing adoption of cloud-based solutions.  

On the basis of Enterprise Size: Large Enterprises Segment is expected to dominate the market during the forecast period and this is attributed to the increasing use or adoption of GIS and geospatial analytics solutions in large enterprises.

On the basis of Technology: GIS Segment is expected to dominate the market during the forecast period and this is attributed to the increasing demand for GIS solutions/systems.

On the basis of Type: Geo-visualization Segment is expected to dominate the market during the forecast period and this is attributed to the rapid growth of the increasing use of geospatial analytics in various end-use industries worldwide.   

On the basis of Industry Vertical: Automotive Segment is expected to dominate the market during the forecast period and this is attributed to the rapid growth of the Automotive Industry and rise in use of geospatial analytics in the Automotive Industry.

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On the basis of Geography, North America is expected to hold a dominant position over the forecast period due to rise in use/adoption of geospatial analytics, increasing demand for GIS software, and growing penetration of GeoAI in the region.

Competitive Landscape:

Key players operating in the global geospatial analytics market include Alteryx, Inc., Bentley Systems Incorporated, ESRI, Furgo NV, General Electric, Hexagon AB, Google, Inc., Oracle Corporation, SAP SE, Trimble, Inc., MDA Corporation, and TOMTOM International, Inc.  

For Report Customization @ https://www.coherentmarketinsights.com/insight/request-customization/5874

Detailed Segmentation:

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  • Global Geospatial Analytics Market, By Component:
    • Solution
    • Service
  • Global Geospatial Analytics Market, By Solution:
    • Geocoding & Reverse Geocoding
    • Data Integration & ETL
    • Reporting & Visualization
    • Thematic Mapping & Spatial Analysis
    • Others
  • Global Geospatial Analytics Market, By Deployment Mode:
    • On-premise
    • Cloud
  • Global Geospatial Analytics Market, By Enterprise Size:
    • Large Enterprises
    • SMEs
  • Global Geospatial Analytics Market, By Technology:
    • Remote Sensing
    • GIS
    • GPS
    • Others
  • Global Geospatial Analytics Market, By Type:
    • Surface & Field Analytics
    • Network & Location Analytics
    • Geovisualization
    • Others
  • Global Geospatial Analytics Market, By Industry Vertical:
    • Automotive
    • Energy & Utilities
    • Government
    • Defense & Intelligence
    • Smart Cities
    • Insurance
    • Natural Resources
    • Others
  • Global Geospatial Analytics Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country:
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Middle East
      • By Country:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa

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Contact Center Software Market, By Solution (Automatic Call Distribution (ACD), Call Recording, Computer Telephony Integration (CTI), Customer Collaboration, Dialer, Interactive Voice Responses (IVR), Reporting & Analytics, Workforce Optimization, Others), By Service (Integration & Deployment, Support & Maintenance, Training & Consulting, Managed Services), By Deployment (Hosted, On-Premise), By Enterprise Size (Large Enterprises, Small & Medium Enterprises), By End Use (BFSI, Consumer Goods & Retail, Government, Healthcare, IT & Telecom, Travel & Hospitality, Others), And By Geography (North America, Europe, Asia Pacific, Latin America)- Size, Share, Outlook, and Opportunity Analysis, 2023 – 2030

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About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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Artificial Intelligence

Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy

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American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.

Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” 
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
Website | Facebook | X 
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DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024

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Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend 
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology

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WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
Download a detailed overview:
https://www.skyquestt.com/sample-request/endpoint-security-market
Endpoint Security Market Overview: 
Report Coverage 
Details 
Market Revenue in 2023 
$ 11.94 billion 
Estimated Value by 2031 
$ 36.01 billion 
Growth Rate 
Poised to grow at a CAGR of 14.8% 
Forecast Period 
2024–2031 
Forecast Units 
Value (USD Billion) 
Report Coverage 
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 
Segments Covered 
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered 
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights 
Updated financial information / product portfolio of players 
Key Market Opportunities 
Rising Number of Connected Devices
Key Market Drivers 
Rising trend of BYOD 
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/endpoint-security-market
Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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