The world’s population will look very different in the next twenty years. The next thirty years. With economies facing significant changes and birth rates rising and dipping, the future needs to be calculated to the best of our ability with up-to-date technology and location intelligence solutions. This helps everyone across the board, from anthropologists to real estate agents to psychologists, allowing us to control the almost uncontrollable.
World Population Growth
The world’s population is expected to grow an astounding 50% over the next four decades, adding up to more than nine billion from the six billion we have today. Between 2012 and 2022 the U.S. Bureau of Labor Statistics anticipate steady growth in jobs that require a deep familiarity with GIS and location intelligence — this includes, but is not limited to, geographers at 29%, cartographers and photogrammetirists at 20% and surveying at 14%.
Impact On Industries
Location intelligence solutions are necessary to gauge the impact on countless industries both nationwide and across the world. By 2030 every 100 workers or so in Europe will have to support 40 people over the age of 65, compared to only 25 to every 100 workers in the modern day. According to research published the prior month by Eurostat, this is going to be one of the most significant changes to the country in the shortest amount of time.
Modern Satellite Technology
Demographic reporting is more easily done with the aid of satellite technology. Each GPS satellite will go around the world once every 12 hours or so — the satellites themselves will travel nearly 12,500 miles above the Earth at roughly 7,000 miles per hour. A GPS receiver can even determine he current time within 100 billionths of a second. There are always 24 active GPS satellites circling the globe, though that number has increased to 30 in the past few years.
World Wide Web
The Internet has made it easier than ever to connect across the world at light speeds. The Internet of Things, specifically, is a term that refers to devices other than computers that are linked to the Internet and can both send and receive data. While the term has been around for more than 15 years, it has only just begun receiving wide currency. Over 12 million RFID tags (used to capture data and track the movement of physical objects) were sold in 2011 — this is expected to increase to 209 billion by 2021.
Regular Job Growth
For jobs to reasonably satisfy the population location intelligence solutions need to provide consistent feedback on how a country’s demographics are fluctuating. Research company Gartner suggests there will be at least four million big data jobs available to the populace within the next two years — however, only a third of them will be successfully filled. When faced with planning, collecting and reporting data it’s crucial to anticipate the right ratios. One helpful suggestion comes from Google’s data experts, those of whom suggest around 15% of data capture, 20% of data reporting and 65% of data analysis are reasonable ratios.
Using Location Intelligence Solutions
The location intelligence market is only going to continue to grow from here. Marketing analytics are necessary to help employers find employees to fill positions as well as give multiple industries the resources they need to gauge where the winds are blowing. A 2014 global business survey by Dresner Advisory Services found that ‘more than half of all respondents across all industries saying location intelligence solutions are either critically or very important to modern business planning practices.’ With marketing analytics services helping with demographic reporting, we can plan for a better world.