Page 188 - Are You Future Ready?
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A British consulting firm, Oxera, tried to quantify the
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                     industry’s impact on consumer welfare and the worldwide
                     economy in 2013. Ranging from the lifesaving effects of
                     faster emergency responses, to the billions of dollars and
                     hours saved on travel, as well as the far-reaching impact

                     on jobs and business efficiencies, including digital maps
                     and satellite imagery per year, the agency estimated that
                     geospatial data  generated  up  to USD270  billion  (about
                     HK$2,119 billion) in global revenue each year. The figure

                     was expected to grow by 30 percent annually.


                     The latest estimates went up to USD400 billion (about
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