Global Geospatial Imagery Analytics Market- Industry Trends and Forecast to 2025

Market Analysis: Global Geospatial Imagery Analytics Market

The Global Geospatial Imagery Analytics Market is accounted for USD 2.78 billion in 2017, and is projected to grow at a CAGR of 31.8% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition: Global Geospatial Imagery Analytics Market

Geospatial imagery analytics is said to be the accumulation of recordings or pictures from the external or inward surface of the earth. Examination of geospatial imagery analytics serves to provide current ongoing situation, past insights and future predictions related to the earth’s geography. Geospatial imagery analytics likewise predicts changing earth’s condition and its effect. Geospatial imagery analytics in enterprises help join analytics with geographic data framework for getting ongoing business sector knowledge. It also helps in developing business strategies. As indicated by geospatial world discussion association, 74% clients utilize portable area administration to get data.

Geospatial imagery analytics support to incorporate, accumulate, work, show, and analyze geospatial information which is gathered through satellite symbolism, GPS, geotagging, mapping, and numerous different sources to make huge data that are critical for making essential business/association choices. In geospatial imagery analytics, information is gathered as geo-referenced satellite pictures, and after that it is spoken to in two distinctive ways including raster and vector. Organizations are efficiently utilizing geospatial imagery analytics data to inspect their operational viability to bear their organization position in this focused growth. Geospatial imagery analytics offers more exact pictures as identified with 3D and 2D figure. This examination incorporates investigation of modules above, on, and underneath the earth surface geospatial imagery analytics develops of backings private and government parts to influence learned decisions about organizations, And to analyze hazard evaluation including disaster management, urban planning, and climatic conditions.

Market Drivers and Restraints:

Increasing penetration of geographical information system technology in the service industry.
Increasing usage of location-based data and rising demand of open interoperable solutions.
Awareness among businesses enterprise regarding these usefulness and advantages of geospatial imagery analytics on account of profitability and to sustain.
The exceedingly wide range information which is accessible, pose basic difficulties for the administrators which require extract key bits of information from heterogeneous and substantial arrangements of geospatial data.

Market Segmentation: Global Geospatial Imagery Analytics Market

The global geospatial imagery analytics market is based on type, collection medium, industry vertical and geographical segments.
Based on type, the global geospatial imagery analytics market is segmented into imagery analytics and video analytics.
Based on collection medium, the global geospatial imagery analytics market is segmented into geographic information systems (GIS), satellites, unmanned aerial vehicles (UAVs), and others (helicopters, aircraft, Heli kites, kites, balloons, and airships).
Based on industry vertical, the global geospatial imagery analytics market is segmented into defense & security, government, environmental monitoring, mining & manufacturing, energy, utility, and natural resources, engineering & construction, insurance, agriculture, healthcare & life sciences, and others (education, forensics, and space exploration & oceanographic exploration).
Based on geography, the global geospatial imagery analytics market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Analysis: Global Geospatial Imagery Analytics Market

The global geospatial imagery analytics market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of geospatial imagery analytics market for global, Europe, North America, Asia Pacific and South America.

Key Players: Global Geospatial Imagery Analytics Market

Renowned players in this market are  Digitalglobe Inc., Hexagon AB, Urthecast Corporation, Harris Corporation, Trimble Inc. Google Inc., Keyw Corporation, Geocento, Satellite Imaging Corporation, EOS Data Analytics Inc., RMSI, Bentley Systems, Inc., ESRI, MDA Geospatial Corporation, Fugro N.V., Harris Corporation, WS Atkins Plc., TomTom, Digital Globe, Critigen, Nokia, PlanetLabs, Urthecast Corporation, Oracle, Pitney Bowes, Inc.,  and General Electric Company.

Research Methodology: Global Geospatial Imagery Analytics Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. 

Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.

Global Geospatial Imagery Analytics Market- Industry Trends and Forecast to 2025