Global Geospatial Imagery Analytics Market, By Type (Imagery Analytics, Video Analytics), Application (Disaster Management, Construction and Development, Exhibition and Live Entertainment, Energy and Resource Management, Surveillance and Monitoring, Conservation and research, Others), Collection Medium (Geographic Information System (GIS), Satellites, Unmanned Aerial Vehicles (UAVs), Others), Industry Verticals (Defense and Security, Government, Environmental Monitoring, Energy, Utility, and Natural Resources, Engineering and Construction, Mining and Manufacturing, Insurance, Agriculture, Healthcare and Life Sciences, Others), Deployment Mode (On-Premises, Cloud), Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Geospatial Imagery Analytics Market
Data Bridge Market Research analyses that the geospatial imagery analytics market will exhibit a CAGR of 24.11% for the forecast period of 2021-2028.
Geospatial imaging analytics can be characterised as a set of tools for assisting and analysing geospatial data received from GPS, satellite imagery, or mapping sources in order to generate useful information for making key business decisions. The geospatial imaging analysis system is a platform based on big data analytics that also includes predictive analytics. It assists both corporate and public sectors in making crucial business decisions, as well as risk assessment and catastrophe management, urban development, and climatic conditions. In comparison to 3D and 2D analysis, geospatial imaging analysis provides more specific images.
The geospatial imagery analytics market is being driven by the use of big data and artificial intelligence (Al) to improve geospatial imagery analytics solutions, and fierce competition among market competitors. Furthermore, growing income and rising advancement in analytics technologies are the factors that will accelerate growth of the geospatial imagery analytics market. Other factors such as increasing demand of geospatial imagery analytics for national security and safety, and upsurge in the demand for small satellites will cushion the market growth rate.
Moreover, the expansion of 5G networks and the growing number of loT devices will boost the beneficial opportunities for the geospatial imagery analytics market growth.
However, the geospatial imagery analytics industry is hindered by strict laws by government about geospatial data and legal constraints. Also, the addition of geospatial analytics data with enterprise solutions might further challenge the market growth rate in the forecast period mentioned above.
This geospatial imagery analytics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on geospatial imagery analytics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Geospatial Imagery Analytics Market Scope and Market Size
The geospatial imagery analytics market is segmented on the basis of type, application, collection medium, industry verticals, deployment mode and organization size. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the geospatial imagery analytics market is segmented into imagery analytics and video analytics.
- On the basis of application, the geospatial imagery analytics market is segmented into disaster management, construction and development, exhibition and live entertainment, energy and resource management, surveillance and monitoring, conservation and research and others.
- On the basis of collection medium, the geospatial imagery analytics market is segmented into geographic information system (GIS), satellites, unmanned aerial vehicles (UAVs) and others.
- On the basis of industry verticals, the geospatial imagery analytics market is segmented into defense and security, government, environmental monitoring, energy, utility, and natural resources, engineering and construction, mining and manufacturing, insurance, agriculture, healthcare and life sciences and others.
- On the basis of deployment mode, the geospatial imagery analytics market is segmented into on-premises and cloud.
- On the basis of organization size, the geospatial imagery analytics market is segmented into small and medium-sized enterprises (SMEs) and large enterprises.
Geospatial Imagery Analytics Market Country Level Analysis
The geospatial imagery analytics market is segmented on the basis of type, application, collection medium, industry verticals, deployment mode and organization size.
The countries covered in the geospatial imagery analytics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America and Europe dominates the geospatial imagery analytics market and will continue to flourish its trend of dominance during the forecast period due to the advancement in the usage of big data, internet of things (IoT), artificial intelligence (AI) and machine learning (ML), and its addition with geospatial technologies to improve communication in this region. Asia-Pacific will however, register the highest CAGR for this period due to the rise in the number of start-ups and growing government funding in geospatial technologies in this region.
The country section of the geospatial imagery analytics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Geospatial Imagery Analytics Market Share Analysis
The geospatial imagery analytics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to geospatial imagery analytics market.
The major players covered in the geospatial imagery analytics market report are Trimble Inc., GENERAL ELECTRIC, Hexagon, RMSI, BENTLEY SYSTEMS, INCORPORATED, Esri, MDA, Fugro, L3Harris Technologies, Inc., SNC-Lavalin, American Axle & Manufacturing, Inc., TomTom International BV, Digital Globe, Critigen, Nokia, Autodesk, Inc., Pitney Bowes, Inc., Planet Labs, Inc., PrecisionHawk, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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