Global Geospatial Imagery Analytics Market: Market Segments: By Collection Medium (Geographic Information Systems, Satellites and Unmanned Aerial Vehicles); By Imaging Type (Image and Video); By Analysis (Geo Visualization, Surface Analysis and Network Analysis); By Vertical (Government, Energy and Mining, Defense, Agriculture and Forestry, Media and Entertainment, Civil Engineering and Archaeology & Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Support for geospatial analytics to incorporate, collect, run, view, and analyze geospatial data collected via satellite imagery, GPS, geotagging, mapping, and many other sources to produce valuable information that is necessary for making important decisions about business/organization.
Global Geospatial Imagery Analytics Market is expected to project a notable CAGR of XX.X% in 2030.
Global Geospatial Imagery Analytics Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. Primary market growth drivers include the need for natural resources, infrastructure and services to be managed and information systems to be built for government agencies and companies.
Global Geospatial Imagery Analytics Market: Segments
Geographic information system Segment to grow with the highest CAGR of XX.X% during 2019-30
Global Geospatial Imagery Analytics Market is segmented by Collection Medium into Geographic information systems, Satellites, Unmanned aerial vehicles and Others. The greater market share in 2019 was accounted for by the GIS and is expected to see the highest growth during the forecast period. The creation of the GIS segment can be attributed to the need to help environmental protection in the event of natural disasters, catastrophes and climate change. It can also be used to find and visualize spatial trends in the data on the map to assess potential threats and contingency plans.
Global Geospatial Imagery Analytics Market: Market Dynamics
Technological advancements in geospatial imagery analytics
Growing geospatial analytics market growth, disposable incomes, and growing progress in analytics technology are the key factors driving the growth of the geospatial imagery analytics market. Moreover, in the future analytics industry, geospatial imagery analysis is expected to have a strong demand.
Stringent government policies regarding geospatial data
The legal issues and stringent government policies are expected to restrain the growth of the global geospatial imagery analytics industry, over the forecast period.
Global Geospatial Imagery Analytics Market: Regions
Global Geospatial Imagery Analytics Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Global Geospatial Imagery Analytics Market in North America held the largest market share of XX.X% in the year 2019 because of developments in the use of the Internet of Things ( IoT), Machine Learning (ML), Big Data, Artificial Intelligence ( AI), and its incorporation with communication-enhancing geospatial technologies, The demand for geospatial imagery analytics in APAC is expected to increase with the rising number of start-ups and growing government investments in geospatial technologies. The rise in technological advances and the growth in connected device adoption are also driving the region’s adoption of geospatial technology.
Key Developments in the Market:
• In March 2020, Hexagon launched the Luciad 2020 to deliver faster and more powerful 3D visualization and analysis capabilities and extend the portfolio with LuciadCPillar to incorporate advanced geospatial visualization and analysis into their applications.
Global Geospatial Imagery Analytics Market: Key Players
• Trimble Navigation, Ltd.
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Hexagon AB, General Electric
• RMSI, Bentley Systems, Inc.
• ESRI, MDA Corporation
• Fugro N.V.
• Harris Corporation
• WS Atkins Plc.
• Digital Globe
• Critigen, AAM
Global Geospatial Imagery Analytics Market report also contains analysis on:
Global Geospatial Imagery Analytics Market:
By Collection Medium:
• Geographic information systems
• Unmanned aerial vehicles
By Imaging Type:
• Surface analysis
• Network analysis
• Energy and mining
• Agriculture and forestry
• Media and entertainment
• Civil engineering and archaeology
• Surveillance and monitoring
• Construction and development
• Energy and resource management
• Geospatial data acquisition and mapping
• Conservation and research
• Disaster management
• Exhibition and live entertainment
• Geospatial Imagery Analytics Market Dynamics
• Geospatial Imagery Analytics Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints