Press release
Global Geospatial Imagery Analytics Market Outlook 2018-2025: Dominated by DigitalGlobe, Hexagon AB, UrtheCast, Harris Corporation, Trimble Inc., Google, KeyW Corporation, RMSI Pvt. Ltd., Bentley Systems, Esri, Fugro, Nokia, Oracle, Pitney Bowes, GE
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.Global Geospatial Imagery Analytics Market, By Type (Imagery Analytics and Video Analytics), By Collection Medium (Geographic Information Systems (GIS), Satellites and Unmanned Aerial Vehicles (UAVs), Others), By Industry Vertical (Defense & Security, Government, Environmental Monitoring, Insurance, Agriculture, Healthcare & Life Sciences and others) and By Geographical Segments – Forecast to 2025
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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.
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.,
General Electric Company
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Report Segmentation:
On the basis of type:
• Imagery Analytics
• Video Analytics
On the basis of collection medium:
• Geographic Information Systems (GIS)
• Satellites
• Unmanned Aerial Vehicles (UAVS)
On the basis of vertical:
• Defense & Security
• Government
• Environmental Monitoring
• Energy
• Utility And Natural Resources
• Engineering & Construction
• Mining & Manufacturing
• Insurance
• Agriculture
• Healthcare & Life Sciences
On the basis of geography:
• North America
• South America
• Europe
• Asia-Pacific
• 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. In 2017, North America is expected to dominate the market.
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.
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Key Questions Answered In This Report
1. What will the market size be in 2025 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the key vendors?
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