Geospatial Imagery Analytics Market Analysis and Forecast 2018-2025 with Key Players DigitalGlobe, Hexagon AB, UrtheCast, Harris Corporation, Trimble Inc., Google, KeyW Corporation, RMSI Pvt. Ltd., Bentley Systems, Esri, Fugro, Nokia, Oracle, Pitney Bowes
Global Analysis of 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.
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In geospatial imagery analytics, data is collected in the form of geo-referenced satellite images, and then it is embodied in two different ways comprising of raster and vector. Enterprises are using geospatial imagery analytics information to inspect their operational efficiency to endure their company position in this competitive surrounding. It has its wide application in defense & security, government, environmental monitoring, energy, utility, and natural resources, engineering & construction, mining & manufacturing, insurance, agriculture, healthcare & life sciences.
Company Share Analysis of Global Geospatial Imagery Analytics Market:
The report for geospatial imagery analytics market report include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
• Digital Globe Inc.
• EOS Data Analytics, Inc.
• Google Inc.
• Harris Corporation
• Hexagon AB
• KEYW Corporation
• Pitney Bowes
• Satellite Imaging Corporation
• Trimble Inc.
• Trimble Navigation
• Urthecast Corporation
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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.
On the basis of type:
• Imagery Analytics
• Video Analytics
On the basis of collection medium:
• Geographic Information Systems (GIS)
• Unmanned Aerial Vehicles (UAVS)
• Others (helicopters, aircraft, Heli kites, kites, balloons, and airships)
On the basis of vertical:
• Defense & Security
• Environmental Monitoring
• Utility And Natural Resources
• Engineering & Construction
• Mining & Manufacturing
• Healthcare & Life Sciences
On the basis of geography:
• North America
• South America
• 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.
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