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Global Aerial Imaging Market by Comprehensive Analysis on Industry Dynamics, Market Size, Current Trends, Issues, Challenges and Forecast to 2024
The capability of aerial imagery in order to provide an improved and sudden view of any surface specifically in construction activities for instance for the development of the water-based and thermal project is expected to bolster the demand for aerial imagery market across the globe.
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Moreover, increasing adoption of this technology in several areas such as surveillance and monitoring, energy and resource management, geospatial, conservation and research and disaster management is the major factor driving the growth of this market.
The global aerial imagery market on the basis of type is segmented into vertical, low oblique and high oblique. Among these segments, a high oblique category is expected to witness the fastest growth of 15.3% during the forecast period and the vertical imagery segment is projected to generate revenue of USD 1.9 billion by 2024.
North America is expected to generate the largest revenue of USD 841.8 million and is also expected to witness the fastest CAGR of 15.5% during the forecast period in the market.
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Asia-Pacific is expected to witness considerable growth during the forecast period. The growth of this market is attributed to swelling demand for monitoring and surveillance in order to resist global threats.
Some of the major players in the aerial imagery industry are EagleView Technologies, Inc., Fugro N.V., Digital Aerial Solutions LLC, Google Inc., Kucera International Inc., Blom ASA, Getmapping PLC, Nearmap Ltd., High Eye Aerial Imaging Inc., and NRC Group ASA.
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Key Findings of Aerial Imaging Market
o In 2015, government segment dominated…
