Geospatial Imagery Systems Market Set For Rapid Growth, Technological Advancement And Industry Trends By 2028 | Top Players: Textron Defense Systems, Raytheon Company, Israel Aerospace Industries, General Dynamics, Denel Dynamics, Boeing, Rafael Advanced

A recent report published by QMI on the geospatial imagery analytics market is a detailed assessment of the most important market dynamics. After carrying out a thorough research of geospatial imagery analytics market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for geospatial imagery analytics during the forecast period. It can enable manufacturers of geospatial imagery analytics to change their production and marketing strategies in order to envisage maximum growth.

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According to the report, the geospatial imagery analytics is a comprehensive solution system which helps to provide imagery, both video as well as image data, of the earth. This data helps companies in various sectors to take preventive and precautionary measures.

The global geospatial imagery analytics market is segmented based on type, collection medium and vertical.

Based on type, it is segmented into Imagery Analytics, Video Analytics. The video analytics has seen a growth in its demand and usage due to the increasing demand for satellites and drone video surveillance in various industries.

By collection medium, it is segregated into GIS, Satellites, and UAVs. The UAVs are majorly used owing to their cost-effectiveness over other collection mediums
Based on vertical, it is segmented into defense & security, insurance, agriculture, and healthcare & life sciences. Geospatial imagery is widely used in healthcare services due to the increasing deployment of geospatial imagery analytics solutions in value-based healthcare services and population health management.

Factors that will have a significant impact on the market growth are:

o The increasing adoption of video-based imagery
o Growth of the mining, manufacturing, engineering and construction industries

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Insights about the regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market. For the geospatial imagery analytics market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific, and Western Europe are expected to be major regions on the geospatial imagery analytics market.
North America and Western Europe have been dominant players in this market with the presence of major companies that have a strong infrastructure to boost the aerospace & defense sector. In addition, some of the major countries like the US, France, UK, and Canada have been global exporters of aerospace & defense technologies due to established research & development centers, and others. Also, some of the major companies operating in the geospatial imagery analytics market are headquartered in these regions.

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The Asia Pacific region is estimated to register fastest growing geospatial imagery analytics market since some of the major economies like China, India, and South Korea are present in the region. In recent decades, these countries have witnessed strong government spending on defense infrastructure, as well as promoting air transport and space research.

During the forecast period, the Middle East region is estimated to be a potential region for the geospatial imagery analytics market in the aerospace and defense sector. It is estimated that Eastern Europe will have stable demand during the forecast period. Also, the rest of the world is expected to be an emerging market with increasing demand.

Companies Covered: Textron Defense Systems, Raytheon Company, Israel Aerospace Industries, General Dynamics, Denel Dynamics, Boeing, Rafael Advanced Defense Systems Ltd. BAE Systems, OTO Melara S.P.A, L-3 Fuzing, and Ordnance Systems Inc. and Alliant Techsystems Inc.

Market Segmentation:

By Product:
o Missiles
o Munitions
o Guided Rockets
o Guided Projectiles
o Guided Firearms

By Platform:
o Land
o Air
o Naval

By Technology:
o Infrared
o Lasers
o GPS
o Radar
o Others

By Region:

North America
o By Country (US, Canada, Mexico)
o By Product
o By Platform
o By Technology

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Product
o By Platform
o By Technology

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Product
o By Platform
o By Technology

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Product
o By Platform
o By Technology

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Product
o By Platform
o By Technology

Rest of the World
o By Region (South America, Africa)
o By Product
o By Platform
o By Technology

Reasons to Buy This Report:

o Market size estimation of the global geospatial imagery market on a regional and global basis
o The unique research design for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

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This release was published on openPR.