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Global Remote Sensing Software Market to be Driven by the Increasing Application of the Software in the Defence and Homeland Security Sector in the Forecast Period of 2022-2027

09-21-2022 02:35 PM CET | Science & Education

Press release from: Expert Market Research

Global Remote Sensing Software Market to be Driven by

The new report by Expert Market Research titled, 'Global Remote Sensing Software Market Size, Report and Forecast 2022-2027', gives an in-depth analysis of the global remote sensing software market, assessing the market based on its segments like components, deployment models, types, applications, end-users, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/remote-sensing-software-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

Historical Market Size (2021): USD 3 Billion
Forecast CAGR (2022-2027): 36%
Forecast Market Size (2027): USD 7 Billion

The application of the remote sensing software has been on a rise in defence organisations and homeland security owing to the increasing risk of intrusion, to provide essential geographical information to the commando forces, and to monitor the acquisition of war weapons by the enemies.

Meanwhile, the growing adoption of the cloud-based remote sensing software by the healthcare and weather forecasting industry, among others, is anticipated to be a major augmenting factor. Moreover, remote sensing is gaining traction for the purpose of managing water resources, for finding bioresources, and for monitoring the level of water pollution. This factor is likely to aid the market in the coming years.

Geographically, North America accounts for a significant share in the market owing to the thriving offshore engineering activities in the United States of America, coupled with the strong foothold of major remote sensing software providers.

Industry Definition and Major Segments

Remote sensing software is defined as a type of software which provides information about the physical characteristics of a particular area by using airborne and satellite sensor data. Remote sensing software eradicates the need of being physically present in the area for analysis.

Some of the prominent features of the software include change detection, which means determining the changes from an image during different times.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/remote-sensing-software-market

On the basis of component, the market can be segmented into:

Software
Service

Based on deployment model, the market has been bifurcated into:

On-Premises
Cloud

The significant types of the software included in the market are as follows:

Web Based
Mobile

The major applications of the software include:

Ground Based
Satellite
Airborne

By end-user, the market has been segmented into:

Defence
Defence Organisations
Homeland Security
Commercial
Energy and Power
Agriculture
Healthcare
Scientific Research
Weather Forecasting
Others

The regional markets for remote sensing software include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Market Trends

The key trends in the remote sensing software market include the technological advancements in the agriculture industry, which is leading to the rampant adoption of remote sensing software to procure soil moisture data, and to determine the quantity of moisture in the soil.

In addition to this, the increasing demand for this software to bolster the irrigation monitoring and management is anticipated to propel the market growth in the forecast period.

Moreover, the anticipated increase in the demand for remote sensing software from military and defence industry, owing to the rising geopolitical tensions and international conflicts, will provide impetus to the market in the coming years.

Key Market Players

The major players in the market are Hexagon AB, BAE Systems plc, Harris Geospatial Solutions, Inc., Merrick & Company, and Textron Systems, among others.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Media Contact:

Company Name: Claight Corporation
Contact Person: Sophia Grace, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
LinkedIn:- https://www.linkedin.com/company/expert-market-research

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skillful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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