Remote Sensing Services Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=87605355
The Remote Sensing Services Market is estimated to be USD 13.2 billion in 2022 and is projected to reach USD 26.6 billion by 2027, at a CAGR of 14.9% from 2022 to 2027. The market is driven by factors such as rise in global focus on using satellite, UAV aerial images for various applications like precision agriculture, real estate monitoring, power line inspection among many others
Based on application, Defense & Security segment is projected to lead the market during the forecast period.
Defense & security is one of the main verticals that use geospatial technologies in their operational activities. GIS, GPS, IoT, and remote sensing are used in defense operations such as command & control, force protection & security, intelligence, surveillance, military engineering, mission planning, data modeling, simulation, training, terrain analysis, visualization, and naval operations.
Crime mapping can be done using GIS and satellite imagery, allowing analysts to spot patterns in the occurrence of crimes, as well as trends and escape routes used by criminals. Additionally, GIS tools can be used with AI to predict areas that are vulnerable to attack.
Based on end use, military & government segment is estimated to dominate the market during the forecast period
The innovation of remote sensing technology plays a vital role in defense forces. Geographical Information Systems (GIS) have provided essential and accurate information to military operations. Military commanders' concept of Command, Control, Coordination, and Communication depends largely on spatial data from GIS.
Battlefield management is a system that integrates, monitors, and processes information to enhance efficient command and control military operations. Remote sensing technology has changed the way battles are planned during wars. The military commander in the battle uses spatial data and GIS systems for digital mapping, planning for battlefield operations, and command control.
Satellites owned by private companies have played an unexpectedly important role in the war in Ukraine in early August 2022.
Based on type, aerial photography & remote sensing segment to have highest market share in 2022
Aerial photography is being used widely for archaeological purposes due to the fact that remote sensing data helps to recognize site locations and record and monitor changes in their landscapes through time. It is also used to discover subsurface features by means of the topsoil characteristics or by stereoscopic examination of images. Inspection of low-altitude oblique and vertical photographs can detect textural soil variations, such as shadow marks, crop marks, and soil marks; most of which are caused by the disturbances of the soil's matrix by the presence of underground features and the corresponding differences in moisture conditions.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=87605355
North America accounted for the largest share of the remote sensing services market in 2022. The presence of major service providers, such as Maxar Technologies (US), Planet Labs PBC (US), and Terra Remote Sensing (Canada), is one of the most significant factors driving the demand for remote sensing services in this region. North America is expected to continue its dominance in the remote sensing services market during the forecast period. However, the market in Asia Pacific is projected to record the highest CAGR of 17.5% during the forecast period.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Remote Sensing Services Market Set to Grow at the Fastest Rate- Time to Grow your Revenue here
News-ID: 2754364 • Views: 159
More Releases from MarketsandMarkets
Carbon Credit Trading Platform Market Size to Hit $200.6 billion by 2027 | Nasda …
According to a research report "Carbon Credit Trading Platform Market by Type (Voluntary, Regulated), System Type (Cap and Trade, Baseline and Credit), End Use (Industrial, Utilities, Energy, Petrochemical, Aviation), and Region - Global Forecast to 2027" published by MarketsandMarkets, the carbon credit trading platform market size is estimated to be USD 200.6 billion by 2027 (forecast year) from USD 67.3 billion in 2022 (estimated year), at a CAGR of 24.4%
System Integrator Market to Witness the Highest Growth in North America Region
System integrator market for industrial automation is valued at USD 27.0 billion in 2022 and is anticipated to USD 35.5 billion by 2027; growing at a CAGR of 5.6% from 2022 to 2027. The growth can be attributed to a significant increase in adoption of IoT and cloud computing in industrial automation. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=223504983 System integrator market for industrial automation based on service outlook has been segmented into Hardware
Military Vehicle Electrification Market Set to Grow at the Fastest Rate- Time to …
The report provides an analysis of the Military Vehicle Electrification market from 2022 to 2027. Current industry and technology trends prevailing in the market, compiled with drivers, restraints, challenges, and opportunities that influence the market growth, have been discussed comprehensively in the report. The military vehicle electrification market will be USD 3.5 billion in 2022 and is projected to be USD 15.1 billion by 2027 at a CAGR of 34.1%
With 5.4% CAGR, Integrated Bridge Systems Market Growth to Surpass USD 7.9 billi …
The report on the integrated bridge systems market provides an analysis of the market from 2019 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market. The integrated bridge systems market is projected to grow from USD 6.1 Billion in 2022 to USD 7.9 Billion by 2027, at a CAGR of 5.4% from
More Releases for GIS
Mobile GIS Market is Anticipated to Gain Moderate CAGR by 2027 | ESRI, GIS Cloud
Mobile GIS market research analysis depicts severe economic consequences caused due to the outbreak COVID-19, which affected the entire society and world economy. Present and previous pricing structure made here helps industry players to bring the right products into the market and gain huge returns. Newly entering market player needs to take the help of this Mobile GIS market research when launching any new product. A few of the vital
GIS Software Market 2025 by Component, Type of GIS Software, Functions, Organiza …
Increasing adoption of GIS for facilities management, integration of GIS with mainstream technologies for business intelligence, and growing demand for GIS software for smart cities development as well as urban planning have fueled the growth of the global GIS Software Market. For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5259 The global GIS software market was valued at $3.24 billion in 2017 and is expected to hit $7.86 billion in 2025, registering a CAGR of 11.8% from
Geographic Information System Market (GIS) 2019 Global Analysis by Top Industry …
Global Geographic Information System Market 2019-2024 Research Report is an exhaustive study on the present industry scenario of the Global Geographic Information System market with a special focus on the industry and growth of the market. The Geographic Information System Market revenue was xx.xx Million USD in 2014, grew to xx.xx Million USD in 2018, and will reach xx.xx Million USD in 2024, with a CAGR of x.x% during 2019-2024.
Global Cloud GIS Market 2017: SuperMap, GeoStar, Google Maps (Google), Bing Maps …
Global Cloud GIS Market Report 2017-2022 Industry research report that focuses on Cloud GIS Market and provides in-depth Global Cloud GIS market analysis and future prospects of Cloud GIS market 2017-2022 analyses the crucial factors of the Cloud GIS market based on current industry conditions, market trends & demands, business methods embraced by Cloud GIS market contenders and their growth scenario. This report also provides in-depth data of Cloud GIS
Global Geographic Information System (GIS Software) Market 2017: Hexagon, Pitney …
The research Report titled Global Geographic Information System (GIS Software) market is an in-depth and a professional document that provides a comprehensive overview and depth perception of the key regional market standing of the Geographic Information System (GIS Software) trade on an global level that especially focuses on the core regions such as North & South America, Europe, Africa, South & Middle East Asia and Australia and also the key
Global Cloud GIS Market 2017-2022 Carto DB, ESRI, Hexagon, GIS Cloud, Mapbox
Cloud GIS Market Research Report A market study ” Global Cloud GIS Market ” examines the performance of the Cloud GIS market Size 2017. It encloses an in-depth Research of the Cloud GIS market state and the competitive landscape globally. This report analyzes the potential of Cloud GIS market in the present and the future prospects from various angles in detail. Request For Sample Report: http://bit.ly/2hgrZNQ The Global Cloud GIS Market 2017