Geospatial Imagery Analytics Market Report 2022: Latest Insights, Growth Rate, Future Trends And Forecast To 2031

The global geospatial imagery analytics market report by the business research company the increasing demand for small satellites to be a major growth driver for the geospatial imagery analytics market. The small satellites are usually less than 100 kg, or the size of suitcases. These satellites are used in imagery analytics for analyzing small pieces of information across the globe with less cost, and more reliable and accurate results in minute operations. For instance, in February 2022, according to BryceTech's data, an Egypt-based analytics and engineering firm, the small satellite business continued to develop at a strong rate, with the number of small satellites (600 kg) launched increasing 45% year over year. In addition, Starlink, a US-based satellite internet company, and OneWeb, a UK-based communications company, are responsible for nearly all of the 1,743 tiny satellites launched in 2021, accounting for nearly 95 percent of the total upmass. Thus, the upsurge in demand for small satellites drives the growth of the geospatial imagery analytics market.

The global geospatial imagery analytics market size is expected to grow from $7.44 billion in 2021 to $9.57 billion in 2022 at a compound annual growth rate (CAGR) of 28.6%. The global geospatial imagery analytics market size is expected to grow to $25.04 billion in 2026 at a CAGR of 27.2%.

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North America was the largest region in the geospacial imagery analytics market in 2021. The regions covered in the global geospacial imagery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the geospatial imagery analytics market are Oracle Corporation, Hexagon AB, Environmental Systems Research Institute Inc. (ESRI), TomTom International B.V, Trimble Inc, RMSI Private Limited, Planet Labs Inc, Maxar Technologies Inc., L3Harris Corporation, UrtheCast Corporation, Google Inc, Harris Corporation, ZillionInfo, Orbital Insight, and Mapidea.

The global geospatial imagery analytics market is segmented -
1) By Type: Video-Based Analytics, Imagery Analytics
2) By Geospatial Technology: Global Positioning System (GPS), Geographical Information System (GIS), Remote Sensing (RS), Unmanned Aerial Vehicle (UAV)
3) By Deployment Mode: Cloud, On-Premises
4) By Organization Size: Large Enterprises, Small and Medium-Sized Enterprises (SMEs)
5) By Application: Agriculture, Mining and Manufacturing, Defense and Security, Energy, Utility, and Natural Resources, Government, Healthcare, Insurance, Others

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The Geospatial imagery analytics market Report Contents Include
1. Executive Summary
2. Geospatial Imagery Analytics Market Characteristics
3. Geospatial Imagery Analytics Market Trends And Strategies
4. Impact Of COVID-19 On Geospatial Imagery Analytics
5. Geospatial Imagery Analytics Market Size And Growth
......
26. Africa Geospatial Imagery Analytics Market
27. Geospatial Imagery Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Geospatial Imagery Analytics Market
29. Geospatial Imagery Analytics Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the geospatial imagery analytics market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market

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