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Rising Environmental Concerns Drive Growth In Artificial Intelligence For Earth Monitoring: Key Factor Driving The Growth In The Artificial Intelligence (AI) For Earth Monitoring Market
Artificial Intelligence (AI) For Earth Monitoring Market
What Is the Expected Artificial Intelligence (AI) For Earth Monitoring Market Size During the Forecast Period?
The artificial intelligence (AI) for earth monitoring market has surged in size in recent years. It is expected to grow from $2.94 billion in 2024 to $3.56 billion in 2025 at a CAGR of 20.9%. This past growth was influenced by the increased availability of satellite data, rising environmental awareness, government policies and regulations, advancements in high-resolution sensors, funding and investments in environmental technology, and collaborations between tech firms and environmental organizations.
The artificial intelligence (AI) for earth monitoring market is projected to see exponential expansion, growing to $7.5 billion by 2029 at a CAGR of 20.5%. This growth will be driven by rising concerns about climate change, the increasing frequency of natural disasters, developments in machine learning, the expansion of satellite networks, rapid urbanization and industrialization, a heightened emphasis on sustainability, and improved data integration capabilities. Key trends during the forecast period include the integration of AI with IoT, advancements in computer vision, the emergence of AI-driven predictive analytics, the expansion of cloud-based AI solutions, real-time data processing, enhanced collaboration platforms for data sharing, and the rise of customizable AI solutions.
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What Are the High-Growth Segments in the Artificial Intelligence (AI) For Earth Monitoring Market?
The artificial intelligence (AI) for earth monitoring market covered in this report is segmented -
1) By Technology: Machine Learning, Natural Language Processing, Computer Vision, Other Technologies
2) By Application: Atmosphere Monitoring, Land Monitoring, Marine Monitoring, Climate Monitoring, Other Applications
3) By End User: Government And Public Sector, Private Sector, Research And Academia
Subsegments:
1) By Machine Learning: Supervised Learning, Unsupervised Learning, Reinforcement Learning, Deep Learning, Neural Networks, Predictive Analytics For Climate And Environmental Changes
2) By Natural Language Processing (NLP): Text Analysis and Mining, Speech Recognition For Earth Monitoring Systems, Sentiment Analysis For Environmental Feedback, Chatbots For Real-time Monitoring and Alerts
3) By Computer Vision: Satellite Image Analysis, Object Detection And Classification, Remote Sensing, Land Use And Land Cover Mapping, Change Detection In Environmental Features
4) By Other Technologies: Robotic Process Automation (RPA) For Environmental Data Collection, Edge Computing For Real-Time Data Processing, AI-Driven Geospatial Data Analytics, IoT Integration For Earth Monitoring (AI-powered sensors and devices).
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What Key Drivers Are Expected to Influence Future Artificial Intelligence (AI) For Earth Monitoring Market Growth?
The increasing concerns about climate change, deforestation, and pollution are expected to propel the growth of AI in the earth monitoring market. These environmental issues are drawing heightened attention due to their significant impacts on the natural world. AI for earth monitoring is essential in analyzing environmental data, tracking changes, and implementing solutions to address these challenges. For instance, in April 2024, the World Resources Institute reported a 24% increase in global tree cover loss in 2023, rising from 22.8 million hectares in 2022 to 28.3 million hectares. Similarly, in February 2024, the International Energy Agency noted a 1.1% increase in global CO2 emissions from energy-related activities in 2023. These growing concerns are driving the demand for AI in earth monitoring.
Which Companies Hold the Largest Share Across Different Artificial Intelligence (AI) For Earth Monitoring Market Segments?
Major companies operating in the artificial intelligence (AI) for earth monitoring market are Google LLC, Microsoft Corporation, Airbus SE, International Business Machines Corporation (IBM), L3Harris Technologies Inc., EagleView Technologies Inc, Planet Labs Inc, Satellite Applications Catapult Ltd, Spire Global Inc, BlackSky Global Inc, Orbital Insight Inc, Tomorrow.io Inc., SatSure AG, Synspective Inc., Kayrros SAS, Orbital Sidekick Inc., Ursa Space Systems Inc, Satellogic Inc, Earth-I Ltd., Climavision Analytics LLC, Sentinel Hub Ltd
What Trends Are Driving Growth in The Artificial Intelligence (AI) For Earth Monitoring Market?
Generative AI solutions are also enhancing environmental monitoring in the AI for Earth monitoring market. Deloitte Touche Tohmatsu Limited launched a new geospatial and AI platform in January 2024 to support sustainability efforts and climate action strategies. This platform integrates AI and geospatial data to improve urban planning, disaster response, and infrastructure development, providing insights for sustainable decision-making.
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What Are the Emerging Geographies for The Artificial Intelligence (AI) For Earth Monitoring Market Growth?
North America was the largest region in the artificial intelligence (AI) for earth monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) for earth monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Artificial Intelligence (AI) For Earth Monitoring Market?
2. What is the CAGR expected in the Artificial Intelligence (AI) For Earth Monitoring Market?
3. What Are the Key Innovations Transforming the Artificial Intelligence (AI) For Earth Monitoring Industry?
4. Which Region Is Leading the Artificial Intelligence (AI) For Earth Monitoring Market?
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