“Global Geospatial Imagery Analytics Market”, Purchase This Report by calling ResearchnReports.com at +1-888-631-6977.
“Commoditization of geospatial data is one of the factors driving the global geospatial imagery analytics market”
The global geospatial imagery analytics market is projected to grow from USD 2.77 billion in 2017 to USD 10.21 billion by 2022, at a CAGR of 29.8% between 2017 and 2022. The market for geospatial imagery analytics is growing across the globe due to convergence and integration of geospatial technology, increased security and safety needs, and commoditization of geospatial data. However, legal issues pertaining to restrictions in the data collection process, licensing, intellectual property rights, use of geospatial information, and storage of geospatial data, among others, are expected to restrain the market growth.
“The video analytics segment of the market is projected to grow at the highest CAGR during the forecast period”
By type, the video segment of the global geospatial imagery analytics market is estimated to grow at the highest CAGR during the forecast period. The increasing demand for video surveillance systems for perimeter detection, pattern recognition, counting & crowd management, and incident detection, among others is expected to drive growth of the video analytics segment during the forecast period.
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This study provides detailed segmentation of the geospatial imagery analytics market on the basis of type, collection medium, vertical, and region. By type, the market is segmented into image and video. By collection medium, the market is segmented into GIS (Geographic Information System), satellites, UAVs, and others. By vertical, the market is further segmented into defense & security; government; environmental monitoring; energy, utility & natural resources; engineering & construction; mining & manufacturing; insurance; agriculture; healthcare & life sciences; and others. The geographic analysis includes regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America
Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in the following ways:
- This report comprehensively segments the global geospatial imagery analytics market and provides the closest approximations of the revenue numbers for the overall market and sub segments across different verticals and regions.
- The report helps stakeholders to understand the pulse of the market and provides them information on key drivers, restraints, challenges, and opportunities in the global geospatial imagery analytics market.
- This report helps stakeholders to obtain better understanding of their competitors and gain more insights to enhance their position and business in the global geospatial imagery analytics market. The competitive landscape section includes new product launches, partnerships, agreements & collaborations, mergers & acquisitions, and expansions undertaken by the key players in the global geospatial imagery analytics market
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