Geospatial Imagery Analytics Market Scope, Trend, Vendor Competition, Analysis and Forecast to 2022


Posted February 26, 2018 by MarketUpdates

Geospatial analytics is now adopted in surveying and mapping of plantation crops.
 
Geospatial imagery analytics help in several ways to handle issues related to public health and it also helps the healthcare and life science industry by monitoring and analyzing the altering environmental conditions. Geospatial analytics is now adopted in surveying and mapping of plantation crops. It now plays a crucial role in the agricultural sector as it helps in yield production, forecasting the outcomes, improving farming outcomes and managing resources.

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The benefits associated with the usage of geospatial imagery technology sum up as better precision, enhanced data safety, improved cost efficiency, improved productivity, rapid decision making, cost efficiency, improved productivity, transparency and improved planning. Market drivers of geospatial analytics market constitute as commercialization of geospatial data, technological developments. Others, such as increased applications of geospatial imagery analytics in healthcare and life sciences have been the major driving factors of Geospatial Imagery Analytics Market.

On the basis of technology, the geospatial imagery market is segmented into aerial imagery, electronic total stations, GIS, LiDAR/Laser scanning, GNSS, Radar, satellite imagery, UAVs/Drone. On the basis of industry verticals, the global market is segmented into agriculture, disaster management, electricity, forest, environment and climate change, urban development, infrastructure, healthcare and life sciences and water resources. The healthcare and life sciences hold a largest share in this segment and are projected to grow at a higher CAGR for the forecast period. On the basis of application areas, the global market is segmented into application areas which include assets and resource management, information systems, monitoring, data acquisition and visualization, planning and analysis, and surveying and mapping. The geospatial imagery analytics market is segmented by type into image and video.

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The image segment is forecasted to dominate the market share owing to heavy use in applications across various verticals, increasing demand of high resolution imagery and accessibility to low cost earth imagery source. On the basis of geography, the global market is segmented into North America, Europe, Asia-pacific, Middle east and Africa. Currently, Europe is leading the global market. North America is predicted to dominate the market from 2017 owing to the presence of big players. The key players in the global geospatial analytics market include Hexagon AB Digital Globe Inc., UrtheCast Corporation, Trimble Inc., Google Inc., EOS Data Analytics, Inc. Geocento, Satellite Imaging Corporation, KEYW Corporation and Harris Corporation. Mergers and acquisitions, partnerships and collaboration new product launches are some of the strategies adopted by key players.

Market Segment:

This report studies the global Geospatial Imagery Analytics market, analyzes and researches the Geospatial Imagery Analytics development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
• Hexagon AB
• Harris Corporation
• Digital Globe
• Environmental Systems Research Institute
• Google
• Satellite Imaging Corporation….

Market segment by Type, Geospatial Imagery Analytics can be split into
• Imagery Analytics
• Video Analytics

Market segment by Application, Geospatial Imagery Analytics can be split into
• Defense & Security
• Government
• Environmental Monitoring
• Mining & Manufacturing
• Energy, Utility, and Natural Resources
• Engineering & Construction
• Insurance
• Agriculture
• Healthcare & Life Sciences
• Others

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Last Updated February 26, 2018