Geospatial Imagery Analytics Market: Consumption Volume, Value and Import

Posted by Sakshi Mishra on January 14th, 2021

Segmentation:

The global geospatial imagery analytics market is segmented on the basis of type, application, end use, and region.

By type, the global geospatial imagery analytics market is segmented into imagery analytics and video-based analytics.

By application, the global geospatial imagery analytics market is segmented into drones/UAVs, space and satellites, geographic information systems, aircraft, and others.

By end use vertical, the global geospatial imagery analytics market is segmented into defense and security, environmental monitoring, mining, manufacturing, energy and utility, agriculture, healthcare and life sciences, and others.

Regional Analysis:

Europe holds the largest share in the global geospatial imagery analytics market, followed by North America. These two regions have benefitted from the extensive investment from governments in the space exploration field. Germany, France, Russia, the U.S., and China are among the leading regional markets for geospatial imagery analytics.

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Geospatial imagery analytics is a recent field of research developed due to the growing investment in space exploration and the commercial uses of the same. Geospatial imagery includes images taken from space or geostationary orbit, which can be used for gathering information on various aspects of the landscape being pictured. The growing use of space imagery in environmental monitoring is likely to be a major driver for the global geospatial imagery analytics market over the forecast period. Environmental monitoring has been made much easier by the advent of geospatial imaging, as it allows for a clear picture of various environmental factors having an impact on the climate on the planet. Increasing investment in environmental monitoring from governments around the world has been a major driver for the global geospatial imagery analytics market over the last few years. The increasing prevalence of wildfires is likely to be a major driver for the global geospatial imagery analytics market, as geospatial imagery analytics provide a clear coverage of forest fires and can suggest the most efficient ways of bringing the fires under control.

The growing use of geospatial imagery analytics in agriculture and mining is also likely to be a major driver for the global geospatial imagery analytics market over the forecast period. Geospatial imagery analytics provides the agriculture sector with an accurate overview of farm sizes and locations, allowing for precise operations through the entire sector. 

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Sakshi Mishra

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Sakshi Mishra
Joined: September 30th, 2020
Articles Posted: 512

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