The Global Geospatial Imagery Analytics Market anticipated to be $9.19 Bn by 2025

Tuesday 26 May 2020, Amsterdam

According to a new market intelligence report titled "Global Geospatial Imagery Analytics Market − Analysis and Forecast 2020-2025", the geospatial imagery analytics market is expected to register a significant growth due to the rise in the adoption of emerging technologies such as Artificial Intelligence (AI), Internet of Things (IoT), cloud computing, and bid data, increasing demand for small satellites, and the overall growth of the geospatial industry.

In addition, mainstreaming of geospatial technology has also led to the growth and adoption of geospatial content and analytics, thus providing solutions to various industries such as agriculture, retail, transport & logistics, utilities and defense. The end users of these industries are heavily investing development of in geospatial technologies such as geo-referencing, mapping, visualization, and risk management to enhance their offerings as well as in making better decisions. Such developments are expected to present an opportunity for the geospatial imagery analytics market.

According to Amy Gracia, a Research Analyst, “The rising demand for global geospatial imagery analytics technologies, such as artificial intelligence, cloud computing, remote sensing, UAVs and immersive technologies such as 3D imaging, LiDAR, and Virtual Reality and Augmented Reality (AR/VR) are enhancing the capabilities of the geospatial technologies. As a result, it is forcing the key stakeholders to develop products with advanced technologies. Moreover, the continuous efforts of the geospatial companies along with the government agencies is expected to drive the market.”

The market report provides a detailed analysis of the recent trends influencing the market, along with a comprehensive study of the future trends and technological developments. It also includes a competitive analysis of the leading players in the industry. The overall market has been segmented on the basis of application, geospatial technology, imaging type, analysis, deployment model and region. The report also includes a comprehensive section on the regional analysis for North America, Europe, Asia-Pacific, and Rest-of-the-World.

Some of the key players in the global deep space exploration and technology market include Hexagon AB, L3Harris Geospatial, Digitalglobe, Environmental Systems Research Institute (Esri), Inc., Google, Trimble, RMSI, Planet Labs, Urthecast Corporation, and Fugro N.V. among others.

Key questions answered in the report:

• What are the major driving forces that tend to increase the demand for the geospatial imagery analytics during the forecast period 2020-2025?
• What are the major challenges inhibiting the growth of the global geospatial imagery analytics market?
• Who are the key players in the global geospatial imagery analytics market?
• What is the estimated revenue generated by the global geospatial imagery analytics market by segment (application, imaging type, geospatial technology, analysis, deployment model) in 2019, and what will be the estimates by 2025?
• What are the industry trends in the global geospatial imagery analytics market?
• How is the industry expected to evolve during the forecast period 2020-2025?
• What are the new strategies adopted by the existing market players to enhance geospatial imagery analytics?
• What are the major opportunities that the geospatial imagery analytics stakeholders foresee?