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Global Geospatial Imagery Analytics Market: Trends Analysis & Forecasts to 2021

Geospatial imagery refers to the image or video data about inner or outer surface of the earth. Analysis of geospatial imagery data helps to provide insights about historical shifts, present occurrences and future predictions about changing earth surface and its impact on human beings. Infinium Global Research predicts the Global Geospatial Imagery Analytics market to grow from USD 2.62 Billion in 2016 to USD 10.34 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 31.6%. The year 2016 has been considered as the base year, while the forecast period is upto 2021. Global Geospatial Imagery Analytics Market Geospatial imagery refers to the image or video data about inner or outer surface of the earth. Analysis of geospatial imagery data helps to provide insights about historical shifts, present occurrences and future predictions about changing earth surface and its impact on human beings. Correlation of geospatial imagery data with other factors such as population, humidity, crop yield, water, insurance etc. helps the government and business organizations to deploy strategies related to different projects. Increasingly, organizations nowadays are beholding to a variety of data type including social data, text data, machine data, transaction data and diverse forms of analysis in order to achieve long-term sustainability. Geospatial analytics tools are integrated with the other technologies to help in business transformation covering the areas from marketing to operation management. Across the globe, businesses are focusing to incorporate analytics with geographic information system (GIS) to get insights from Real time market intelligence; to strategize the business and thereby boosting the growth of Geospatial Imagery Analytics market. The Geospatial Imagery Analytics adds geographic context to organization’s critical data in the form of videos and images captured through satellites, unmanned aerial vehicles (UAVs), GIS and other sources. Geospatial Imagery Analytics assists in managing resources, predicting outcomes and improving practices for security and safety of the organization; therefore increasing the demand of location-based data, perimeter detection, pattern recognition, and incident detection. Thus, increasing monetization of geospatial data and increasing use of geospatial imagery data analytics for business decision making has propelled the growth of Geospatial Imagery Analytics Market. By data collection medium, GIS segment is expected to reflect the highest growth in the market. Among the verticals, defence & security segment is expected to dominate the overall market during the forecast period.this is attributed ti increasing the need of situational monitoring for intelligent investigation and enhanced security. Healthcare segment across the globe is expected to grow with highest CAGR during the forecast period due to increasing deployment of Geospatial Imagery Analytics solutions for deploying value added healthcare services. Segments Covered: The report segments the geospatial imagery analytics market by type, collection medium and vertical. The type segment includes image and video. The collection medium segment includes global information system, satellite, unmanned aerial vehicles and others. The vertical segment includes agriculture, aurospace & defense, banking, financial services & insurance, government, environment monitoring, energy & utilities, engineering & construction, healthcare & life sciences, manufacturing and others. Companies Profiled:
  • DigitalGlobe – NYSE:DGI
  • EOS Data Analytics
  • Geocento
  • Google – NASDAQ:GOOGL
  • Harris Corporation – NYSE:HRS
  • Hexagon AB – Nasdaq Stockholm:HEXA B
  • KeyW Corporation
  • Satellite Imaging Corporation
  • Trimble – NASDAQ:TRMB
  • UrtheCast – TSX:UR.
Geographic Coverage and Analysis: The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America leads the global geospatial imagery analytics market followed by Europe and Asia-Pacific.The geospatial imagery analytics market in Asia-Pacific is projected to reflect highest CAGR over the forecast period.

Table of contents

1. Preface 1.1. Report Description 1.2. Research Methods 1.3. Research Approaches 2. Executive Summary 3. Global Geospatial Imagery Analytics Market Overview
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About this Report
Report ID 108104
Category
  • Equipment
Published on 27-Jun
Number of Pages
Publisher Name GlobeMetrix
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