The geospatial imagery analytics market size is projected to be valued at US$ 7.2 billion in 2023 and is expected to reach US$ 44.58 billion by 2033. The sales of geospatial imagery analytics are expected to record a significant CAGR of 20.00% during the forecast period.
Various Factors Propelling the demand for the Geospatial Imagery Analytics Market are:
Attribute | Details |
---|---|
Market Estimated Size (2023) | US$ 7.2 billion |
Market CAGR (2023 to 2033) | 20.00% |
Market Forecasted Size (2033) | US$ 44.58 billion |
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In contrast to the 12.5% CAGR observed between 2018 and 2022, the demand for geospatial imagery analytics is anticipated to record a CAGR of 20.00% between 2023 and 2033. Geographic information system firms are providing both existing and new data to the telecommunications industry with the aid of technologically advanced 5G networks.
The government sector is one area where geospatial imaging analytics are widely used. Technology plays a significant role in government initiatives related to urban development, property identification, agricultural protection, monitoring of geographical regions, and climate change. Government decisions regarding crisis management, boundary management, population management, planning for green spaces, public works projects, controlling wildfires, security, and law enforcement, strategy development, emergency management, evacuation action plans, etc. are all supported by geospatial imagery analytics. The worldwide geospatial imagery analytics market is being driven by the broad range of applications in the government sector.
The geospatial imagery analytics market is also being driven by the enterprises' increased requirement for GIS services to discover customer preferences and boost sales in the targeted demography. Geospatial imaging analytics are being used by businesses to direct their decision-making.
The increasing demand for geospatial imaging analytics, rising disposable incomes, and rapid advancements in analytics technology are the main drivers of this market's expansion. Geospatial imagery analytics is projected to have and high demand in the future analytics market. In coming years, the demand for geospatial imagery analytics has improved among organizations, as it supports pathway changes in patterns and trends over a period.
The technological developments in geospatial imagery analytics have increased the acceptance of geospatial technologies including Remote Sensing (RS), a Global Positioning System (GPS), a Geographical Information System (GIS), and many others.
Also, increasing penetration of geographical information system technology in the service industry, increasing usage of location-based data, and rising demand for open interoperable solutions, are significant factors that are boosting the growth of the geospatial imagery analytics market.
As satellite technology has improved to the point that satellites can now take high-resolution photographs, the imagery analytics category dominated the market in 2020 with a market share of roughly 74.5%. These systems record image-based geographic data as raster and vector images, which contain lines, points, and tabular graphics. These detailed images are proven to be priceless tools for geospatial analysis and modeling.
Many mining businesses are emphasizing generating more value out of their planning, mining, and data processing operations to make informed strategic decisions. One example of this is the use of geospatial imaging analytics to gain a deeper understanding of mining operations.
Defense organizations employ geographic information systems in several ways, including the charting and mapping of all military actions and plans to assist in their decision-making. The administration of the defense estate can benefit greatly from GIS. One of the key benefits of using a geographic information system for managing military bases is that it makes it easier to manage and maintain all of the bases' inventories. Therefore, geospatial imagery analytics' benefits are spurring demand in this market.
China, South Korea, and India are setting the standard for developing 5G and IoT infrastructure, the demand for smart cities, smart infrastructure, and well-planned urban population has increased as a result of this expansion. The market in Asia Pacific is expected to expand throughout the forecast period as a result of these factors.
This was due to an increase in regional spending on new satellite systems. For instance, the federal government in Canada committed around US$ 54 million in December 2017 as part of its support for the International Space Station (ISS) to open the door for the advancement of innovative space robotics technology.
UAVs are widely used in the region in the construction, agricultural, disaster management, and government sectors. Defense and intelligence organizations are likewise embracing a variety of GIS-based technologies due to the crucial function that spatial data plays in these organizations. The agencies can utilize this data to make more rapid and precise decisions about missions related to national security.
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To strengthen their market positions in the worldwide geospatial imagery analytics market, the top players are currently focusing on implementing tactics like adopting new technology, product innovations, mergers and acquisitions, joint ventures, alliances, and collaborations. There have been some significant market developments.
Some of the Key Players Operating in the Market Include:
Latest Developments in the Market
Attribute | Details |
---|---|
Growth Rate | CAGR of 20.00% from 2023 to 2033 |
Base Year of Estimation | 2023 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ billion and Volume in Units and F-CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Key Segments Covered | Analytics Type, Deployment Model, Collection Medium, Application, By Region |
Regions Covered | North America; Latin America; Europe; East Asia; South Asia; The Middle East & Africa; Oceania |
Key Countries Profiled | United States, Canada, Brazil, Mexico, Germany, Italy, France, United Kingdom, Spain, Russia, China, Japan, India, GCC Countries, Australia |
Key Companies Profiled | Trimble Navigation, Ltd.; Hexagon AB; General Electric; RMSI, Bentley Systems, Inc.; ESRI, MDA Corporation; Fugro N.V.; Harris Corporation; WS Atkins Plc.; TomTom; Digital Globe; Critigen, AAM; Nokia |
Customization & Pricing | Available upon Request |
A CAGR of 20% is estimated throughout 2033.
The market in 2023 is valued at US$ 7.2 billion.
Asia Pacific is expected to witness robust growth.
Mining application to expand at 25% CAGR until 2033.
Trimble Navigation, Ltd, and Hexagon AB are some key players.
1. Executive Summary | Geospatial Imagery Analytics Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Technology
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) Analysis By Technology, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Technology, 2023 to 2033
5.3.1. Global Positioning Systems
5.3.2. Geographical Information Systems
5.3.3. Remote Sensing
5.3.4. Unmanned Aerial Vehicles
5.4. Y-o-Y Growth Trend Analysis By Technology, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Technology, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Analytics Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) Analysis By Analytics Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Analytics Type, 2023 to 2033
6.3.1. Video Based
6.3.2. Image Based
6.4. Y-o-Y Growth Trend Analysis By Analytics Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Analytics Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Deployment Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) Analysis By Deployment Type , 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment Type , 2023 to 2033
7.3.1. On-Premise
7.3.2. Cloud
7.4. Y-o-Y Growth Trend Analysis By Deployment Type , 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Deployment Type , 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End-use
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) Analysis By End-use, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-use, 2023 to 2033
8.3.1. Defence & Security
8.3.2. Government
8.3.3. Environment Monitoring
8.3.4. Energy, Utility & Natural resources
8.3.5. Engineering & Construction
8.3.6. Mining & Manufacturing
8.3.7. Healthcare & Life Sciences
8.3.8. Others
8.4. Y-o-Y Growth Trend Analysis By End-use, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By End-use, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022
9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033
9.3.1. North America
9.3.2. Latin America
9.3.3. Europe
9.3.4. South Asia
9.3.5. East Asia
9.3.6. Oceania
9.3.7. MEA
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. The USA
10.2.1.2. Canada
10.2.2. By Technology
10.2.3. By Analytics Type
10.2.4. By Deployment Type
10.2.5. By End-use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Technology
10.3.3. By Analytics Type
10.3.4. By Deployment Type
10.3.5. By End-use
10.4. Key Takeaways
11. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Technology
11.2.3. By Analytics Type
11.2.4. By Deployment Type
11.2.5. By End-use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Technology
11.3.3. By Analytics Type
11.3.4. By Deployment Type
11.3.5. By End-use
11.4. Key Takeaways
12. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Europe
12.2.2. By Technology
12.2.3. By Analytics Type
12.2.4. By Deployment Type
12.2.5. By End-use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Technology
12.3.3. By Analytics Type
12.3.4. By Deployment Type
12.3.5. By End-use
12.4. Key Takeaways
13. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Malaysia
13.2.1.3. Singapore
13.2.1.4. Thailand
13.2.1.5. Rest of South Asia
13.2.2. By Technology
13.2.3. By Analytics Type
13.2.4. By Deployment Type
13.2.5. By End-use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Technology
13.3.3. By Analytics Type
13.3.4. By Deployment Type
13.3.5. By End-use
13.4. Key Takeaways
14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Technology
14.2.3. By Analytics Type
14.2.4. By Deployment Type
14.2.5. By End-use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Technology
14.3.3. By Analytics Type
14.3.4. By Deployment Type
14.3.5. By End-use
14.4. Key Takeaways
15. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. Australia
15.2.1.2. New Zealand
15.2.2. By Technology
15.2.3. By Analytics Type
15.2.4. By Deployment Type
15.2.5. By End-use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Technology
15.3.3. By Analytics Type
15.3.4. By Deployment Type
15.3.5. By End-use
15.4. Key Takeaways
16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Technology
16.2.3. By Analytics Type
16.2.4. By Deployment Type
16.2.5. By End-use
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Technology
16.3.3. By Analytics Type
16.3.4. By Deployment Type
16.3.5. By End-use
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. USA
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2022
17.1.2.1. By Technology
17.1.2.2. By Analytics Type
17.1.2.3. By Deployment Type
17.1.2.4. By End-use
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2022
17.2.2.1. By Technology
17.2.2.2. By Analytics Type
17.2.2.3. By Deployment Type
17.2.2.4. By End-use
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2022
17.3.2.1. By Technology
17.3.2.2. By Analytics Type
17.3.2.3. By Deployment Type
17.3.2.4. By End-use
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2022
17.4.2.1. By Technology
17.4.2.2. By Analytics Type
17.4.2.3. By Deployment Type
17.4.2.4. By End-use
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2022
17.5.2.1. By Technology
17.5.2.2. By Analytics Type
17.5.2.3. By Deployment Type
17.5.2.4. By End-use
17.6. United Kingdom
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2022
17.6.2.1. By Technology
17.6.2.2. By Analytics Type
17.6.2.3. By Deployment Type
17.6.2.4. By End-use
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2022
17.7.2.1. By Technology
17.7.2.2. By Analytics Type
17.7.2.3. By Deployment Type
17.7.2.4. By End-use
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2022
17.8.2.1. By Technology
17.8.2.2. By Analytics Type
17.8.2.3. By Deployment Type
17.8.2.4. By End-use
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2022
17.9.2.1. By Technology
17.9.2.2. By Analytics Type
17.9.2.3. By Deployment Type
17.9.2.4. By End-use
17.10. India
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2022
17.10.2.1. By Technology
17.10.2.2. By Analytics Type
17.10.2.3. By Deployment Type
17.10.2.4. By End-use
17.11. Malaysia
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2022
17.11.2.1. By Technology
17.11.2.2. By Analytics Type
17.11.2.3. By Deployment Type
17.11.2.4. By End-use
17.12. Singapore
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2022
17.12.2.1. By Technology
17.12.2.2. By Analytics Type
17.12.2.3. By Deployment Type
17.12.2.4. By End-use
17.13. Thailand
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2022
17.13.2.1. By Technology
17.13.2.2. By Analytics Type
17.13.2.3. By Deployment Type
17.13.2.4. By End-use
17.14. China
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2022
17.14.2.1. By Technology
17.14.2.2. By Analytics Type
17.14.2.3. By Deployment Type
17.14.2.4. By End-use
17.15. Japan
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2022
17.15.2.1. By Technology
17.15.2.2. By Analytics Type
17.15.2.3. By Deployment Type
17.15.2.4. By End-use
17.16. South Korea
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2022
17.16.2.1. By Technology
17.16.2.2. By Analytics Type
17.16.2.3. By Deployment Type
17.16.2.4. By End-use
17.17. Australia
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2022
17.17.2.1. By Technology
17.17.2.2. By Analytics Type
17.17.2.3. By Deployment Type
17.17.2.4. By End-use
17.18. New Zealand
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2022
17.18.2.1. By Technology
17.18.2.2. By Analytics Type
17.18.2.3. By Deployment Type
17.18.2.4. By End-use
17.19. GCC Countries
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2022
17.19.2.1. By Technology
17.19.2.2. By Analytics Type
17.19.2.3. By Deployment Type
17.19.2.4. By End-use
17.20. South Africa
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2022
17.20.2.1. By Technology
17.20.2.2. By Analytics Type
17.20.2.3. By Deployment Type
17.20.2.4. By End-use
17.21. Israel
17.21.1. Pricing Analysis
17.21.2. Market Share Analysis, 2022
17.21.2.1. By Technology
17.21.2.2. By Analytics Type
17.21.2.3. By Deployment Type
17.21.2.4. By End-use
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Technology
18.3.3. By Analytics Type
18.3.4. By Deployment Type
18.3.5. By End-use
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Trimble Navigation, Ltd.
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.2. Hexagon AB
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.3. RMSI
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.4. ESRI
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.5. Fugro N.V.
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.6. Harris Corporation
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.7. WS Atkins Plc.
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.8. TomTom
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.9. Digital Globe
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.10. Critigen
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.11. Nokia
19.1.11.1. Overview
19.1.11.2. Product Portfolio
19.1.11.3. Profitability by Market Segments
19.1.11.4. Sales Footprint
19.1.11.5. Strategy Overview
19.1.11.5.1. Marketing Strategy
19.1.12. MDA Corporation
19.1.12.1. Overview
19.1.12.2. Product Portfolio
19.1.12.3. Profitability by Market Segments
19.1.12.4. Sales Footprint
19.1.12.5. Strategy Overview
19.1.12.5.1. Marketing Strategy
19.1.13. American Axle & Manufacturing, Inc
19.1.13.1. Overview
19.1.13.2. Product Portfolio
19.1.13.3. Profitability by Market Segments
19.1.13.4. Sales Footprint
19.1.13.5. Strategy Overview
19.1.13.5.1. Marketing Strategy
20. Assumptions & Acronyms Used
21. Research Methodology
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