The geospatial imagery analytics market is expected to expand at a CAGR of 7.0% during the forecast period of 2018-2026. In terms of revenue, the market is expected to reach US$ 8.9 Bn in 2026.
Albany, NY -- (SBWIRE) -- 08/10/2018 -- This comprehensive report by MRRSE analyzes and forecasts geospatial imagery analytics market at the global and regional level. The report provides an analysis of the global geospatial imagery analytics market for the period from 2016 to 2026, wherein the period from 2018 to 2026 comprises the forecast period and 2017 is the base year. Data for 2016 is provided as historical information. The report covers all the major trends playing a major role in the expansion of the geospatial imagery analytics market during the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the expansion of the market during this period. The study provides a complete perspective on the expansion of the geospatial imagery analytics market in terms of revenue, in US$ Mn, across different geographical regions, namely, North America, Europe, Asia Pacific, Middle East & Africa and South America. The report is expected to help suppliers, and distributors understand the current and future trends in the market and formulate their strategies accordingly.
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The market overview section of the report showcases the market dynamics and trends such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. The report also provides the value chain analysis for the geospatial imagery analytics market. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the expansion of the market.
Global Geospatial Imagery Analytics Market: Scope of the Report
The geospatial imagery analytics market is segmented based on technology, analytics type, deployment type, and end-use. Based on technology, the market is segmented into global positioning system (GPS), geographical information system (GIS), remote sensing, unmanned aerial vehicles (UAVs), and others. Based on analytics type, the global geospatial imagery analytics market is segregated into video-based and image-based analytic solutions. Based on deployment, the market is classified into on-premise and cloud-based. In terms of end-use, the market is segmented into defense and security, government, environment monitoring, energy, utility & natural resources, engineering & construction, mining & manufacturing, insurance, agriculture, healthcare and life sciences, and others. Revenue data is estimated for all the segments mentioned above.
The report also includes competitive profiling of the key players associated with the market across the globe. The important business strategies adopted by leading players, their market positioning, financials, SWOT analysis, and recent developments have also been identified in the research report. The competitive landscape section of the report also offers an overview about the major contributing regions/countries by these key players in order to strengthen their market position in the near future.
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Global Geospatial Imagery Analytics Market: Research Methodology
The geospatial imagery analytics market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews. In order to compile the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represents the bulk of our research efforts, supplemented by extensive secondary research. Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the valves market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer new and fresh information on important factors such as market trends, market size, competitive landscape, growth trends, etc. These factors help to validate and strengthen secondary research findings. Moreover, the data collected and analyzed from secondary and primary research, is again discussed and examined by our expert panel. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding purposes. Secondary research also includes a study of recent trade journals, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.
Global Geospatial Imagery Analytics Market: Competitive Dynamics
Major strategies adopted by geospatial imagery analytics providers include strategic acquisitions and partnerships. Major players such as Digital Globe, ESRI, Harris Corporation, and Hexagon AB are working toward integration and creation of user-friendly and effective analytics solutions. Established players in the market are estimated to either merge into large enterprises or are likely to offer tough competition to emerging players in the market during the forecast period. Large geospatial imagery analytics vendors are expected to acquire regional players in order to improve their distribution networks in domestic as well as international markets. Details such as financials, business strategies, SWOT analysis, recent developments, and other such as strategic information pertaining to these players has been duly provided as a part of company profiling.
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