Pune, India -- (SBWIRE) -- 03/22/2019 -- The Geographic Information Imaging market is estimated at $ 34.1 billion in 2017 and is expected to reach $ 13.112 billion by 2026, an annual average increase of +33% from 2019 to 2026. This increase is due to significant advances in geospatial imaging Analysis through artificial intelligence and big data introduction
In terms of revenue, the market size is expected to reach $ 890 million in 2026. The main reason for the expansion of the market is the development of geographic information system technology and the fusion of geospatial information with mainstream technology. And as the demand for geospatial data in the mining and manufacturing and engineering and construction industries increases, the overall market is becoming more profitable.

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Key players operating in the geospatial imagery analytics market include Hexagon AB, Harris Corporation , DigitalGlobe , Esri , Google , and Trimble .

Some of the key players operating in geospatial imagery analytics market include Fugro N.V., Google Inc., Trimble Navigation Ltd., Environmental Systems Research Institute Inc. (Esri), Planet Labs Inc., UrtheCast Corp., KeyW Corporation, Satellite Imaging Corporation, RMSI, and Maxar Technologies.

Geospatial analysis based on collecting media The analysis market is divided into geographic information system (GIS), satellite, and unmanned aerial vehicle (UAV). The UAVs segment is expected to grow to the highest CAGR during the forecast period. The growth of the UAV segment is due to the increased adoption of UAV because of its cost effectiveness over other acquisition media

This trend includes continued demand for high-resolution satellite imagery provided by end users in all major regions and increased use of location-based services. Depending on the type of analysis, the geospatial image analysis market can be divided into video-based and image-based. Both video-based and image-based analytics are rapidly expanding globally

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The development of this field is a key factor in the growth of the geographic information image analysis market. Typically, when an image is captured by various collection media, it is handled manually to analyze patterns or demographic changes in large data sets. Makes the process slow, monotonous, and complex. To overcome this, market participants integrate AI (artificial intelligence), in-depth learning and high-volume data technology with geospatial image analysis.

Geospatial Imagery analysis provides more accurate images for 3D and 2D analysis. This analysis includes module analysis above, above, and below the surface. Geospatial Image Analysis applications support the private and government sectors to investigate risk assessment and mitigation disaster management, urban planning and climatic conditions based on knowledge of the enterprise.
- Video
- Image
Based on the technology type the geospatial imagery analytics market is segmented into:
- Global Positioning Systems (GPS)
- Geographical Information Systems (GIS)
- Remote Sensing (RS)
- Others

Based on the type of application geospatial imagery analytics market is segmented into:
- Defense & Security
- Government
- Environment Monitoring
- Energy, Utility & Natural Resources
- Engineering & Construction
- Mining & Manufacturing
- Insurance
- Agriculture
- Healthcare & Life Sciences
- Others

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Other areas of utility and natural resources, engineering and construction, mining and manufacturing, insurance, agriculture, medical and life sciences and other markets include retail, transportation and logistics. Defense and security and energy, utility and natural resources sectors are key sources of revenue that have contributed to the overall market. However, the use of geospatial image analysis in retail and agricultural insurance is expected to increase in the near future. The use of unmanned aerial vehicles for crop health monitoring and meteorological observations, particularly in agriculture, is widespread among farmers and farmers