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Geospatial Imagery Analytics Market Growth Challenges, Opportunities 2022

The soaring demand for geospatial analytics solutions from business organizations to ensure demographic and geospatial support for their investment plans is driving the market growth.

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Geospatial Imagery Analytics Market Growth Challenges, Opportunities 2022

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  1. 2022 Geospatial Imagery Analytics Market Opportunities, Companies and Trends in Coming Years

  2. Technological innovations in geospatial imagery analytics solutions are widening their application base. The integration of artificial intelligence (AI) and big data in these analytics solutions for an efficient and faster analysis of data has led to the delivery of meaningful insights about the happenings on the earth, in less time. The need for the extraction of meaningful data and classification of its large volumes has led to the widescale adoption of these solutions in the healthcare, defense, retail and e-commerce, disaster management, and banking, financial services, and insurance (BFSI) sectors. Moreover, the soaring demand for geospatial analytics solutions from business organizations to ensure demographic and geospatial support for their investment plans is driving the market growth. Firms are utilizing these solutions to design their business strategies, to stay ahead in the competition.

  3. Currently, an increasing number of nano and small satellites are being launched by numerous countries to offer an array of services to the public, including TV channels and weather updates. These satellites are smaller and lighter than the traditional satellites, usually less than 500 kg, and therefore, easier to launch. Organizations such as the National Aeronautics and Space Administration (NASA) and Space Exploration Technologies Corp. are investing heavily in these satellites because they offer frequent, quicker, low-cost, and broader access to space. The collection medium segment of the geospatial imagery analytics market is categorized into geographic information systems (GIS), unmanned aerial vehicles (UAVs), satellites, and others, which include airships, helicopters, balloons, and helikites. Amongst these, the GIS category accounted for the largest market share in 2017 due to the widescale utilization of GIS systems in the government, oil and gas, aerospace and defense, and water and wastewater treatment sectors. Moreover, the UAVs category is predicted to grow the fastest in the forecast period. This can be ascribed to the increasing adoption of UAVs by government agencies to collect geospatial information. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/geospatial-imagery-analytics-market/report-sample

  4. Geospatial imagery analysis is used for network analysis, geo visualization, and surface analysis, for various purposes, such as surveillance and monitoring, energy and resource management, conservation and research, exhibition and live entertainment, construction and development, and disaster management. These industries are mostly using network analysis solutions to cut down the additional cost incurred and time used due to inefficient networks. These solutions are most suitable for analyzing definitive paths, such as roads, drains, canals, and rivers, with pinpoint precision. Geographically, Europe made the most use of geospatial imagery analytics in 2017 due to the integration of machine learning and AI in these solutions and growing commoditization of geospatial data. Apart from this, government organizations in European nations are adopting geospatial analytics for public safety and security, as technological developments have led to the introduction of numerous such solutions. During the forecast period, the Asia-Pacific (APAC) geospatial imagery analytics market will register the fastest growth. This can be attributed to the increasing number of connected devices and rising penetration of the internet in the region. Therefore, advancements in geospatial imagery analysis solutions are encouraging governments and private companies to go for them.

  5. Market Segmentation by Collection Medium • Geographic Information Systems (GIS) • Satellites • Unmanned Aerial Vehicles (UAVs) • Others (Helicopters, Helikites, Balloons, and Airships) • Market Segmentation by Imaging Type • Image • Video • Market Segmentation by Analysis • Geovisualization • Network Analysis • Surface Analysis • Non-Visible

  6. Market Segmentation by Vertical • Government • Energy & Mining • Defense • Agriculture & Forestry • Media & Entertainment • Civil Engineering & Archaeology • Others (Healthcare & Lifesciences, Insurance, and Tourism) • Market Segmentation by Application • Surveillance & Monitoring • Construction & Development • Energy & Resource Management • Geospatial • Conservation & Research • Disaster Management • Exhibition & Live Entertainment

  7. Market Segmentation by Geography • Europe Geospatial Imagery Analytics Market • By collection medium • By imaging type • By analysis • By vertical • By application • By country – U.K., Germany, France, Russia, Sweden, Rest of Europe • North America Geospatial Imagery Analytics Market • By collection medium • By imaging type • By analysis • By vertical • By application • By country – U.S., Canada

  8. Rest of the World (RoW) Geospatial Imagery Analytics Market • By collection medium • By imaging type • By analysis • By vertical • By application • By country – Israel, Brazil, U.A.E., South Africa, Others

  9. This study covers 1. Historical and the present size of the Geospatial Imagery Analytics Market 2. Historical and the present size of the market segments and understand their comparative future potential 3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings 4. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders 5. Major players operating in the market and their service offerings

  10. Disclaimer: P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of information and data provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from various companies or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. the information or analysis in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to be correct at the time of publication, but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can these be reproduced in any form without prior written agreement of their owners. An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written permission from Prescient & Strategic Intelligence Pvt. Ltd. • For queries related to sales, contact us at: • enquiry@psmarketresearch.com • US/Canada Toll-Free: 1-888-778-7886 • International: +1-347-960-6455 • India: +91 120 4541 337 To know more about us, visit our website psmarketresearch.com

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