Adoption of Emerging Technologies & Increasing Demand for Small Satellites
DUBLIN, Oct. 14, 2020 /PRNewswire/ — The “Global Geospatial Imagery Analytics Market: Focus on Application, Geospatial Technology, Imaging Type, Analysis, and Deployment Model – Analysis and Forecast, 2020-2025” report has been added to ResearchAndMarkets.com’s offering.
The Global Geospatial Imagery Analytics Market report projects the market to grow at a CAGR of 15.80% on the basis of value during the forecast period from 2020 to 2025.
North America is expected to dominate the global geospatial imagery analytics market with an estimated share of 42.5% in 2020. North America, including the major countries such as the U.S., is the most prominent region for the geospatial imagery analytics market. The U.S government is aiming to explore the potential of commercial small satellites data to enhance its earth science data
The global geospatial imagery analytics market is gaining widespread importance owing to increasing efforts from the geospatial companies along with government agencies as well as their increasing investment for developing commercial small satellites for geospatial imagery. Moreover, the development of technologies like Artificial Intelligence (AI), Internet of Things (IoT), big data and machine learning for enhancing geospatial technologies are some of the factors that may propel the market growth.
Scope of the Geospatial Imagery Analytics Market
The purpose of the market analysis is to examine the geospatial imagery analytics market outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.
The report further takes into consideration the market dynamics and the competitive landscape of the key players operating in the market.
Global Geospatial Imagery Analytics Market Segmentation
The geospatial imagery analytics market is further segmented on the basis of application, geospatial technology, imaging type, analysis, deployment model, and region. While highlighting the key driving and restraining forces for this market, the report also provides a detailed