Report ID: SQMIG45A2066
Geospatial Imagery Analytics Market Size, Share, Growth Analysis, By Type(Imagery Analytics and Video Analytics), By Deployment(Cloud and On-premises), By Collection Medium(Geographic Information System, Satellites, Unmanned Aerial Vehicles, and Others), By Organization Size(Large enterprises, and Small and medium-sized enterprises (SMEs)), By Application(Surveillance and Monitoring, Construction & Development, Energy & Resource Management, Conservation & Research), By Vertical(Government, Defense & Security, Energy, Utility & Natural Resources), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45A2066 |
Region:
Global |
Published Date: September, 2024
Pages:
197
|
Tables:
154 |
Figures:
78
Geospatial Imagery Analytics Market Regional Insights
The North American region is anticipated to dominate the market with a CAGR of 5.81% over the forecast period. The market in this region is growing as a result of increased investments in new or updated satellite systems. The increasing use of drone technology to support industrial clients in areas like construction, agriculture, and disaster management is driving the market's expansion. The existence of multiple industrialized economies, particularly Canada and the United States, as well as an emphasis on R&D and various technologies, are assisting the regional market's growth.
The Asia-Pacific region is predicted to grow at the quickest rate during the forecast period, with a CAGR of 10.39%. The region's rising economies, notably those of India, China, and Indonesia, have resulted in a significant increase in urban inhabitants. As a result of this growth, there is a high demand for smart infrastructure, well-planned urban landscapes, and smart cities. China, South Korea, and India are driving infrastructure developments for 5G and the Internet of Things. As a result of these factors, the APAC geospatial analytics market is expected to grow at the fastest CAGR during the forecast period.
Geospatial Imagery Analytics Market Report Snapshots
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