Geospatial imagery analytics is a tool extensively used to address issues such as climate change modeling, human population forecasting, weather monitoring, and animal population management. It is an approach of applying statistical analysis and other data analytics in geographical or spatial aspect. This data is collected through satellite imagery, GPS, geotagging, mapping, and many other sources with the purpose of creating significant information for vital business/ organization decision making.
Global geospatial imagery analytics market, in terms of revenue, which was estimated at US$ 3,380.76 million in 2017, is expected to reach US$ 12,340.46 million in 2022. In recent times, geospatial imagery analytics is enhanced with the deployment of artificial intelligence for data mining. This technology has helped to combine satellite photos with algorithms which can locate global regions. Such deep machine learning algorithms can enable the government to analyze satellite imagery. The implementation of artificial intelligence in geospatial imagery analytics technology also makes it easier to avoid network clogging by undesirable data. These factors are expected to boost the market.
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Top Key Players- DigitalGlobe, Environmental Systems Research Institute, Earth Observing System, Fugro, Google Inc., Harris Corporation, Hexagon AB, Keyw Corporation, Planet Labs, RMSI, Satellite Imaging Corporation, Trimble Inc., UrtheCast Corporation, AABSyS IT Pvt. Ltd., AAM Pty Ltd, Damian & Associates, Inc, Marvel Geospatial Solutions Pvt. Ltd, Rick Engineering Company, Orbital Africa Limited, SECON Private Limited, and others.
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-Analyzing different perspectives of the global Global Geospatial Imagery Analytics Market with the help of SWOT and Porter’s five analysis.
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