Geospatial imagery analytics is defined as the intelligence discipline associating with the exploitation and analysis of information to assess and describe physical or referenced activities on the earth. By employing geospatial changes detection over time and provide various capabilities are taken place.

Global Geospatial Imagery Market Segments Size & Growth:

Global geospatial imagery market is accounted for $3.49 billion in 2017 and estimated to grow at a CAGR of 31.23% during the forecast period of 2019-2025 to reach $30.70 billion by 2025. The major drivers boosting the growth of geospatial imagery market are a high requirement of enterprises to ensure market competitiveness, increasing adoption of big data & AI, growing need across mining & other industries, rapid advancements in technology. On the other hand, geospatial imagery market is hindered by few restraints such as the implementation of stringent govern regulations and accelerating spatial imaginary in the association of enterprise solutions. Furthermore, rising usage of location based services, fuelling the adopting rate among organisations and growing demand for open, interoperable solutions are estimated to project the growth over the forecast period.

Global Geospatial Imagery Market Segments Share:

From the segment of type, global geospatial imagery market is divided into imagery and video. Among which image has been a dominant market, with an estimated more than 65% share in 2017. This can be attributed to the increasing demand for video analytics in government as well as non-government sectors, and the arrival of industrial automation. Among analysis, geovisualization has been generating major revenue due to more allow of interactive maps, the ability of modern microprocessors to make changes to a map and can adjust the mapped data on the fly. By collection medium, geographic information systems (GIS) is in dominating position as this provides benefits to all types of organisations, provides better standard patterns, improved decision making and presence of detailed information about one or more location. On the basis application, surveillance and monitoring are dominating the market. The technology holds huge prospects in problem solving and decision-making capabilities of battle-field management, for the safety of a nation and its people. Because of this military and defense sectors across different geographies are growingly making use of information obtained through this technology, thereby leading to the high implementation of it for surveillance and monitoring. Among end users, the government has been generating the highest revenue in global geospatial imagery market owing to rising numerous initiatives on city planning decisions and disaster management.

By Geography, North America held as largest market share in 2017 from major driving factors includes the emergence of internet connected devices with location based features, well established infrastructure in image collection and massive investments for research & development. The Asia Pacific is estimated to lead the fastest growth in global geospatial imagery market due to increasing internet users, rising adoption of connected devices and the emergence of prominent market players.

Global Geospatial Imagery Market Segments Trends:

In October 2018, Harris Corporation has collaboration with L3 technologies to create a global defense technology by developing differentiation and mission critical solutions for customers around the world.

In August 2018, MDA Corporation has acquition with Casey’s general stores to help kids and adults living with muscular dystrophy and other life threatening diseases.

Global Geospatial Imagery Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter's Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.

The major key geospatial imagery market leaders are:

Harris Corporation

Google LLC

Hexagon AB

Trimble Inc.

MDA Corporation

Along with these companies, there were many other companies considered/cited in the report while analyzing the global geospatial imagery market size. These companies hold substantial share is owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.