Insights into the global geospatial image analytics market

Dublin, April 27, 2022 (GLOBE NEWSWIRE) – “Global Image Analytics Market, 2021-2027” report has been added to ResearchAndMarkets.com offerings.

The global geospatial image analytics market size is expected to reach US$42.2 billion by 2027, growing at a market growth rate of 29.5% CAGR during the forecast period.

Geospatial data is information about objects, events, or other features that have a physical location on or near the Earth’s surface. Location information (generally coordinates on Earth) and associated information (the characteristics of the object, event, or phenomenon in question) are often combined with temporal information in geospatial data. In the coming years, the location provided may be static (eg, the location of a piece of equipment, an earthquake accident, or children living in poverty) or variable (eg, the location of a piece of machinery, an earthquake has occurred, or children living in poverty ).

Large sets of geospatial data obtained from a variety of sources in different forms, such as census data, weather data, satellite imagery, mobile phone data, social media data, and graphed images are all examples of geospatial data. When geospatial data can be found, shared, analyzed and combined with standard business data, it is very useful.

Geospatial analyzes are used to add time and location to standard data sets and to create data visualizations. Maps, charts, statistics, and graphs are examples of visualizations that depict historical and contemporary transformations. This added information helps paint a fuller picture of what happened. Easily recognizable visual patterns and images show overlooked insights into a large spreadsheet.

The vast amounts of data generated by GPS devices worldwide is a significant development driving the demand for geospatial imaging analytics solutions. Furthermore, the widespread use of connected mobile devices, particularly smartphones, in many economies around the world is driving market expansion. The great need of the government sector for GIS for law and security is driving the industry forward. It is expected that rapid developments in GIS technology and methods for retrieval of geographic information will greatly assist the overall industry.

Analysis of the impact of COVID-19

The spread of COVID-19 has wreaked havoc on businesses, economies and people’s lifestyles in the world, as well as the ways companies have run their operations. The COVID-19 pandemic has affected every aspect of the tech industry. In the IT industry, the hardware business is expected to have the greatest impact. The expansion of the IT infrastructure has slowed due to the declining supply of devices and declining manufacturing capacity. For a short period of time, the software and service industries are also expected to slow down.

However, in the second half of the year, the use of collaborative applications, location-based applications, big data, security solutions, and artificial intelligence is expected to rise. Despite the fact that the pandemic has had an impact on the geospatial imaging analytics industry, companies continue to use geospatial image analytics solutions, people tracking and management, virus tracking, intelligent quarantine, and hardware to manage facilities.

Market Growth Factors:

Geospatial in digital environments

Spatial and location information using interconnected systems—big data, augmented reality, machine learning, artificial intelligence, the Internet of Things, and 3D systems—will transform the core of traditional company practices, providing competitive advantages through data visualization, analytics, and digital perspectives—an ever-increasing necessity. For real-time information – in the age of data-driven manufacturing.

Spatial context remains an essential component and essential tool for managing workflows and smart applications and a key platform for automated processes in manufacturing, architecture, communications, smart transportation, technology and many other sectors, as well as exemplary business such as governance, urban planning, defense and homeland security.

Location-based services are becoming more and more popular

Location-Based Services (LBS) is a software service that uses Internet-capable computers to provide real-time information about the current location of a place or person. LBS uses satellite imagery to enable users to access the service in a variety of applications, including retail, urgent care, weather, browsing, traffic and other services. Satellite imaging technology provides high-resolution images that can be used to create up-to-date, highly specific maps for LBS and real-time applications. In addition, LBS is becoming increasingly important in a variety of economic areas, including public, defense, intelligence, communications, transportation, production, energy, energy retail, natural resource management, and supporting market growth.

Marketing Restriction Factor:

Urbanization and population growth are both on the rise

Due to the increasing rate of urbanization all over the world, geospatial diffusion in urban development work may face some challenges. With the increasing rate of rural-to-urban migration and urban demographic growth, geospatial applications are difficult to implement unless population-to-land assessments and testing are conducted on a regular basis and possibly real-time data is provided. According to the United Nations, there will be about 500 million cities in the world by 2030. The increasing number of these cities is an indication of very rapid urbanization.

It can cause problems for the government and planning agencies. Since such large projects are expected to require huge financial investments, government, public, and developer teams working in isolation will then need to connect information with core data centers.

Main topics covered:

Chapter 1. Market Scope and Methodology

Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.1.1 Market Composition and Scenario 2.2 Key Factors Affecting the Market 2.2.1 Market Drivers 2.2.2 Market Constraints

Chapter 3: Competition Analysis – Global3.1 KBV Cardinal Matrix3.2 Recent Industry-wide Strategic Developments 3.2.1 Partnerships, Collaborations, and Agreements 3.2.2 Product Launches and Product Expansions 3.2.3 Acquisitions and Mergers 3.3 Top Profit Strategies 3.3.1 Key Leading Strategies: Ratio Centennial Distribution (2017-2021) 3.3.2 Key Strategic Move: (Partnerships, Collaboration & Agreements: 2018, June – 2021, December) Leading Players

Chapter 4. Global Geospatial Image Analytics Market by Type 4.1 Global Geospatial Image Analytics Market by Region 4.2 Global Video Analytics Market by Region

Chapter 5. Global Geospatial Image Analytics Market by Region 5.1 Global Defense and Security Market by Region 5.2 Global Engineering and Construction Market by Region 5.3 Global Mining and Manufacturing Market by Region 5.4 Global Government Market by Region 5.5 Global Environmental Monitoring Market by Region 5.6 Global Healthcare and Science Life Market by Region 5.7 Global Agriculture Market by Region 5.8 Global Other Vertical Market by Region

Chapter 6. Global Geospatial Image Analytics Market by Average Aggregation 6.1 Global Geographic Information System (GIS) Market by Region 6.2 Global Satellite Market by Region 6.3 Global Market for Drones and Others by Region

Chapter 7. Global Geospatial Image Analytics Market by Deployment Type 7.1 Global Local Market by Region 7.2 Global Cloud Market by Region

Chapter 8. Global Geospatial Image Analytics Market by Organization Size 8.1 Global Majors Market by Region 8.2 Global SME Market by Region

Chapter 9. Global Geospatial Image Analytics Market by Application 9.1 Global Disaster Management Market by Region 9.2 Global Construction and Development Market by Region 9.3 Global Conservation and Research Market by Region 9.4 Global Exhibition and Live Entertainment Market by Region 9.5 Global Monitoring and Market Monitoring by Region 9.6 Global Market Other by region

Chapter 10. Global Geospatial Image Analytics Market by Region

Chapter 11: Company Profiles 11.1.1 Overview of Trimble, Inc 11.1.2 Financial Analysis 11.1.3 Sector and Regional Analysis 11.1.4 Research and Development Expenditures 11.1.1 Strategies and Recent Developments: 11.1.1.1 Partnerships, Collaborations, and Agreements: 11.2 Microsoft 11.2.1 Company Overview 11.2.2 Financial Analysis 11.2.3 Segment and Regional Analysis 11.2.4 Research and Development Expenses 11.2.6 SWOT Analysis 11.3 Google LLC 11.3.1 Company Overview 11.3.2 Financial Analysis 11.3.3 Segment and Regional Analysis 11.3.4 R&D Expenditures 11. 3.5 Strategies and Recent Developments: 11.3.5.1 Partnerships, Collaborations and Agreements: 11.3.6 SWOT11.4 Analysis TomTom NV11.4.1 Company Overview 11.4.2 Financial Analysis 11.4.3 Sector and Regional Analysis 11.4.4 Expenditures Research and Development 11.4.5 Strategies and Recent Developments: 11.4.6 SWOT11.5 Analysis Hexagon AB11.5.1 Company Overview 11.5.2 Financial Analysis 11.5.3 Regional and Sector Analysis 11.5.4 Research and Development Costs 11.5.5 Recent Strategies and Developments: 11.5. 5.1 Product launches and product expansions T: 11.5.5.2 Acquisition and Merger 11.6 L3 Harris Technologies, Inc.11.6.1 Company Overview 11.6.2 Financial Analysis 11.6.3 Sector and Regional Analysis 11.6.4 Research 11.6.5 SWOT Analysis11.7 Planet Labs, Inc.11.8 Oracle Corporation11.8.1 Company Overview 11.8.2 Financial Analysis 11.8.3 Sector and Regional Analysis 11.8.4 Research and Development Expenditures 11.8.5 SWOT11.9 Analysis Alteryx, Inc.11.9.1 Company Overview 11.9.2 Financial Analysis 11.9.3 Regional Analysis 11.9.4 Research and Development Expenditures 11.9.5 Strategies and Recent Developments: 11.9.5.1 Acquisitions and Mergers 11.10. Esri, Inc 11.10.1 Company Overview 11.10.2 Strategies and Recent Developments: 11.10.2.1 Partnerships, Collaborations, and Agreements: 11.10.2.2 Product Launches and Product Expansions: 11.10.2.3 Acquisitions and Mergers

For more information on this report, visit https://www.researchandmarkets.com/r/l0nf5z

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