Global Geospatial Imagery Analytics Market Research and Forecast, 2019-2025

INDORE, India - May 22, 2019 - PRLog -- Orion Market Research (OMR) recently published a market research report on the geospatial imagery analytics market. According to OMR analysis, the global geospatial imagery analytics market is expected to grow at a high rate during the forecast period 2019-2025. Geospatial analytics is gathering, operating, display, and interpretation of data collected using satellites, UAVs (Unmanned Aerial Vehicles), GPS and other sources. Combining geospatial data and geographic information with other analytics products can have applications such as advanced visualization and predictive analysis. The growing need of for LBS (Location Based Services) and increased demand for high-resolution satellite images are backing up the growth of the market. Other key drivers contributing for market growth are big data and the integration of cloud computing. However, privacy and legal issues related to the storage of information and the high cost of initial product setup are hampering the growth of the market. Geospatial information can be useful in a variety of analytics such as sales and marketing, asset management, risk analysis, transport and logistics planning, strategic location determination and many more.

The market is segmented on the basis of end-user and type. On the basis of end-user, the market is further segmented into mining & manufacturing, healthcare & life sciences, military & defense, agriculture and forestry, and others. On the basis of type, the market can be segmented into image analysis and video analysis. The image analysis segment is leading the market due to the application of earth imaging in many industries. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.

The geographic market is divided into North America, Europe, Asia-Pacific and Rest of the World. The market is showing its strong presence in North-American region due to heavy adoption of imagery services and its application in the different sector such as defense, oil & gas industry, environmental monitoring, aquaculture, and many others. European market is showing a rapid increase in its services owing to large numbers of market players in their region. Asia-Pacific region is expected to grow in the market due to environmental concern and active government involvement in environment analytics and monitoring.

The key companies working in geospatial analytics market include Maxtar Technologies, Inc., Orbital Insight, RMSI Pvt. Ltd., Satellite Imaging Corp., SpaceKnow, Inc. and so on. The companies with the use of AI and big data are making technological advancement in geospatial image analysis. The companies are using various strategies like merger and acquisitions, and collaboration and partnership to expand their market. In April 2019, Kleos Space entered into collaboration with ImageSat International to enhance its geospatial intelligence analytics by using Kleos' maritime radio frequency.

Region Covered

· North America (US and Canada)

· Europe (UK, Germany, France, Spain, and Italy)

· Asia-Pacific (China, India, South Korea, and Japan)

· Rest of the Word (Middle East & Africa and Latin America)

A full report of global geospatial imagery analytics market is available at https://www.omrglobal.com/industry-reports/geospatial-ima...

For related reports please visit https://www.omrglobal.com/reports-category/advanced-techn...

About Orion Market Research

Orion Market Research (OMR) a research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company aims to provide business insights for decision making to the global clients and offers quality syndicated research reports, customized research reports, Company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. OMR provide a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.