Global geospatial imagery analytics market - Ashland, KY

Wednesday, 26 February 2020
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City: Ashland, Kentucky
Offer type: Offer
Price: $4,100

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Contact name pallavi
Phone 09607365656

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Global geospatial imagery analytics market was valued at US$ 5.6 Bn in 2019 and is expected to reach US$ 18.17 Bn by 2027, at a CAGR of 31.1% during a forecast period.Global Geospatial Imagery Analytics Market by Type

In geospatial imagery analytics, data is collected in the form of geo-referenced satellite images, and then it is represented in two different ways containing raster and vector. Geospatial imagery analytics is inclusive solution system that provides imagery, both video and image data, of the earth.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding geospatial imagery analytics market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, report also focuses on competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in near future to emerging segment in geospatial imagery analytics market.

The major drivers boosting the growth of geospatial imagery market are increasing need across mining & other industries, high requirement of enterprises to ensure market competitiveness, rising adoption of big data & AI. Furthermore, technological developments in geospatial imagery analytics have increased the acceptance of geospatial technologies including global positioning system (GPS), remote sensing (RS), and geographical information system (GIS), and many others. Moreover, rising penetration of geographical information system technology in the service industry, growing usage of location-based data and rising demand of open interoperable solutions, are major factors which are increasing the growth of the geospatial imagery analytics market. However, the implementation of stringent government regulations and accelerating spatial imaginary in the association of enterprise solutions is hampering the market growth.
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