HOME Top Market Reports Geospatial Imagery Analytics Market by Type (Image and Video), Collection Medium (GIS, Satellite, UAV), Vertical (Defense & Security, Insurance, Agriculture, Healthcare & Life Sciences), and Region - Global Forecast to 2021

Geospatial Imagery Analytics Market by Type (Image and Video), Collection Medium (GIS, Satellite, UAV), Vertical (Defense & Security, Insurance, Agriculture, Healthcare & Life Sciences), and Region - Global Forecast to 2021

By: marketsandmarkets.com
Publishing Date: October 2016
Report Code: TC 4657

 

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The geospatial imagery analytics market is estimated to grow from USD 2.77 Billion in 2016 to USD 10.21 Billion by 2021, at a CAGR of 29.8% from 2016 to 2021.

The objective of the research study is to provide detailed segmentation of the geospatial imagery analytics market on the basis of type, collection medium, vertical, and region. It also aims to provide information regarding the key factors influencing market growth; strategically analyze subsegments with respect to individual growth trends, future prospects, and contribution to the total market; analyze opportunities in the market for stakeholders; provide strategic profiles of the key market players to comprehensively analyze the core competencies; and draw a competitive landscape of the market. The base year considered for the study is 2015 and the market size forecast is from 2016 to 2021.

The research methodology used to estimate and forecast the geospatial imagery analytics market begins with capturing data on key vendor revenues and the market size of the individual segments through secondary sources, such as American Association of Geographers and International Cartographic Association. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global geospatial imagery analytics market from the individual technology segment in the market.

After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry personnel, such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primary discussion participants is depicted in the below figure:

Geospatial Imagery Analytics Market

To know about the assumptions considered for the study, download the pdf brochure

The geospatial imagery analytics market’s value chain includes analytics software vendors, such as Hexagon AB, UrtheCast Corporation, Trimble Inc., Harris Corporation and others; while the services vendors for geospatial analytics are DigitalGlobe, Inc., Keyw Corporation, EOS Data Analytics, and others

Target Audience

  • Geospatial Imagery Analytics Companies
  • Technology Service Providers
  • Value Added Resellers
  • Government Bodies & Research Organizations
  • Cloud Service Providers
  • Association & Industry Bodies
  • Technology Consultants
  • Satellite Service Providers

“The research study answers several questions for the stakeholders, primarily which market segments to focus on during the next two to five years for prioritizing the efforts and investments”

Scope of the Report

The research report categorizes the geospatial imagery analytics market to forecast the revenues and analyze the trends in each of the following subsegments:

By Type

  • Image
  • Video

By Collection Medium

  • Global Information System (GIS)
  • Satellite
  • Unmanned Aerial vehicles (UAVs)
  • Others (Helikites, Airplanes, and Helicopters)

By Vertical

  • Defense & Security
  • Government
  • Environment Monitoring
  • Energy, Utility & Natural Resources
  • Engineering & Construction
  • Mining & Manufacturing
  • Insurance
  • Agriculture
  • Healthcare & Life Sciences
  • Others

By Region

  • North America
  • Europe
  • Middle East and Africa (MEA)
  • Asia-Pacific (APAC)
  • Latin America

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Product Analysis

  • Product matrix which gives a detailed comparison of product portfolio of each company

Geographic Analysis

  • Further breakdown of the APAC geospatial imagery analytics market
  • Further breakdown of the MEA market
  • Further breakdown of the Latin American market

Company Information

  • Detailed analysis and profiling of additional market players

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Year Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
           2.3.1 Assumptions

3 Executive Summary (Page No. - 23)

4 Premium Insights (Page No. - 27)
    4.1 Growth Trend of the Market (2016 -2021)
    4.2 Market, By Collection Medium
    4.3 Global Geospatial Imagery Analytics Market
    4.4 Market, By Region
    4.5 Defense & Security in Market, By Region

5 Market Overview (Page No. - 30)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Type
           5.2.2 By Collection Medium
           5.2.3 By Vertical
           5.2.4 By Region
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Convergence and Integration of Geospatial Technology With Mainstream Technologies
                    5.3.1.2 Commoditization of Geospatial Information
                    5.3.1.3 Need for Security and Safety
           5.3.2 Restraints
                    5.3.2.1 Legal Issues
           5.3.3 Opportunities
                    5.3.3.1 Introduction of Big Data in Geospatial Imagery Analytics
                    5.3.3.2 Availability of Better and Less Expensive Geospatial Content
                    5.3.3.3 Cloud Computing in Geospatial Imagery Analytics
                    5.3.3.4 New Markets
           5.3.4 Challenges
                    5.3.4.1 Complexities Involved in Integration of Enterprise Resource Management (ERM) and Global Information System (GIS)
                    5.3.4.2 Need for Open Standards and Interoperable Platforms
           5.3.5 Burning Issues
                    5.3.5.1 Licensing and Interoperability Issues
                    5.3.5.2 Create Customer-First Culture
    5.4 Top Vendors Ecosystem

6 Geospatial Imagery Analytics Market Analysis, By Type (Page No. - 37)
    6.1 Introduction
    6.2 Images
    6.3 Video

7 Geospatial Imagery Analytics Market, By Collection Medium (Page No. - 41)
    7.1 Introduction
    7.2 Geographic Information System (GIS)
    7.3 Satellites
    7.4 Unmanned Aerial Vehicles (UAVs)
    7.5 Others

8 Geospatial Imagery Analytics Market, By Vertical (Page No. - 46)
    8.1 Introduction
    8.2 Defense & Security
    8.3 Government
    8.4 Environmental Monitoring
    8.5 Energy, Utility & Natural Resources
    8.6 Engineering & Construction
    8.7 Mining & Manufacturing
    8.8 Insurance
    8.9 Agriculture
    8.10 Healthcare & Life Sciences
    8.11 Others

9 Regional Analysis (Page No. - 59)
    9.1 Introduction
    9.2 North America
    9.3 Europe
    9.4 Asia-Pacific
    9.5 Middle East & Africa
    9.6 Latin America

10 Competitive Landscape (Page No. - 76)
     10.1 Overview
     10.2 Competitive Situation and Trends
             10.2.1 New Product Development & Launches
             10.2.2 Acquisitions
             10.2.3 Expansions
             10.2.4 Agreements, Partnerships, and Collaborations

11 Company Profiles (Page No. - 81)
     11.1 Introduction
(Overview, Financials, Products & Services, Strategy, and Developments)*
     11.2 Hexagon Ab
     11.3 Digitalglobe Inc.
     11.4 Urthecast Corporation
     11.5 Trimble Inc.
     11.6 Harris Corporation
     11.7 Keyw Corporation
     11.8 Google Inc.
     11.9 EOS Data Analytics, Inc.
     11.10 Geocento
     11.11 Satellite Imaging Corporation

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix (Page No. - 106)
     12.1 Other Devolpment
             12.1.1 New Product Launches/Developments, 2015-2016
             12.1.2 Acquisitions, 2015
             12.1.3 Partnerships, Collaborations & Agreements, 2015
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal


List of Tables (66 Tables)

Table 1 Global Geospatial Imagery Analytics Market Snapshot
Table 2 Market Size, By Type, 2014-2021(USD Million)
Table 3 Image: Market Size, By Region, 2014-2021 (USD Million)
Table 4 Video: Market Size, By Type, 2014-2021 (USD Million)
Table 5 Geospatial Imagery Analytics Market, By Collection Medium. 2016-2021(USD Million)
Table 6 Geographic Information System (GIS): Market, By Region, 2016-2021(USD Million)
Table 7 Satellites: Market, By Region, 2016-2021(USD Million)
Table 8 Unmanned Aerial Vehicles (UAVs): Market, By Region, 2016-2021(USD Million)
Table 9 Other Collection Mediums: Market, By Region, 2016-2021 (USD Million)
Table 10 Market, By Vertical, 2014-2021 (USD Million)
Table 11 Market in Defense & Security, By Region, 2014-2021 (USD Million)
Table 12 Market in Defense & Security, By Collection Medium, 2014-2021 (USD Million)
Table 13 Market in Government, By Region, 2014-2021 (USD Million)
Table 14 Market in Government, By Collection Medium, 2014-2021 (USD Million)
Table 15 Market in Environmental Monitoring, By Region, 2014-2021 (USD Million)
Table 16 Market in Environmental Monitoring, By Collection Medium, 2014-2021 (USD Million)
Table 17 Market in Energy, Utility & Natural Resources, By Region, 2014-2021 (USD Million)
Table 18 Market in Energy, Utility & Natural Resources, By Collection Medium, 2014-2021 (USD Million)
Table 19 Market in Engineering & Construction, By Region, 2014-2021 (USD Million)
Table 20 Market in Engineering & Construction, By Collection Medium, 2014-2021 (USD Million)
Table 21 Market in Mining & Manufacturing, By Region, 2014-2021 (USD Million)
Table 22 Market in Mining & Manufacturing, By Collection Medium, 2014-2021 (USD Million)
Table 23 Market in Insurance, By Region, 2014-2021 (USD Million)
Table 24 Market in Insurance, By Collection Medium, 2014-2021 (USD Million)
Table 25 Geospatial Imagery Analytics Market in Agriculture, By Region, 2014-2021 (USD Million)
Table 26 Market in Agriculture, By Collection Medium, 2014-2021 (USD Million)
Table 27 Market in Healthcare & Life Sciences, By Region, 2014-2021 (USD Million)
Table 28 Market in Healthcare & Life Sciences, By Collection Medium, 2014-2021 (USD Million)
Table 29 Market in Other Verticals, By Region, 2014-2021 (USD Million)
Table 30 Market in Other Verticals, By Collection Medium, 2014-2021 (USD Million)
Table 31 Market, By Region, 2016–2021 (USD Million)
Table 32 North America Market, By Type, 2016–2021 (USD Million)
Table 33 North America Market, By Application, 2016–2021 (USD Million)
Table 34 North America Market, By Collection Medium, 2016–2021 (USD Million)
Table 35 North America Insurance Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 36 North America Agriculture Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 37 North America Healthcare & Life Sciences Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 38 Europe Geospatial Imagery Analytics Market, By Type, 2016–2021 (USD Million)
Table 39 Europe Market, By Application, 2016–2021 (USD Million)
Table 40 Europe Market, By Collection Medium, 2016–2021 (USD Million)
Table 41 Europe Insurance Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 42 Europe Agriculture Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 43 Europe Healthcare & Life Sciences Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 44 Asia-Pacific Market, By Type, 2016–2021 (USD Million)
Table 45 Asia-Pacific Market, By Application, 2016–2021 (USD Million)
Table 46 Asia-Pacific Market, By Collection Medium, 2016–2021 (USD Million)
Table 47 Asia-Pacific Insurance Vertical Geospatial Imagery Analytics Market, By Collection Medium, 2016–2021 (USD Million)
Table 48 Asia-Pacific Engineering & Construction Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 49 Asia-Pacific Healthcare & Life Sciences Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 50 Middle East & Africa Market, By Type, 2016–2021 (USD Million)
Table 51 Middle East & Africa Market, By Application, 2016–2021 (USD Million)
Table 52 Middle East & Africa Market, By Collection Medium, 2016–2021 (USD Million)
Table 53 Middle East & Africa Insurance Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 54 Middle East & Africa Agriculture Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 55 Middle East & Africa Healthcare & Life Sciences Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 56 Latin America Market, By Type, 2016–2021 (USD Million)
Table 57 Latin America Market, By Application, 2016–2021 (USD Million)
Table 58 Latin America Market, By Collection Medium, 2016–2021 (USD Million)
Table 59 Latin America Mining & Manufacturing Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 60 Latin America Insurance Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 61 Latin America Agriculture Vertical Market, By Collection Medium, 2016–2021 (USD Million)
Table 62 Market Developments Between 2013 & 2016
Table 63 New Product Development & Launches, 2014-2016
Table 64 Acquisitions, 2014-2016
Table 65 Expansions, 2015
Table 66 Agreements, Partnerships, and Collaborations, 2015-2016


List of Figures (40 Figures)

Figure 1 Research Desigen
Figure 2 Market Size Estimation Methodology: Bottom Up Approach
Figure 3 Market Size Estimation Methodology: Top-Down Approach
Figure 4 Market Breakdown Data Triangulation Approach
Figure 5 Image Segment Estimated to Lead Geospatial Imagery Analytics Market in 2016
Figure 6 GIS Segment Projected to Dominate During the Forecast Period
Figure 7 Defense & Security Estimated to Be the Largest Segment During Forecast Period
Figure 8 Europe Accounted for the Largest Share in Geospatial Imagery Analytics Market in 2016
Figure 9 Attractive Market Opportunities
Figure 10 Geographic Information System (GIS) Segment Estimated to Lead the Geospatial Imagery Analytics Market in 2016
Figure 11 Unmanned Aerial Vehicles (UAVs) Segment Estimated to Grow at the Highest CAGR During the Forecast Period
Figure 12 Asia-Pacific Expected to Grow at Highest CAGR During the Forecast Period
Figure 13 Defense & Security in North America is Leading the Global Geospatial Imagery Analytics Market in 2016
Figure 14 Geospatial Imagery Analytics Market Segmentation: By Type
Figure 15 Market Segmentation: By Collection Medium
Figure 16 Market Segmentation: By Vertical
Figure 17 Market Segmentation: By Region
Figure 18 Global Geospatial Imagery Analytics Market: Drivers, Restraints, Opportunities, and Challenges
Figure 19 Image Segment Estimated to Lead the Market in 2016
Figure 20 UAV Segment Projected to Grow at the Highest CAGR During the Forecast Period
Figure 21 Defense & Security Segment Estimated to Lead the Market in 2016
Figure 22 North America Estimated to Be the Largest Market for Market in 2016
Figure 23 Geospatial Imagery Analytics Market in Asia-Pacific Expected to Grow at the Highest CAGR During the Forecast Period
Figure 24 North America Market Snapshot
Figure 25 Asia-Pacific Market Snapshot
Figure 26 Companies Adopted Acquisitions and Partnerships/ Agreements/Collaborations as the Key Growth Strategies From 2014-2016
Figure 27 Battle for Market Share: Acquisitions & Partnerships, Collaborations & Agreements and are the Key Strategies
Figure 28 Geographic Revenue Mix of Top 5 Market Players
Figure 29 Hexagon AB: Company Snapshot
Figure 30 Hexagon AB: SWOT Analysis
Figure 31 Digitalglobe Inc.: Company Snapshot
Figure 32 Digitalglobe Inc.: SWOT Analysis
Figure 33 Urthecast Corporation: Company Snapshot
Figure 34 Urthecast Corporation: SWOT Analysis
Figure 35 Trimble Inc.: Company Snapshot
Figure 36 Trimble Inc.: SWOT Analysis
Figure 37 Harris Corporation: Company Snapshot
Figure 38 Harris Corporation: SWOT Analysis
Figure 39 Keyw Corporation: Company Snapshot
Figure 40 Google Inc.: Company Snapshot

The geospatial imagery analytics market is estimated to grow from USD 2.77 Billion in 2016 to USD 10.21 Billion by 2021, at a high CAGR of 29.8% during the forecast period. Convergence and integration of geospatial analytics with IT, telecommunication, and the internet is considered to be one of the important factors responsible for the growing application and adaptability of geospatial imagery analytics across varied industries. Furthermore, commoditization of geospatial data and its increasing demand for safety and security significantly propels the growth of the market.

On the basis of type, the image segment is projected to lead the market during the forecast period. Most data inputs taken for geospatial imagery analytics is in image form, acquired through satellites, UAVs, GIS, and other sources. Currently, video-based geospatial imagery analytics is considered an attractive option for organizations owing to the increasing demand for video surveillance systems.

The GIS (geographic information system) segment is projected to lead the global market, by collection medium, during the forecast period. GIS has given a significant boost to the geospatial imagery analytics market due to increase in the amount of geospatial information gathered through smart phones, GPS devices, and social media, among others. The UAV segment is expected to reflect highest growth over the forecast period due to the increasing use of UAVs for aerial photography as well as in remote sensing for mapping and surveying.

Among verticals, the defense & security segment is projected to lead the global geospatial imagery analytics market during the forecast period. This can be attributed to the increasing demand for geospatial imagery analytics solutions from the defense and security sectors for intelligence, surveillance and reconnaissance (ISR). However, the healthcare & life sciences segment is projected to grow at the highest CAGR during the forecast period owing to the increasing usage of geospatial imagery analytics for the deployment of value-based healthcare services and population health management across the globe.

Geospatial Imagery Analytics Market

At present, Europe holds the largest share of the global market. The geospatial imagery analytics market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. The increasing use of geospatial imagery analytics for defense and homeland security in the region is fueling the market growth. On the other hand, regulatory issues and complexities related to platform interoperability limit the market growth.

Most of the vendors have adopted agreements, collaborations, and partnerships as key strategies to enhance their client base and customer experience. For instance, in August 2014, Google Inc. acquired Skybox Imaging, Inc., a satellite imaging company, which was later renamed as Terra Bella (March 2016). In 2015, Hexagon AB entered into partnership agreements with Airbus Defence and BlackSky Global to develop smart geospatial applications. The growth strategies employed by key players in the market to retain technology leadership include R&D investments, increasing software-generated sales, and expanding the distributor network in new markets.

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