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Geospatial Imagery Analytics Market to grow at 20% CAGR from
2019 to 2025: Global Market Insights Inc.
Global Geospatial Imagery Analytics Market is set to grow from its current market
value of more than $2 billion to over $8 billion by 2025; according to a new research
report by Global Market Insights, Inc.
The demand for geospatial imagery analytics market is increasing due to the rise in
the adoption of wireless devices and location-based sensors, allowing businesses to
collect location-specific data to improve their business operations. The use of analytics
software provides the ability to visualize critical business objects on maps, which helps
asset-intensive industries, such as transportation, energy, and the public sector, to
improve efficiency and decision making. Another factor accelerating the usage of
geospatial imagery analytics is the growing popularity of cloud-based GIS solutions.
GIS professionals and researchers are using cloud computing to access meaningful
information on any aspect related to geospatial data. Cloud-based geospatial imagery
analytics solutions are delivered as Software-as-a-Service (SaaS)-based platform and
help in improving collaboration between various users who share and update the
The image-based analytics segment in the geospatial imagery analytics market is
expected to hold a share of over 75% by 2025 due to the extensive use of various
geospatial image capturing platforms such as drones, surveillance cameras, and
satellites. GIS professionals and geoscientists are making use of geospatial imagery
analytics tools to analyze raw data in the form of images captured by aerial imaging
platforms and convert them into useful maps for further analysis. The data collected
from satellite sensors or airborne cameras in the image format serves as a valuable
source of information to support geospatial assessment and modeling.
The cloud-based deployment model is projected to grow at a CAGR of over 25% from