Piyasa bakış

The global geospatial imagery analytics market is projected to reach $32.78 milyar 2032, growing at a rate of 2.90% itibaren $24.25 milyar 2021. This growth is driven by the increasing demand for geospatial capabilities in applications such as disaster management, agriculture, cartography, and natural resource survey.

The market expansion is fueled by the development of integrated domain awareness solutions and the availability of satellite and drone imagery products. Existing customers are adopting new geospatial technologies for their operations, while new customers are entering the market. With over 800 participants, the market is becoming fragmented with the entry of many startups. Affordable geospatial capabilities have emerged due to cheaper imagery data products and low-cost ICT capabilities, attracting new customer segments who previously lacked access to such solutions.

The history of geospatial data analytics dates back to the 1960s when Canada used GIS to create a map-based inventory of natural resources. Over time, geospatial analytics has evolved into diverse applications, including weather monitoring, surveillance, urban planning, and disaster management. The availability of imagery from satellites, aerial vehicles, and aircraft has become essential for geospatial imagery analytics.

The deployment of small satellites for Earth observation in low Earth orbit (LEO) has contributed to the growth of the geospatial analytics market. These satellites have made imagery data more accessible and cost-effective, leading to a higher demand for geospatial analytics. For example, in January 2022, Planet Labs PBC launched 44 SuperDove satellites aboard Space X’s Falcon 9 rocket.

The adoption of artificial intelligence (yapay zeka) and machine learning (ML) in geospatial data analytics platforms has also driven the demand for geospatial imagery analytics. bunlara ek olarak, the increased deployment of small satellites provides high-resolution, low-cost, and fast imagery delivery.

The drivers for the global geospatial imagery analytics market include the increasing need for data-driven decision making and the growing threat perception related to natural disasters. However, challenges such as legacy systems delaying integration with next-gen solutions and the lack of mutual data sharing among regional stakeholders exist. Opportunities in this market include cheaper geospatial solutions for small and medium enterprises.

Pazar Segmentasyonu

Pazar çeşitli faktörlere göre bölümlere ayrılmıştır, including application, solution, and region.

Uygulamaya Göre Segmentasyon
Aviation
Maritime
Agriculture and Forestry
Sustainability and Natural Resource Monitoring
Oil and Gas
Enerji
Logistics/Shipping
Defense
Civil Government
Construction and Infrastructure Development
Sağlık hizmeti
Surveying/Cartography
Disaster Management
Business Intelligence
Finance and Insurance
Mining

Segmentation by Solution
Data Acquisition
Data Processing
Analytics
Integrated Delivery Platform

Segmentation by Region
Kuzey Amerika – U.S., Kanada
Avrupa – Fransa, Almanya, Rusya, U.K., and Rest-of-Europe
Asia-Pacific – Çin, Hindistan, Japonya, and Rest-of-Asia-Pacific
Rest-of-the-World – the Middle East and Africa and Latin America

During the forecast period, the construction and infrastructure development segment is expected to dominate the global geospatial imagery analytics market based on application. This can be attributed to the growing demand for geospatial technologies in applications like 3D modeling, digital twin, and urbanization of cities. The construction and infrastructure development segment is projected to generate substantial revenue, followed by the energy application. İçinde 2021, the construction and infrastructure development segment in the geospatial imagery analytics market generated $4,369 million in revenue, and it is anticipated to grow at a CAGR of 3.76% during the forecast period from 2022 ile 2032, ultimately reaching $6,443 milyon tarafından 2032.

Regarding the solution segment, analytics is expected to dominate the global geospatial imagery analytics market during the forecast period. This trend is driven by the increasing size of data sets from multiple sources, necessitating more efficient analytics for data comprehension. Analytics is projected to hold a market share of 42.60% in 2032, with a market value of $13,976 milyon, compared to $10,335 million in 2021. This represents a CAGR of 2.91% during the forecast period from 2022 ile 2032. bunlara ek olarak, the integrated delivery platform segment is expected to emerge as the second dominant segment within the solution segment by 2032, exhibiting a CAGR of 2.86% during the same forecast period. In the geospatial analytics process, various algorithms integrate different data sources to provide actionable insights. For example, geospatial imagery analytics collects data from satellites, while AI and ML-based software tools extract structured data from high-resolution satellite imagery for specific applications. Furthermore, AI and ML techniques can identify complex relationships and trends within the data, enabling predictive analysis.

In terms of regional distribution, Europe accounted for the highest share of 29.88% in the global geospatial imagery analytics market by value in 2021, primarily due to a significant number of companies based in the region. North America held a share of 29.05% in 2021 and is expected to experience the second-highest growth during the forecast period from 2022 ile 2032, driven by various activities in the United States and Canada. Increased investment by commercial organizations such as Here, Hexagon AB, UP42, ICEYE, Airbus, KSAT, Antea Group, as well as government key agencies serving different end users, is anticipated to drive substantial growth in the geospatial imagery analytics market throughout the forecast period.

Rekabetçi Ortam

The geospatial imagery analytics market is characterized by a competitive landscape wherein key players employ various organic and inorganic strategies to enhance their market share. These strategies encompass product innovations, contracts, partnerships, acquisitions, and business expansions, among others. Prominent players in the global geospatial imagery analytics market include Airbus, Maxar Technology, Planet Labs, ESRI, Satellogic, ICEYE, Capella Space, and GeoOptics. These companies actively pursue partnerships, collaborations, agreements, and contracts across diverse avenues with the aim of expanding their operations, strengthening their global market presence, generating revenue, and attracting new customers.

In terms of market segmentation, established players in the geospatial imagery analytics domain account for 40% of the market presence, thereby holding a prominent position. The remaining 60% of the market presence is attributed to start-up entities operating in this sector.

Key companies profiled in this report include BlackSky Technology Inc., Capella Space, Descartes Labs, A.Ş.. (Antarctica Capital, LLC), EagleView Technologies, Inc., Esri, GHGSat Inc., KSAT, L3Harris Technologies, Inc., Maxar Technologies Inc., MDA Ltd., Planet Labs PBC, Satellogic, Spire Global, Inc., TomTom N.V., VETRO, A.Ş..

Recent Industry Developments

In September 2022, Satellogic entered into a three-year agreement with the Government of Albania to establish a dedicated constellation. Through this collaboration, Satellogic aims to address various significant challenges in Albania, including issues related to illegal construction, illicit crops, traffic management, wildlife monitoring, and border security, by leveraging its high-quality imagery solutions.

During the same month, TomTom N.V. forged a partnership with Hyundai Motor Group (HMG) to offer its comprehensive maps and real-time traffic data. HMG will integrate TomTom’s top-notch maps into its entire range of vehicles in Europe, enhancing the navigation experience for users.

In August 2022, Esri renewed its partnership with the National Technical Information Service (NTIS) under the purview of the US Department of Commerce. This renewed collaboration empowers NTIS to access geospatial data, enabling the analysis and assistance of government agencies in making informed decisions.

bunlara ek olarak, in August 2022, BlackSky Technology Inc. secured a contract from NASA to assess the quality of its imaging data services for the Commercial Smallsat Data Acquisition (CSDA) Program. As part of this agreement, BlackSky will provide its dawn-to-dusk imagery data to support NASA’s Earth science mission.

Cevaplanan Anahtar Sorular

What are the emerging trends in the geospatial imagery analytics market, and how do experts anticipate the market to evolve between 2022 Ve 2032?

What are the primary drivers and challenges faced by companies operating in the geospatial imagery analytics market?

How is the market projected to grow during the forecast period of 2022-2032?

What opportunities exist for companies to expand their businesses within the geospatial imagery analytics market?

Which region is expected to dominate the geospatial imagery analytics market by 2032?

What strategies are key players implementing to maintain their position in this highly competitive market?

What is the current and future revenue outlook for the geospatial imagery analytics market?