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Geospatial Imagery Analytics Market Size to Hit $126.01 Billion by 2028, Exhibiting a CAGR of 12.70% – Comprehensive Research Report by Facts & Factors

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NEW YORK, USA, Sept. 12, 2022 (GLOBE NEWSWIRE) — Facts and Factors has published a new research report titled “Geospatial Imagery Analytics Market Size, Share, Growth Analysis Report By Type (Imagery Analytics and Video Analytics), By Collection Mediums (Satellites, Geographic Information System, Unmanned Aerial Vehicles, and Others), By Deployment Mode (Cloud, and On-premises), By Organization Size (Large Enterprises, Small & Medium-sized Enterprises (SMEs)), By Vertical (Insurance, Defense & Security, Government, Environmental Monitoring, Energy, Utility, & Natural Resources, Engineering & Construction, Mining & Manufacturing, Agriculture, Healthcare & Life Sciences, and Other Verticals), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028” in its research database.

“According to the latest research study, the demand of global Geospatial Imagery Analytics Market size & share was valued at approximately USD 61.5 billion in 2021. The market is expected to grow above a CAGR of 12.70% and is anticipated to reach over USD 126.01 billion by 2028.”

The report analyses the Geospatial Imagery Analytics market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Geospatial Imagery Analytics market.

Market Overview:

To produce valuable information for making important business decisions, geospatial imaging analytics is a series of tools for assisting and analyzing geographic data obtained from sources such as GPS, satellite imagery, or mapping. The geospatial imaging analysis system is built on big data analytics and predictive analytics. Critical business decisions, risk assessment & catastrophe management, urban development, and climatic conditions are all made easier with its assistance in the private and governmental sectors. Geospatial imaging analysis produces more precise images than 3D and 2D analysis.

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  • Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
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  • Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
  • The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, Revenue Analysis, SWOT Analysis, Industry Major Players, Historical and ForecastGrowth, Porter’s 5 Forces Analysis
  • Facts and Factors research methodology

Key Insights from Primary Research

  • As per the analysis, the Geospatial Imagery Analytics market is likely to grow above a CAGR of around 12.70% between 2022 and 2028.
  • The Geospatial Imagery Analytics market size was worth around US$ 61.5 Billion in 2021and is estimated to hit approximately US$ 126.01 Billion by 2028. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
  • The usage of big data and artificial intelligence (Al) to improve geospatial imagery analytics solutions and intense competition among market rivals are driving the market.
  • By type, the imagery analytics category dominated the market in 2021.
  • By deployment model, the cloud category dominated the market in 2021.
  • On the basis of region, North America dominated the global geospatial imagery analytics market in 2021.

Market Growth Drivers

The global geospatial imagery analytics market is expected to increase over the forecasted period due to cutting-edge technologies like big data analytics and artificial intelligence. Additionally, throughout the projection period, the proliferation of digital cameras, sensor networks, satellite remote sensing, aerial surveys using photographic cameras, LiDar, radar, and global navigation satellite systems would promote market growth. Government agencies can benefit from deep machine learning algorithms when evaluating satellite imagery. Additionally, market growth will be fueled by the usage of AI for data mining and information prioritizing over the projection period.

In addition, geospatial AI technology incorporates algorithms with satellite images to help identify geographical regions. Over the anticipated time frame, all of these factors will significantly impact market growth. But the government’s tight law enforcement will prevent the market from booming. Nevertheless, during the predicted period, the market will see new growth opportunities due to the strong demand for open, interoperable services and the widespread use of location-based solutions.

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COVID-19 Impact Analysis

As a result of COVID-19, supply chains were severely impacted, and the stability of some economies was severely compromised. Despite this, there was a marked increase in the demand for geospatial analytics solutions throughout the lockdown. It became absolutely necessary to keep track of everyone’s movements in order to prevent the disease from spreading further. Furthermore, the production facilities were shut down, making it more difficult to control and supply the necessary electrical components. In general, the geospatial imagery analytics market was eventually able to overcome the initial effects of the global epidemic, and it is anticipated that it will experience tremendous growth during the period of the forecast.

Competitive Players

The report contains qualitative and quantitative research on the global Geospatial Imagery Analytics Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market’s main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company’s global presence, competitors, service offers, and standards.

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Some of the main players in the global Geospatial Imagery Analytics market include:      

  • Google 
  • Microsoft 
  • Oracle 
  • L3Harris Corporation 
  • Hexagon AB 
  • ESRI 
  • TomTom 
  • Trimble 
  • UrtheCast 
  • Geocento 
  • Sparkgeo 
  • Mapidea 
  • ZillionInfo 
  • Geospin 
  • Alteryx 
  • RMSI 
  • Maxar Technologies 
  • Ola 
  • Planet Labs 
  • Orbital Insight, and More..

Browse the full “Geospatial Imagery Analytics Market Size, Share, Growth Analysis Report – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028″ report at https://www.fnfresearch.com/geospatial-imagery-analytics-market

Geospatial Imagery Analytics Market: Segmentation Analysis

The global geospatial imagery analytics market has been segmented into type, collection medium, deployment mode, organization size, verticals, and region.

Based on the type, the geospatial imagery analytics market is segregated into imagery and video analytics. Among these, the imagery analytics segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on the collection medium, the geospatial imagery analytics market is segregated into satellites, geographic information systems, unmanned aerial vehicles, and others. Among these, the geographic information system segment led the market in 2021.

Based on the deployment mode, the geospatial imagery analytics market is segregated into cloud and on-premises. Among these, the cloud segment led the market in 2021. The geospatial imagery analytics market is segregated into large; SMEs are small and medium-sized businesses depending on the organization’s size. Among these, the small and medium-sized enterprises (SMEs) segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period. Based on verticals, the geospatial imagery analytics market is segmented into insurance, defense & security, government, environmental monitoring, energy, utility, natural resources, engineering & construction, agriculture, healthcare, life sciences, manufacturing, and other verticals. Among these, the healthcare and life sciences segment led the market in 2021 and is expected to maintain its dominance throughout the forecast period.

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Regional Analysis

The global geospatial imagery analytics market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Due to the addition of geospatial technologies to big data, the internet of things, artificial intelligence (AI), and machine learning (ML) to enhance communication in this area, North America dominated the global geospatial imagery analytics market in 2021. The presence of multiple developed economies, including Canada and the US, and the focus on innovations, brought about by R&D and various technologies all contribute to the regional market expansion. North America, a region with large data production, is the largest geospatial imaging analytics tools market.

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Recent Industry Developments:

  • February 2021: The satellite imagery business EOS Data Analytics announced that by the end of 2024, it would deploy seven optical EOS SAT satellites into low earth orbit. Agriculture is the focus of this endeavor due to the company’s objective is to maintain track of fields.
  • December 2019: To make recording GIS elements simple and accurate, Trimble released the Trimble TerraFlex field program. The Trimble GNSS solutions will have a wider scope by fusing the Trimble Global Navigation Satellite System (GNSS) with the TruPulse laser rangefinders.
  • May 2019: The GO platform was introduced by Orbital Insight and enabled users to follow trends worldwide.

Report Scope:

Report Attribute Details
Market Size in 2021 USD 61.5 Billion
Projected Market Size in 2028 USD 126.01 Billion
CAGR Growth Rate 12.70% CAGR
Base Year 2021
Forecast Years 2022-2028
Key Market Players Google, Microsoft, Oracle, L3Harris Corporation, Hexagon AB, ESRI, TomTom, Trimble, UrtheCast, Geocento, Sparkgeo, Mapidea, ZillionInfo, Geospin, Alteryx, RMSI, Maxar Technologies, Ola, Planet Labs, Orbital Insight, OneView, Boston Geospatial, SafeGraph, Hydrosat, GeoVerra, Slingshot Aerospace, and Others
Key Segment By Type, Collection Mediums, Deployment Mode, Organization Size, Vertical, and Region
Major Regions Covered North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa
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The global Geospatial Imagery Analytics market is segmented as follows:

By Type

  • Imagery Analytics
  • Video Analytics

By Collection Mediums

  • Satellites
  • Geographic Information System
  • Unmanned Aerial Vehicles
  • Others

By Deployment Mode

  • Cloud
  • On-premises

By Organization Size

  • Large enterprises
  • Small and medium-sized enterprises (SMEs)

By Vertical

  • Insurance
  • Defense and Security
  • Government
  • Environmental Monitoring
  • Energy, Utility, and Natural Resources
  • Engineering and Construction
  • Mining and Manufacturing
  • Agriculture
  • Healthcare and Life Sciences
  • Other Verticals

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Southeast Asia
    • Rest of Southeast Asia
  • The Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

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Key Offerings:

  • Market Size, Trends, & Forecast by Revenue | 2022−2028
  • Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
  • Market Segmentation – A detailed analysis by Type, Collection Mediums, Deployment Mode, Organization Size, Vertical, and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Artificial Intelligence

How AIoT shapes the future of mobility: Hikvision at ITS World Congress 2024

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HANGZHOU, China, Sept. 27, 2024 /PRNewswire/ — Hikvision made a significant impact at the ITS World Congress in Dubai with its captivating theme, “Embrace AIoT for safer, smarter, and greener mobility.” Its booth became a hub of innovation, where visitors explored AIoT solutions that are reshaping the transportation landscape, sparking deep conversations on the future of urban mobility.

Road safety revolution: harnessing AIoT for secure transportation
Hikvision’s commitment to road safety was on full display at its booth through the impressive array of AIoT solutions designed to create secure and reliable traffic environments. The company’s technology provides 24/7 traffic monitoring, ensuring continuous oversight of motor vehicles, non-motorized vehicles, pedestrians and environmental factors. This comprehensive, real-time information collection enables traffic managers to prevent accidents and enhance road safety. Among the showcased products was the 20 MP IR ANPR Checkpoint Capture Unit, renowned for its high-definition capture capabilities, bolstering traffic safety measures.
A standout innovation was the integration of advanced radar and camera technologies, ensuring uninterrupted, comprehensive detection even in adverse weather conditions. The Radar-Video Fusion Incident Detection Cameras, featured prominently in the product experience area, enable early detection and warning of potential hazards. They are particularly effective in challenging situations such as curved roads, blind spots at intersections, and obstacles beyond visual range.
Attendees also engaged with onboard monitoring products on the simulated bus, including dome network cameras, which is designed to enhance passenger safety. Driving assistance products, such as the Driver Status Monitor (DSM), were demonstrated to mitigate unsafe driving behaviors and ensure safer journeys.
Urban mobility redefined: smart traffic innovations
In the realm of smarter mobility, Hikvision showcased its multidimensional sensing technology, which integrates visible light sensors, infrared sensors, radar, and sonar. This technology expands perception capabilities, significantly improving traffic management and situational awareness. The use of AI-powered comprehensive sensing elevates incident monitoring and violation detection to unprecedented levels of accuracy and efficiency.
A major attraction was the Radar-Video Fusion TandemVu PTZ Camera, which integrates millimeter-wave radar with high-resolution cameras for extensive traffic detection and data analysis. AI-based algorithms combine these two systems to enhance target information, detecting up to 16 types of incidents. This leads to the development of a large-scale fusion model that merges spatial physical data with image semantic information. The result is ultra-long-range perception, achieving over 95% accuracy in vehicle trajectory detection. This robust system improves traffic violation management and optimizes traffic flow, significantly enhancing road efficiency.
At the simulated bus station, visitors observed how AI-assisted people counting automated the collection of passenger flow statistics at peak stop hours and bus line frequency during busy periods. Paired with smart bus stop digital signage, the solution improves bus service quality, operational efficiency, passenger experience, and overall public transport effectiveness.
Sustainable transportation: leading the charge for greener cities
Hikvision’s commitment to sustainable urban mobility was evident through its innovative green wave technology and eco-friendly checkpoint solutions. Green wave technology efficiently manages traffic flow to reduce congestion and lower carbon emissions, aligning with global sustainability goals. Visitors were particularly impressed by a case study showcasing a green wave solution implemented in Zhoushan, China. Over a stretch of 21 kilometers and 34 intersections, this main road cut travel times by 50%.
The use of DarkFighterX technology in checkpoint cameras also received significant attention. This technology senses both visible and invisible light, resulting in more accurate and realistic images. It enhances traffic violation enforcement efficiency while minimizing the need for high ambient light levels, thus reducing light pollution. The 9M DarkfightX ANPR Checkpoint Camera exemplified this dedication to environmental stewardship.
Frank Zhang, President of Hikvision MEA, remarked, “Hikvision supports sustainable urban planning by empowering traffic departments to address congestion and transportation challenges.” He further emphasized, “Our system’s openness fosters a secure and reliable platform for developing smart and green cities. Additionally, our solar technology is extensively utilized in remote areas, while our smart street lighting solutions reduce energy consumption by 20-30%, promoting intelligent urban transportation and advancing global sustainability objectives.”
Hikvision’s presence at the ITS World Congress in Dubai underscored its leadership in integrating AIoT technologies to drive safer, smarter, and greener mobility solutions. The engaging presentations and advanced product demonstrations captured significant attention from industry partners and customers, reaffirming the company’s role as a pioneer in shaping the future of urban transportation. As the world moves towards more intelligent and sustainable transportation systems, Hikvision remains at the forefront, embracing AIoT to create a safer, smarter, and greener future for all.
To find out more about Hikvision’s advanced traffic and public transport solutions, please explore the Hikvision official website.
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Artificial Intelligence

Anti-Drone Market worth $7.05 billion by 2029 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., Sept. 27, 2024 /PRNewswire/ — The global anti-drone market was valued at USD 2.16 billion in 2024 and is projected to reach USD 7.05 billion by 2029; it is expected to register a CAGR of 26.7% during the forecast period according to a new report by MarketsandMarkets™. Increasing government spending on counter-drone technologies, rising incidence of critical infrastructure security breaches by unauthorized drones, and surge in adoption of aerial remote sensing technologies to safeguard critical infrastructure are attributed to the demand for anti-drone.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=177013645
Browse in-depth TOC on “Anti-Drone Market” 178 – Tables61 – Figures253 – Pages
Anti-Drone Market Report Scope:
Report Coverage
Details
Market Revenue in 2024
$ 2.16 billion
Estimated Value by 2029
$ 7.05 billion
Growth Rate
Poised to grow at a CAGR of 26.7%
Market Size Available for
2020–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Million/Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
By System Type, Application, Platform type, Vertical, and Region
Geographies Covered
North America, Europe, Asia Pacific, and Rest of World
Key Market Challenge
Vulnerability to hacking
Key Market Opportunities
Emphasis on improving unmanned aircraft systems technology
Key Market Drivers
Growing number of illicit activities
By System Type: Hybrid systems to account for the larger market share in the forecasted year.
The hybrid segment accounted for the largest share of the anti-drone market in 2029. The trends of integrating multiple anti-drone technologies are rising since they are most effective in detecting, tracking, and neutralizing drone threats. These systems merge electronic, kinetic, and lasers, providing a comprehensive defense solution against UAVs. Hybrid systems use electronic, kinetic, and laser-based countermeasures to offer optimum protection against drones. These systems are designed to detect, track, identify, categorize, and mitigate drones at operational wide ranges ranging from a few km up to tens of km.
By Platform: The ground-based segment accounted for the largest market share in the forecast year.
The ground-based segment will hold a major share of the anti-drone market in 2029. Many ground-based anti-drone systems use several electronic technologies, such as radar, IR sensors, acoustic systems, and RF & GNSS jammers. MESA radar solutions are used mostly for counter-UAS purposes, protecting critical infrastructure, military camps, and other security-sensitive sites from unauthorized drones. One such solution is EchoGuard, a ground-based airspace management solution that contains a software-defined 3D radar that can be specific to the site. This system can identify single or multiple off-chance drones, including swarms in unauthorized areas. They provide accurate and sustained airspace surveillance for the field of view (FOV) they are configured, and both human and AI-monitored visual checks. The system can be easily transported and integrated directly with the command-and-control centers or another identification sensor for portable use, and multiple units of the system can be combined to cover vast areas or lengths of borders. Major providers of ground-based counter-drone systems include companies like EchoDyne Corporation, DeTect, Meteksan Defense, and WhiteFox Defense. Acoustics-based Discovair G2 utilizes patented microphone arrays. With 128 interconnected microphone elements, the Discovair sensor units can establish azimuth and elevation to the target in real-time using advanced digital signal processing.
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By Region: Americas are expected to hold the largest share of the anti-drone market during the forecast period.
Americas is expected to capture the largest share in the anti-drone industry during the forecast period. The growth can be attributed to protecting crucial infrastructure in the region. Governments, particularly in the US, invest in anti-drone systems for military bases, borders, and critical infrastructure. For Instance, in April 2023, RTX secured a USD 237 million contract from the US Army to provide Ku-band Radio Frequency Sensors (KuRFS) and Coyote effectors. These systems are designed to detect and neutralize unmanned aircraft systems (UAS). The contract includes stationary and mobile systems and a specified quantity of effectors, all aimed at enhancing the Army’s operations within the US Central Command region.
Key Players-
The key companies offering anti-drone companies include RTX (US), Lockheed Martin Corporation (US), Leonardo S.p.A. (Italy), Thales (France), and IAI (Israel).
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Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting
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Drone Sensor Market Size, Share, Industry Growth & Trends by Sensor Type, Platform (VTOL Type, Fixed Wing Type, Hybrid Type), Application (Navigation, Collision Detection & Avoidance, Data Acquisition, Motion Detection, Power Monitoring), End Users and Region – Global Forecast to 2029
Smart Agriculture Market Size, Share, Statistics and Industry Growth Analysis Report by Offering (Hardware, Software, Services), Agriculture Type, Farm Size (Large, Medium, Small), Application (Precision Farming, Livestock Monitoring) and Region (America, Europe, Asia Pacific, Row) – Global Forecast to 2028
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress Ave.Suite 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: [email protected] Our Web Site: https://www.marketsandmarkets.com/Research Insight: https://www.marketsandmarkets.com/ResearchInsight/anti-drone-market.aspContent Source: https://www.marketsandmarkets.com/PressReleases/anti-drone.asp
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Artificial Intelligence

CluePoints Launches Medical & Safety Review (MSR) Software to Revolutionize Clinical Data Review

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CluePoints furthers its commitment to delivering innovative solutions that enhance clinical trial efficiency with this latest addition to its enterprise software platform.
KING OF PRUSSIA, Pa., Sept. 27, 2024 /PRNewswire/ — CluePoints continues to transform clinical trial review and leverage its industry-leading software to enhance the interrogation, analysis and presentation of data with the launch of its latest application, Medical & Safety Review (MSR).

The tool simplifies and streamlines the medical analysis of study data through user-friendly dashboards, data manipulation and cleaning, query management and full transparency over the data history. This not only improves efficiency and communication in medical oversight, but also elevates patient safety, differentiating MSR as a smarter and unique solution.
Designed by, and for Medical and Safety Reviewers, MSR converts the manual analysis of patient outcomes, which can be prone to inefficiency and error, into an accurate, efficient process. MSR tackles time-consuming study preparation for specific visualizations by featuring a comprehensive standard visualization library as well as the ability to copy and reuse dashboards across different studies, enabling the identification of outlying values, change tracking, and improved communication for smarter clinical trials.
Other benefits of MSR include:
Enhanced medical review efficiency and reduced human errors via automated checksReduced time spent by clinical and data management teams in reviewing dataImproved collaboration with integrated review workflows across departmentsEnsured record quality and accountability with comprehensive change trackingDriving faster decision making with the proactive detection of trends and safety issuesEnsuring regulatory compliance with rule-based detection and user assignmentsAndy Cooper, Chief Executive Officer at CluePoints, commented, “We are thrilled to announce the launch of Medical & Safety Review to our growing product offerings. MSR is the latest application addition to the CluePoints platform, which includes products such as Risk-Based Quality Management (RBQM) and our Site Profile & Oversight Tool (SPOT). Together, they provide a comprehensive approach to clinical trial optimization, enhancing data integrity, ensuring regulatory compliance, and accelerating drug development. The creation of MSR ensures a more streamlined review process while prioritizing patient safety at every step and empowers medical teams to swiftly identify outliers, track data changes, and improve communication.”
To learn more about CluePoints’ award-winning solutions, please visit www.cluepoints.com
About CluePoints
CluePoints is the premier Risk-Based Quality Management (RBQM) and Data Quality Oversight Software provider. We are leveraging the potential of Artificial Intelligence using Advanced Statistics and Machine Learning to determine the quality, accuracy, and integrity of clinical trial data both during and after study conduct. Aligned with guidance from the FDA, EMA, and ICH E6 (R2), CluePoints is deployed to support central and on-site monitoring, medical review, quality risk management and to drive a holistic Risk-Based strategy in all trials. Coupled with thought leadership and consulting expertise to aid pre-study risk assessment, identification of risk controls and solution implementation, you now have everything you need to adhere with global regulatory guidance. The result is positive clinical development outcomes, increased operational efficiency, lower costs and reduced regulatory submission risk as part of the industry paradigm shift to RBQM.
 

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