According to projections, the market for imaging analytics will be worth $ 9,877.0 million in 2022 and $ 68,998.0 million in 2032, rising at a CAGR of 21.5%. Between 2016 and 2021, the market for image recognition grew at a CAGR of 19.2%. The advancement of Imagery Analytics technology and increased competition are important elements driving the expansion of this sector.
The process of acquiring photos or films from the outside or interior surfaces of the earth, bodies, or other objects is known as imaging analytics. Imagery data analysis provides current situations, historical insights, and future projections for a range of applications. Imaging analytics is a key component of big data, with applications in industries like healthcare and other fields. Numerous companies provide
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The term “imagery analytics market” describes the use of sophisticated algorithms and software for the analysis and interpretation of pictures and videos obtained from a variety of sources, including satellites, drones, and other imaging devices. Technologies like machine learning, computer vision, and deep learning are available on the market and allow for the analysis of enormous volumes of visual data.
The growing need for precise geospatial information, particularly in sectors like defense and security, agriculture, mining, and construction, is likely to drive the growth of the global imagery analytics market over the coming years. By using satellite and aerial images to extract useful information, corporations, governments, and other organizations can make better decisions and run more efficiently.
Increasing investments in the creation of artificial intelligence (AI) and machine learning (ML) technologies, expanding need for geospatial data, and increased acceptance of cloud-based solutions are some of the factors propelling the market’s expansion. However, considerations including worries over data privacy and the expensive cost of technology may somewhat impede industry expansion.
Global Imagery Analytics Market: Competition Landscape
The most prominent companies in the imaging analytics industry include
- Hexagon AB,
- Digital Globe Inc.,
- Urthecast Corporation,
- Trimble Inc.,
- Harris Corporation,
- Google Inc.,
- Satellite Imaging Corporation,
- Keyw Corporation,
- EOS Data Analytics, and
- Geocento.
The research study provides an in-depth analysis of the market and includes meaningful insights, facts, historical data, and statistically backed and industry-validated market statistics. It also includes estimates based on an appropriate set of assumptions and procedures. The research study analyses and offers information based on market areas such as geography, application, and industry.
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Global Imagery Analytics Market: Segmentation
The global imagery analytics market can be segmented into types, and applications:
Based on type, the global imagery analytics market:
- imagery analytics
- video analytics
Based on application, the global imagery analytics market:
- geospatial and weather monitoring
- energy and utility
- manufacturing and mining
- healthcare
- agriculture
- others
On Region:
- North America
- Latin America
- Asia Pacific
- META
- Europe
Table of Content
Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
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