Global Geospatial Imagery Analytics Market Size Analysis, 2018-2028
| REPORT ID: BKR661 | Domain: Smart Technologies | Published Date: April 2018 |
Global Geospatial Imagery Analytics Market Size Analysis
The Global Geospatial Imagery Analytics Market Size is estimated to be valued over USD 3.1 billion in 2018.
The usage of GIS is increasing worldwide across a various industry verticals ranging from military intelligence and government functionaries to that in traditional corporate users. With the advancement in artificial intelligence, the companies are harnessing and analyzing data for betterment of business operations. Among these operations, location plays a very crucial role in wide range of decision making platform.
Certainly, the geospatial technology has its economic impact wherein companies’ especially logistic service providers are able to cut down the operational cost by over 10%. There is high market scope for industry players to capitalize on.
Industry consolidation is the major trend witnessed in the global geospatial imagery analytics market. In February 2018, Esri acquired ClearTerra. The acquisition is intended to offer ArcGIS platform users the ability to discover and extract geographic coordinates from unstructured textual data. Another major company – MacDonald, Dettwiler and Associates Ltd. (MDA) acquired DigitalGlobe Inc. in 2017. The company will be renamed as Maxar Technologies Ltd. Acquisition has helped MDA to offer diversified space based solutions and higher ROI over longer period of time.
Global Geospatial Imagery Analytics Market Analysis, By Type
Based on type, geospatial imagery analytics market size is segmented into imagery analytics and video analytics. Imagery analytics dominated the global share with over 73% of global share. Video analytics will gain traction in near future to witness increase in share by over 700 basis points between 2017 and 2028.
Video-based imagery is one of the recent industry trends witnessed in geospatial imagery analytics market. Video based analytics has gained significant traction and will continue to grow at a lucrative rate. Technological advancement in UAVs and satellite has led to wide scale usage of video analytics.
Global Geospatial Imagery Analytics Market Analysis, By Application
Surveillance and monitoring will dominate the global share throughout the forecast period. In 2018, it is estimated to account for over 33% of total share. The technology has played a vital role in analyzing the security issues and thus helping in better coordination. Furthermore, military sectors leverages the technology to gain intelligence and build strategic safety features.
Disaster management is another key application that helps scientists and other key personnel to gain insights on climate. Predictive analysis has become stronger with GIS.
Global Geospatial Imagery Analytics Market Size Analysis, By Collection Medium
Among collection medium, unmanned aerial vehicle (UAV) will register highest growth. Globally, the demand for commercial drones has heightened especially among government and military tactical operations. Low cost affordability and ability to maneuver at ease has led to increased demand of such medium for GIS purpose.
Global Geospatial Imagery Analytics Market Analysis, By Industry Vertical
Demand will be high from Government and military end-use sector. As per the estimates, government sector is estimated to account for over 64% of global share. Increase privatization will led to decline in market share by nearly 600 basis points between 2018 and 2028. Geospatial imagery analytics helps government bodies to ensure geographical security, develop city landscape, and implement strategies for disaster management.
Global Geospatial Imagery Analytics Market Size and Forecast, Regional Analysis:
Globally, Western Europe will dominate the global sales in 2018 followed closely by North America. In 2018, Western Europe will account for over 37% of global geospatial imagery analytics market share. Higher adoption of such technology is attributed to the fact that Europe has well established infrastructure along with security spending has increased by 5.7% in last two years. Industrial automation will take over most of the operations in Europe. As such, these technologies are expected to further increase during the forecast period.
Asia Pacific geospatial imagery analytics market will register fastest growth during the forecast period. China dominates the regional share. Towards the end of China’s 11th Five Year Plan, the country has surpassed Japan to become world’s second largest economy. As such, all industry verticals are registering impressive growth. With government strategic focus towards development, geospatial imagery analytics has grown manifold in the country. Surveying and mapping accounts for the largest usage. As per the estimates, over 18 thousand enterprises are certified to offer surveying and mapping services. Government initiatives including Digital China Geospatial Framework will play a key role in overall demand for such technology. Asia Pacific is expected to overtake North America by 2025 owing to flourishing industry landscape in China and India.
Global Geospatial Imagery Analytics Market Size and Forecast: Competition Landscape
Some key geospatial imagery analytics market players are Google Inc. Fugro Inc., Trimle Inc., Planet Labs, Inc., UrtheCast Corp., KeyW Corporation, RMSI, Satellite Imaging Corporation, SpaceKnow Inc., Maxar Technologies Ltd., Harris Corporation, Hexagon AB, and Skylab Analytics.
Geospatial Imagery Analytics Market Industry Segmentation
By Industry Vertical Type:
- Government and Military Sector
- Mining
- Petrochemicals
- Healthcare
- Construction and Civil Engineering
- Power and Energy
- Agriculture
- Forestry
- Media and Entertainment
By Type:
- Image Analytics
- Video Analytics
By Application:
- Surveillance and Monitoring
- Resource Management
- Disaster Management
- Conservation
- Forensics
- Archaeology
- Exploration and Exhibitions
By Carrier Mode:
- Commercial Drones
- GIS
- Satellites
What Will You Discover in the Report?
- An in-depth analysis of the Geospatial Imagery Analytics market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
- How the Geospatial Imagery Analytics market sales is expected to grow throughout the forecast period.
- How geopolitical policies and technological changes will affect the Geospatial Imagery Analytics market in near future
- Where the stakeholders should invest to generate higher profit margins
- How consumers (end-users) will reflect to the Geospatial Imagery Analytics industry during the forecast period
- Who are the Geospatial Imagery Analytics industry leaders and what are the key initiatives taken by them for long term growth
Analyst access with Bekryl Market Analysts
Purchasing of Geospatial Imagery Analytics market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.
Global Geospatial Imagery Analytics Market Size Analysis
The Global Geospatial Imagery Analytics Market Size is estimated to be valued over USD 3.1 billion in 2018.
The usage of GIS is increasing worldwide across a various industry verticals ranging from military intelligence and government functionaries to that in traditional corporate users. With the advancement in artificial intelligence, the companies are harnessing and analyzing data for betterment of business operations. Among these operations, location plays a very crucial role in wide range of decision making platform.
Certainly, the geospatial technology has its economic impact wherein companies’ especially logistic service providers are able to cut down the operational cost by over 10%. There is high market scope for industry players to capitalize on.
Industry consolidation is the major trend witnessed in the global geospatial imagery analytics market. In February 2018, Esri acquired ClearTerra. The acquisition is intended to offer ArcGIS platform users the ability to discover and extract geographic coordinates from unstructured textual data. Another major company – MacDonald, Dettwiler and Associates Ltd. (MDA) acquired DigitalGlobe Inc. in 2017. The company will be renamed as Maxar Technologies Ltd. Acquisition has helped MDA to offer diversified space based solutions and higher ROI over longer period of time.
Global Geospatial Imagery Analytics Market Analysis, By Type
Based on type, geospatial imagery analytics market size is segmented into imagery analytics and video analytics. Imagery analytics dominated the global share with over 73% of global share. Video analytics will gain traction in near future to witness increase in share by over 700 basis points between 2017 and 2028.
Video-based imagery is one of the recent industry trends witnessed in geospatial imagery analytics market. Video based analytics has gained significant traction and will continue to grow at a lucrative rate. Technological advancement in UAVs and satellite has led to wide scale usage of video analytics.
Global Geospatial Imagery Analytics Market Analysis, By Application
Surveillance and monitoring will dominate the global share throughout the forecast period. In 2018, it is estimated to account for over 33% of total share. The technology has played a vital role in analyzing the security issues and thus helping in better coordination. Furthermore, military sectors leverages the technology to gain intelligence and build strategic safety features.
Disaster management is another key application that helps scientists and other key personnel to gain insights on climate. Predictive analysis has become stronger with GIS.
Global Geospatial Imagery Analytics Market Size Analysis, By Collection Medium
Among collection medium, unmanned aerial vehicle (UAV) will register highest growth. Globally, the demand for commercial drones has heightened especially among government and military tactical operations. Low cost affordability and ability to maneuver at ease has led to increased demand of such medium for GIS purpose.
Global Geospatial Imagery Analytics Market Analysis, By Industry Vertical
Demand will be high from Government and military end-use sector. As per the estimates, government sector is estimated to account for over 64% of global share. Increase privatization will led to decline in market share by nearly 600 basis points between 2018 and 2028. Geospatial imagery analytics helps government bodies to ensure geographical security, develop city landscape, and implement strategies for disaster management.
Global Geospatial Imagery Analytics Market Size and Forecast, Regional Analysis:
Globally, Western Europe will dominate the global sales in 2018 followed closely by North America. In 2018, Western Europe will account for over 37% of global geospatial imagery analytics market share. Higher adoption of such technology is attributed to the fact that Europe has well established infrastructure along with security spending has increased by 5.7% in last two years. Industrial automation will take over most of the operations in Europe. As such, these technologies are expected to further increase during the forecast period.
Asia Pacific geospatial imagery analytics market will register fastest growth during the forecast period. China dominates the regional share. Towards the end of China’s 11th Five Year Plan, the country has surpassed Japan to become world’s second largest economy. As such, all industry verticals are registering impressive growth. With government strategic focus towards development, geospatial imagery analytics has grown manifold in the country. Surveying and mapping accounts for the largest usage. As per the estimates, over 18 thousand enterprises are certified to offer surveying and mapping services. Government initiatives including Digital China Geospatial Framework will play a key role in overall demand for such technology. Asia Pacific is expected to overtake North America by 2025 owing to flourishing industry landscape in China and India.
Global Geospatial Imagery Analytics Market Size and Forecast: Competition Landscape
Some key geospatial imagery analytics market players are Google Inc. Fugro Inc., Trimle Inc., Planet Labs, Inc., UrtheCast Corp., KeyW Corporation, RMSI, Satellite Imaging Corporation, SpaceKnow Inc., Maxar Technologies Ltd., Harris Corporation, Hexagon AB, and Skylab Analytics.
Geospatial Imagery Analytics Market Industry Segmentation
By Industry Vertical Type:
- Government and Military Sector
- Mining
- Petrochemicals
- Healthcare
- Construction and Civil Engineering
- Power and Energy
- Agriculture
- Forestry
- Media and Entertainment
By Type:
- Image Analytics
- Video Analytics
By Application:
- Surveillance and Monitoring
- Resource Management
- Disaster Management
- Conservation
- Forensics
- Archaeology
- Exploration and Exhibitions
By Carrier Mode:
- Commercial Drones
- GIS
- Satellites
What Will You Discover in the Report?
- An in-depth analysis of the Geospatial Imagery Analytics market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
- How the Geospatial Imagery Analytics market sales is expected to grow throughout the forecast period.
- How geopolitical policies and technological changes will affect the Geospatial Imagery Analytics market in near future
- Where the stakeholders should invest to generate higher profit margins
- How consumers (end-users) will reflect to the Geospatial Imagery Analytics industry during the forecast period
- Who are the Geospatial Imagery Analytics industry leaders and what are the key initiatives taken by them for long term growth
Analyst access with Bekryl Market Analysts
Purchasing of Geospatial Imagery Analytics market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.
Geospatial Imagery Analytics Market Size TOC
- Report Structure
- Research Methodology
- Market Engineering Factors Weightage
- Market Share Methodology
- Executive Summary
- Key Findings
- Market Engineering Factors
- Industry Expert Perspectives
- Market Definitions
- The Global Geospatial Imagery Analytics Market Value
- Overall Market Forecast
- Geospatial Imagery Analytics Growth Outlook, By Segments
- Geospatial Imagery Analytics Growth Scenario, by Region
- The Geospatial Imagery Analytics Industry Ecosystem
- Parent Market Overview
- Industry Value Chain
- Growth Factor Analysis
- Key Industry Players By Region
- The Geospatial Imagery Analytics Industry Dynamics
- Drivers
- Challenges
- Opportunities
- Mega Trends
- Geographical Trends
- Industry Experts Views
- Merger Acquisition and Compliances, By Selected countries
- Global Geospatial Imagery Analytics Industry Value and Forecast
- Introduction
- Industry Initiatives
- Industry Predictive Analysis
- Geospatial Imagery Analytics Industry Segment Comparative Ranking Analysis
- Key Companies Involved and Initiatives
- Global Industry Opportunity Proposition Analysis
- Market Share Analysis, (%)
- Global Geospatial Imagery Analytics Market Size and Forecast, (2017-2027)
- Market Value Forecast (US$ Million)
- Growth Analysis (Y-o-Y) and Forecast
- Global Geospatial Imagery Analytics Industry Size and Forecast, By Segments
By Industry Vertical Type:
- Government and Military Sector
- Mining
- Petrochemicals
- Healthcare
- Construction and Civil Engineering
- Power and Energy
- Agriculture
- Forestry
- Media and Entertainment
By Type:
- Image Analytics
- Video Analytics
By Application:
- Surveillance and Monitoring
- Resource Management
- Disaster Management
- Conservation
- Forensics
- Archaeology
- Exploration and Exhibitions
By Carrier Mode:
- Commercial Drones
- GIS
- Satellites
- North America Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis
- North America Geospatial Imagery Analytics Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- North America Geospatial Imagery Analytics Market, By Segments (As mentioned in section 10 of TOC)
- S. Geospatial Imagery Analytics Market Size and Forecast, By Segments
- Canada Geospatial Imagery Analytics Market Size and Forecast, By Segments
- Latin America Geospatial Imagery Analytics Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Latin America (South America) Geospatial Imagery Analytics Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Latin America Geospatial Imagery Analytics Market, By Segments (As mentioned in section 10 of TOC)
- Brazil Geospatial Imagery Analytics Market Size and Forecast, By Segments
- Argentina
- Mexico
- Rest of Latin America
(Geospatial Imagery Analytics industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Western Europe Geospatial Imagery Analytics Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Western Europe Geospatial Imagery Analytics Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Western Europe Geospatial Imagery Analytics Market, By Segments (As mentioned in section 10 of TOC)
- Germany Geospatial Imagery Analytics Market Size and Forecast, By Segments
- UK
- France
- Spain
- Italy
- NORDIC
- Switzerland
- Rest of Western Europe
(Geospatial Imagery Analytics industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Central and Eastern Europe (CEE) Geospatial Imagery Analytics Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Regional Countries
- Central and Eastern Europe Geospatial Imagery Analytics Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Central and Eastern Europe Geospatial Imagery Analytics Market, By Segments (As mentioned in section 10 of Geospatial Imagery Analytics Market TOC)
- Russia Geospatial Imagery Analytics Market Size and Forecast, By Segments
- Poland
- Ukraine
- Rest of CEE
(Geospatial Imagery Analytics industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Asia Pacific Geospatial Imagery Analytics Industry Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Asia Pacific Countries
- Asia Pacific Geospatial Imagery Analytics Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Asia Pacific Geospatial Imagery Analytics Market, By Segments (As mentioned in section 10 of TOC)
- Japan Geospatial Imagery Analytics Market Size and Forecast, By Segments
- China
- India
- South Korea
- Australia
- ASEAN
- Rest of Asia Pacific
(Geospatial Imagery Analytics industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Middle East Geospatial Imagery Analytics Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Middle East Countries
- Middle East Geospatial Imagery Analytics Market Analysis
- Industry Size and Forecast, (2017-2027)
- Industry Share (%)
- Industry Growth Forecast (%)
- Middle East Geospatial Imagery Analytics Market, By Segments (As mentioned in section 10 of TOC)
- GCC Geospatial Imagery Analytics Market Size and Forecast, By Segments
- Israel
- Rest of Middle East
(Geospatial Imagery Analytics industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Africa Geospatial Imagery Analytics Market Value and Forecast
- Introduction
- Industry Initiatives
- Bekryl Predictive Analysis
- Comparative Ranking Analysis, By Segments (As mentioned in section 10)
- Key Companies Involved and Initiatives, By Region
- Industry Value Proposition Analysis, By Africa Countries
- Market Share Analysis, (%)
- Africa Geospatial Imagery Analytics Industry Size and Forecast, (2017-2027)
- Africa Geospatial Imagery Analytics Industry Share (%)
- Africa Geospatial Imagery Analytics Industry Growth Forecast (%)
- South Africa Geospatial Imagery Analytics Market Size and Forecast, By Segments
- Algeria
- Nigeria
(Geospatial Imagery Analytics industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)
- Geospatial Imagery Analytics Market Competitive Landscape
- Competition Dashboard
- Funding and Investment
- Company Market Positioning
- Marketing Mix Strategies
- Product Level Strategies
- Go-to-Market Strategies
- SWOT Analysis
- Key Developments, By Companies
- Company Profiles*
- Google Inc.
- Fugro Inc.,
- Trimle Inc.,
- Planet Labs, Inc.,
- UrtheCast Corp.,
- KeyW Corporation,
- RMSI,
- Satellite Imaging Corporation,
- SpaceKnow Inc.,
- Maxar Technologies Ltd.,
- Harris Corporation,
- Hexagon AB,
- Skylab Analytics
- Analyst Opinion
- Summary and Conclusion
- For more Information, Bekryl can help
*(SWOT, Key Developments, and Strategies are based on individual companies)
To access the detailed Geospatial Imagery Analytics industry TOC and sample research pages, download sample.
Geospatial Imagery Analytics Market Report Structure
Geospatial Imagery Analytics Industry Dynamics
This section enables Geospatial Imagery Analytics industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Geospatial Imagery Analytics market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Geospatial Imagery Analytics industry trends and keep industry leaders abreast of latest happenings.
This section includes:
- Market Drivers
- Market Challenges
- Geospatial Imagery Analytics Industry Trends
- Geospatial Imagery Analytics Value Chain Analysis
- Marketing Opportunities
- Regulatory Aspects
- Geospatial Imagery Analytics Industry Experts Market Opinion
Industry Analysis, By Segments
Industry stakeholders receive detailed analysis of the Geospatial Imagery Analytics industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.
Each segment has research framework, essential to understand the market scenario in near future.
Each segment includes:
- Market Size and Forecast
- Annual Growth Rate Analysis (AGR)
- Key Trends, By segments
- Key Industry Developments
- Investment Proposition Analysis
- Potential Addressable Market Analysis
- Growth Factor, By Segment Analysis
This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.
Competition Landscape
Keep abreast of key strategies of industry leaders and regional Geospatial Imagery Analytics industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.
This section include:
- Competition dashboard
- SWOT Analysis by Companies
- Go-to-market sales strategy
- Financial performances subject to listed companies
- Market Share Analysis
- Analyst Recommendation
Regional Market Analysis
Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Geospatial Imagery Analytics market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.
This section include:
- Market Size by Country and Region
- Market Opportunity, By Country and Region
- Regional Trends
- Growth Analysis and Forecast
Country Profiles
Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any
North America Geospatial Imagery Analytics Market Size
- S.
- Canada
Latin America Geospatial Imagery Analytics Market Size
- Brazil
- Mexico
- Argentina
- Rest of Latin America
(*Geospatial Imagery Analytics Market value analyzed across each Latin America country)
Western Europe Geospatial Imagery Analytics Market Size
- Germany
- UK
- France
- Switzerland
- Spain
- Italy
- NORDIC
- Rest of Western Europe
(*Geospatial Imagery Analytics Market value analyzed across each Western Europe country)
Central and Eastern Europe Geospatial Imagery Analytics Industry Analysis
- Russia
- Poland Meat
- Ukraine Meat
- Rest of Eastern Europe
(*Geospatial Imagery Analytics Market value analyzed across each Central and Eastern Europe country)
Asia Pacific Geospatial Imagery Analytics Industry Size
- China
- India
- Japan
- Australia
- South Korea
- ASEAN Meat
- Rest of Asia Pacific
(*Geospatial Imagery Analytics Market value analyzed across each Asia Pacific country)
Middle East Geospatial Imagery Analytics Industry Size
- GCC
- Israel
- Rest of Middle East
(*Geospatial Imagery Analytics Market value analyzed across each Middle East country)
Africa Geospatial Imagery Analytics Industry Size
- South Africa
- Algeria
- Nigeria
- Rest of Africa
Geospatial Imagery Analytics Market Research Methodology
Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.
Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.
Geospatial Imagery Analytics Market Growth Forecasting Methodology
In order to prepare historical data and analyze Geospatial Imagery Analytics market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Geospatial Imagery Analytics market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.
- Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
- The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.
With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Geospatial Imagery Analytics market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.
The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries. Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Geospatial Imagery Analytics industry growth is nearly 3.5X to 5.5X higher than the relative GDP.
Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.
- Base Factors Growth Analysis
- Price Variation Analysis
- Potential Consumer Mapping
Geospatial Imagery Analytics Industry Players: Competition Landscape Methodology
Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.
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