Geospatial Imagery Analytics Market to Perceive Significant Growth Owing to Increasing Significance for Satellite Imagery from 2020 to 2027 despite COVID-19 Impact - Exclusive Business Report by Research Dive

The outburst of the COVID-19 pandemic in 2020 has had an optimistic impact on the global geospatial imagery analytics market. Increasing applications and demand for geospatial imagery analytics in the pandemic period is enhancing the growth of the global market. Various market players are taking significant steps to obtain a robust position in the global market.


New York, USA, July 12, 2021 (GLOBE NEWSWIRE) -- A newest research report on the global geospatial imagery analytics market by Research Dive divulges the impact of COVID-19 disaster on the current and future growth of the market. This report is a beneficial study for stakeholders, investors, market players, and new entrants looking for thorough statistics and information on the impact of COVID-19 on the market growth.

Download Free Sample Report of the Global Geospatial Imagery Analytics Market: https://www.researchdive.com/download-sample/270

Key Highlights of the Report:

The COVID-19 pandemic has had an optimistic impact on the global market for geospatial imagery analytics in 2020.

The report states that the global geospatial imagery analytics market had garnered $2,290.0 million in 2019 and is projected to surpass $11,932.5 million by rising with a CAGR of 23.4% by 2027.

In the present condition, the market has gathered a revenue of $3,479.6 million owing to the growing usage of geospatial imagery analytics to battle COVID-19 disorder.

Check out How COVID-19 impacts the Global Geospatial Imagery Analytics Market: https://www.researchdive.com/connect-to-analyst/270

Factors Supplementing the Market Growth during COVID-19 Pandemic:

Increasing applications of geospatial imagery analytic solutions for tracking the global impact and spread of the COVID-19 disease is surging the growth of the global geospatial imagery analytics market during the pandemic. Advanced geospatial data helps in analyzing risk factors, setting-specific characterization of the transmission of disease, and predictions of pathogen and viral prevalence. Hence, geospatial imagery analytics is being widely used for aiding health care institutes in planning and gearing up for tackling the pandemic.

Check out all Information and communication technology & media Industry Reports: https://www.researchdive.com/information-and-communication-technology-and-media

Also, as geospatial imagery analytics technology is extremely proactive in delivering real-time data related to COVID-19, tracking spread of the virus, and recording the accurate and constant count of the infected people, various government bodies across the globe are making use of this technology in the havoc period. All these factors are significantly contributing to the growth of the global geospatial imagery analytics market during the COVID-19 turmoil.

Access Varied Market Reports Bearing Extensive Analysis of the Market Situation, Updated With The Impact of COVID-19: https://www.researchdive.com/covid-19-insights

Present Market Scenario Due to COVID-19 Disaster:

Government bodies across the globe are focusing on revising and enhancing disaster management strategies by scrutinizing the data obtained by GIS. Using this data, they are trying to decrease the adverse impacts of natural disasters such as earthquakes, cyclones, pandemics, and floods on human civilization and environment. Furthermore, several ventures are anticipated to make use of geospatial imagery analytics technology to discover novel techniques to help their clients in the pandemic period.

For instance, in February 2021, EOS Data Analytics, a satellite imagery analytics provider, has declared that it is planning to introduce seven optical EOS SAT satellites into an LEO (Low Earth orbit) by 2024. By introducing its own satellite imaging constellation, the company intends to launch a full satellite data production vertical – from direct imagery collection to processing, analysis, and delivery.

Future Potential and Key Players of the Market:

1. UrtheCast
2. Oracle
3. Maxar Technologies
4. Trimble Inc.
5. L3Harris Technologies, Inc.
6. HEXAGON
7. RMSI
8. Microsoft
9. TomTom International BV.
10. ALTERYX, INC.

As per the report, the global geospatial imagery analytics market is projected to witness constant growth after the relaxation of the COVID-19 pandemic; this because of the growing implementation of geospatial imagery technologies by various industrial sectors.

The report offers many strategies and ideas of the top industry players functioning in the industry such as the current strategic plans & developments, financial performance, SWOT analysis, and product/service range. Click Here to Get Absolute Top Companies Development Strategies Summary Report.

TRENDING REPORTS WITH COVID-19 IMPACT ANALYSIS

Pipeline Security Market: https://www.researchdive.com/143/pipeline-security-market

Cloud Applications Market: https://www.researchdive.com/covid-19-insights/193/cloud-applications-market

Managed Security Services Market: https://www.researchdive.com/226/managed-security-services-market

5G Infrastructure Market: https://www.researchdive.com/covid-19-insights/307/5g-infrastructure-market

 

Contact Data