Asia Pacific Geospatial Imagery Analytics Market Forecast 2018-2026
KEY FINDINGS Asia Pacific Geospatial Imagery Analytics market is anticipated to rise with the highest CAGR of 31.74% over the forecast period of 2018-2026. China is expected to be a high-revenue generating market for this region throughout the projected years.
MARKET INSIGHTS The Asia-Pacific geospatial imagery analytics market utilizes this technology for defence & military, transport & logistics, construction engineering, and border security and surveillance. The Chinese geospatial imagery analytics market captured the highest market share in 2016. However, the Indian market is anticipated to rise with the highest CAGR over the forecast period. The country’s central government is undertaking several initiatives such as launching their first satellite and commercializing drones and geo-intelligence developed by several start-ups in the region, which is further augmenting the demand for the market.
COMPETITIVE INSIGHTS Some of the famous market players for geospatial imagery includes Google Inc, Autodesk Inc, Urthecast Corporation, Esri Inc, Geocento Trimble Navigation Ltd, General Electrical Company, Hexagon Ab, Keyw Corporation, Harris Corporation, Satellite Imaging Corporation, MDA Geospatial Services, Oracle Corporation, Pitney Bowes Inc, and Eos Data Analytics Inc.