Global Remote Sensing Software Market Overview 2023-2028
The global remote sensing software market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2028, exhibiting a growth rate (CAGR) of 11.75% during 2023-2028.
Remote sensing software is specialized software that processes and analyzes data collected from remote sensing devices like satellites, drones, or ground-based sensors. It plays a critical role in converting raw data into useful information that can be interpreted for various applications. It offers tools for tasks such as image enhancement, classification, and analysis of spatial data. It can help in assessing crop health and estimating yields. It also aids in monitoring natural disasters like wildfires or floods.
Global Remote Sensing Software Market Trends and Drivers:
The increasing use of remote sensing software in precision farming by monitoring soil health and crop conditions and predicting yields that help farmers make informed decisions about irrigation, fertilization, and pest control represents one of the primary factors bolstering the market growth around the world. In addition, the rising adoption of remote sensing software in the exploration of minerals, oil, and gas by providing detailed maps and data analyses is favoring the growth of the market. It can also identify mineral compositions and structural faults, which reduces the need for physical exploratory missions. Apart from this, the growing utilization of remote sensing software in disaster management to provide real time data during natural disasters like floods, earthquakes, and forest fires is influencing the market positively.
Global Remote Sensing Software Market 2023-2028 Analysis and Segmentation:
Top Key Players covered in this report are: EOS Data Analytics Inc., Esri, Hexagon AB, L3Harris Technologies Inc., Merrick & Company, PCI Geomatics, Textron Systems (Textron Inc.) and Trimble Inc.
The report segmented the market on the basis component, deployment mode, application and end user.
Component Insights:
- Software
- Services
Deployment Mode Insights:
- On-premises
- Cloud-based
Application Insights:
- Ground
- Satellite
- Airborne
End User Insights:
- Defense
- Commercial
Regional Insights:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023- 2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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