Remote Sensing Services Market worth $21.62 Billion by 2022 at a CAGR of 15.14%

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Remote Sensing Services Market worth 21.62
Billion by 2022 at a CAGR of 15.14 The report
"Remote Sensing Services Market by Platform
(Satellites, UAVs, Manned Aircraft, and
Ground), End User (Defense and Commercial),
Resolution (Spatial, Spectral, Radiometric, and
Temporal), and Region - Global Forecast to 2022",
The remote sensing services market is estimated
to be USD 10.68 Billion in 2017 and is projected
to reach USD 21.62 Billion by 2022, at a CAGR of
15.14 during the forecast period. The
increasing use of remote sensing services
in defense and commercial applications is one
of the most significant factors driving the
growth of the remote sensing services market.
Furthermore, the introduction of Big Data
analytics in remote sensing and growth of the
cloud computing market are anticipated to fuel
the demand for remote sensing services.
Download PDF Brochure _at_ https//www.marketsandmark
ets.com/pdfdownloadNew.asp?id87605355 Based on
platform, the satellites segment is expected to
lead the remote sensing services market during
the forecast period
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Based on platform, the satellites segment is
expected to lead the remote sensing services
market during the forecast period, owing to the
increased demand for Earth observation
satellites. These satellites are intended for
monitoring of the Earths surface to obtain
valuable information for mapping, mineral
exploration, land-use planning, resource
management, and other activities. The UAVs
segment of the remote sensing services market is
anticipated to grow at the highest CAGR during
the forecast period Based on platform, the UAVs
segment of the remote sensing services market is
expected to grow at the highest CAGR from 2017 to
2022. UAVs are considered to be the most
preferred remote sensing platform. UAV-based
remote sensing services are used for
large-scale mapping, real-time assessment,
and monitoring activities of various
applications, such as precision farming, 3D
terrain model construction, damage assessment,
geohazard mapping, and mineral exploration. North
America is projected to account for the largest
share of the remote sensing services market in
2017 North America is estimated to lead the
remote sensing services market in 2017.
Increasing demand for remote sensing services in
various sectors, such as oil gas, mineral
exploration, agriculture, energy power, earth
observation, search rescue, weather
forecasting, scientific research, forest
industry, and oceanography is anticipated to
drive the growth of the remote sensing
services market in North America. In addition,
remote sensing services facilitate the collection
of multi-source imagery data used in Geographic
Information Systems (GIS) as well as for damage
assessment and environmental monitoring, which,
in turn, is anticipated to contribute to the
growth of the remote sensing services market in
this region. Key Market Player Antrix
Corporation (India), DigitalGlobe (US),
EKOFASTBA (Spain), Geo Sense (Malaysia),
Mallon Technology (UK), Remote Sensing Solutions
(Germany), SpecTIR (US), Satellite Imaging
Corporation (US), Terra Remote Sensing (Canada),
The Airborne Sensing Corporation (Canada), and
The Sanborn Map Company (US) are leading players
in the remote sensing services market. Ask for
Sample Report _at_ https//www.marketsandmarkets.com/
requestsampleNew.asp?id87605355
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