Remote Sensing Services Market worth $26.6 billion by 2027 at a CAGR of 14.9%

1
Remote Sensing Services Market worth
26.6 billion by 2027
The report on the Remote Sensing Services Market
provides a detailed trend analysis from 2018 to
2027. It discusses industry and technology trends
currently prevailing in the market, along with
drivers, restraints, challenges, and
opportunities that influence the growth of the
market.
The Remote Sensing Services
MarketsandMarkets

• Market is estimated to be USD
• 13.2 billion in 2022 and is projected to reach
  USD 26.6 billion by 2027, at a CAGR of 14.9
  from 2022 to 2027. The market is driven by
  factors such as rise in global focus on using
  satellite, UAV aerial images for various
  applications
• like precision agriculture, real estate
  monitoring, power line inspection among many
  others.
• Download PDF Brochure _at_
• https//www.marketsandmarkets.com/pdfdownloadNew.a
  sp?id87605355
• Based on application, Defense Security segment
  is projected to lead the market during the
  forecast period.
• Defense security is one of the main verticals
  that use geospatial technologies in their
  operational activities. GIS, GPS, IoT, and remote
  sensing are used in defense operations such as
  command control, force protection security,
  intelligence, surveillance, military
  engineering, mission planning, data modeling,
  simulation, training, terrain analysis,
  visualization, and naval operations.
• Crime mapping can be done using GIS and satellite
  imagery, allowing analysts to spot patterns in
  the occurrence of crimes, as well as trends and
  escape routes used by criminals. Additionally,
  GIS tools can be used with AI to predict areas
  that are vulnerable to attack.
• Based on end use, military government segment
  is estimated to dominate the market during the
  forecast period

2
The innovation of remote sensing technology plays
a vital role in defense forces. Geographical
Information Systems (GIS) have provided essential
and accurate information to military operations.
Military commanders concept of Command,
Control, Coordination, and Communication depends
largely on spatial data from GIS. Battlefield
management is a system that integrates, monitors,
and processes information to enhance efficient
command and control military operations. Remote
sensing technology has changed the way battles
are planned during wars. The military commander
in the battle uses spatial data and GIS systems
for digital mapping, planning for battlefield
operations, and command control. Satellites owned
by private companies have played an unexpectedly
important role in the war in Ukraine in early
August 2022. Based on type, aerial photography
remote sensing segment to have highest market
share in 2022 Aerial photography is being used
widely for archaeological purposes due to the
fact that remote sensing data helps to recognize
site locations and record and monitor changes in
their landscapes through time. It is also used to
discover subsurface features by means of the
topsoil characteristics or by stereoscopic
examination of images. Inspection of
low-altitude oblique and vertical photographs can
detect textural soil variations, such as shadow
marks, crop marks, and soil marks most of which
are caused by the disturbances of the soil's
matrix by the presence of underground features
and the corresponding differences in moisture
conditions. North America accounted for the
largest share of the remote sensing services
market in 2022. The presence of major service
providers, such as Maxar Technologies (US),
Planet Labs PBC (US), and Terra Remote Sensing
(Canada), is one of the most significant factors
driving the demand for remote sensing services in
this region. North America is expected to
continue its dominance in the remote sensing
services market during the forecast period.
However, the market in Asia Pacific is projected
to record the highest CAGR of 17.5 during the
forecast period. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id87605355
About MarketsandMarkets MarketsandMarkets
provides quantified B2B research on 30,000 high
growth niche opportunities/threats which will
impact 70 to 80 of worldwide companies
revenues. Currently servicing 7500 customers
worldwide including 80 of global Fortune 1000
companies as clients. Almost 75,000 top officers
across eight industries
3
worldwide approach MarketsandMarkets for their
painpoints around revenues decisions. MarketsandMa
rketss flagship competitive intelligence and
market research platform, "Knowledgestore"
connects over 200,000 markets and entire value
chains for deeper understanding of the unmet
insights along with market sizing and forecasts
of niche markets. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441