Remote Sensing Services Market Outlook and Industry Forecast to 2022 - PowerPoint PPT Presentation

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Remote Sensing Services Market Outlook and Industry Forecast to 2022

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The Remote Sensing Services Market was valued at USD 9.70 Billion in 2016 and is projected to reach USD 21.62 Billion by 2022, at a CAGR of 15.14% from 2017 to 2022. – PowerPoint PPT presentation

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Title: Remote Sensing Services Market Outlook and Industry Forecast to 2022


1
According to the new market research report 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
during the period. The
of 15.14
forecast
increasing use of remote sensing services in
defense and commercial
of the factors of the
applications is one
most driving remote
significant the growth sensing
services
market. Furthermore, the introduction of Big Dat
a 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.marketsandmarkets.com/p
dfdownloadNew.asp?id87605355 The report provides
an in-depth market intelligence regarding key
market dynamics, such as drivers, restraints,
opportunities, and industry-specific challenges,
influencing the growth of the remote sensing
services market, along with analyzing
micromarkets with respect to individual growth
trends, future prospects, and their contribution
to the remote sensing services market. Based on
platform, the satellites segment is expected to
lead the remote sensing services market during
the forecast period 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
2
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 Players 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/requestsampleN
ew.asp?id87605355 About MarketsandMarkets Mark
etsandMarkets provides quantified B2B research
on 30,000 high growth niche opportunities/threats
which will impact 70 to 80 of worldwide
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over 200,000 markets and entire value chains for
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with market sizing and forecasts of niche
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