This report describes and explains the geospatial imagery analytics market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global geospatial imagery analytics market reached a value of nearly $10.14 billion in 2024, having grown at a compound annual growth rate (CAGR) of 27.23% since 2019. The market is expected to grow from $10.14 billion in 2024 to $34.18 billion in 2029 at a rate of 27.49%. The market is then expected to grow at a CAGR of 26.53% from 2029 and reach $110.86 billion in 2034.
Growth in the historic period resulted from the expansion of smart cities, rising investment in space technologies, growth in precision agriculture and growing demand for location-based services. Factors that negatively affected growth in the historic period were growth in precision agriculture and limited technological infrastructure.
Going forward, the deployment of 5G technology, growing number of internet of things (IoT) devices, rising demand in real estate & construction and government initiatives in geospatial programs will drive the growth. Factor that could hinder the growth of the geospatial imagery analytics market in the future include limited skilled workforce and high implementation costs.
North America was the largest region in the geospatial imagery analytics market, accounting for 33.62% or $3.41 billion of the total in 2024. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the geospatial imagery analytics market will be Asia-Pacific and South America where growth will be at CAGRs of 31.66% and 29.59% respectively. These will be followed by Eastern Europe and Africa where the markets are expected to grow at CAGRs of 28.83% and 27.80% respectively.
The global geospatial imagery analytics market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 31.41% of the total market in 2023. Hexagon AB was the largest competitor with a 5.31% share of the market, followed by Oracle Corporation with 4.93%, L3Harris Technologies Inc with 4.65%, Maxar Technologies Inc with 4.43%, ESRI (Environmental Systems Research Institute) with 4.00%, Trimble Inc with 3.32%, RMSI Private Limited with 1.36%, Planet Labs PBC with 1.30%, BAE Systems with 1.22% and Bentley Systems Inc with 0.91%.
The geospatial imagery analytics market is segmented by type into satellite imagery analysis, aerial imagery analysis, drone imagery analysis and multispectral and hyperspectral imagery analysis. The satellite imagery analysis market was the largest segment of the geospatial imagery analytics market segmented by type, accounting for 38.06% or $3.86 billion of the total in 2024. Going forward, the drone imagery analysis segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by type, at a CAGR of 34.39% during 2024-2029.
The geospatial imagery analytics market is segmented by geospatial technology include global positioning system (GPS), geographical information systems (GIS), remote sensing (RS) and unmanned aerial vehicles (UAVs). The geographical information systems (GIS) market was the largest segment of the geospatial imagery analytics market segmented by geospatial technology, accounting for 37.03% or $3.75 billion of the total in 2024. Going forward, the unmanned aerial vehicles (UAVs)segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by geospatial technology, at a CAGR of 38.22% during 2024-2029.
The geospatial imagery analytics market is segmented by deployment mode into cloud and on-premise. The cloud market was the largest segment of the geospatial imagery analytics market segmented by deployment mode, accounting for 60.07% or $6.09 billion of the total in 2024. Going forward, the cloud segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by deployment mode, at a CAGR of 29.25% during 2024-2029.
The geospatial imagery analytics market is segmented by organization size into large enterprises and small and medium-sized enterprises (SMEs). The large enterprises market was the largest segment of the geospatial imagery analytics market segmented by organization size, accounting for 64.66% or $6.56 billion of the total in 2024. Going forward, the small and medium-sized enterprises (SMEs)segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by organization size, at a CAGR of 29.21% during 2024-2029.
The geospatial imagery analytics market is segmented by end-user include agriculture, mining and manufacturing, defense and security, energy, utility, and natural resources, government, healthcare, insurance and other end users. The defense and security market was the largest segment of the geospatial imagery analytics market segmented by end-user, accounting for 24.59% or $2.49 billion of the total in 2024. Going forward, the agriculture segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by end-user, at a CAGR of 33.75% during 2024-2029.
The top opportunities in the geospatial imagery analytics market segmented by type will arise in the drone imagery analysis segment, which will gain $9.4 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by geospatial technology will arise in the geographical information systems (GIS) segment, which will gain $7.92 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by end-user will arise in the defense and security segment, which will gain $7.38 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by deployment mode will arise in the cloud segment, which will gain $15.89 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by organization size will arise in the large enterprises segment, which will gain $14.69 billions of global annual sales by 2029. The geospatial imagery analytics market size will gain the most in the USA at $5.87 billion.
Market-trend-based strategies for the geospatial imagery analytics market include focus on technological advancements in geospatial data analytics platforms, focus on advancing geospatial analytics with self-serve multi-sensor tools, focus on advancing geospatial intelligence with AI-powered software and focus on strategic collaborations driving growth in geospatial imagery analytics.
Player-adopted strategies in the geospatial imagery analytics market include focus on expanding business capabilities through innovative product launch to expand its operational capabilities.
To take advantage of the opportunities, the analyst recommends the geospatial imagery analytics focus on advancing integrated geospatial analytics platforms, focus on expanding user-driven multi-sensor analytics tools, focus on advancing geospatial production software platforms, focus on drone imagery analysis for accelerated growth, expand in emerging markets, continue to focus on developed markets, focus on expanding access through regional partnerships and localized integration, focus on tiered pricing models to capture diverse user segments, focus on building awareness through industry-specific digital content and partnerships, focus on direct engagement with decision-makers through events and demos, focus on tailored outreach to precision agriculture stakeholders.
The global geospatial imagery analytics market reached a value of nearly $10.14 billion in 2024, having grown at a compound annual growth rate (CAGR) of 27.23% since 2019. The market is expected to grow from $10.14 billion in 2024 to $34.18 billion in 2029 at a rate of 27.49%. The market is then expected to grow at a CAGR of 26.53% from 2029 and reach $110.86 billion in 2034.
Growth in the historic period resulted from the expansion of smart cities, rising investment in space technologies, growth in precision agriculture and growing demand for location-based services. Factors that negatively affected growth in the historic period were growth in precision agriculture and limited technological infrastructure.
Going forward, the deployment of 5G technology, growing number of internet of things (IoT) devices, rising demand in real estate & construction and government initiatives in geospatial programs will drive the growth. Factor that could hinder the growth of the geospatial imagery analytics market in the future include limited skilled workforce and high implementation costs.
North America was the largest region in the geospatial imagery analytics market, accounting for 33.62% or $3.41 billion of the total in 2024. It was followed by Asia-Pacific, Western Europe and then the other regions. Going forward, the fastest-growing regions in the geospatial imagery analytics market will be Asia-Pacific and South America where growth will be at CAGRs of 31.66% and 29.59% respectively. These will be followed by Eastern Europe and Africa where the markets are expected to grow at CAGRs of 28.83% and 27.80% respectively.
The global geospatial imagery analytics market is fairly concentrated, with large players operating in the market. The top ten competitors in the market made up to 31.41% of the total market in 2023. Hexagon AB was the largest competitor with a 5.31% share of the market, followed by Oracle Corporation with 4.93%, L3Harris Technologies Inc with 4.65%, Maxar Technologies Inc with 4.43%, ESRI (Environmental Systems Research Institute) with 4.00%, Trimble Inc with 3.32%, RMSI Private Limited with 1.36%, Planet Labs PBC with 1.30%, BAE Systems with 1.22% and Bentley Systems Inc with 0.91%.
The geospatial imagery analytics market is segmented by type into satellite imagery analysis, aerial imagery analysis, drone imagery analysis and multispectral and hyperspectral imagery analysis. The satellite imagery analysis market was the largest segment of the geospatial imagery analytics market segmented by type, accounting for 38.06% or $3.86 billion of the total in 2024. Going forward, the drone imagery analysis segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by type, at a CAGR of 34.39% during 2024-2029.
The geospatial imagery analytics market is segmented by geospatial technology include global positioning system (GPS), geographical information systems (GIS), remote sensing (RS) and unmanned aerial vehicles (UAVs). The geographical information systems (GIS) market was the largest segment of the geospatial imagery analytics market segmented by geospatial technology, accounting for 37.03% or $3.75 billion of the total in 2024. Going forward, the unmanned aerial vehicles (UAVs)segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by geospatial technology, at a CAGR of 38.22% during 2024-2029.
The geospatial imagery analytics market is segmented by deployment mode into cloud and on-premise. The cloud market was the largest segment of the geospatial imagery analytics market segmented by deployment mode, accounting for 60.07% or $6.09 billion of the total in 2024. Going forward, the cloud segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by deployment mode, at a CAGR of 29.25% during 2024-2029.
The geospatial imagery analytics market is segmented by organization size into large enterprises and small and medium-sized enterprises (SMEs). The large enterprises market was the largest segment of the geospatial imagery analytics market segmented by organization size, accounting for 64.66% or $6.56 billion of the total in 2024. Going forward, the small and medium-sized enterprises (SMEs)segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by organization size, at a CAGR of 29.21% during 2024-2029.
The geospatial imagery analytics market is segmented by end-user include agriculture, mining and manufacturing, defense and security, energy, utility, and natural resources, government, healthcare, insurance and other end users. The defense and security market was the largest segment of the geospatial imagery analytics market segmented by end-user, accounting for 24.59% or $2.49 billion of the total in 2024. Going forward, the agriculture segment is expected to be the fastest growing segment in the geospatial imagery analytics market segmented by end-user, at a CAGR of 33.75% during 2024-2029.
The top opportunities in the geospatial imagery analytics market segmented by type will arise in the drone imagery analysis segment, which will gain $9.4 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by geospatial technology will arise in the geographical information systems (GIS) segment, which will gain $7.92 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by end-user will arise in the defense and security segment, which will gain $7.38 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by deployment mode will arise in the cloud segment, which will gain $15.89 billions of global annual sales by 2029. The top opportunities in the geospatial imagery analytics market segmented by organization size will arise in the large enterprises segment, which will gain $14.69 billions of global annual sales by 2029. The geospatial imagery analytics market size will gain the most in the USA at $5.87 billion.
Market-trend-based strategies for the geospatial imagery analytics market include focus on technological advancements in geospatial data analytics platforms, focus on advancing geospatial analytics with self-serve multi-sensor tools, focus on advancing geospatial intelligence with AI-powered software and focus on strategic collaborations driving growth in geospatial imagery analytics.
Player-adopted strategies in the geospatial imagery analytics market include focus on expanding business capabilities through innovative product launch to expand its operational capabilities.
To take advantage of the opportunities, the analyst recommends the geospatial imagery analytics focus on advancing integrated geospatial analytics platforms, focus on expanding user-driven multi-sensor analytics tools, focus on advancing geospatial production software platforms, focus on drone imagery analysis for accelerated growth, expand in emerging markets, continue to focus on developed markets, focus on expanding access through regional partnerships and localized integration, focus on tiered pricing models to capture diverse user segments, focus on building awareness through industry-specific digital content and partnerships, focus on direct engagement with decision-makers through events and demos, focus on tailored outreach to precision agriculture stakeholders.
Executive Summary
Geospatial Imagery Analytics Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global geospatial imagery analytics market.Reasons to Purchase
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Description
Where is the largest and fastest-growing market for geospatial imagery analytics? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The geospatial imagery analytics market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider geospatial imagery analytics market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by type, by geospatial technology, by end user, by deployment mode and by organization size.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis and Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size and Growth - Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis - Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation - Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by type, by geospatial technology, by end user, by deployment mode and by organization size in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking - Briefs on the financials comparison between major players in the market.
- Competitive Dashboard - Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments - Information on recent developments in the market covered in the report.
- Market Opportunities and Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations - This section includes recommendations for geospatial imagery analytics providers in terms of product/service offerings geographic expansion, marketing strategies and target groups
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Type: Satellite Imagery Analysis; Aerial Imagery Analysis; Drone Imagery Analysis; Multispectral and Hyperspectral Imagery Analysis2) by Geospatial Technology: Global Positioning System (GPS); Geographical Information System (GIS; Remote Sensing (RS); Unmanned Aerial Vehicles (UAVs)
3) by End User: Agriculture; Mining and Manufacturing; Defense and Security; Energy Utilities and Natural Resources; Government; Healthcare; Insurance; Other End Users
4) by Deployment Mode: Cloud; on-Premises
5) by Organization Mode: Large Enterprises; Small - and Medium Enterprises
Key Companies Profiled: Hexagon AB; Oracle Corporation; L3Harris Technologies Inc.; Maxar Technologies; ESRI (Environmental Systems Research Institute)
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; geospatial imagery analytics indicators comparison.
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
The companies featured in this Geospatial Imagery Analytics market report include:- Hexagon AB
- Oracle Corporation
- L3Harris Technologies Inc.
- Maxar Technologies
- ESRI (Environmental Systems Research Institute)
- Trimble Inc.
- RMSI Private Limited
- Planet Labs PB
- BAE Systems
- Bentley Systems Inc.
- MapAI
- Digital Twin Victoria (DTV)
- Euclideon
- Ola Cabs
- GeoSpoc
- HyperVerge
- Nearmap
- Arlula
- Pixxel
- Esri Australia
- Spatial Vision
- Aerometrex
- MapmyIndia
- AidData
- SuperMap
- Beijing Space View Technology Co., Ltd.
- China Siwei Surveying and Mapping Technology Co., Ltd.
- Beijing Landview Mapping Information Technology Co., Ltd
- ChinaRS Geoinformatics Co., Ltd.
- Beijing Digital China Geosystems Co., Ltd.
- NEC Corporation
- Axelspace
- New Space Intelligence (NSI)
- Zenrin
- Institute for Q-shu Pioneers of Space, Inc.
- PASCO Corporation
- Kokusai Kogyo Co., Ltd.
- Japan Space Imaging Corporation
- Hitachi Solutions, Ltd.
- NEC Corporation
- Ursa Space Systems
- Satrec Initiative Co., Ltd.
- SI Analytics (SIA)
- Hanwha Systems
- Hyundai MnSoft
- SK Telecom
- Samsung SDS
- Safran
- Preligens
- Moody's Corporation
- Cape Analytics GmbH
- European Space Imaging (EUSI)
- Mytraffi
- Geoblink
- IGN FI
- Infoterra GmbH
- Telespazio
- Telespazio Ibérica
- Infoterra Ltd
- Singulair.io
- BlackBridge
- Deimos Imaging
- Geocento
- ICEYE
- SATIM
- Gisat
- KPGeo
- GISonLine
- Xegis
- Terrasigna
- Geodata Systems
- ScanEx
- Racurs
- Environmental Systems Research Institute Inc
- Orbital Insight Inc
- SkyWatch Space Applications Inc
- Geosite
- Locana LLC
- Planet Labs PBC
- Maxar Technologies Holdings Inc.
- L3Harris Technologies Inc.
- Google LLC
- Satellite Imaging Corporation
- Pitney Bowes Inc.
- Sparkgeo Consulting Inc.
- MDA CORPORATION LTD.
- Kongsberg Geospatial
- Satellogic S.A.
- ICEYE Oy
- Visiona Tecnologia Espacial S.A.
- Aeroterra S.A.
- Tecnogeo S.A.
- Space Imaging Middle East FZ LLC
- EDGE Group
- SpaceKnow Inc
- Bayanat.AI
- SpaceGuardian LLC
- AtkinsRéalis SA
- Bentley Systems Incorporated
- ELTA Systems Ltd.
- Orbital Africa
- Sambus Geospatial
- Africa Geospatial Solutions (AGS)
- Advanced Geospatial Solutions (AGS)
- Amini
- Geospatial Research International (GRI)
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 637 |
| Published | June 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 10.14 Billion |
| Forecasted Market Value ( USD | $ 110.86 Billion |
| Compound Annual Growth Rate | 27.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 107 |
