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Global Remote Sensing Software Market to Reach US$ 2.92 Billion by 2027, Catalyzed by Increasing Applications Across Various Industries

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Remote Sensing Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview: 

The global remote sensing software market reached a value of US$ 1.46 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.92 Billion by 2027, exhibiting a CAGR of 11.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Remote sensing software is an application utilized for processing and monitoring remotely sensed data to extract geographic information through satellite sensor intelligence and airborne sensor data. It is extensively used for weather forecasting, natural hazard study, resource exploration, land-use mapping, and environment study. Remote sensing software operates by acquiring information over large spatial areas and supervising the constant changes in that specific region to fuel the decision-making process. At present, remote sensing software is commercially available in two varying deployment models, including on-premises and cloud. 

 

 
 

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Remote Sensing Software Market Trends:

The widespread adoption of remote sensing software in various industrial verticals, such as healthcare, commercial, military, and defense, for instantly interpreting data and forecasting natural hazards represents the key factor primarily driving the market growth. Additionally, the increasing requirement for geographic imaging, remote sensing, and global positioning system (GPS) satellite surveying for processing excessive geospatial data is propelling the market growth. In line with this, the introduction of web-based management applications for resolving various limitations related to the installation of image processing software packages and geographic information systems (GIS) is contributing to the market growth. Moreover, the escalating utilization of remote sensing software in the agricultural sector for equipping farmers with information related to climatic variables, crop health, and quality is another growth-inducing factor. Besides this, the growing investments and fundings in intelligent surveillance and reconnaissance (ISR) payloads and satellite communication is positively influencing the market growth. Other than this, manufacturers are offering advanced remote sensing technology, which, in turn, is creating a positive outlook for the market across the globe. Other factors, such as extensive research and development (R&D) activities, is driving the market toward growth further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global remote sensing software market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, deployment mode, application and end user.

Breakup by Component:

  • Software
  • Services
     

Breakup by Deployment Mode:

  • On-premises
  • Cloud-based
     

Breakup by Application:

 

 
 

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  • Ground
  • Satellite
  • Airborne
     

Breakup by End User:

  • Defense
  • Commercial
     

Breakup by Region:

 

 
 

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  • 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being BAE Systems plc, EOS Data Analytics Inc., Esri, Hexagon AB, L3Harris Technologies Inc., Merrick & Company, PCI Geomatics, Textron Systems (Textron Inc.) and Trimble Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Component, Deployment Mode, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered BAE Systems plc, EOS Data Analytics Inc., Esri, Hexagon AB, L3Harris Technologies Inc., Merrick & Company, PCI Geomatics, Textron Systems (Textron Inc.) and Trimble Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Remote Sensing Software Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Software
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Services
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Deployment Mode
    7.1    On-premises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cloud-based
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Ground
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Satellite
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Airborne
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by End User
    9.1    Defense
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Commercial
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    BAE Systems plc
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    EOS Data Analytics Inc.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Esri
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 SWOT Analysis
        15.3.4   Hexagon AB
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    L3Harris Technologies Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
        15.3.6    Merrick & Company
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    PCI Geomatics
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Textron Systems (Textron Inc.)
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Trimble Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis

List of Figures

Figure 1: Global: Remote Sensing Software Market: Major Drivers and Challenges
Figure 2: Global: Remote Sensing Software Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Remote Sensing Software Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Remote Sensing Software Market: Breakup by Component (in %), 2021
Figure 5: Global: Remote Sensing Software Market: Breakup by Deployment Mode (in %), 2021
Figure 6: Global: Remote Sensing Software Market: Breakup by Application (in %), 2021
Figure 7: Global: Remote Sensing Software Market: Breakup by End User (in %), 2021
Figure 8: Global: Remote Sensing Software Market: Breakup by Region (in %), 2021
Figure 9: Global: Remote Sensing Software (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Remote Sensing Software (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Remote Sensing Software (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Remote Sensing Software (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Remote Sensing Software (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Remote Sensing Software (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Remote Sensing Software (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Remote Sensing Software (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Remote Sensing Software (Ground) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Remote Sensing Software (Ground) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Remote Sensing Software (Satellite) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Remote Sensing Software (Satellite) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Remote Sensing Software (Airborne) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Remote Sensing Software (Airborne) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Remote Sensing Software (Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Remote Sensing Software (Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Remote Sensing Software (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Remote Sensing Software (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: North America: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: North America: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: United States: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: United States: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Canada: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Canada: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Asia-Pacific: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Asia-Pacific: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: China: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: China: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Japan: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Japan: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: India: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: India: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: South Korea: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: South Korea: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Australia: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Australia: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Indonesia: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Indonesia: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Others: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Others: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Europe: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Europe: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Germany: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Germany: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: France: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: France: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: United Kingdom: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: United Kingdom: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Italy: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Italy: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Spain: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Spain: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Russia: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Russia: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Latin America: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Latin America: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Brazil: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Brazil: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Mexico: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Mexico: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Others: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Others: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Middle East and Africa: Remote Sensing Software Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Middle East and Africa: Remote Sensing Software Market: Breakup by Country (in %), 2021
Figure 75: Middle East and Africa: Remote Sensing Software Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Global: Remote Sensing Software Industry: SWOT Analysis
Figure 77: Global: Remote Sensing Software Industry: Value Chain Analysis
Figure 78: Global: Remote Sensing Software Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Remote Sensing Software Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Remote Sensing Software Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Remote Sensing Software Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 4: Global: Remote Sensing Software Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Remote Sensing Software Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Remote Sensing Software Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Remote Sensing Software Market: Competitive Structure
Table 8: Global: Remote Sensing Software Market: Key Players


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Key Questions Answered in This Report

The global remote sensing software market was valued at US$ 1.46 Billion in 2021.

We expect the global remote sensing software market to exhibit a CAGR of 11.80% during 2022-2027.

The rising adoption of remote sensing software across numerous industries, such as healthcare,
commercial, military, etc., to instantly interpret the data and forecast natural hazards is primarily driving
the global remote sensing software market.

The sudden outbreak of the COVID-19 pandemic has led to increasing demand for remote sensing
software as it enables epidemiologists to map the coronavirus infection against different parameters,
such as demographics, geographies, environment, etc., to understand its spread pattern and intensity.

Based on the component, the global remote sensing software market has been segmented into software
and services. Currently, software holds the majority of the total market share.

Based on the deployment mode, the global remote sensing software market can be divided into on-
premises and cloud-based, where on-premises deployment currently exhibits a clear dominance in the
market.

Based on the application, the global remote sensing software market has been categorized into ground,
satellite, and airborne. Among these, ground accounts for the majority of the global market share.

Based on the end user, the global remote sensing software market can be segregated into defense and
commercial. Currently, the defense sector holds the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global remote sensing software market include BAE Systems plc, EOS
Data Analytics Inc., Esri, Hexagon AB, L3Harris Technologies Inc., Merrick & Company, PCI Geomatics,
Textron Systems (Textron Inc.), and Trimble Inc.

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