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

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

Report Format: PDF+Excel | Report ID: SR112023A5280
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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 growth rate (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)

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