Aerial Imagery Market Witness 14.5% CAGR During Forecast 2024

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Aerial Imagery Market Analysis and Forecast
(2014 - 2024)
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Aerial Imagery Market
Industry Overview
The global aerial imagery market is anticipated
to reach USD 5.2 billion by 2024, at a CAGR of
14.5 during 2018-2024. Aerial imagery provides
enriched point of vision that further provides
amplified vision of larger areas from distant
angles that enables witnessing of surface of the
earth in an authenticated manner. The capability
of aerial imagery in order to provide improved
and sudden view of any surface specifically in
construction activities for instance for the
development of water-based and thermal project is
expected to bolster the demand for aerial imagery
market across the globe. Ability of this
technology to enable the business organizations
in monitoring and recording surface of the earth
that ultimately helps in freezing time and
advancing imaging resolutions is ultimately
creating huge momentum for the growth of the
market.
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Aerial Imagery Market
Growth Drivers
Increasing adoption of aerial imagery in several
areas such as surveillance and monitoring, energy
and resource management, geospatial, conservation
and research and disaster management is the major
factor driving the growth of aerial imagery
market. Moreover, frequent occurrence of natural
calamities across the globe such as floods, fire,
earthquakes, tornadoes and cyclones are
extensively revamping the usage of new imagery
solutions in order to visualize actual loss of
property and life. The global aerial imagery
market on the basis of type is segmented into
vertical, low oblique and high oblique. Among
these segments high oblique category is expected
to witness fastest growth of 15.3 during the
forecast period and the vertical imagery segment
is projected to generate revenue of USD 1.9
billion by 2024.
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Aerial Imagery Market
Geographic Overview
Geographically, North America is expected to
generate largest revenue of USD 841.8 million and
is also expected to witness the fastest CAGR of
15.5 during the forecast period in the market.
Increasing technological progressions that are
extensively used for charting oil gas plants,
sky rise buildings and dams are expected to
contribute towards the growth of the aerial
imagery market in this region. Moreover,
Asia-Pacific is expected to witness considerable
growth during the forecast period. The growth of
this market is attributed towards swelling demand
for monitoring and surveillance in order to
resist global threats. Explore Full Report
Description At https//www.vynzresearch.com/ict-m
edia/aerial-imagery-market
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Aerial Imagery Market
Competitive Insight
The key players are further focusing upon
technological advancements to develop novel
environment for aerial imagery. This is further
strengthening the market presence and position of
these organizations in the global market. Some of
the major players in the aerial imagery industry
are EagleView Technologies, Inc., Fugro N.V.,
Digital Aerial Solutions LLC, Google Inc., Kucera
International Inc., Blom ASA, Getmapping PLC,
Nearmap Ltd., High Eye Aerial Imaging Inc., and
NRC Group ASA
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Aerial Imagery Market
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