North America Region Witnessing the Highest Growth in Remote Sensing Services Market by 2022

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According to the new market research the report
"Remote Sensing Services Market by Platform
(Satellites, UAVs, Manned Aircraft, and Ground),
End User (Defense and Commercial), Resolution
(Spatial, Spectral, Radiometric, and Temporal),
and Region - Global Forecast to 2022", 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 of
15.14 during the forecast period. The
increasing use of remote sensing services in
defense and commercial applications is one of
the most significant factors driving
the growth of the remote sensing services market.
Furthermore, the introduction of Big Data
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 North America is
projected to account for the largest share of the
remote sensing services market in 2022 North
America is estimated to lead the remote sensing
services market in 2022. 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. 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
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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. 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/
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