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The global remote sensing software market attained a value of about USD 1.67 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 13.36% to reach nearly USD 5.05 billion by 2032.
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The exponential rise in the global population is surging the adoption of various innovative approaches to increase the overall agricultural production. As food production in the agricultural sector is extensively dependent on climatic variables, physical landscapes, and agricultural management practices, remote sensing software is increasingly deployed to monitor agricultural fields. Moreover, the software also provides valuable insights into water management, crop health and quality, and soil quality to enable farmers to adopt innovative methods to boost the yield. With the rising availability of advanced remote sensing software offering high resolution, its application is surging in irrigation, pest, and disease management as well as yield prediction, which is providing further impetus to the growth of the market.
The rising demand for remote sensing software in weather forecasting is driving the growth of the market. The advent of next-generation space platforms is enhancing the data of remote sensing, which is also surging the deployment of remote sensing software for weather forecasting and propelling the market growth. As the concerns regarding rapid climate change are surging, remote sensing software is increasingly used to understand data observations for precise weather predictions, thereby fuelling the industry growth. In addition, advancements in image processing methods to boost the quality of satellite imagery is anticipated to augment the market for remote sensing software in the coming years.
A remote sensing software is a solution that processes remote sensing data to generate geographic information from airborne and satellite sensor data. It collects information over large spatial areas and monitors the change of such areas to boost the decision-making process. Remote sensing software is extensively used in military and defence applications.
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The major components of remote sensing software are:
The market can be broadly categorised on the basis of its deployment models into:
Based on type, the market is bifurcated into:
By applications, the industry is divided into:
The market, based on end-users, is classified into:
The defence segment is further divided into defence organisations and homeland security. Furthermore, the commercial segment is segmented into energy and power, agriculture, healthcare, scientific research, and weather forecasting, among others.
The EMR report looks into the regional markets of remote sensing software like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing use of remote sensing software in the healthcare sector to boost patients’ experience as well as the quality of care is fuelling the growth of the market. With the growing demand to provide quality healthcare, remote sensing software is deployed to enhance remote surveillance of patients, thereby augmenting the industry growth. The rising trend of home healthcare, especially in the wake of the COVID-19 pandemic, is further surging the requirement of remote surveillance, which is augmenting the market for remote sensing software.
The growing prevalence of chronic health-related issues, such as cancer, hyperthermia, and diabetes, among others, is increasing the deployment of remote sensing software to identify health trends. This is aiding healthcare professionals to implement suitable preventive and treatment strategies, hence driving the growth of the remote sensing software industry. Moreover, remote sensing software is increasingly leveraged in public health research activities to analyse the threat and emergence of vector-borne diseases like malaria and dengue, among others. This, in turn, is significantly increasing the demand for remote sensing software in developing countries, which is predicted to strengthen the market growth in the forecast period.
The report presents a detailed analysis of the following key players in the global remote sensing software market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Component |
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| Breakup by Deployment Model |
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| Breakup by Type |
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| Breakup by Application |
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| Breakup by End-User |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global remote sensing software market attained a value of nearly USD 1.67 billion.
The market is projected to grow at a CAGR of 13.36% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 5.05 billion by 2032.
The market is being aided by the growing use of remote sensing software in the agriculture industry and the growing deployment of remote sensing software in weather forecasting.
The industry is expected to be driven by the growing use of remote sensing software in the healthcare sector, the growing trend of home healthcare, and the increasing prevalence of chronic health-related issues.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major components of remote sensing software in the industry are software and service.
The different deployment models of remote sensing software are on-premises and cloud.
The various types of remote sensing software are web based and mobile.
The major applications segments of remote sensing software are ground based, satellite, and airborne.
The significant end-users in the market are defence and commercial.
The major players in the industry are Hexagon AB, BAE Systems plc, Harris Geospatial Solutions, Inc., Merrick & Company, and Textron Systems, among others.
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+61-448-061-727
India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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