Global Aerial Imagery Market www.vynzresearch.com
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Industry Overview The global aerial imagery market is anticipated to reach USD 5.2 billion by 2023, at a CAGR of 14.5% during 2018-2024. The high growth of this market is attributed towards the ability of aerial imagery to provide sudden view that is primarily used in construction activities such as development of thermal or water-based project. Moreover, improved vision point that helps in providing augmented view from distant angles of larger area in order to witness surface of earth in more authentic manner is the major factor driving the growth of the market. Explore Full Report Description at: https:// www.vynzresearch.com/ict-media/aerial-imagery-market
market segmentation  On the basis of type, the aerial imagery market is segmented into vertical, low oblique and high oblique. Among these segments high oblique category is expected to witness fastest growth of 15.3% CAGR during the forecast period and the vertical imagery segment is projected to generate revenue of USD 1.9 billion by 2024.
Geographic Overview  Geographically, North America accounted for the 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. The region is the largest market owing to increasing technological advancement in mapping of sky rise buildings, oil & gas plants and dams. Additionally, increasing investment in smart city regions and expansion in urbanization is expected to further bolster the growth of aerial imagery market in North America. Moreover, AsiaPacific is expected to witness considerable growth during the forecast period due to increasing demand for surveillance and monitoring in order to resist global threats.
Competition among key players  The aerial imagery market is observing acquisitions by the key players, also there are companies that are increasing their market share by technological advancements and new product development. 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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