The Defense Geospatial market report covers a detailed analysis on the technology used in the defense industry.
The defense geospatial market size was valued at $126.4 billion in 2022, and is estimated to reach $367.4 billion by 2032, growing at a CAGR of 11.4% from 2023 to 2032.โ
WILMINGTON, DE, UNITED STATES, January 4, 2025 /EINPresswire.com/ -- Allied Market Research published a report, titled, "Defense Geospatial System Market by technology (Geographic Information System, Global Positioning System, and Remote Sensing), by type (Surface Analysis, Network Analysis, and Geo Visualization), by application (Military Logistics, Intelligence Gathering, and Battlefield management): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the global defense geospatial system market was valued at $126.4 billion in 2022, and is projected to reach $367.40 billion by 2032, registering a CAGR of 11.4% from 2023 to 2032. โ Allied Market Research
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ - https://www.alliedmarketresearch.com/request-sample/14264
Geospatial technology is increasingly important in national security issues, as individuals working in the defense sector can benefit from data exchange. As social media and other platforms create massive amounts of data every second, government agencies may now utilize GIS as a tool to evaluate data and generate meaningful insights. Defense intelligence employs geographic information systems (GIS) to track important data on hotspots and establish preventive actions for future risks to national security and public safety.
Prime determinants of growth
The global defense geospatial system Market is driven by factors such as demand of reconnaissance, and surveillance, and Integration with other systems. However, high cost and lack of accessibility, and concern of data privacy and protection are hampering the growth of the defense geospatial system Market. On the contrary, AI combined with geospatial system, and use of AR and VR in defense Geospatial system is expected to offer remunerative opportunities for the expansion of the defense geospatial system market during the forecast period.
Segments Covered
Technology, Type, Application, and Region
Drivers
Demand of Reconnaissance, and surveillance
Integration with other systems
Opportunities
High Cost and lack of accessibility
Concern of Data Privacy and Protection
Restraints
AI combined with geospatial system
Use of AR and VR in defense Geospatial system
Impact of Russia-Ukraine war
Many geospatial system providers offered their services to the Ukraine in the Russia-Ukraine war. For instance, on March 1, 2022, Ukraine's Ministry of Digital Transformation requested synthetic-aperture radar (SAR) data from worldwide remote sensing enterprises and organizations to support the Ukrainian Armed Forces. SAR technology is a type of earth observation (EO) data that is very important in wartime since it can penetrate cloud cover and give imagery in a variety of weather conditions. The demand from Ukraine helps the technology to market itself in the defense geospatial market.
The pandemic led to increase demand for defense geospatial system market, as most of the European countries are looking to enhance their geospatial system due to the Russia-Ukraine war.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ - https://www.alliedmarketresearch.com/defense-geospatial-market/purchase-options
The Remote Sensing segment to maintain its leadership status throughout the forecast period
Based on technology, the remote sensing segment held the highest market share in 2022, accounting for nearly two-fifths of the global defense geospatial system market revenue and is estimated to maintain its leadership status throughout the forecast period. Remote sensing plays a vital role in defense geospatial applications since they are used for variety of operations including surveillance and reconnaissance. There are several market developments, as well as emerging technologies developed by manufacturers and brought to modern geospatial systems. However, the global positioning system (GPS) segment would cite the fastest CAGR of 12.2% from 2023 to 2032.
The surface analysis segment to maintain its leadership status throughout the forecast period
Based on type, the surface analysis segment held the highest market share in 2022, accounting for more than two-fifths of the global defense geospatial system market revenue and is estimated to maintain its leadership status throughout the forecast period. Geospatial surface analysis assists military forces in assessing the terrain, comprehending the physical environment, and making strategic and tactical decisions. It is also used to map the underwater surface, as in July 2022. Such developments have been creating opportunities for the private players operating in the defense geospatial system market. The network analysis segment, on the other hand, is estimated to showcase the notable CAGR of12.8% during the forecast period.
The intelligence gathering segment to maintain its leadership status throughout the forecast period
Based on application, the intelligence gathering segment held the highest market share in 2022, accounting for nearly two-fifths of the global defense geospatial system market revenue and is estimated to maintain its leadership status throughout the forecast period. The same segment is projected to cite the fastest CAGR of 12.0% from 2023 to 2032. Various countries have dedicated surveillance and intelligence collection services. The National Geospatial-Intelligence Agency (NGA) and the National Reconnaissance Office (NRO), for example, are two departments that support US intelligence. NGO collects and analyses geospatial information before disseminating it to other government agencies such as the military forces and law enforcement, whereas NRO gets essential information using satellites and meets its primary aim of acquiring imagery. NRO supports the US intelligence services in carrying out activities.
North America held the highest market share in 2022
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for more than one-third of the global defense geospatial system market revenue, however LAMEA region and is estimated to gain market domination in the forecasting period with growing CAGR of 13.2%. The domination of North America region is due to the presence of major geospatial companies in the region. Whereas in LAMEA region defense geospatial technology is widely used in military planning, surveillance, and information gathering. One of the prime examples is Israel's IDF or Israel defense forces which utilizes IDF collects data using signal intelligence, geographical intelligence, and visual intelligence among the others.
Leading Market Players: -
Airbus
BlackSky
NV5 Global, Inc.
Hexagon AB
Environmental Systems Research Institute, Inc. (ESRI)
Trimble Inc.
Maxar Technologies ON Semiconductors
MapLarge
Orbital Insight
TerraGo
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/14264
The report provides a detailed analysis of these key players of the global defense geospatial market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ ๐๐๐ฏ๐ ๐จ๐ง ๐๐๐ซ๐จ๐ฌ๐๐ฉ๐๐ ๐๐ง๐ ๐๐๐๐๐ง๐๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:
๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐ง๐ ๐ข๐ง๐ ๐ ๐จ๐ซ๐ ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aircraft-engine-forging-market-A265218
๐๐ข๐ซ๐๐ซ๐๐๐ญ ๐๐๐ง๐ฌ๐จ๐ซ๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/aircraft-sensors-market-A06225
๐๐ฎ๐๐ฅ๐ข๐ ๐๐๐๐๐ญ๐ฒ ๐๐ซ๐จ๐ง๐๐ฌ ๐๐๐ซ๐ค๐๐ญ https://www.alliedmarketresearch.com/public-safety-drones-market-A10140
Davin Correa
Allied Market Research
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