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Global Remote Sensing Software Market: By Component: Software, Service; By Deployment Model: On-Premises, Cloud; By Type: Web Based, Mobile; By Application: Ground Based, Others; By End-User; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Remote Sensing Software Market Outlook

The global remote sensing software market attained a value of about USD 1.3 billion in 2021. The market is further expected to grow in the forecast period of 2022-2027 at a CAGR of 13.36% to reach nearly USD 2.7 billion by 2027.

 

Rising Use of Remote Sensing Software in the Agriculture Sector Augmenting the Market Growth

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.

 

Remote Sensing Software: Industry Definition and Segmentation

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.

The major components of remote sensing software are:

  • Software
  • Service

The market can be broadly categorised on the basis of its deployment models into:

  • On-Premises
  • Cloud

Based on type, the market is bifurcated into:

  • Web Based
  • Mobile

By applications, the industry is divided into:

  • Ground Based
  • Satellite
  • Airborne

The market, based on end-users, is classified into:

  • Defence
  • Commercial

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.

 

Growing Deployment of Remote Sensing Software in the Healthcare Industry to Fuel the Market Growth

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.

 

Key Industry Players in the Global Remote Sensing Software Market

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:

  • Hexagon AB
  • BAE Systems plc
  • Harris Geospatial Solutions, Inc.
  • Merrick & Company
  • Textron Systems
  • Others

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.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Remote Sensing Software Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Remote Sensing Software Historical Market (2017-2021) 
    8.3    Global Remote Sensing Software Market Forecast (2022-2027)
    8.4    Global Remote Sensing Software Market by Component
        8.4.1    Software
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Service
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Remote Sensing Software Market by Deployment Model
        8.5.1    On-Premises
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Cloud
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Remote Sensing Software Market by Type
        8.6.1    Web Based
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Mobile
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Remote Sensing Software Market by Application
        8.7.1    Ground Based
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Satellite
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
        8.7.3    Airborne
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2017-2021)
            8.7.3.3    Forecast Trend (2022-2027)
    8.8    Global Remote Sensing Software Market by End-User
        8.8.1    Defence
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2017-2021)
            8.8.1.3    Forecast Trend (2022-2027)
            8.8.1.4    Breakup by Type
                8.8.1.4.1    Defence Organisations
                    8.8.1.4.1.1    Market Share
                    8.8.1.4.1.2    Historical Trend (2017-2021)
                    8.8.1.4.1.3    Forecast Trend (2022-2027)
                8.8.1.4.2    Homeland Security
                    8.8.1.4.2.1    Market Share
                    8.8.1.4.2.2    Historical Trend (2017-2021)
                    8.8.1.4.2.3    Forecast Trend (2022-2027)
        8.8.2    Commercial
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2017-2021)
            8.8.2.3    Forecast Trend (2022-2027)
            8.8.2.4    Breakup by Type
                8.8.2.4.1    Energy and Power
                    8.8.2.4.1.1    Market Share
                    8.8.2.4.1.2    Historical Trend (2017-2021)
                    8.8.2.4.1.3    Forecast Trend (2022-2027)
                8.8.2.4.2    Agriculture
                    8.8.2.4.2.1    Market Share
                    8.8.2.4.2.2    Historical Trend (2017-2021)
                    8.8.2.4.2.3    Forecast Trend (2022-2027)
                8.8.2.4.3    Healthcare
                    8.8.2.4.3.1    Market Share
                    8.8.2.4.3.2    Historical Trend (2017-2021)
                    8.8.2.4.3.3    Forecast Trend (2022-2027)
                8.8.2.4.4    Scientific Research
                    8.8.2.4.4.1    Market Share
                    8.8.2.4.4.2    Historical Trend (2017-2021)
                    8.8.2.4.4.3    Forecast Trend (2022-2027)
                8.8.2.4.5    Weather Forecasting
                    8.8.2.4.5.1    Market Share
                    8.8.2.4.5.2    Historical Trend (2017-2021)
                    8.8.2.4.5.3    Forecast Trend (2022-2027)
                8.8.2.4.6    Others
    8.9    Global Remote Sensing Software Market by Region
        8.9.1    Market Share
            8.9.1.1    North America
            8.9.1.2    Europe
            8.9.1.3    Asia Pacific
            8.9.1.4    Latin America
            8.9.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Hexagon AB
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    BAE Systems plc
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Harris Geospatial Solutions, Inc.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Merrick & Company
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Textron Systems
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirement and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Figures and Tables

1.    Global Remote Sensing Software Market: Key Industry Highlights, 2017 and 2027
2.    Global Remote Sensing Software Historical Market: Breakup by Component (USD Million), 2017-2021
3.    Global Remote Sensing Software Market Forecast: Breakup by Component (USD Million), 2022-2027
4.    Global Remote Sensing Software Historical Market: Breakup by Deployment Model (USD Million), 2017-2021
5.    Global Remote Sensing Software Market Forecast: Breakup by Deployment Model (USD Million), 2022-2027
6.    Global Remote Sensing Software Historical Market: Breakup by Type (USD Million), 2017-2021
7.    Global Remote Sensing Software Market Forecast: Breakup by Type (USD Million), 2022-2027
8.    Global Remote Sensing Software Historical Market: Breakup by Application (USD Million), 2017-2021
9.    Global Remote Sensing Software Market Forecast: Breakup by Application (USD Million), 2022-2027
10.    Global Remote Sensing Software Historical Market: Breakup by End-User (USD Million), 2017-2021
11.    Global Remote Sensing Software Market Forecast: Breakup by End-User (USD Million), 2022-2027
12.    Global Remote Sensing Software Historical Market: Breakup by Region (USD Million), 2017-2021
13.    Global Remote Sensing Software Market Forecast: Breakup by Region (USD Million), 2022-2027
14.    North America Remote Sensing Software Historical Market: Breakup by Country (USD Million), 2017-2021
15.    North America Remote Sensing Software Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Europe Remote Sensing Software Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Europe Remote Sensing Software Market Forecast: Breakup by Country (USD Million), 2022-2027
18.    Asia Pacific Remote Sensing Software Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Asia Pacific Remote Sensing Software Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Latin America Remote Sensing Software Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Latin America Remote Sensing Software Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Middle East and Africa Remote Sensing Software Historical Market: Breakup by Country (USD Million), 2017-2021
23.    Middle East and Africa Remote Sensing Software Market Forecast: Breakup by Country (USD Million), 2022-2027
24.    Global Remote Sensing Software Market Structure

Key Questions Answered in the Report

In 2021, the global remote sensing software market attained a value of nearly USD 1.3 billion.

The market is projected to grow at a CAGR of 13.36% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 2.7 billion by 2027.

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.

Analyst Review

The global remote sensing software market attained a value of nearly USD 1.3 billion in 2021, driven by the rising use of remote sensing software in the agriculture industry. Aided by the growing trend of home healthcare, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 13.36%. The market is projected to reach about USD 2.7 billion by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its components, the remote sensing software industry can be segmented into software and service. By deployment models, the market is bifurcated into on-premises and cloud. On the basis of types, the industry is divided into web based and mobile. Based on application, the market is divided into ground based, satellite, and airborne. By end-user, the market is segmented into defence and commercial. The major regional markets for remote sensing software are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Hexagon AB, BAE Systems plc, Harris Geospatial Solutions, Inc., Merrick & Company, and Textron Systems, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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