Technological Innovations Enhancing Geospatial Imagery Analytics Solutions Technological innovations in geospatial imagery analytics solutions are widening their application base. The integration of artificial intelligence (AI) and big data in these analytics solutions for an efficient and faster analysis of data has led to the delivery of meaningful insights about the happenings on the earth, in less time. The need for the extraction of meaningful data and classification of its large volumes has led to the widescale adoption of these solutions in the healthcare, defense, retail and e-commerce, disaster management, and banking, financial services, and insurance (BFSI) sectors. Moreover, the soaring demand for geospatial analytics solutions from business organizations to ensure demographic and geospatial support for their investment plans is driving the market growth. Firms are utilizing these solutions to design their business strategies, to stay ahead in the competition. Due to this factor, the revenue of the geospatial imagery analytics market is on path to increasing from $3,196.2 million in 2017 to $14,687.9 million in 2023, demonstrating a 28.7% CAGR during the forecast period (2018–2023). Currently, an increasing number of nano and small satellites are being launched by numerous countries to offer an array of services to the public, including TV channels and weather updates. These satellites are smaller and lighter than the traditional satellites, usually less than 500 kg, and therefore, easier to launch. Organizations such as the National Aeronautics and Space Administration (NASA) and Space Exploration Technologies Corp. are investing heavily in these satellites because they offer frequent, quicker, low-cost, and broader access to space. Read More: https://www.psmarketresearch.com/market-analysis/geospatial-imagery-analytics-market