Imagery Analytics Market Outlook (2022 to 2032)
The imagery analytics market is estimated to be valued at US$ 9,877.0 million in 2022, increasing at a CAGR of 21.5% to be valued at US$ 68,998.0 million by 2032. Between 2016 and 2021, the image recognition market grew at a 19.2% CAGR. The emergence of Imagery Analytics technology, as well as increased rivalry, are essential drivers supporting the expansion of this market.
Numerous companies that provide imagery analytics solutions employ computer learning skills, big data cloud hosting services, and mergers and partnerships to combine imaging cloud data with analytical data for advanced analytics. Various imaging analytics systems employ data mining and machine learning in their image analysis applications.