The capability of aerial imagery in order to provide an improved and sudden view of any surface specifically in construction activities for instance for the development of the water-based and thermal project is expected to bolster the demand for aerial imagery market across the globe.

The ability of this technology to enable the business organizations in monitoring and recording surface of the earth that ultimately helps in freezing time and advancing imaging resolutions is ultimately creating huge momentum for the growth of the market.

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The global aerial imagery market on the basis of type is segmented into vertical, low oblique and high oblique. Among these segments, the high oblique category is expected to witness the fastest growth of 15.3% during the forecast period and the vertical imagery segment is projected to generate revenue of USD 1.9 billion by 2024.

On the basis of application, the aerial imagery market is surveillance and monitoring, geospatial, conservation and research, construction and development, disaster management, exhibition and entertainment, and energy and resource management. Among these applications, surveillance and monitoring application account for the largest revenue in the market with more than 20% share in 2017.

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The key players are further focusing upon technological advancements to develop the novel environment for aerial imagery. This is further strengthening the market presence and position of these organizations in the global market. 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.

Source: VynZ Research