According to a new market report Aerial Imaging Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 – 2019, published by Transparency Market Research, the market for aerial imaging globally is forecast to reach USD 1,994.3 million by 2019.

According to the report, the market growth is driven by increased demand from applications such as natural resource management, and construction & development. Additionally, real estate, urban planning, and insurance are emerging as potential applications for aerial imagery and related services.

Globally, the aerial imaging market was valued at USD869.2 million in 2012, and is forecast to grow at 12.8% CAGR from 2013 – 2019.

Aerial imaging has been widely adopted across several end-use verticals such as commercial enterprises, and government, as well as civil engineering, industry, forestry & agriculture, and energy sectors, among others.

The highest revenue share was contributed by the government sector in 2012, which, together with commercial enterprises and forestry and agriculture, accounted for more than 50% of revenue share. Government organisations worldwide are progressively using aerial imagery and related services for numerous purposes, including homeland security, urban planning, energy sector management, and to monitor environmental changes.

You can view the full report at the Transparency Market Research website.