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Artificial Intelligence (AI) For Earth Monitoring Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for artificial intelligence (AI) used in earth monitoring has seen rapid and exponential growth in recent years. The market value will escalate from $2.94 billion in 2024 to $3.56 billion in 2025, growing at a Compound Annual Growth Rate (CAGR) of 20.9%. This significant growth during the historic period can be traced back to factors such as the increased accessibility of satellite data, a rising consciousness about environmental issues, government-led initiatives and regulations, advancements in high-resolution sensor technology, substantial funding and investment in the environmental technology sector, and strategic partnerships between technology firms and environmental entities.
Artificial Intelligence (AI) For Earth Monitoring Market Size Forecast: What’s the Projected Valuation by 2029?
It is projected that the market size of artificial intelligence (AI) for earth monitoring will witness tremendous growth in the upcoming years, reaching $7.5 billion in 2029 with a compound annual growth rate (CAGR) of 20.5%. Factors contributing to this surge during the forecast period include mounting anxiety around climate change, rising incidence of natural calamities, advancements in machine learning technology, expansion of international satellite networks, surging urbanization and industrialization, intensified focus on sustainability, and improved data integration functions. Noteworthy trends for the forecast period encompass the merger of AI with the Internet of Things (IoT), the progression of sophisticated computer vision, the arrival of AI-powered predictive analytics, the evolution of cloud-based AI solutions, the adoption of real-time data processing, improved collaboration platforms for data exchange, and focus on bespoke AI solutions.
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What Are the Drivers Transforming the Artificial Intelligence (AI) For Earth Monitoring Market?
Growth in the application of artificial intelligence (AI) within the earth monitoring market is predicted to be driven by escalating worries related to climate change, deforestation, and pollution. These environmental problems pose significant threats to the wellbeing and equilibrium of the natural environment. The past years have seen these issues receive increased attention due to factors such as heightened consciousness about their effects, empirical scientific data, and noticeable shifts in the environment. Artificial intelligence (AI) is used in earth monitoring to analyze ecological data, follow changes, and take steps to alleviate climate impact. For example, the World Resources Institute, an American organization committed to environmental and sustainability issues, charted a 24% increase in worldwide tree cover loss in 2023, a rise from 22.8 million hectares in 2022 to 28.3 million hectares in April 2024. Also, the International Energy Agency (IEA), an independent intergovernmental organization based in France, found in February 2024 that global energy-related carbon dioxide (CO2) emissions went up by 1.1%, equal to 410 million metric tons (Mt CO2) in 2023. Hence, the expanding worries about climate change, deforestation, and pollution are leading mandates for artificial intelligence (AI) in the earth monitoring market.
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What Long-Term Trends Will Define the Future of the Artificial Intelligence (AI) For Earth Monitoring Market?
Leading firms in the AI for Earth monitoring market are progressing their initiatives towards futuristic AI solutions to increase the precision and efficacy of environmental monitoring, assist in informed sustainability choices, estimate and interpret changes in climate and land usage, and aid in efficient disaster management and infrastructure planning. These innovative AI solutions entail the use of AI to generate new content or frameworks from pre-existing data, thereby facilitating the formation of practical and inventive results based on input data patterns. For instance, in January 2024, a UK-based professional services firm, Deloitte Touche Tohmatsu Limited, introduced a novel geospatial and AI platform for monitoring and scenario planning powered by Google Earth Engine and Vertex AI. This innovative platform amalgamates advanced geospatial data and AI technologies to assist clients in boosting their sustainability initiatives and climate action strategies. It provides tools for enhanced urban planning, disaster management, and infrastructure growth by utilizing AI for visualizing data related to land use and environmental impacts. It offers insights for the optimization of sustainable outcomes and facilitates financial modeling for sustainable investments.
Which Segments in the Artificial Intelligence (AI) For Earth Monitoring Market Offer the Most Profit Potential?
The artificial intelligence (AI) for earth monitoring market covered in this report is segmented –
1) By Technology: Machine Learning, Natural Language Processing, Computer Vision, Other Technologies
2) By Application: Atmosphere Monitoring, Land Monitoring, Marine Monitoring, Climate Monitoring, Other Applications
3) By End User: Government And Public Sector, Private Sector, Research And Academia
Subsegments:
1) By Machine Learning: Supervised Learning, Unsupervised Learning, Reinforcement Learning, Deep Learning, Neural Networks, Predictive Analytics For Climate And Environmental Changes
2) By Natural Language Processing (NLP): Text Analysis and Mining, Speech Recognition For Earth Monitoring Systems, Sentiment Analysis For Environmental Feedback, Chatbots For Real-time Monitoring and Alerts
3) By Computer Vision: Satellite Image Analysis, Object Detection And Classification, Remote Sensing, Land Use And Land Cover Mapping, Change Detection In Environmental Features
4) By Other Technologies: Robotic Process Automation (RPA) For Environmental Data Collection, Edge Computing For Real-Time Data Processing, AI-Driven Geospatial Data Analytics, IoT Integration For Earth Monitoring (AI-powered sensors and devices).
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Which Firms Dominate the Artificial Intelligence (AI) For Earth Monitoring Market by Market Share and Revenue in 2025?
Major companies operating in the artificial intelligence (AI) for earth monitoring market are Google LLC, Microsoft Corporation, Airbus SE, International Business Machines Corporation (IBM), L3Harris Technologies Inc., EagleView Technologies Inc, Planet Labs Inc, Satellite Applications Catapult Ltd, Spire Global Inc, BlackSky Global Inc, Orbital Insight Inc, Tomorrow.io Inc., SatSure AG, Synspective Inc., Kayrros SAS, Orbital Sidekick Inc., Ursa Space Systems Inc, Satellogic Inc, Earth-I Ltd., Climavision Analytics LLC, Sentinel Hub Ltd
Which Regions Offer the Highest Growth Potential in the Artificial Intelligence (AI) For Earth Monitoring Market?
North America was the largest region in the artificial intelligence (AI) for earth monitoring market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence (AI) for earth monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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