Industry Background:
Digital Elevation Model (DEM) is the digital representation of the land surface elevation with respect to any reference datum. It is frequently used to refer to any digital representation of a topographic surface. DEMs are used to determine terrain attributes such as elevation at any point, slope, and aspect. It is widely used in hydrologic and geologic analyses, hazard monitoring, natural resources exploration, agricultural management, etc. The rising demand for 3D-based DEM with various GIS technologies are boosting the market growth.This growth is primarily driven by Rapid Growth in Planning and Construction for Developing Areas
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The IT Consulting & Other Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as TomTom International N.V. (Netherlands), Harris MapMart (United States), LAND INFO Worldwide Mapping, LLC (United States), CompassData, Inc. (United States), DHI GRAS A/S (Denmark), Telespazio SPA (Italy), Apollo Mapping (United States), CATUAV S.L (Spain), VRICON (United States), PASCO Corporation (Japan), NIRAS A/S (Denmark) and Imprivata, Inc. (Denmark), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In October 2021, Airbus Defence and Space has launched WorldDEM Neo, its new global Digital Elevation Model, offering up-dated and more precise 3D dataset of the entire Earth’s landmass to serve a wide range of applications, from mapping to flight simulation.The global digital elevation model market is highly competitive and consists of a limited number of vendors who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant risk factors for digital elevation model market growth. To gain a competitive edge in the market, the providers need to develop innovative technologies and stay updated with the emerging technologies that could influence their products/services.
Influencing Trend:
Use of Advanced Technology In Military & Defense Applications
Market Growth Drivers:
Rapid Growth in Planning and Construction for Developing Areas and Need of to-scale Digital Terrain for Training, Simulation, and Gaming
Challenges:
High Initial Investment and Precision Issues
Restraints:
A Lack Of Information In Flat Areas
Opportunities:
Rapid Urbanization & Paradigm Shift Of Telecom Industry Towards 5G Networks and Growing Adoption for Monitoring Sea Level in Coastal Areas
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Digital Elevation Model Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Digital Elevation Model Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Digital Elevation Model players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Digital Elevation Model Study Sheds Light on
The Digital Elevation Model Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Digital Elevation Model industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Digital Elevation Model industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.