Seismic Survey Global Market Report 2023 – By Type (Reflection, Refraction, Surface-Wave), By Service Type (Data Interpretation, Data Processing, Data Acquisition), By Deployment (Offshore, Onshore), By Technology (2D Imaging, 3D Imaging, 4D Imaging), By Application (Oil And Gas, Geological Exploration, Mining, Other Applications) – Market Size, Trends, And Global Forecast 2023-2032

Geophysical data sales are used to obtain quick access to seismic data, cutting-edge data center services, and robust networks, and to collect or evaluate core samples or cuttings. Geophysical data can help locate hydrocarbons, minerals, aggregate, and other natural resources. The main types of geophysical data sales are aerial-based surveys and land-based surveys. An aerial-based survey is a means of collecting geodetic or other imagery using airplanes, helicopters, unmanned airborne vehicles (UAVs), balloons, or other aerial methods. The different technologies include seismic, magnetic, gravity, electromagnetics, LIDAR, ground penetrating, and others, and the services provided include data processing, data interpretation, and data acquisition. The services are used by agriculture, the environment, minerals and mining, oil and gas, and water exploration. The global geophysical data sales market is segmented - 1) By Technology: Seismic, Magnetic, Gravity, Electromagnetics, LIDAR, Ground Penetrating, Other Technologies 2) By Type: Aerial-based Survey, Land-based Survey 3) By Services: Data Processing, Data Interpretation, Data Acquisition 4) By End User: Agriculture, Environment, Minerals & Mining, Oil & Gas, and Water Exploration The global geophysical data sales market size will grow from $2.81 billion in 2022 to $2.91 billion in 2023 at a compound annual growth rate (CAGR) of 3.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global geophysical data sales is expected to grow to $3.22 billion in 2027 at a CAGR of 2.6%. Increased applications in oil and gas exploration activities in emerging countries due to the increasing demand from the oil and gas industry have contributed to the growth of the global geophysical data sales market. For instance, according to the U.S. Energy Information Administration, in 2020, the world consumed 92.2 million barrels of petroleum and other liquid fuels per day (b/d). Geophysical data sales are used in the oil and gas industry to obtain fast access to seismic data, state-of-the-art data centre services, and robust networks, and are also used to collect or evaluate core samples or cuttings. Thus, oil and gas exploration activities drove the demand for metals and minerals, which in turn propelled the revenues generated for the growth of the geophysical data sales market. Major players in the geophysical data sales market are Dawson Geophysical Company, EON Geosciences, Geotech Surveys, TGS Geophysical Company, Geophysical Survey Systems, Inc., CGG SA, Fugro NV, Petroleum Geo-Services ASA, Phoenix Geophysics, and Sea Geo Surveys Pvt. Ltd. The decreasing investment in seismic surveys is expected to restrain the growth of the global geophysical data sales market during the forecast period. In geophysical data sales, seismic surveys play the most significant role in supplying valuable data for oil and gas exploration. As customers focus on cost, they overlook the fact that the value is worth the expense, which would likely affect the new investments. For instance, the Rystad Energy analysis stated that offshore seismic revenues declined by 51%–77% in 2020, compared to levels seen in 2019. In addition, exploration investment fell by more than 20% in 2020 compared to the previous year. Moreover, getting permission for conducting a seismic survey would also be a challenge because it is regarded as a controversial means of mapping the seabed, which would cause potential harm to marine life, subsequently affecting the new investments. The launch of seismic technology has created immense demand in the geophysical data sales market. Seismic technology is used by oil and gas researchers to map and interpret potential hydrocarbon reserves. But by adding the time dimension, 4D seismic technology shows how a reservoir will change over time. In April 2021, QuakeLogic and SignaGuard, launched seismic sensor-enabled with Edge AI, a structural health monitoring technology for earthquake-prone region. With its advanced IoT features, it is capable of automatically shutting down electrical lines based on seismic levels, triggering automated SMS/email alerts of damage, and uses an open-source technical platform to integrate algorithms from third parties. North America was the largest region in the geophysical data sales market in 2022. Western Europe was the second largest region in the global geophysical data sales market share. The regions covered in the global geophysical data sales market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the geophysical data sales market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The geophysical data sales market consists of revenue earned by entities by providing services such as locating and measuring the extent of subsurface resources, such as oil, gas, and minerals, and also conducting surveys for engineering purposes. The surveying techniques include magnetic surveys, gravity surveys, seismic surveys, or electrical and electromagnetic surveys. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The geophysical data sales market research report is one of a series of new reports from The Business Research Company that provides geophysical data sales market statistics, including geophysical data sales industry global market size, regional shares, competitors with a geophysical data sales market share, detailed geophysical data sales market segments, market trends and opportunities, and any further data you may need to thrive in the geophysical data sales industry. This geophysical data sales market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Geophysical integration refers to techniques used in geophysical imaging and inversion to account for multiple sources of information and to enable the concurrent or cooperative use of numerous geophysical datasets to constrain the geophysical problem better and reduce uncertainty. The main methods of integrated geophysical services are vertical electrical sounding, electrical resistivity tomography (ERT), seismic refraction, microgravity survey with differential GPS, magnetic profiles, induced polarization, 2D seismic prospection (refraction tomography and reflection sections), and ground penetrating radar (GPR). A vertical electrical sounding (VES) is a DC resistivity survey that offers information on how apparent resistivity changes with depth. The parameters for the geoelectric section can be determined using a quantitative interpretation of the results of VES measurements. The various survey types include aerial-based and land-based, and the services are used for infrastructure and building construction, offshore wind farm surveys, offshore cable tracking surveys, mineral exploration and mining engineering, natural resources and energy, water resources, environmental and waste management, and archaeological surveys. The global integrated geophysical services market is segmented - 1) By Method: Vertical Electrical Sounding, Electrical Resistivity Tomography (ERT), Seismic refraction, Microgravity survey with differential GPS, Magnetic profiles, Induced polarization, 2D seismic prospection (refraction tomography and reflection sections), Ground penetrating radar (GPR) 2) By Application: Infrastructure and building constructions, Offshore wind farm surveys, Offshore cable tracking surveys, Mineral exploration and mining engineering, Natural resources and energy, Water resource, environment and waste management, Archaeological surveys 3) By Survey Type: Aerial-based, Land-based The global integrated geophysical services market size will grow from $2.16 billion in 2022 to $2.28 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global integrated geophysical services market size is expected to grow to $2.75 billion in 2027 at a CAGR of 4.7%. Increasing demand for oil and gas has contributed to the growth of the integrated geophysical services market. In 2020, the transportation industry in the United States consumed 44.61 billion gallons (1.06 billion barrels) of distillate fuel, which is effectively diesel fuel, at a rate of around 122 million gallons per day. According to the US Energy Information Administration estimates, global consumption of petroleum and liquid fuel averaged 94.3 million barrels per day in 2019, and it is expected to increase by 3.3 million barrels per day in 2022. The increasing consumption of oil and gas is driving the demand for integrated geophysical services market. This is because integration between different oil and gas exploration methods such as archaeological surveys and remote sensing from aerial platforms and satellites obtains required geological information and evaluates core samples or cuttings. The sub-surface analysis is important for accurate reservoir and flow modelling, leading to more informed production decisions and the ability to produce more energy. The increasing demand for oil and gas is therefore driving the growth in integrated geophysical services market. Major players in the integrated geophysical services market are CGS, Halliburton, Polarcus, Geokinetics, Petroleum Geo-Services (PGS), and Schlumberger WesternGeco. The decreasing investments in seismic surveys are expected to limit the growth of the integrated geophysical services market. The sharp fall in oil prices is the major reason affecting investments in seismic surveys. Brent crude oil has dropped more than 60% since its peak at the start of the year 2020. The production of unconventional oil, weakening global demand, the unwinding of some geopolitical risks, and an appreciation of the US dollar are some of the factors causing the oil price slump. In March 2020, Polarcus Ltd., a company that operates ships that search for offshore oil and gas by using ships for collecting seismic data, announced the cancellation of two projects due to the effects of the oil price slump on the energy services sector. Therefore, decreasing investments in seismic surveys are negatively affecting the integrated geophysical services market. Drones are increasingly being used by integrated geophysical service companies to get precise information and to decrease the burden on people in the harsh environment. According to a statement released by the Aerospace CH UAV Co., in 2022, Caihong, or Rainbow drone, will be used by China to explore the Qinghai-Xizang Plateau and the polar regions for geological resources. These Aero geophysical exploration method combines geophysical exploration with aviation to obtain a variety of geophysical field information rapidly and efficiently. The company also said drones are advantageous for conducting surveys since they work quickly and efficiently and are unaffected by terrain conditions and human factors. North America was the largest region in the integrated geophysical services market in 2022. Western Europe was the second largest region in the global integrated geophysical services market share. The regions covered in the global integrated geophysical services market report analysis are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the integrated geophysical services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The integrated geophysical services market consists of revenue earned by entities that locate and measure the extent of subsurface resources, such as oil, gas, and minerals, and also conduct surveys for engineering purposes. The surveying techniques include magnetic surveys, gravity surveys, seismic surveys, or electrical and electromagnetic surveys. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products. The integrated geophysical services market research report is one of a series of new reports from The Business Research Company that provides integrated geophysical services market statistics, including integrated geophysical services industry global market size, regional shares, competitors with an integrated geophysical services market share, detailed integrated geophysical services market segments, market trends and opportunities, and any further data you may need to thrive in the integrated geophysical services industry. This integrated geophysical services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The geophysical services specialise in locating and measuring the number of resources such as minerals, oil, and gas, assessing earthquake hazards, investigating the subsurface for engineering structures, investigating archaeological sites, and imaging the subsurface for environmental hazards. The main types of surveys in geophysical services are land, marine, and aerial. Land surveying is the art and science of creating or reinforcing real property (land) corners, lines, borders, and landmarks based on documented documents, historical data, and current practise standards. The different technologies include seismic, magnetic, gravity, electromagnetic, lidar, ground penetrating, and others and are used in various applications such as roads, rails, ports, airports, pipelines, and others. The several sectors include agriculture, the environment, minerals and mining, oil and gas, water exploration, and others. The global geophysical services market is segmented - 1) By Survey Type: Land, Marine, Aerial 2) By Technology: Seismic, Magnetic, Gravity, Electromagnetic, Lidar, Ground Penetrating, Other Technologies 3) By Application: Road, Rail, Port, Airport, Pipeline, Other Applications 4) By End User: Agriculture, Environment, Minerals and Mining, Oil and Gas, Water Exploration, Other End Users The global geophysical services market size will grow from $14.15 billion in 2022 to $14.67 billion in 2023 at a compound annual growth rate (CAGR) of 3.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global geophysical services is expected to grow to $16.41 billion in 2027 at a CAGR of 2.8%. Growing exploration activities are contributing to the growth of the geophysical services market. Mineral exploration aims to discover deposits of minerals and rocks that can be used to meet the resource needs of society, which could be fulfilled by geophysical services. According to the Australia Bureau of Statics, released in August 2020, in the first quarter of June 2020, mineral exploration expenditure rose 11.91%, or $72.7 million, to $683.3 million. As per Gold Mining Report of the World Gold Council, the gold mines production of India could rise to 20 tonnes per year from 1.6 tonnes in 2020. Total mine production in Australia rose by 3% y-o-y due to higher production at a few mines. Thus, the rise in production and exploration in different sectors by using geophysical devices is paving the way for the growth of the geophysical services market. Major players in the geophysical services market are Schlumberger, TGS Geophysical Company (UK) Ltd., CGG Geoscience company, Ion Geophysical, Polarcus Ltd., Geokinetics, Halliburton Company, Dawson Geophysical Services, EON Geosciences Inc., Geophysical Survey Systems Inc., Phoenix Geophysics, Sea Geo Surveys Pvt Ltd., Spectrum Geophysics, Geotech Survey, P.G.S., BGP Inc., Fugro, SA Exploration, Seabird Exploration, EMGS, Geospace Technologies, COSL-China Oilfield Services Limited, New Resolution Geophysics (NRG), Paradigm, Ramboll Group AS, Sercel SA, IRIS Instruments, DMT Gmbh and Co.KG., Petroleum Geo Services, Geoex Ltd and IG Seismic Services. Geohazards are one of the major challenges faced by the geophysical services market. Geohazards include earthquakes, landslides, collapses, debris flows, and ground collapses, which may lead to widespread damage or risk. Mining activities sometimes lead to earthquakes, which can lead to the collapse of roofs in mines. At least 19 people died and many were injured due to the collapse of the marble mine at Zairat Ghar Mountain in Pakistan. Similarly, in March 2022, 14 workers died in China’s Sanhe Shunxun coal mine due to a roof shaft collapse. Failure of geophysical devices such as microseismic monitoring devices can lead to geohazards and thus limit the growth of the geophysical services market. Geophysical service providers are using drones to conduct aerial geophysical surveys. Estimating the variety of key physical or geochemical boundaries of the earth by means of air is conducted through aerial/airborne geophysical surveying. Drones used for surveying are equipped with a magnetometer and other sensors such as electromagnetic, gamma-ray, spectrometry, magnetic, and gravity to get clear and productive results from the survey. In June 2020, Terremys, a startup company, launched a lightweight UAV (Unmanned Aerial Vehicles) magnetic survey technology which will allow multi-scale aeromagnetic surveys using a measuring system weighing less than 500 grams. AeroVision Airborne Geophysics (Drone-MAG) is an innovative product of Abitibi Geophysics which provides low-altitude aeromagnetic surveys, creating high-resolution data at regular intervals at a fraction of the cost of the ground mag. In September 2020, Liberty Oilfield Services, a US-based oilfield service company, acquired the hydraulic fracturing arm of Schlumberger Ltd. for $448 million. With the help of this deal, Liberty will gain the OneStim business unit of Schlumberger and expand its technology portfolio in geophysical services. Schlumberger is a US-based company providing services in oilfields, geophysics, and others. North America was the largest region in the geophysical services market in 2022. Western Europe was the second largest region in the global geophysical services market share. The regions covered in the global geophysical service market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the geophysical services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The geophysical services market consists of revenue earned by entities by providing services such as locating and measuring the extent of subsurface resources, such as oil, gas, and minerals, and also conducting surveys for engineering purposes. The surveying techniques include magnetic surveys, gravity surveys, seismic surveys, or electrical and electromagnetic surveys. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for specified geography are consumption values – that is, they are revenues generated by organizations in the specified geography within the specified geophysical services market, irrespective of where they are produced. It does not include revenues from resales, either further along the supply chain or as part of other products. The geophysical services market research report is one of a series of new reports from The Business Research Company that provides geophysical services market statistics, including geophysical services industry global market size, regional shares, competitors with a geophysical services market share, detailed geophysical services market segments, market trends and opportunities, and any further data you may need to thrive in the geophysical services industry. This geophysical services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The land survey equipment refers to the equipment, used for surveys including measuring land and locating the land, both natural features and man-made using the principle of mathematics, geometry, and other sciences. The main products in land survey equipment market are GNSS systems, total stations and theodolites, levels, 3D laser/laser scanners, unmanned aerial vehicles (UAVs), and other products. The GNSS systems refer to the Global Navigation Satellite System (GNSS) as any satellite constellation that provides global or regional positioning, navigation, and timing (PNT) services. The land survey equipment market has applications in inspection, monitoring, volumetric calculations, layout points, and others. These are used in various industries such as transportation, energy and power, mining and construction, forestry, scientific and geological research, and precision agriculture, disaster management, and other industries. The various solutions are hardware, software, and services. The various end-users are commercial, defense, and service providers. The global land survey equipment market is segmented – 1) By Application: Inspection, Monitoring, Volumetric Calculations, Layout Points, Other Applications 2) By Solution: Hardware, Software, Services 3) By Industry: Transportation, Energy And Power, Mining And Construction, Forestry, Scientific And Geological Research, Precision Agriculture, Disaster Management, Other Industries 4) By Product: Global Navigation Satellite System (GNSS), Total Stations And Theodolites, Levels, 3D Laser/Laser Scanners, Unmanned Aerial Vehicles (UAVs), Other Products 5) By End User: Commercial, Defense, Service Providers The global land survey equipment market size grew from $6.95 billion in 2022 to $7.53 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, causing inflation across goods and services and affecting many markets across the globe. The market size of global land survey equipment is expected to grow to $10.28 billion in 2027 at a CAGR of 8.1%. The benefits of electronic devices in land surveys are driving the growth of the land survey equipment market. Modern survey methods use a combination of software running on an external computer, electronic theodolite (transit), and electronic distance measuring (EDM) device. Electronic theodolites are used in checking angles, alignments, grade work, and short-range leveling. Electronic land survey devices are accurate in measuring the distance that is accomplished with modulated microwave or infrared carrier signals. For example, in November 2021, Topcon Positioning Group announced its MC-Max machine control solution. MC-X machine control platform is based on the Sitelink3D platform — the cloud-based data management ecosystem that works in real-time, MC-Max is a scalable solution for mixed-fleet heavy equipment environments. It is designed to adapt machine control and data integration of workflows expand. Hence, the adoption of electronic devices for the land survey drives the growth of the land survey equipment market. Major players in the land survey equipment market are South Surveying And Mapping Instruments, Hexagon AB, Trimble Inc., Topcon, CHC-Navigation, Hi-Target, Hudaco Industries Limited, Kolida Instrument Co. Ltd., Robert Bosch GmbH, Shanghai Huace Navigation Technology Ltd., Stonex, Suzhou Foif Co. Ltd., Industries Limited (V.I Instruments), Topcon Positioning Group, M and P Survey Equipment Ltd., Ansari Precision Instruments Private Limited, Geotrax International Services, Jafri Survey Instruments, PASI Srl, Survey Copter, KSA Land Surveyors Company, Suzhou Foif Co. Ltd., Changzhou Dadi Surveying Science And Technology. Technological advancements and innovations are shaping the land survey equipment market. As mobile phones are becoming essential and accessible to everyone, mobile phones are becoming an important mode to conduct surveys this instrument empowers surveyors with quick access to information needed in the survey area while conducting the survey. With technological advancement, the surveyor can process the collected data later with the help of survey software. For instance, in 2021 U-Box Holding AG, a Switzerland-based manufacturer of wireless semiconductors and modules for consumer, automotive and industrial markets, acquired Sapcords services a joint venture formed by U- Box, Bosch, Geo++, and Mitsubishi electric that works on U-Box's Silicon to cloud strategy and enables to innovate and grow its Global Navigation Satellite System (GNSS) augmentation services. In October 2021, Hexagon AB, a Sweden-based information technology company acquired Infor's EAM business for an undisclosed amount. With this acquisition Hexagon AB aimed to provide a best-in-class, SaaS-based asset management solution that tracks assets, digitalizes maintenance operations, and enables customers in nearly any industry to reach operational efficiency. Infor is a US-based enterprise software company. Asia-Pacific was the largest region in the land survey equipment market in 2022. The regions covered in land survey equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the land survey equipment market report is Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The land survey equipment market consists of sales of chains and tapes, compasses and clinometers, transits, levels, safety gear, prisms and reflectors, magnetic locators, poles, tripods, and mounts. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this land survey equipment market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The land survey equipment market research report is one of a series of new reports from The Business Research Company that provides land survey equipment market statistics, including land survey equipment industry global market size, regional shares, competitors with a land survey equipment market share, detailed land survey equipment market segments, market trends and opportunities, and any further data you may need to thrive in the land survey equipment industry. This land survey equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Online survey tools refer to the software programs that enable the creation, administration, and interpretation of various survey types on the users' own websites, emails, or hosted web pages that are specifically designed to collect feedback or data that provides actionable information through online feedback channels. The main type of products in online survey software includes individual grade and enterprise grade. Enterprise-grade products are those that integrate into infrastructure with minimal complexity and provide transparent proxy support. They are deployed both on cloud or on-premise in organizations ranging from small-scale enterprises, medium-sized enterprises, and large enterprises. The different pricing models in online survey software include one-time licenses, annual subscriptions, and monthly subscriptions. The industrial entities utilizing online survey software’s include education, public sector, automotive, airline and travel, BFSI, retail, medical, and media. The global online survey software market is segmented - 1) By Product: Individual Grade, Enterprise Grade 2) By Deployment: Cloud, On-Premise 3) By Organization Size: Small Scale Enterprises, Medium Sized Enterprises, Large Enterprises 4) By Pricing Model: One Time License, Annual Subscription, Monthly Subscription 5) By Application: Education, Public Sector, Automotive, Airline and Travel, BFSI, Retail, Medical, Media The global online survey software market size will grow from $2.79 billion in 2022 to $3.2 billion in 2023 at a compound annual growth rate (CAGR) of 14.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The online survey software market size is expected to grow to $5.69 billion in 2027 at a CAGR of 15.5%. The increasing penetration of the internet and its availability is driving the online survey software market. Increased internet penetration can lead to significant growth in important economic sectors such as education, healthcare, energy, and governance. Additionally, the number of surveys conducted via the internet has increased dramatically in the last ten years, owing to an increase in internet penetration and the relatively low cost of conducting web surveys in comparison to other methods. For instance, in 2021, according to the ITU, approximately 4.9 billion people or 63% of the world's population are using the internet 2021. This represents a 17% increase since 2019, with 782 million people estimated to have gone online during that time. However, 2.9 billion people remain unconnected. Therefore, an increase in penetration of the internet and its availability is expected to boost the utilization of online survey software during the forecast period. Major players in the online survey software market are Qualtrics, QuestionPro, SurveyMonkey, SoGoSurvey, Zoho, SmartSurvey, Campaign Monitor, SurveyGizmo, Snap Surveys, Formstack, Typeform, Inqwise, JotForm Inc., Medallia, Inc., and Nextiva. Technology advancement is gaining popularity in the online survey software market. Major players in the market are focusing on bringing innovative products to obtain an edge in the market against their competitors and strengthen their market presence. For instance, in May 2020, QuestionPro, a global leader in survey software and employee experience management, introduced QuestionPro LivePolls. LivePolls is the quickest way to collect feedback, test knowledge, and generate lively interaction at virtual or in-person events. Majroity of survey are sent asynchronously, surveys are sent out and respondents can take the surveys whenever they want, limiting the time in which decisions can be made based on the collected data. In order to develop innvoative and effective survey software, the company software, which acts real-time, offers interactive polling, trivia, and competition and display real-time results. In October 2021, Qualtrics is an American experience management company acquired Clarabridge for an undisclosed amount. Through this acquisition, Qualtrics is focused on expanding its product portfolio and business presence in the conversational analytics sector across the globe. Clarabridge American-based company provides customer experience software as a service using AI-powered text and speech analytics. North America was the largest region in the online survey software market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the online survey software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the online survey software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The online survey software market includes revenues earned by entities by identifying critical business opportunities and market trends that are useful in the growth of the business economy. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The online survey software market research report is one of a series of new reports from The Business Research Company that provides online survey software market statistics, including online survey software industry global market size, regional shares, competitors with an online survey software market share, detailed online survey software market segments, market trends and opportunities, and any further data you may need to thrive in the online survey software industry. This online survey software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Hydrographic survey equipment refers to survey equipment made with software and hardware solutions that obtain data necessary for preparing charts related to water depth, topography, tide measurements, and other physical features underwater. Such charts are produced to provide surface navigational information. The main types of hydrographic survey equipment are sensing systems, positioning systems, optical systems, profilers, software, and other types. Sensing systems refer to a system utilizing technology such as, but not limited to, radar, video, sound, or infrared technology that shall be capable of detecting the presence of a person(s) or object(s) as measured by the placement of a 12-inch high by 12-inch diameter cylinder within a minimum area. The various platforms include surface vessels, USV and UUV, and aircraft with a depth that includes shallow water and deep water. The various applications include port and harbor management, offshore oil and gas survey, cable or pipeline route survey, hydrographic or bathymetry survey, and other applications. The various end-users include commercial, research, and defense. The global hydrographic survey equipment market is segmented - 1) By Type: Sensing Systems, Positioning Systems, Optical System, Profilers, Software, Other Types 2) By Platform: Surface Vessels, USV And UUV, Aircraft 3) By Depth: Shallow Water, Deep Water 4) By Application: Port And Harbor Management, Offshore Oil And Gas Survey, Cable Or Pipeline Route Survey, Hydrographic Or Bathymetry Survey, Other Applications 5) By End User: Commercial, Research, Defense The global hydrographic survey equipment market size grew from $2.67 billion in 2022 to $2.89 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the hydrographic survey equipment market is expected to grow to $3.92 billion in 2027 at a CAGR of 7.9%. An increase in maritime trade is expected to propel the growth of the hydrographic survey equipment market going forward. Maritime trade refers to the type of trade that includes the use of ships to transport goods by sea. Hydrographic surveying is a civil engineering service that determines the physical features of an underwater area and helps the maritime trade. For instance, in 2021, according to United Nations Conference on Trade and Development data, a Switzerland-based intergovernmental organization, maritime trade is projected to increase by 4.3% in the year 2021. Therefore, the increase in maritime trade is driving the hydrographic survey equipment market. Major players in the hydrographic survey equipment market are KONSBERG Gruppen, Sonardyne International, Innomar Technologie GmbH, EdgeTech, Tritech International Limited, Ixblue SAS, Syqwest Incorporated, Valeport Ltd., Raytheon Technologies Corporation, Xylem Inc., Topcon Corporation, Thales Group, Seafloor Systems Inc., Atlas Electronik GmbH, and Nikon-Trimble Co. Ltd. Technological advancements are a key trend gaining popularity in the hydrographic survey equipment market. Major companies operating in the hydrographic survey equipment market are focused on developing new technological solutions to strengthen their position. For instance, in March 2022, Kongsberg Maritime, a Europe-based company operating in hydrographic survey equipment launched an addition to the acoustic modems, a cNODE Mantis that creates a new capability for streaming a live video feed for numerous subsea installations. The cNODE Mantis featured a live video solution technology that helps in subsea installation projects and visually monitors the placement of structures on the seabed. In February 2022, Woolpert, a US-based company operating in hydrographic engineering and survey company acquired eTrac Inc. for an undisclosed amount. Through this acquisition, Woolpert aims to enhance solutions in integrated architecture, engineering, and geospatial (AEG) capabilities. eTrac Inc is a US-based hydrographic survey and marine technology firm. Asia-Pacific was the largest region in the hydrographic survey equipment market in 2022. The regions covered in the hydrographic survey equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hydrographic survey equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA. The hydrographic survey equipment market consists of multibeam echo sounders (MBES), side scan sonar, laser scanners, sound speed profilers , sound velocity profilers, portable tide gauges, radar level sensors , interferometric sonar systems , and other hydrographic survey equipment. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The hydrographic survey equipment market research report is one of a series of new reports from The Business Research Company that provides hydrographic survey equipment market statistics, including hydrographic survey equipment industry global market size, regional shares, competitors with a hydrographic survey equipment market share, detailed hydrographic survey equipment market segments, market trends and opportunities, and any further data you may need to thrive in the hydrographic survey equipment industry. This hydrographic survey equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The GPS equipment refers to various devices and tools required for the functioning of satellite navigation system. A GPS is a satellite navigation system that determines an object's location on the ground. The main product types of GPS equipment are data loggers, data pushers, data pullers, and covert GPS trackers. Data loggers are electronic devices that monitor and record environmental parameters automatically over time, allowing conditions to be measured, documented, analyzed, and validated. The various applications of GPS equipment include road, aviation, marine, location-based services, surveying and mapping and others that are used by transportation and logistics, construction, oil and gas, metals and mining, government, among others. The global GPS equipment market is segmented - 1) By Product Type: Data loggers, Data pushers, Data pullers, Covert GPS Trackers 2) By End-Use Industry: Transportation & Logistics, Construction, Oil & Gas, Metals & Mining, Government, Other End-Use Industries (Hospitality, Education, Retail, Agriculture, and Healthcare) 3) By Application: Road, Aviation, Marine, Location-based services, Surveying and Mapping, Other Applications The global GPS equipment market size will grow from $2.4 billion in 2022 to $2.54 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global GPS equipment is expected to grow to $3.12 billion in 2027 at a CAGR of 5.4%. Increased use of GPS tracking devices in commercial vehicles contributed to the growth of the GPS equipment market. GPS tracking devices help in monitoring commercial vehicles such as trucks, buses, heavy commercial vehicles, and construction vehicles. Through monitoring and handling these vehicles in real-time with GPS trackers, companies can get real-time updates, optimize routes, increase efficiency, and improve fuel efficiency among others. Businesses are increasingly using GPS for tracking vehicles and will have an edge over their competitors in giving a better customer experience. Therefore, the use of GPS equipment in commercial vehicles is a key factor leading to the growth of the GPS equipment market. Major players in the GPS equipment market are Calamp Corporation, Sierra Wireless, Inc., Orbocomm Inc., Queclink Wireless Solutions Co., Ltd., Laird PLC., Tomtom International Bv, Concox Wireless Solution, Xirgo Technologies, Inc., Shenzhen Concox Information Technology Co. Ltd., and Maestro Wireless Solutions. Security threat in GPS tracking applications is expected to hinder the growth of the market. Hackers can interfere with the signals from GPS equipment market and take advantage of the vehicle in ways unimaginable. The signals could be jammed during the transmission. The vulnerability of GPS will allow a hacker to track the positions of thousands of vehicles and even switching the engines off while they are in motion causing a complication. For instance, in September 2021, according to a research study conducted by Bitsight, a US-based cybersecurity ratings company, stated the vulnerabilities of threats on GPS tracking, stated that the MiCODUS API server contains the password vulnerability known as CVE-2022-2107. It has a 9.8 CVSS score and enables remote attackers to send SMS commands to a target's GPS tracker by using a hardcoded master password to access into the web server. A 9.8 CVSS rating was also given to CVE-2022-2141 because to faulty authentication. An attacker could be able to use this vulnerability to send the tracking device SMS commands without being verified. The hacker claimed that he could track vehicles in many countries, including South Africa, MorocCo., India, and the Philippines. The vulnerabilities in GPS equipment causing complications in smooth operations restrict the growth of the GPS equipment market. The software integrated with GPS trackers has developed rapidly. The use of advanced software can deliver real time data on a specific location. The advanced software has helped improve mapping capabilities and the ability to integrate with resources such as Google Earth and predictive diagnosis. For instance, in September 2022, Trackem, a US-based platform for monitoring resources, supplies, and job progress, has launched its most recent version of its GPS tracking platform for clients. The new system includes tools for tracking fuel bills, fleet-wide fuel usage, mileage analysis, and driver scorecards. Scorecards for drivers make it easier to see those who frequently accelerate quickly or drive too fast, both of which increase fuel consumption. This data may be employed for disciplinary or instructional purposes. Numerous places in the fleet that can be modified for fuel economy can be found with the use of detailed reports. Additionally, the new Maintenance area can help fleet managers or business owners stay current and repair their vehicles to maximize fuel efficiency. The development of an enhanced GPS tracker is gaining traction and contributes to the growth of the market. In January 2020, BAE Systems, Inc., a UK-based aerospace and security company acquired Collins Aerospace’s military global positioning system (GPS) business for $1.925 billion and Raytheon’s Airborne Tactical Radios (ATR) business for cash of $275 million. The acquisitions of GPS and ATR business is aimed to strengthen BAE Systems, Inc. in defense electronics and communication systems business. Collins Aerospace, a USA-based company, specialized in avionics and information technology systems business. Raytheon, a USA-based company, specialized in the manufacturing of military and commercial electronics. The Asia-Pacific was the largest region in the GPS equipment market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global GPS equipment market share during the forecast period. The regions covered in the global GPS equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the GPS equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global positioning system GPS equipment market consists of sales of equipment for determining the ground position of an object through GPS satellites. GPS is a satellite navigation system that transmits specific signals that allow GPS equipment to decode and measure the satellite's exact location. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in the GPS equipment market includes related services sold by the creators of the goods. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The GPS equipment market research report is one of a series of new reports from The Business Research Company that provides GPS equipment market statistics, including GPS equipment industry global market size, regional shares, competitors with a GPS equipment market share, detailed GPS equipment market segments, market trends and opportunities, and any further data you may need to thrive in the GPS equipment industry. This GPS equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Drone services, also referred to as unmanned aerial vehicle (UAV) services are centered on flying robots that may be commanded remotely or operated autonomously utilizing software-controlled flight plans in their embedded devices. The main types of drone servicing or repair are drone platform service, MRO, training, and education. The drone platform service companies are engaged in providing global distribution, easy monetization, and partner integrations services. Platform service for drones develops, expands, and monetizes the apps using drone deploy capability. It includes different solutions such as enterprise solutions, and point solutions and provides short-duration service, long duration service. It is used in aerial photography and remote sensing, data acquisition and analytics, mapping and surveying, 3D modelling, inspection and environmental monitoring, and others and is employed in various sectors such as oil and gas, agriculture, logistics, media and entertainment, and utility and power, others. The global drone servicing/repair market is segmented - 1) By Type: Drone Platform Service, MRO, Training And Education 2) By Duration of Service: Short Duration Service, Long Duration Service 3) By Solution: Enterprise Solutions, Point Solutions 4) By Application: Aerial Photography And Remote Sensing, Data Acquisition and Analytics, Mapping And Surveying, 3D Modeling, Inspection And Environmental Monitoring, Other Applications 5) By End Use Industry: Oil And Gas, Agriculture, Logistics, Media And Entertainment, Utility And Power, Other End Use Industries The global drone servicing/repair market size will grow from $13.14 billion in 2022 to $19.82 billion in 2023 at a compound annual growth rate (CAGR) of 50.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global drone servicing/repair industry is expected to grow to $101.03 billion in 2027 at a CAGR of 50.3%. The growing adoption of precision agriculture practices is expected to drive the growth of the drone servicing or repair market in the coming years. Precision farming is a farming management approach that emphasizes the use of contemporary technology at all stages of the process. Precision farming technologies enable the identification of heterogeneous zones as well as the management of the variability that comes with a varied field. Drones are becoming more significant in precision farming, allowing farmers to lead the way in environmentally friendly farming practices while also safeguarding and growing profits. For instance, precision agricultural techniques, which can aid farmers in making better decisions, have advanced greatly in recent years, with the global industry expected to reach $43.4 billion by 2025. Therefore, the growing adoption of precision agriculture practices propels the growth of the drone servicing or repair market. Major players in the drone servicing/repair market are Airware, Cyberhawk Innovations Ltd., Terra Drone Corporation, Sky-Futures Ltd., Prioria Robotics Holdings Inc., Sharper Shape Inc., Sensefly Ltd., Phoenix Drone Services, Dronedeploy, Unmanned Experts Inc., Identified Technologies, The Sky Guys, Skylark Drones Private Limited, and Edall Systems. The growing technological advancements are an emerging trend in the drone servicing or repair market. Major companies operating in the drone servicing or repair sector are focused on developing technological solutions for drone services to strengthen their position. For instance, in August 2021, Qualcomm Technologies Inc., a US-based provider digital wireless telecommunication products and service, unveiled Qualcomm Flight RB5 5G Platform, the world's first drone platform and reference design with 5G and AI functionality. Based on Qualcomm Technologies' latest IoT offerings, the Qualcomm Flight RB5 5G Platform delivers high-performance, low-power, 5G drones powered by Qualcomm QRB5165 processors. A broad range of sectors are supported by the Qualcomm Flight RB5 5G Platform, including film and entertainment, security, emergency response, delivery, defense, inspection, and mapping. In January 2021, AgEagle Aerial Systems Inc., a US-based drone systems and solutions provider acquired MicaSense, Inc., from Parrot for $23 million. This acquisition will empower AgEagle to drive true innovation and advancements of commercial drone systems and solutions for several high-growth industry segments. MicaSense, Inc., is a US-based provider of high-quality drone-based cameras to a global market. North America was the largest region in the drone servicing/repair market in 2022. Europe was the second-largest region in the drone servicing/repair market. The regions covered in the drone servicing/repair market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the drone servicing/repair market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The drone services market includes revenues earned by entities by providing services such as drone repair, drone training courses, package delivery by drones, drone advertising, and marketing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The drone servicing/repair market research report is one of a series of new reports from The Business Research Company that provides drone servicing/repair market statistics, including drone servicing/repair industry global market size, regional shares, competitors with a drone servicing/repair market share, detailed drone servicing/repair market segments, market trends and opportunities, and any further data you may need to thrive in the drone servicing/repair industry. This drone servicing/repair market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.