Report ID: SQMIG45J2140
Satellite Data Services Market Size, Share, Growth Analysis, By Deployment(Public Cloud, Private Cloud, Hybrid Cloud), By Service(Image Data (Spatial {Very high resolution, High resolution, Medium-low resolution}, Spectral), By Vertical(Energy & Power (Mining and Mineral Exploration, Oil & Gas Operation {Pipeline and transmission survey}, Renewable Energy Sources {Wind energy, Solar energy), By End Use(Government & Military (National Space Agencies, Departments of Defense, National Security Agencies, Academic and Research Institutions), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG45J2140 |
Region:
Global |
Published Date: September, 2024
Pages:
197
|
Tables:
59 |
Figures:
77
Satellite Data Services Market Competitive Landscape
International organizations have begun working with governmental and non-governmental organizations to create satellites that provide ultra-high-resolution SAR imaging, which aids in improved decision making. By providing satellite imaging data, which is routinely recorded at a worldwide scale and gives photos at increasingly relevant resolutions, new competitors like Planet Labs, Inc. and UrtheCast are upending the market.
Satellite Data Services Market Top Player’s Company Profiles
- Airbus (France)
- Maxar Technologies (US)
- L3Harris Technologies, Inc. (US)
- Planet Labs, PBC (US)
- ICEYE (Finland)
- Ursa Space Systems, Inc (US)
- Satpalda (India)
- Earth-i Ltd. (UK)
- ImageSat International (ISI) (Israel)
- Ceinsys Tech Ltd. (India)
- East View Geospatial, Inc (US)
- Trimble Inc. (US)
- Spectir (US)
- GISAT S.R.O. (Czech Republic)
- PlanetObserver (France)
- BlackSky (US)
- ESRI (US)
- RMSI (India)
- Orbital Insight (US)
- Spire Global (US)
- Birdi Ltd. (US)
- Descartes Labs, Inc (US)
- Satelytics (US)
- Apollo Mapping (US)
- Pixxel Mapping (India)
- HERE Technologies (Netherlands)
Satellite Data Services Market
Satellite Data Services Market Report Snapshots
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Global Satellite Data Services Market size was valued at USD 7.85 billion in 2022 and is poised to grow from USD 9.39 billion in 2023 to USD 39.06 billion by 2031, growing at a CAGR of 19.50% during the forecast period (2024-2031).
International organizations have begun working with governmental and non-governmental organizations to create satellites that provide ultra-high-resolution SAR imaging, which aids in improved decision making. By providing satellite imaging data, which is routinely recorded at a worldwide scale and gives photos at increasingly relevant resolutions, new competitors like Planet Labs, Inc. and UrtheCast are upending the market. 'Airbus (France) ', 'Maxar Technologies (US) ', 'L3Harris Technologies, Inc. (US) ', 'Planet Labs, PBC (US) ', 'ICEYE (Finland) ', 'Ursa Space Systems, Inc (US) ', 'Satpalda (India) ', 'Earth-i Ltd. (UK) ', 'ImageSat International (ISI) (Israel) ', 'Ceinsys Tech Ltd. (India) ', 'East View Geospatial, Inc (US) ', 'Trimble Inc. (US) ', 'Spectir (US) ', 'GISAT S.R.O. (Czech Republic) ', 'PlanetObserver (France) ', 'BlackSky (US) ', 'ESRI (US) ', 'RMSI (India) ', 'Orbital Insight (US) ', 'Spire Global (US) ', 'Birdi Ltd. (US) ', 'Descartes Labs, Inc (US) ', 'Satelytics (US) ', 'Apollo Mapping (US) ', 'Pixxel Mapping (India) ', 'HERE Technologies (Netherlands) '
The demand for satellite data services is driven by the growing need for Earth observation and remote sensing applications. Satellite imagery and data provide valuable insights into various aspects such as environmental monitoring, agriculture, urban planning, disaster management, and natural resource exploration. Governments, research institutions, and industries rely on satellite data to make informed decisions and monitor changes in the Earth's surface.
With the highest market share and a CAGR of 19.6%, North America will continue to dominate the industry. The deployment of commercial satellites, which is expected to spur future expansion in satellite data services, is being made possible thanks to significant investments from a number of regional governments. North America is predicted to have the highest and earliest adoption of commercial satellite imaging across a wide range of businesses, as well as sophisticated space project infrastructure. Furthermore, the North American sector has a sizable window of opportunity due to increased concerns about satellite-based surveillance.
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