Satellite Data Services Market Size, Future Industry Trends, Opportunities

11 July 2023

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The Global Satellite Data Services Market Report 2023 gives the technical and financial data of the market for the present and the foreseeable future. This report is one of the most thorough and significant additions to the Astute Analytica market research archive. It provides a thorough investigation and analysis of important facets of the world market. The supply and demand scenario, pricing set-up, profit margins, production, and market analysis are all examined in this study as major driving forces behind the worldwide Satellite Data Services Market expansion.

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Global satellite data services market was valued at US$ 8,368.91 million in 2022 and is projected to surpass valuation of US$ 44,356.60 million by 2031 at a CAGR of 21% during the forecast period 2023–2031.

The report gives a thorough analysis of the global Satellite Data Services Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.

The leading companies mentioned are

Airbus SE
Earth-i Ltd
East View Geospatial Inc.
EOS Data Analytics (EOSDA)
ICEYE
ImageSat International (ISI)
L3Harris Technologies, Inc.
LAND INFO Worldwide Mapping
Maxar Technologies
NV5 Geospatial Solutions, Inc.

The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.

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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.

The segmentation overview of the global Satellite Data Services Market includes

Venture Companies

Airbus Ventures
BAE Systems
MMC Ventures
Seraphim Space
True Ventures

Market Segmentation Overview:

By Service

Data Analytics
Land and Water State of Agriculture and Environment Analysis
Historic Agricultural and Environmental Metrics
Identify Trends from Satellite Indices
Crop Performance
Natural Resource Management
Risk Management
Image Data
Geospatial
Others

By Technology

Optical and Radar Imagery Technology
Synthetic Aperture Radar (SAR) Active Remote Sensing Technology
Geospatial Technology
Others

By Application

Land Satellite Data Range
Agriculture Harvest Monitoring & Field Segmentation
Security Surveillance
Infrastructure & Construction Monitoring
Mapping of Areas affected by Natural Disasters
Interferometry
Oil Pipeline Monitoring
Sea/Maritime Satellite Data Range
Prevention of Illegal Fishing
Coastal Security
Monitoring Port and Sea Traffic
Ice Monitoring and Iceberg Tracking
Natural and Man-Made Catastrophe Responses
Others

By Industry

Defense & Security
Crime Mapping
National Mapping & Topographic Agencies
Surveillance
Energy & Power
Mining And Mineral Exploration
Oil And Gas Operation
Agriculture
Environmental
Engineering & Infrastructure
Marine
Forestry
Transportation & Logistics
Insurance and Finance
Media And Entertainment
Others

By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
South Africa
UAE
Rest of MEA
South America
Argentina
Brazil
Rest of South America

Overall, Astute Analytica’s report on the global Satellite Data Services Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.

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About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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