Satellite Data Services Market, By Vertical, By End-user Industry, By Service, By Deployment, By Geography

Description

The global satellite data services market is estimated to be valued at USD 11.92 Bn in 2024. The market is expected to reach USD 45.12 Bn by 2031, growing at a compound annual growth rate (CAGR) of 20.9% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 11.92 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	20.90%	2031 Value Projection:	US$ 45.12 Bn

Figure. Satellite Data Services Market Share (%), By Region 2024

The satellite data services market involves the provision of data acquired through earth observation satellites and analytics services related to such satellite-derived data. Satellite data finds widespread usage in various applications such as defense and security, infrastructure monitoring, weather forecasting, environmental protection, and agriculture. Rising deployment of earth observation satellites by commercial space agencies coupled with increasing demand for geospatial information across industries is expected to drive the demand for satellite data services over the coming years. Technological advancements enabling high resolution imaging and real-time data delivery have further expanded the scope of satellite data applications. The market is anticipated to grow at a significant pace during the forecast period.

Market Dynamics

The satellite data services market is driven by factors such as growing need for geospatial monitoring and mapping, increasing demand from agriculture sector for crop health monitoring, favorable government initiatives for satellite launches, and rising adoption of cloud computing and IoT. However, data privacy concerns, high costs associated with satellite data acquisition and processing, and lack of awareness in developing regions pose challenges to market growth. Emerging opportunities include growing demand for disaster management services, interest in integrated analytics of satellite data with other sources, and adoption of satellite constellations for earth observation. Market players could gain by investing in technologies to reduce costs and facilitate private-public partnerships for satellite projects.

Key features of the study:

This report provides in-depth analysis of the global satellite data services market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global satellite data services market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Maxar Technologies, Planet Labs, BlackSky Global, Spire Global, Airbus Defense and Space, SATPALDA Geospatial Services, ICEYE, ESA, Harris Geospatial, CGI Group, Orbital Insight, Descartes Labs

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global satellite data services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global satellite data services market.

Market Segmentation

Vertical Insights (Revenue, USD Bn, 2019 - 2031)
- Agriculture
- Engineering
- Infrastructure
- Defense
- Security
- Others
End-user Industry Insights (Revenue, USD Bn, 2019 - 2031)
- Government & Military
- Commercial
- Service
Service Insights (Revenue, USD Bn, 2019 - 2031)
- Image Data
- Data Analytics
Deployment Insights (Revenue, USD Bn, 2019 - 2031)
- Cloud
- On-premises
Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
Key Players Insights
- Maxar Technologies
- Planet Labs
- BlackSky Global
- Spire Global
- Airbus Defense and Space
- SATPALDA Geospatial Services
- ICEYE
- ESA
- Harris Geospatial
- CGI Group
- Orbital Insight
- Descartes Labs

Product Code: CMI7599

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Satellite Data Services Market, By Vertical
- Satellite Data Services Market, By End-user Industry
- Satellite Data Services Market, By Service
- Satellite Data Services Market, By Deployment
- Satellite Data Services Market, By Region

3. Market Dynamics, Regulations, And Trends Analysis

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario
Industry Trends

4. Satellite Data Services Market, By Vertical, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Agriculture
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Engineering
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Infrastructure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Security
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

5. Satellite Data Services Market, By End-user Industry, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Government & Military
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

6. Satellite Data Services Market, By Service, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Image Data
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
Data Analytics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

7. Satellite Data Services Market, By Deployment, 2024-2031, (USD Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Cloud
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
On-premises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)

8. Global Satellite Data Services Market, By Region, 2024 - 2031, Value (USD Bn)

Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
North America
- Introduction
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End-user Industry, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Service, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End-user Industry, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Service, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End-user Industry, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Service, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End-user Industry, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Service, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest of Asia Pacific
Middle East
- Introduction
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End-user Industry, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Service, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - GCC Countries
  - Israel
  - Rest of Middle East
Africa
- Introduction
- Market Size and Forecast, By Vertical, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By End-user Industry, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Service, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Deployment, 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
  - South Africa
  - North Africa
  - Central Africa

9. Competitive Landscape

Maxar Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Planet Labs
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
BlackSky Global
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Spire Global
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Airbus Defense and Space
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
SATPALDA Geospatial Services
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ICEYE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
ESA
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Harris Geospatial
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
CGI Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Orbital Insight
Descartes Labs

10. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

11. References and Research Methodology

References
Research Methodology
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