Satellite Data Services Market Forecast Report 2020 – 2027

This detailed market study covers satellite data services market growth opportunities and competitive scenarios, which can assist the stakeholders in understanding market trends and prospects in the satellite data services market. The market report focuses on data from a combination of primary and secondary sources and analyses the information using numerous tools. The research report also offers a detailed analysis of each segment in the satellite data service and evaluates the impact of the COVID-19 outbreak on the industry.

Satellite Data Services Market Competitive Rivalry

The market report includes an analysis of the competitive landscape present in the industry. It consists of an assessment of the existing and ongoing trends that players can invest in. The notable players in the global satellite data services market are Harris Geospatial Solutions, Inc., Geospatial Intelligence Pyt. Ltd., Earth-i Ltd., Planet Labs, Inc., Land Info Worldwide Mapping, Satellite Imaging Corporation, Ursa Space Systems, Airbus SE, Digitalglobe, Inc., Satpalda Geospatial Services, Imagesat International (ISI), and Gisat S.R.O., among others.

Satellite Data Services Market Drivers

The significant factors contributing to the growth of the global satellite data services market include the rising number of advancements in geospatial imagery analytics and the increasing implementation of Artificial Intelligence (AI), Machine Learning (ML), and big data, privatization of space industry, and growth of cloud computing. Machine Learning (ML) algorithms provide efficient tools for analyzing satellite imagery and applicable insights. In addition to this, the accelerating demand for satellite imaging for agriculture, increasing penetration of technology such as IoT and data analytics to retrieve data, and the growing requirement to understand environmental impact on a global scale are certain factors that are responsible for the expansion of the satellite data services market size.

The strong demand for satellite data among enterprises to ensure their market competitiveness and implementation of 4D GIS software with satellite data is boosting the growth of the market over the forecast period. On the other edge, numerous stringent government regulations for the implementation of satellite and the lack of dedicated launch vehicles for small satellites are likely to restrain the growth of the market.s

Satellite Data Services Market Segmentation

The chapter of segmentation provides the readers with an overview of the global satellite data services market, such as its products, applications, and other relevant factors of the industry. Understanding the market segments helps in identifying the importance of different factors that surges market growth over the forecast period (2020-2027).

Segment by Service:

Image Data
- Spatial
  - Very High Resolution
  - High Resolution
  - Medium-Low Resolution
- Spectral
- Temporal
- Radiometric
Data Analytics
- Image Data Processing
  - Pan-Sharpening
  - Orthorectification
  - Mosaicking
  - Cloud Patching
- Feature Extraction
- Digital Models
  - Digital Terrain Models (DTM)
  - Digital Surface Models (DSM)
  - Digital Elevation Models (DEM)
- Classification
  - Object Classification or Identification
  - Land Cover and Change Detection

Segment by End use:

Government & Military
- National Space Agencies
- Departments of Defense
- National Security Agencies
- Academic and Research Institutions
- Departments of Environment & Agriculture
- National Mapping & Topographic Agencies
- Others
Commercial
- Geological Companies
- Mapping and Cartographic Companies
- Mining, Oil, and Gas Companies
- Transport, Construction, and Infrastructure Companies
- Satellite Operators/Owners
- Media and Entertainment
- Others

Segment by Vertical:

Energy & Power
- Mining and Mineral Exploration
- Oil and Gas Operation
- Pipeline and Transmission Survey
Engineering & Infrastructure
- 3D Urban and Terrain Modeling (DTM)
- Airport Mapping
- Land & Urban Management
Defense & Security
- Maritime and Land Surveillance Activities
- Critical Infrastructure Protection
- Crime Mapping
- Monitoring of Airfields
Environmental
- Global Climate Change
- Land Cover and Change Detection
- Air & Water Pollution
- Natural Disasters
- Natural Hazards
Agriculture
- Crop Type Identification
- Precision Farming
Maritime
- Ports & Harbors Monitoring
- Coastal Management (Survey Waters, Detect Vessels, Track Activities)
Forestry
Transportation & Logistics
Insurance
- Flood Monitoring
- Property Damage Estimation

Segment by Region:

North America
- United States of America
- Canada
Asia Pacific
- China
- Japan
- India
- Rest of APAC
Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)

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