Satellite Data Services Market by Vertical (Energy & Power, Engineering & Infrastructure, Environmental & Weather, Agriculture, Transportation & Logistics, Insurance), Service (Image Data, Data Analytics), End-Use, Region [2021-2026]
Updated on : March 20, 2023
The satellite data services market size is projected to reach USD 16.7 billion by 2026, growing at a CAGR of 23.0% during forecast. This market is expected to witness exponential growth owing to the surge in demand for satellite imagery data across various industries.
This research report categorizes the Satellite Data Services Market by vertical (energy & power, engineering & infrastructure, defense & security, environmental & weather, agriculture, maritime, forestry, transportation & logistics, insurance, academic and research, others ), end-use (government & military, commercial, service providers), by services (image data and data analytics), by deployment (public cloud, private cloud, hybrid cloud), and region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa).
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Satellite Data Services Market Dynamics
Driver: Growth of earth observation imagery and analytics
Earth observation services primarily cover the monitoring of agricultural fields, detection of climatic changes, disaster mitigation, meteorology, and several other resources. The requirement of high-resolution Earth imaging has increased across verticals, as these images can be used for various purposes, such as precise management of land, water, and forest resources. The US government is the largest purchaser of satellite imagery today. For this reason, most smallsat companies, US-based and others, see the US government as a stable long-term customer to get started with.
Restraint: Stringent government space policies and regulations
Government policies at both the nation-state and international levels directly or indirectly influence the evolution of the satellite data services ecosystem and industry. Currently, there is no comprehensive global or domestic on-orbit regulation regime. There are regulations related to the launch and re-entry of satellites in the spectrum, and remote sensing in the US; for example, there are no regulations related to on-orbit activities, such as rendezvous and proximity operations, space-based space situational awareness (SSA), or RF mapping. Internationally, with more than 75 countries engaged in satellite data services activities, a consensus has not been reached, and there are a few indicators that depict that there will be a comprehensive global regime beyond the high-level dictates in the Outer Space Treaty.
Opportunity: Increased government investment in space agencies
The US government invests in every part of the smallsat ecosystem and is likely to continue investing, both in the upstream and downstream, which would positively impact the Satellite Data Services Market. The more interesting development is the increasing investments in smallsats by other governments around the world.
Challenges: Concern over space debris
Space debris refers to the uncontrolled and unwanted fall of no longer functional space vehicles or parts of any size onto earth. Since the beginning of human activities in space, the number of variously defined objects in orbit around the earth has increased exponentially, and the trend is up now more than ever with the new wave of small satellites. NASA and the European Space Agency estimate in their web pages that over 150 million objects are orbiting between the lower earth orbit (LEO) up to 10,000 km from earth’s surface and geostationary earth orbit (GEO), above this mark, for a total weight of more than 5,000 tons.
Agriculture segment to lead the Satellite data services market by verticalduring the forecast period
Based on vertical, the agriculture segment is expected to grow from USD 1billion in 2021 to USD 3 Billion by 2026, at the highest CAGR of 23.7% from 2021-2026. Satellite imagery helps in assessing detailed estimation of crop conditions and yields, the health status of the crops, and the quality of vegetation.
Data analytics segment to lead the Satellite data services market by serviceduring the forecast period
Based on service, the data analytics segment is expected to grow at a higher CAGR of 19.4% during the forecast period. Rising demand for data analytics services like image data processing, feature extraction, digital models, and classification, required to develop GIS maps and analyze data presented in a satellite image would boost the market.
Government & military segment to lead the Satellite data services market by end userduring the forecast period
Based on end-use, the government & military segment is projected to grow from USD 1,431 million in 2021 to USD 4,151 million by 2026 with a CAGR of 23.7% during the forecast period. Increased use of high-quality satellite imagery in the defense sector across nations boosts this segment.
North America to lead the Satellite data services market by region during the forecast period
North America is expected to dominate the market during the forecast period, due to the maximum number of ongoing research studies and investments, the existence of updated infrastructure to undertake space programs, and increased adoption of commercial satellite imaging across industries in the region.
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Artificial intelligence for analytics-based decision making
Artificial intelligence (AI) is disrupting every sector, and Earth observatory (EO) is no exception. AI refers to programs that help in completing tasks that would require human intelligence, such as data analysis, visual perception, speech recognition, and decision-making.
Key Players
Some of the key players operating in the Satellite Data Services Market include Maxar Technologies (US), Planet Labs, Inc. (US), Satellite Imaging Corporation (US), ICEYE (Finland), Earth-i Ltd. (UK), and Airbus (Netherlands). These players cater to various verticals, including energy & power, agriculture, forestry, and defense & security, by providing high-resolution satellite imagery and image processing services for analysis.
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|
Report Metric |
Details |
| Estimated Market Size | USD 5.9 billion |
| Projected Market Size | USD 16.7 billion |
| Growth Rate | 23.0% |
|
Market size available for years |
2018-2026 |
|
Base year considered |
2020 |
|
Forecast period |
2021-2026 |
|
Forecast units |
Value (USD) |
|
Segments covered |
By vertical, end use, service and deployment |
|
Geographies covered |
North America, Asia Pacific, Europe, Middle East & Africa, Latin America |
|
Companies covered |
Maxar Technologies (US), L3Harris Geospatial (US), Airbus (Netherlands), Planet Labs, Inc.(US) and Spire (US), ICEYE (Finland), Satellite Imaging Corporation (US0 and few others. |
This research report categorizes the satellite data services market based on by vertical, end use, service, deployment and regions.
Satellite Data Services Market, By Vertical
-
Energy & Power
- Mining And Mineral Exploration
- Oil And Gas Operation
- Pipeline And Transmission Survey
-
Oil And Gas Exploration
-
Renewable Energy Sources
- Wind Energy
- Solar Energy
- Hydro-Power
- Others
-
Renewable Energy Sources
-
Utility
- Powerline Management
- Underground Utilities Monitoring
- Engineering & Infrastructure
-
Land & Urban Management
- 3d Urban And Terrain Modeling (Dtm)
-
Industrial And Asset Mapping
- Gis Integrated Lidar Mapping
- Defense & Security
- Surveillance
- Critical Infrastructure Protection
- Crime Mapping
-
Monitoring Of Airfields
- Environmental & Weather
- Global Climate Change
- Land Cover And Change Detection
- Air & Water Pollution
- Natural Disasters
- Weather Forecast
-
Agriculture
- Crop Type Identification
- Precision Farming
-
Maritime
- Ports & Harbors Monitoring
- Coastal Management (Survey Waters, Detect Vessels,
- Track Activities, Track Oil Spills)
- Search And Rescue
- Illegal Fishing Monitoring
-
Forestry
- Forest Cover Mapping
- Emergency Wild Fire Monitoring
-
Transportation & Logistics
- Transportation Route Planning
- Transportation And Logistics Site Planning
- Traffic Management
-
Insurance
- Flood Monitoring
- Property Damage Estimation
- Academic And Research
- Others
Satellite Data Services Market, 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
- Service Providers
Satellite Data Services Market, 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
-
Aerial Triangulation
- 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
-
Satellite Data Services Market, By Deployment
- Public Cloud
- Private Cloud
- Hybrid Cloud
-
Satellite Data Services Market, By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Recent Developments
- In October 2021, satellite and aerial survey images revealed oil spreading off the coast of an oil & gas hub in Louisiana. Cleanup crews worked to contain what experts called a substantial oil spill in the Gulf of Mexico, according to an assessment of satellite and aerial survey images, ship tracking data, and interviews with local officials and others engaged in the spill response. The spill was detected in satellite imagery captured by the space technology companies Planet Labs and Maxar Technologies. A black expanse and rainbow sheen of oil spanning at least 10 miles was seen to be spreading in coastal waters about two miles off Port Fourchon, which is an oil & gas hub. An aerial survey image of the spill was captured by the National Oceanic and Atmospheric Administration, US.
- In January 2019, Israel-based ImageSat International's satellites captured the development of a third Chinese Aircraft Carrier under construction near the Jiangnan shipyard in Shanghai. The information allowed intelligence organizations to deduce that the Jiangnan shipyard is being used for more than just the commercial development of ships. The construction of China's first full-sized aircraft carrier is progressing steadily alongside expensive infrastructure work.
Frequently Asked Questions (FAQ):
What are your views on the growth prospect of the Satellite data service market?
Response: The Satellite data service market is expected to grow substantially owing to Growth of earth observation imagery and analytics.
What are the key sustainability strategies adopted by leading players operating in the Satellite data service market?
Response: Key players have adopted various organic and inorganic strategies to strengthen their position in the Satellite data service market. The major Maxar Technologies (US), Planet Labs, Inc. (US), Satellite Imaging Corporation (US), ICEYE (Finland), Earth-i Ltd. (UK), and Airbus (Netherlands) have adopted various strategies, such as contracts and agreements, to expand their presence in the market further.
What are the new emerging technologies and use cases disrupting the Satellite data service market?
Response: Some of the major emerging technologies and use cases disrupting the market include Artificail Intelligence for analytics based decision making, advancemnets in onboard sensor technology, and cloud computing for image storage, etc.
Who are the key players and innovators in the ecosystem of the Satellite data service market?
Response: The key players in the Satellite data service market include Maxar Technologies (US), Planet Labs, Inc. (US), Satellite Imaging Corporation(US), ICEYE (Finland), Earth-i Ltd. (UK), and Airbus (Netherlands).
Which region is expected to hold the highest market share in the Satellite data service market?
Response: Satellite data service market in The North America region is estimated to account for the largest share of XX% of the market in 2021. The market in the asia pacific region is expected to grow at the highest CAGR of XX% during the forecast period.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 28)
1.1 OBJECTIVES OF STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 Satellite Data Services Market SEGMENTATION
1.3.2 REGIONAL SCOPE
FIGURE 2 REGIONAL SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 INCLUSIONS & EXCLUSIONS
1.5 CURRENCY & PRICING
TABLE 1 USD EXCHANGE RATES, 2017—2019
1.6 STUDY LIMITATIONS
1.7 MARKET STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 33)
2.1 RESEARCH DATA
2.1.1 REPORT PROCESS FLOW
FIGURE 3 REPORT PROCESS FLOW
FIGURE 4 Satellite Data Services Market: RESEARCH DESIGN
2.1.2 SECONDARY DATA
2.1.2.1 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Key data from primary sources
2.1.3.2 Breakdown of primaries
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION & REGION
2.1.4 DEMAND-SIDE INDICATORS
2.1.5 SUPPLY-SIDE ANALYSIS
2.2 MARKET SIZE ESTIMATION & METHODOLOGY
2.2.1 MARKET SIZING & FORECASTING
2.2.2 SEGMENTS AND SUBSEGMENTS
2.2.2.1 Key industry insights
2.3 RESEARCH APPROACH & METHODOLOGY
2.3.1 BOTTOM-UP APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
2.3.1.1 COVID-19 impact on market analysis
2.3.2 TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4.1 TRIANGULATION THROUGH PRIMARY AND SECONDARY RESEARCH
2.5 GROWTH RATE ASSUMPTIONS
2.6 ASSUMPTIONS FOR RESEARCH STUDY
2.7 LIMITATIONS
2.8 RISKS
3 EXECUTIVE SUMMARY (Page No. - 44)
FIGURE 9 AGRICULTURE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 10 DATA ANALYTICS SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 11 GOVERNMENT & MILITARY SEGMENT TO LEAD MARKET FOR SATELLITE DATA SERVICES DURING FORECAST PERIOD
FIGURE 12 NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF Satellite Data Services Market IN 2020
4 PREMIUM INSIGHTS (Page No. - 48)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN Satellite Data Services Market
FIGURE 13 RISE IN USAGE OF SATELLITE IMAGERY ACROSS VARIOUS INDUSTRIES DRIVES MARKET GROWTH
4.2 Satellite Data Services Market, BY VERTICAL
FIGURE 14 AGRICULTURE SEGMENT TO GROW AT HIGHEST CAGR FROM 2021-2026
4.3 Satellite Data Services Market, BY SERVICE
FIGURE 15 IMAGE DATA SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD
4.4 Satellite Data Services Market, BY END-USE
FIGURE 16 GOVERNMENT & MILITARY SEGMENT EXPECTED TO DOMINATE MARKET DURING FORECAST PERIOD
4.5 Satellite Data Services Market, BY COUNTRY
FIGURE 17 Satellite Data Services Market IN CHINA PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 51)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 18 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR Satellite Data Services Market
5.2.1 DRIVERS
5.2.1.1 Growth of earth observation imagery and analytics
FIGURE 19 EARTH OBSERVATION, REMOTE SENSING CONSTELLATIONS
5.2.1.2 Significant advancements in geospatial imagery analytics with introduction of AI and big data
FIGURE 20 BIG DATA EARTH OBSERVATION VALUE CHAIN
5.2.1.3 Increased launches of earth observation small satellites and CubeSats
FIGURE 21 NANOSATS AND CUBESATS LAUNCHED, 2016-2021 (UNITS)
5.2.1.4 Privatization of space industry
FIGURE 22 SATELLITE IMAGERY MARKET WORLDWIDE (USD BILLION)
5.2.2 RESTRAINTS
5.2.2.1 Stringent government space policies and regulations
5.2.2.2 Lack of dedicated small satellite launch vehicles
FIGURE 23 SMALL LAUNCHER STATUS
5.2.3 OPPORTUNITIES
5.2.3.1 Increased government investment in space agencies
FIGURE 24 NANOSATS LAUNCHED BY LOCATION
5.2.3.2 Need for real-time remote sensing data
5.2.3.3 Technological developments and innovations in earth observation industry
FIGURE 25 SPACE INVESTMENTS FROM 2000-2019 (USD BILLION)
5.2.4 CHALLENGES
5.2.4.1 Concern over space debris
5.2.4.2 Failure of satellite launch vehicles and satellites
TABLE 4 INSTANCES OF EARTH OBSERVATION SATELLITE LAUNCH FAILURES
5.3 COVID-19 IMPACT ON Satellite Data Services Market
FIGURE 26 COVID-19 IMPACT ON Satellite Data Services Market
FIGURE 27 COVID-19 IMPACT ON SUPPLY AND DEMAND SIDES OF Satellite Data Services Market
5.4 RANGE/SCENARIOS
FIGURE 28 COVID-19 IMPACT: PESSIMISTIC, REALISTIC, AND OPTIMISTIC SCENARIOS OF Satellite Data Services Market
5.5 VALUE CHAIN ANALYSIS OF Satellite Data Services Market
FIGURE 29 VALUE CHAIN ANALYSIS INFOGRAPHICS: Satellite Data Services Market
TABLE 5 MAJOR SEGMENTS IN VALUE CHAIN OF Satellite Data Services Market ARE BROADLY CLASSIFIED AS FOLLOWS.
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR SATELLITE DATA SERVICES MANUFACTURERS
FIGURE 30 REVENUE SHIFT CURVE FOR Satellite Data Services Market
5.7 Satellite Data Services Market ECOSYSTEM
FIGURE 31 ECOSYSTEM MAP: Satellite Data Services Market
5.8 AVERAGE SELLING PRICE OF SATELLITE DATA SERVICES
TABLE 6 HIGH RESOLUTION ARCHIVE PRICING FOR WORLDVIEW-2 AND WORLDVIEW-3, 2020-2021
TABLE 7 HIGH RESOLUTION NEW TASKING FOR WORLDVIEW-2 AND WORLDVIEW-3, 2020-2021
TABLE 8 MEDIUM RESOLUTION ARCHIVE PRICING FOR SPOT6/7, 2020-2021
TABLE 9 MEDIUM RESOLUTION NEW TASKING PRICING FOR SPOT6/7, 2020-2021
TABLE 10 MAXAR (DIGITALGLOBE) AES (ADVANCED ELEVATION SUITE) DIGITAL ELEVATION MODELS PRICING, 2020-2021
5.9 OPERATIONAL DATA
TABLE 11 GLOBAL SATELLITE LAUNCH VOLUME, BY SATELLITE TYPE, 2019–2025
TABLE 12 SATELLITE LAUNCHES, BY PRIME CONTRACTORS (VOLUME), 2019–2025
TABLE 13 SATELLITE LAUNCH VOLUME, BY OPERATORS/OWNERS, 2019–2025 (US AND EUROPE)
5.10 PORTER’S FIVE FORCES ANALYSIS
TABLE 14 SATELLITE DATA SERVICES: PORTER’S FIVE FORCE ANALYSIS
5.10.1 THREAT OF NEW ENTRANTS
5.10.2 THREAT OF SUBSTITUTES
5.10.3 BARGAINING POWER OF SUPPLIERS
5.10.4 BARGAINING POWER OF BUYERS
5.10.5 INTENSITY OF COMPETITIVE RIVALRY
5.11 TARIFF AND REGULATORY LANDSCAPE
5.11.1 NORTH AMERICA
5.11.2 EUROPE
5.11.3 ASIA PACIFIC
5.12 TRADE ANALYSIS
TABLE 15 COUNTRY-WISE IMPORT, 2019–2020 (USD THOUSAND)
TABLE 16 COUNTRY-WISE EXPORTS, 2019–2020 (USD THOUSAND)
6 INDUSTRY TRENDS (Page No. - 77)
6.1 INTRODUCTION
6.2 TECHNOLOGY TRENDS
6.2.1 ARTIFICIAL INTELLIGENCE FOR ANALYTICS-BASED DECISION MAKING
6.2.2 ADVANCEMENTS IN ONBOARD SENSOR TECHNOLOGIES
6.2.3 CLOUD COMPUTING FOR IMAGE STORAGE AND ANALYSIS
TABLE 17 KEY PLATFORMS FOR CLOUD COMPUTING IN Satellite Data Services Market
6.2.4 DATA ANALYTICS AND PROCESSING
FIGURE 32 EARTH OBSERVATION SUPPLY CHAIN
6.2.5 INCREASING USAGE OF HYPERSPECTRAL AND MULTIPLE-SPECTRAL IMAGING IN DATA ANALYSIS
6.2.6 REAL-TIME ACQUISITION AND PROCESSING INTEGRATED DATA SYSTEMS (RAPIDS)
FIGURE 33 LOGICAL STEPS IN RAPIDS NEAR-REALTIME CHAIN: DATA RECEPTION TO GENERATION OF INFORMATION PRODUCT
6.2.7 MINIATURIZATION IN SPACE TECHNOLOGY
6.2.8 ENHANCED SPACE IMAGERY WITH SMALL SATELLITES
6.2.9 DEVELOPMENT OF DEDICATED LAUNCH VEHICLES FOR SMALL SATELLITES
TABLE 18 STATE-OF-THE-ART SMALL SATELLITE - CUBESAT TECHNOLOGIES
6.2.10 ENERGY STORAGE (PRIMARY & SECONDARY BATTERIES)
TABLE 19 CUBESAT BATTERY TECHNOLOGIES
6.3 TECHNOLOGY ANALYSIS
6.3.1 SATELLITE IMAGERY WITH MACHINE LEARNING
6.3.2 ONLINE 3D RECONSTRUCTION BASED ON SATELLITE IMAGERY
6.4 USE CASES
6.4.1 USE CASE: SATELLITE IMAGERY FOR OIL SPILLS RESPONSE
6.4.2 USE CASE: REAL-TIME DATA TO EMERGENCY SYSTEM
6.4.3 USE CASE: SATELLITE IMAGERY UNVEILED EXPENSIVE INFRASTRUCTURE WORK
6.4.4 USE CASE: SAR IMAGERY TO STUDY BAHAMAS FLOODING
6.4.5 USE CASE: SATELLITE IMAGERY FOR INFECTION MAPPING
6.5 IMPACT OF MEGATRENDS
6.5.1 DEVELOPMENT OF LOW-COST ACTIVE DEBRIS REMOVAL TECHNOLOGY
6.5.2 SHIFT IN GLOBAL ECONOMIC POWER
6.5.3 PATENT ANALYSIS
TABLE 20 INNOVATIONS & PATENT REGISTRATIONS, 2020-2021
7 Satellite Data Services Market, BY VERTICAL (Page No. - 89)
7.1 INTRODUCTION
FIGURE 34 AGRICULTURE SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
TABLE 21 Satellite Data Services Market, BY VERTICAL, 2017–2020 (USD MILLION)
TABLE 22 Satellite Data Services Market, BY VERTICAL, 2021–2026 (USD MILLION)
7.2 ENERGY & POWER
7.2.1 MINING AND MINERAL EXPLORATION
7.2.1.1 Efficiency in planning and operations through satellite data aid exploration
7.2.2 OIL & GAS OPERATION
7.2.2.1 Enhanced security in operations via remote monitoring utilizing satellites to drive the segment
7.2.2.2 Pipeline and transmission survey
7.2.2.3 Oil & gas exploration
7.2.3 RENEWABLE ENERGY SOURCES
7.2.3.1 Usage of satellite imagery with AI and big data for assessment of renewable resources to drive the segment
7.2.3.2 Wind energy
7.2.3.3 Solar energy
7.2.3.4 Hydroelectric power
7.2.3.5 Others
7.2.4 UTILITY
7.2.4.1 Satellite technology serves as an effective means to cut down costs and improve efficiency for utility sector
7.2.4.2 Powerline management
7.2.4.3 Underground utility monitoring
7.3 ENGINEERING & INFRASTRUCTURE
7.3.1 LAND & URBAN MANAGEMENT
7.3.1.1 Strategic planning of land use and urban development via GIS maps to drive the segment
7.3.1.2 3D urban and terrain modeling (DTM)
7.3.2 INDUSTRIAL AND ASSET MAPPING
7.3.2.1 Very high-resolution satellite imagery is being utilized to derive commercial benefit in global energy supply chain sector
7.3.2.2 GIS integrated LiDAR mapping
7.4 DEFENSE & SECURITY
7.4.1 SURVEILLANCE
7.4.1.1 Satellite imagery for near real-time monitoring of maritime and land activities to drive the segment
7.4.2 CRITICAL INFRASTRUCTURE PROTECTION
7.4.2.1 Protection and monitoring of assets via satellite data to drive the segment
7.4.3 CRIME MAPPING
7.4.4 MONITORING OF AIRFIELDS
7.4.4.1 Need for real-time data from defense organizations to drive the segment
7.5 ENVIRONMENTAL & WEATHER
7.5.1 GLOBAL CLIMATE CHANGE
7.5.1.1 Understanding the cause-effect relationship of human activity and plans for rectification to drive the segment
7.5.2 LAND COVER AND CHANGE DETECTION
7.5.2.1 Efficient planning and utilization of limited land resources to drive the segment
7.5.3 AIR & WATER POLLUTION
7.5.3.1 Mapping of risk areas via satellite imagery to combat pollution to drive the segment
7.5.4 NATURAL DISASTERS
7.5.4.1 Quick relief, evacuation, and damage estimation via satellite data to drive the segment
7.5.5 WEATHER FORECAST
7.5.5.1 Growing demand for weather monitoring systems by end-user industries to drive the segment
7.6 AGRICULTURE
7.6.1 CROP TYPE IDENTIFICATION
7.6.1.1 Enabling quick classification and species of crop using satellite imagery and machine learning to drive the segment
7.6.2 PRECISION FARMING
7.6.2.1 Need for increased yield in a limited field size to combat projected food deficit to drive the segment
7.7 MARITIME
7.7.1 PORT & HARBOR MONITORING
7.7.1.1 Use of geospatial intelligence with bathymetric data to improve efficiency to drive the segment
7.7.2 COASTAL MANAGEMENT (SURVEY WATERS, DETECT VESSELS, TRACK ACTIVITIES, TRACK OIL SPILLS)
7.7.2.1 Tracking vessels and automatic identification of non-communicative vessels to drive the segment
7.7.3 SEARCH AND RESCUE
7.7.3.1 Durability and wider access of satellite imagery to drive the segment
7.7.4 ILLEGAL FISHING MONITORING
7.7.4.1 Capability of SAR satellite imagery to work under any weather condition to drive the segment
7.8 FORESTRY
7.8.1 FOREST COVER MAPPING
7.8.1.1 Satellite imagery provides longer-term evaluation of forest dynamics
7.8.2 EMERGENCY WILDFIRE MONITORING
7.8.2.1 Satellite imagery provides near real-time feed about wildfires
7.9 TRANSPORTATION & LOGISTICS
7.9.1 TRANSPORTATION ROUTE PLANNING
7.9.1.1 Satellite imagery offers a valuable method of monitoring state of road networks
7.9.2 TRANSPORTATION AND LOGISTICS SITE PLANNING
7.9.2.1 Satellite imagery helps in delivering foundation for an enterprise map
7.9.3 TRAFFIC MANAGEMENT
7.9.3.1 Ability of EO satellites to relieve congestion on roads and monitor accidents to drive the segment
7.10 INSURANCE
7.10.1 FLOOD MONITORING
7.10.1.1 Quickly assess the estimated damage and verify integrity of claims via satellite data
7.10.2 PROPERTY DAMAGE ESTIMATION
7.10.2.1 Accurately estimate damage caused to property due to natural calamities
7.11 ACADEMIC AND RESEARCH
7.11.1 GROWING USAGE OF SATELLITE IMAGERY BY UNIVERSITIES AND STUDENTS TO DRIVE THE SEGMENT
7.12 OTHERS
8 Satellite Data Services Market, BY END USE (Page No. - 107)
8.1 INTRODUCTION
FIGURE 35 BY END USE, COMMERCIAL SEGMENT ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD
TABLE 23 Satellite Data Services Market SIZE, BY END USE, 2017–2020 (USD MILLION)
TABLE 24 Satellite Data Services Market SIZE, BY END USE, 2021–2026 (USD MILLION)
8.2 GOVERNMENT & MILITARY
8.2.1 NATIONAL SPACE AGENCIES
8.2.1.1 Increased use for planet monitoring by space agencies
8.2.2 DEPARTMENTS OF DEFENSE
8.2.2.1 Need for real-time actionable insights for remote operations
8.2.3 NATIONAL SECURITY AGENCIES
8.2.3.1 Wide adoption for monitoring borders and critical infrastructure
8.2.4 ACADEMIC AND RESEARCH INSTITUTIONS
8.2.4.1 Increased use of high-resolution imagery and SAR for academic research
8.2.5 DEPARTMENTS OF ENVIRONMENT & AGRICULTURE
8.2.5.1 Precision agriculture for increasing yield
8.2.6 NATIONAL MAPPING & TOPOGRAPHIC AGENCIES
8.2.6.1 Up-to-date mapping of geological structures
8.2.7 OTHERS
8.3 COMMERCIAL
8.3.1 GEOLOGICAL COMPANIES
8.3.1.1 Extensive use in data collection for scientific databases
8.3.2 MAPPING AND CARTOGRAPHIC COMPANIES
8.3.2.1 Creation of basemaps for other industrial applications
8.3.3 MINING, OIL, AND GAS COMPANIES
8.3.3.1 Monitoring pipelines via satellite in near real-time
8.3.4 TRANSPORT, CONSTRUCTION, AND INFRASTRUCTURE COMPANIES
8.3.4.1 Track large project developments, shipping routes, and construction sites
8.3.5 SATELLITE OPERATORS/OWNERS
8.3.5.1 Increased demand for satellite imagery from various industries for new use cases
8.3.6 MEDIA AND ENTERTAINMENT
8.3.6.1 Use in films for adding realistic scenery
8.3.7 OTHERS
8.4 SERVICE PROVIDERS
9 Satellite Data Services Market, BY SERVICE (Page No. - 115)
9.1 INTRODUCTION
FIGURE 36 DATA ANALYTICS SEGMENT TO REGISTER HIGHER CAGR DURING FORECAST PERIOD
TABLE 25 Satellite Data Services Market SIZE, BY SERVICE, 2017–2020 (USD MILLION)
TABLE 26 Satellite Data Services Market SIZE, BY SERVICE, 2021–2026 (USD MILLION)
9.2 IMAGE DATA
9.2.1 SPATIAL
9.2.1.1 Very high resolution
9.2.1.1.1 Extensive application in defense and security
9.2.1.2 High resolution
9.2.1.2.1 Employed in pipeline monitoring
9.2.1.3 Medium-low resolution
9.2.1.3.1 Need for tracking land cover changes at global level
9.2.2 SPECTRAL
9.2.2.1 Rising demand for base maps in urban development
9.2.3 TEMPORAL
9.2.3.1 Increased usage in 3D urban and land use mapping
9.2.4 RADIOMETRIC
9.2.4.1 Increased use in natural resource monitoring
9.3 DATA ANALYTICS
9.3.1 IMAGE DATA PROCESSING
9.3.1.1 Pan-sharpening
9.3.1.1.1 Growing demand for high-resolution images
9.3.1.2 Orthorectification
9.3.1.2.1 Increased use of topographically diverse landscape in various verticals
9.3.1.3 Mosaicking
9.3.1.3.1 Application of mosaicking in creating 3D terrain maps
9.3.1.4 Cloud patching
9.3.1.4.1 Application of cloud patching in creating GIS maps
9.3.1.5 Aerial Triangulation
9.3.1.5.1 Control and mapping projects to drive market
9.3.2 FEATURE EXTRACTION
9.3.2.1 Need for urban monitoring via satellite to assess development
9.3.3 DIGITAL MODELS
9.3.3.1 Digital Terrain Models (DTM)
9.3.3.1.1 Need for base maps with natural features
9.3.3.2 Digital Surface Models (DSM)
9.3.3.2.1 Needed for vegetation management
9.3.3.3 Digital Elevation Models (DEM)
9.3.3.3.1 Use of base map for other applications
9.3.4 CLASSIFICATION
9.3.4.1 Object classification or identification
9.3.4.1.1 Need to identify and classify objects as friend or enemy
9.3.4.2 Land cover and change detection
9.3.4.2.1 Monitoring impact of urbanization on land and environment
10 Satellite Data Services Market, BY DEPLOYMENT (Page No. - 123)
10.1 INTRODUCTION
10.2 PUBLIC CLOUD
10.3 PRIVATE CLOUD
10.4 HYBRID CLOUD
14 APPENDIX (Page No. - 282)
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 AVAILABLE CUSTOMIZATIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
The research study conducted on the Satellite Data Services Market market involved extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, ITC Trade data and Factiva to identify and collect information relevant to the Satellite Data Services Market market. The primary sources considered included industry experts from the Satellite Data Services Market as well as sub-component manufacturers of satellites, satellite based raw material suppliers, government agencies, technology vendors, system integrators, research organizations, and original equipment manufacturers related to all segments of the value chain of this industry. In-depth interviews with various primary respondents, including key industry participants, Subject Matter Experts (SMEs), industry consultants, and C-level executives, have been conducted to obtain and verify critical qualitative and quantitative information pertaining to the Satellite Data Services Market as well as to assess the growth prospects of the market. Sources from the supply side included various industry experts, such as chief X officers (CXOs), vice presidents (VPs), and directors from business development, marketing, and product development/innovation teams; related key executives from Maxar Technologies (US), L3Harris Geospatial (US), Airbus (Netherlands), Planet Labs, Inc.(US) and Spire (US); independent consultants; importers; distributors of satellite data services; and key opinion leaders.
Secondary Research
Secondary sources that were referred to for this research study included financial statements of companies offering satellite data or imagery services and information from various trade, business, and professional associations, among others. The secondary data was collected and analyzed to arrive at the overall size of the satellite data services market, which was validated by primary respondents.
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Market Size Estimation
- The top-down and bottom-up approaches were used to estimate and validate the size of the satellite data services market. The research methodology used to estimate the market size also included the following details.
- The key players were identified through secondary research, and their market ranking was determined through primary and secondary research. This included a study of the annual and financial reports of the top market players and extensive interviews of leaders, including chief executive officers (CEO), directors, and marketing executives.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by representatives in MarketsandMarkets, and presented in this report.
Market size estimation methodology: Bottom-up approach
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Data Triangulation
After arriving at the overall size of the satellite data services market from the market size estimation process explained above, the total market was split into several segments and subsegments.
Report Objectives
- To define, describe, and forecast the satellite data services market based on vertical, end use, service, deployment, and region.
- To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the satellite data services market
- To forecast the size of various segments of the satellite data services market based on 5 main regions—North America, Europe, Asia Pacific, Middle East & Africa, and South America—along with major countries in each of these regions
- To analyze the micromarkets1 with respect to their individual growth trends, prospects, and contribution to the overall market
- To identify industry trends, market trends, and technology trends prevailing in the market
- To strategically profile the key players and comprehensively analyze their market position in terms of ranking and core competencies2
- To benchmark market players using competitive leadership mapping, which analyzes players based on various parameters within broad business categories and strategies
- To map the competitive intelligence based on company profiles, key strategies, and developments, such as agreements, contracts, partnerships, collaborations, and acquisitions.
1. Micromarkets are defined as the further segments and subsegments of the satellite data services market included in the report.
2. Core competencies of companies are captured in terms of their key developments and strategies adopted to sustain their position in the market.
Available Customizations
Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the market segments at country-level
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in Satellite Data Services Market
I want to know about satellite services (navigation, positioning, and timing services) in Africa, Central Asia, and LATAM.