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
- Western 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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