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Global Satellite Data Service Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 140 Pages
  • November 2023
  • Region: Global
  • IMARC Group
  • ID: 5911870
The global satellite data service market size reached US$ 7.8 Billion in 2022. Looking forward, the market is expected to reach US$ 21.2 Billion by 2028, exhibiting a growth rate (CAGR) of 18.13% during 2022-2028.

Satellite data service refers to the process of gathering information about the earth via artificial satellites. It relies on the usage of radio waves to receive, transmit, and retrieve data through a communication network. It helps in providing global coverage, reliability, enhanced speed, and instant installation. As a result, it is widely used in remote and small areas wherein high-speed Internet and data access are not readily available. Besides this, it is extensively utilized in disaster and traffic management, earth observation, and constructional mapping projects.

Global Satellite Data Service Market Trends


Rapid urbanization and rising initiatives for smart city development are among the key factors positively influencing the market. In addition, the rising consumer dependence on smartphones, along with the escalating demand for high-speed Internet services, is contributing to the market growth. In line with this, the increasing need for reliable internet connection at affordable prices across rural and geographically extended locations is bolstering the market growth. Apart from this, the widespread adoption of satellite data services for regular environmental monitoring and management due to the growing concerns about environmental degradation is creating a positive outlook for the market. Additionally, the increasing adoption of the service solution for monitoring border areas and energy resources is acting as another growth-inducing factor. Furthermore, rising investments by several private and public firms in numerous infrastructural development projects worldwide are offering lucrative growth opportunities to manufacturers. Moreover, technological advancements across the aerospace industry, such as the integration of machine learning (ML), artificial intelligence (AI), and cloud computing solutions, are anticipated to propel market growth.

Key Market Segmentation

This research provides an analysis of the key trends in each sub-segment of the global satellite data service market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on service, application and vertical.

Breakup by Service:

  • Data Analytics
  • Image Data

Breakup by Application:

  • Scientific
  • Administrative
  • Commercial

Breakup by Vertical:

  • Defence and Security
  • Energy and Power
  • Agriculture
  • Environmental
  • Engineering and Infrastructure
  • Marine

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Latin America
  • Brazil
  • Mexico
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, Ceinsys Tech Limited, Geospatial Intelligence Pyt. Ltd., Gisat S.R.O., ICEYE, L3harris Technologies Inc., Maxar Technologies Inc., Planet Labs Inc., Satellite Imaging Corporation, Telstra Corporation Limited, Trimble Inc. and Ursa Space Systems Inc.

Key Questions Answered in This Report

1. How big is the global satellite data service market?
2. What is the expected growth rate of the global satellite data service market during 2023-2028?
3. What are the key factors driving the global satellite data service market?
4. What has been the impact of COVID-19 on the global satellite data service market?
5. What is the breakup of the global satellite data service market based on the service?
6. What is the breakup of the global satellite data service market based on the vertical?
7. What are the key regions in the global satellite data service market?
8. Who are the key players/companies in the global satellite data service market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Satellite Data Service Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service
6.1 Data Analytics
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Image Data
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Scientific
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Administrative
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Commercial
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Vertical
8.1 Defence and Security
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Energy and Power
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Agriculture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Environmental
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Engineering and Infrastructure
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Marine
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Airbus SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Ceinsys Tech Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Geospatial Intelligence Pyt. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Gisat S.R.O.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 ICEYE
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 L3harris Technologies Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Maxar Technologies Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Planet Labs Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Satellite Imaging Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Telstra Corporation Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Trimble Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Ursa Space Systems Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio

Companies Mentioned

  • Airbus SE
  • Ceinsys Tech Limited
  • Geospatial Intelligence Pyt. Ltd.
  • Gisat S.R.O.
  • ICEYE
  • L3harris Technologies Inc.
  • Maxar Technologies Inc.
  • Planet Labs Inc.
  • Satellite Imaging Corporation
  • Telstra Corporation Limited
  • Trimble Inc.
  • Ursa Space Systems Inc.

Methodology

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Table Information