Space Data Analytics Market Report 2025

The space data analytics market size has grown rapidly in recent years. It will grow from $2.94 billion in 2024 to $3.37 billion in 2025 at a compound annual growth rate (CAGR) of 14.6%. The growth during the historic period can be credited to the rise in satellite launches, increased investments in space infrastructure, growing demand for Earth observation, expansion of government space initiatives, and an increasing reliance on geospatial intelligence.

The space data analytics market size is expected to see rapid growth in the next few years. It will grow to $5.74 billion in 2029 at a compound annual growth rate (CAGR) of 14.3%. The growth in the forecast period can be attributed to the rising adoption of artificial intelligence, increasing need for real-time analytics, expansion of commercial space applications, growing utilization of cloud-based platforms, and the rise in public-private space partnerships. Key trends expected during the forecast period include advancements in satellite sensor technologies, innovations in data fusion methods, progress in edge computing, ongoing research and development in machine learning algorithms, and the evolution of integrated analytics platforms.

The rising number of satellite launches is anticipated to drive the growth of the space data analytics market in the coming years. Satellite launches involve deploying spacecraft into Earth’s orbit, a figure that has seen a recent surge. This increase is largely due to the rising demand for global broadband connectivity, with governments and private companies expanding satellite constellations to provide high-speed internet access to remote and underserved areas. Space data analytics play a crucial role in these launches by reducing operational risks and increasing mission success rates. For example, in November 2023, the U.S. International Trade Commission, a federal government agency, reported that global space launches rose from 186 in 2022 to 197 in 2023. As a result, the growing number of satellite launches is contributing significantly to the expansion of the space data analytics market.

Leading companies in the space data analytics industry are prioritizing the development of cutting-edge technologies such as advanced weather modeling to deliver accurate, location-specific forecasts for essential sectors. This weather modeling approach blends satellite-based atmospheric data with proprietary geophysical measurements to simulate hyper-local weather conditions with precise spatial and temporal resolution. For instance, in November 2023, Spire Global, Inc., a U.S.-based space data and analytics firm, introduced High-Resolution Weather Forecast, a regional forecasting solution tailored to the energy and commodities markets. Utilizing data from its satellite network and proprietary radio occultation (RO) technology, the system provides customizable forecasts up to six days in advance with a resolution as fine as 1 kilometer, covering locations worldwide. Key capabilities include enhanced data assimilation, high forecast accuracy, customizable outputs, and round-the-clock meteorologist support. This tool is designed to assist industries in mitigating weather-related risks and making informed decisions.

In August 2022, Slingshot Aerospace, a U.S.-based data analytics company, acquired Seradata for an undisclosed amount. With this acquisition, Slingshot aimed to broaden its reach within the commercial and governmental space sectors while enhancing its capabilities in space domain awareness and space traffic management. Seradata is a UK-based company, specializes in analytics focused on satellite and launch data.

Major players in the space data analytics market are Airbus Defence and Space, Maxar Technologies Inc., ICEYE Oy, Planet Labs PBC, Spire Global Inc., BlackSky Technology Inc., Capella Space Corp., Axelspace Corporation, HawkEye 360 Inc., Kayrros SAS, Spaceflight Industries Inc., Ursa Space Systems Inc., SatSure Analytics India Pvt Ltd., Satellite Imaging Corporation, Earth-i Limited, Satellogic Inc., Geospatial Intelligence Pty Ltd., ImageSat International N.V., LatConnect 60 Pty Ltd, SkyFi Labs, SpaceChain Foundation, SpaceLab Technologies Inc.

North America was the largest region in the space data analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in space data analytics report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the space data analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the information technology sector, particularly in hardware manufacturing, data infrastructure, and software deployment. Higher duties on imported semiconductors, circuit boards, and networking equipment have raised production and operational costs for tech firms, cloud service providers, and data centers. Companies relying on globally sourced components for laptops, servers, and consumer electronics are facing longer lead times and increased pricing pressures. In parallel, tariffs on specialized software tools and retaliatory measures from key international markets have disrupted global IT supply chains and reduced overseas demand for U.S.-developed technologies. To navigate these challenges, the sector is accelerating investments in domestic chip fabrication, diversifying supplier bases, and adopting AI-driven automation to enhance operational resilience and cost efficiency.

Space data analytics involves the collection, processing, and interpretation of information obtained from satellites and other space-based sensors. This process utilizes advanced computational methods to derive valuable insights from vast amounts of space-generated data. The goal of space data analytics is to aid in decision-making by converting raw space data into practical and actionable information.

The primary components of space data analytics are software, hardware, and services. Software consists of the programs and algorithms that regulate, manage, and enhance the performance and activities of a system or device. It is applied in a range of functions such as analyzing satellite images, managing space traffic, observing Earth, monitoring space weather, and more, serving various end-users such as government bodies, defense sectors, commercial enterprises, research institutions, and others.

The space data analytics market research report is one of a series of new reports that provides space data analytics market statistics, including the space data analytics industry global market size, regional shares, competitors with the space data analytics market share, detailed space data analytics market segments, market trends, and opportunities, and any further data you may need to thrive in the space data analytics industry. These space data analytics market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The space data analytics market includes consists of revenues earned by entities by providing services such as data processing and interpretation services, consulting and advisory services, and managed analytics services. The market value includes the value of related goods sold by the service provider or included within the service offering. The space data analytics market includes sales of ground station equipment, onboard satellite sensors, data storage systems, and edge computing devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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