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Satellite Data Services Market by Vertical (Energy & Power, Defense & Intelligence, Engineering & Infrastructure, Environmental, Agriculture, Maritime, Insurance and Transportation & Logistics), Service (Data Analytics and Image Data), End-Use (Commercial and Government & Military): Global Opportunity Analysis and Industry Forecast, 2020–2027

A06428
Pages: 252
Dec 2020 | 1983 Views
 
Author(s) : Akshay Jadhav , Sonia Mutreja
Tables: 109
Charts: 62
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Satellite Data Services Market Statistics - 2027

The global satellite data services market was valued at $5.52 billion in 2019, and is projected to reach $19.36 billion by 2027, registering a CAGR of 19.1%. 

Unlike other industries, the satellite industry have also suffered due to the COVID-19 disease. Therefore, the satellite data service market will also experience a dip in 2020 owing to the COVID-19 pandemic. The temporary lockdown of various design, development, and manufacturing facilities with limited operational launch stations is limiting the market growth during pandemic. According to Daniel Kim, (managing director of Oversea Business for KTSAT), the satellite service operator is experiencing difficulties with the COVID-19 pandemic, as customers and partners have had delays in completing projects and making payments.

Satellite data service is the process of collecting information about the Earth, gathered by manmade satellites in their orbits. Satellites deliver information about surface and weather changes on the planet. Satellite data services deal with capturing images of Earth or other planets with assistance of imaging satellites. Utilizing these images for commercial purposes is known as commercial satellite imaging, which includes various applications such as environment monitoring & management, security of energy resources, surveillance of border areas, and mapping of constructional projects. In addition, earth imagery is vital in various applications, including infrastructure planning & construction, exploitation of new energy sources, disaster management, green mapping, traffic management, and topographical mapping. The most common use for satellite data is in Earth Observation (EO). Moreover, satellite data is widely used in development of smart cities and connected vehicles. Urban planners are using this data to understand settlement trends and ensure efficient infrastructure management.

Satellite-Data-Service-Market-2020-2027

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Factors such as surge in demand for satellite data from various industry verticals, increase in demand for earth observation satellites, and privatization of the space industry are expected to drive the market growth. However, stringent government regulations for implementation of satellite and lack of dedicated launch vehicles for small satellites hinder the market growth. Further, increase in adoption of artificial intelligence (AI), machine learning (ML), and cloud computing in the space sector; rise in use of satellite data in development of smart cities and connected vehicles; and rise in NewSpace movement are some of the factors that are expected to offer lucrative opportunities for the market growth.

Satellite Data Services Market
By Vertical

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Defense & Intelligence is projected as the most lucrative segments

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The market is segmented on the basis of vertical, service, end use, and region. On the basis of vertical, the market is bifurcated into energy & power, defense & intelligence, engineering & infrastructure, environmental, agriculture, maritime, insurance and transportation & logistics. By service, it is divided into data analytics and image data. On the basis of end-use, it is categorized into commercial and government & military. Region wise, it is studied across North America, Europe, Asia-Pacific, and LAMEA. 

Airbus S.A.S., East View Geospatial Inc., ImageSat International, L3Harris Technologies, Inc., Maxar Technologies, Planet Labs Inc., Satellite Imaging Corporation, SpecTIR LLC, Trimble Inc. and Ursa Space Systems Inc are some of the leading key players operating in the satellite data services market.

Satellite Data Services Market
By Service

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Data Analytics is projected as the most lucrative segments

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Surge in the demand for satellite data from various industry verticals

Satellite data services help to store all data and deliver the same to respective operators. These services are majorly utilized by military & defense and agriculture department across the globe. Moreover, rise in unpredictable atmospheric behaviour, owing to rise in global warming increases satellite data services demand in earth observation and disaster management department. Furthermore, rise in adoption of satellite data for various mapping applications such as Google Earth and Bing Maps, Geographic Information Systems (GIS), oil & mineral exploration, and 3D city models boost demand for satellite data services. In addition, growth in use of satellite data for land mapping, disaster mitigation planning and recovery, autonomous vehicles, and maritime operation also propels demand for data services. Therefore, increase in demand for satellite data services market from various industry verticals including agriculture, energy & power, engineering & infrastructure, environmental, and maritime drive growth of the market.

Increase in demand for earth observation satellites

Earth observation satellite is used for non-military applications such as environmental monitoring, meteorology, and map-making. All countries across the world are very much aware about global warming. These countries are also taking initiatives to reduce or to control it. To reduce the global warming, observation of earth by various prospective is required. To observe changing and unpredictable behavior of earth, demand for small satellites has increased. In addition, rise in demand for orthoimagery for base maps for wetlands, soil, farm-field boundary, forest inventory, and other natural-resource mapping, analysis, and planning applications also boost demand for earth observation satellites. Therefore, there has been increase in demand for earth observation satellites for such applications, which is expected to propel growth of the satellite data services market.  

Satellite Data Services Market
By End-Use

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Commercial is projected as the most lucrative segments

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Lack of dedicated launch vehicles for small satellites

Satellite data services usually provide by the number of small satellites from space. These satellites have typically smaller budgets and development time-scales. Thus, absence of sufficiently inexpensive dedicated launch vehicles for delivery of small satellites to orbit presents a significant barrier for development of satellite data services. Although this issue of access-to-orbit would be addressed by secondary payload launch opportunities, where satellite operators can either share launch vehicle capacity through clustering or rideshare agreements. However, the cost of secondary payload opportunities is generally greater than specific cost of the launch vehicle itself. Therefore, lack of dedicated launch vehicle for small satellites is anticipated to hinder growth of the satellite data services market.

Increase in adoption of artificial intelligence (AI), machine learning (ML) and cloud computing in the space sector

AI-based platforms offer insights on previously inaccessible factors such as social, industrial, and economic processes. In addition, Machine Learning (ML) algorithms are increasingly used to process daily satellite imagery to classify and detect objects, locate geographic and topographic features, and monitor minute changes over a span of time. Moreover, ML and AI automated algorithms can accurately detect various things visible on earth from the space such as cars at parking lots, crop yield and geo-sensing in agricultural fields. Furthermore, amalgamation of cloud computing with satellite imagery enables researchers to access imagery data from remote locations. Cloud technology enables organizations to gain access to historic data, which may be used for analysis. AI and ML can be also used for satellite data-based aerial view monitoring and data analysis. Thus, rise in adoption of artificial intelligence (AI) and machine learning (ML) in the space sector has created numerous opportunities for growth of the satellite data services market. 

Satellite Data Services Market
By Region

2027
North America 
Europe
Asia-pacific
Lamea

North America would exhibit the highest CAGR of 19.30% during 2020-2027.

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Covid-19 Scenario Analysis 

  • The temporary lockdown of various design, development, and manufacturing facilities with limited operational launch stations is limiting the market growth.
  • For most of the large space manufacturers, the COVID-19 pandemic has hampered mission-deployments along with slowing down new product deliveries due to disruption of the supply chain. 
  • During the outbreak, satellite imagery and analytics firms see growing interest in remote monitoring of facilities that have become harder to reach due to travel restrictions. Industry participants see short-term disruption in satellite development and its services during outbreak, which may create new opportunities for adoption of satellite data services. 

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global satellite data services market analysis along with current trends and future estimations to depict imminent investment pockets.
  • The overall satellite data services market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global satellite data services market with a detailed impact analysis.
  • The current satellite data services market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Vertical

  • Energy & Power
  • Defense & Intelligence
  • Engineering & Infrastructure
  • Environmental
  • Agriculture
  • Maritime
  • Insurance
  • Transportation & Logistics

By Service

  • Data Analytics
  • Image Data

By End Use

  • Commercial
  • Government & Military

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK 
    • Germany 
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan 
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Airbus S.A.S.
  • East View Geospatial Inc.
  • ImageSat International
  • L3Harris Technologies, Inc.
  • Maxar Technologies
  • Planet Labs Inc.
  • Satellite Imaging Corporation
  • SpecTIR LLC
  • Trimble Inc.
  • Ursa Space Systems Inc.
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis (2019)
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Surge in the demand for satellite data from various industry verticals
3.5.1.2.Increasing demand for earth observation satellites
3.5.1.3.Privatization of the space industry

3.5.2.Restraints

3.5.2.1.Stringent government regulations for the implementation and use of satellite
3.5.2.2.Lack of dedicated launch vehicles for small satellites

3.5.3.Opportunities

3.5.3.1.Increased adoption of artificial intelligence (AI), machine learning (ML) and cloud computing in the space sector
3.5.3.2.Rising the use of satellite data in the development of smart cities and connected vehicles
3.5.3.3.Rising NewSpace movement

3.6.Impact of COVID-19 on Market

3.6.1.Evolution of Outbreaks

3.6.1.1.COVID-19

3.6.2.Micro Economic Impact Analysis

3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends

3.6.3.Macro-Economic Impact Analysis

3.6.3.1.GDP
3.6.3.2.Import/Export Analysis
3.6.3.3.Employment Index
3.6.3.4.Macro-Economic Indicators Projections

3.6.4.Impact on satellite data service industry analysis

CHAPTER 4:GLOBAL SATELLITE DATA SERVICES MARKET, BY VERTICAL

4.1.Overview
4.2.Energy & Power

4.2.1.Key market trends, growth factors and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis by country

4.3.Defense & Intelligence

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis by country

4.4.Engineering & Infrastructure

4.4.1.Key market trends, growth factors and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis by country

4.5.Environmental

4.5.1.Key market trends, growth factors and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis by country

4.6.Agriculture

4.6.1.Key market trends, growth factors and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis by country

4.7.Maritime

4.7.1.Key market trends, growth factors and opportunities
4.7.2.Market size and forecast, by region
4.7.3.Market analysis by country

4.8.Insurance

4.8.1.Key market trends, growth factors and opportunities
4.8.2.Market size and forecast, by region
4.8.3.Market analysis by country

4.9.Transportation & Logistics

4.9.1.Key market trends, growth factors and opportunities
4.9.2.Market size and forecast, by region
4.9.3.Market analysis by country

CHAPTER 5:GLOBAL SATELLITE DATA SERVICES MARKET, BY SERVICE

5.1.Overview
5.2.Data analytics

5.2.1.Key market trends, growth factors and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis by country

5.3.Image data

5.3.1.Key market trends, growth factors and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis by country

CHAPTER 6:GLOBAL SATELLITE DATA SERVICES MARKET, BY END-USE

6.1.Overview
6.2.Commercial

6.2.1.Key market trends, growth factors and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis by country

6.3.Government & Military

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country

CHAPTER 7:SATELLITE DATA SERVICES MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by vertical
7.2.3.Market size and forecast, by service
7.2.4.Market size and forecast, by end-use
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by vertical
7.2.5.1.2.Market size and forecast, by service
7.2.5.1.3.Market size and forecast, by end-use

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by vertical
7.2.5.2.2.Market size and forecast, by service
7.2.5.2.3.Market size and forecast, by end-use

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by vertical
7.2.5.3.2.Market size and forecast, by service
7.2.5.3.3.Market size and forecast, by end-use

7.3.Europe

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by vertical
7.3.3.Market size and forecast, by service
7.3.4.Market size and forecast, by end-use
7.3.5.Market size and forecast, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by vertical
7.3.5.1.2.Market size and forecast, by service
7.3.5.1.3.Market size and forecast, by end-use

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by vertical
7.3.5.2.2.Market size and forecast, by service
7.3.5.2.3.Market size and forecast, by end-use

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by vertical
7.3.5.3.2.Market size and forecast, by service
7.3.5.3.3.Market size and forecast, by end-use

7.3.5.4.Russia

7.3.5.4.1.Market size and forecast, by vertical
7.3.5.4.2.Market size and forecast, by service
7.3.5.4.3.Market size and forecast, by end-use

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by vertical
7.3.5.5.2.Market size and forecast, by service
7.3.5.5.3.Market size and forecast, by end-use

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by vertical
7.4.3.Market size and forecast, by service
7.4.4.Market size and forecast, by end-use
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by vertical
7.4.5.1.2.Market size and forecast, by service
7.4.5.1.3.Market size and forecast, by end-use

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by vertical
7.4.5.2.2.Market size and forecast, by service
7.4.5.2.3.Market size and forecast, by end-use

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by vertical
7.4.5.3.2.Market size and forecast, by service
7.4.5.3.3.Market size and forecast, by end-use

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by vertical
7.4.5.4.2.Market size and forecast, by service
7.4.5.4.3.Market size and forecast, by end-use

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by vertical
7.4.5.5.2.Market size and forecast, by service
7.4.5.5.3.Market size and forecast, by end-use

7.5.LAMEA

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by vertical
7.5.3.Market size and forecast, by service
7.5.4.Market size and forecast, by end-use
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by vertical
7.5.5.1.2.Market size and forecast, by service
7.5.5.1.3.Market size and forecast, by end-use

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by vertical
7.5.5.2.2.Market size and forecast, by service
7.5.5.2.3.Market size and forecast, by end-use

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by vertical
7.5.5.3.2.Market size and forecast, by service
7.5.5.3.3.Market size and forecast, by end-use

CHAPTER 8:COMPANY PROFILES

8.1.Airbus S.A.S.

8.1.1.Company overview
8.1.2.Company snapshot
8.1.3.Operating business segments
8.1.4.Product portfolio
8.1.5.Business performance
8.1.6.Key strategic moves and developments

8.2.East View Geospatial Inc.

8.2.1.Company overview
8.2.2.Company snapshot
8.2.3.Product portfolio
8.2.4.Key strategic moves and developments

8.3.ImageSat International (ISI)

8.3.1.Company overview
8.3.2.Company snapshot
8.3.3.Product portfolio
8.3.4.Key strategic moves and developments

8.4.L3Harris Technologies, Inc.

8.4.1.Company overview
8.4.2.Company snapshot
8.4.3.Operating business segments
8.4.4.Product portfolio
8.4.5.Business performance
8.4.6.Key strategic moves and developments

8.5.Maxar Technologies

8.5.1.Company overview
8.5.2.Company snapshot
8.5.3.Operating business segments
8.5.4.Product portfolio
8.5.5.Business performance
8.5.6.Key strategic moves and developments

8.6.Planet Labs Inc.

8.6.1.Company overview
8.6.2.Company snapshot
8.6.3.Product portfolio
8.6.4.Key strategic moves and developments

8.7.Satellite Imaging Corporation

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Product portfolio

8.8.SpecTIR LLC

8.8.1.Company overview
8.8.2.Company snapshot
8.8.3.Product portfolio
8.8.4.Key strategic moves and developments

8.9.Trimble Inc.

8.9.1.Company overview
8.9.2.Company snapshot
8.9.3.Operating business segments
8.9.4.Product portfolio
8.9.5.Business performance
8.9.6.Key strategic moves and developments

8.10.Ursa Space Systems Inc.

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Product portfolio
8.10.4.Key strategic moves and developments

LIST OF TABLES

TABLE 01.MACRO-ECONOMIC INDICATORS PROJECTIONS
TABLE 02.SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019-2027 ($MILLION)
TABLE 03.SATELLITE DATA SERVICES MARKET FOR ENERGY & POWER, BY REGION 2019-2027 ($MILLION)
TABLE 04.SATELLITE DATA SERVICES MARKET FOR DEFENSE & INTELLIGENCE, BY REGION 2019-2027 ($MILLION)
TABLE 05.SATELLITE DATA SERVICES MARKET FOR ENGINEERING & INFRASTRUCTURE, BY REGION 2019-2027 ($MILLION)
TABLE 06.SATELLITE DATA SERVICES MARKET FOR ENVIRONMENTAL, BY REGION 2019-2027 ($MILLION)
TABLE 07.SATELLITE DATA SERVICES MARKET FOR AGRICULTURE, BY REGION 2019-2027 ($MILLION)
TABLE 08.SATELLITE DATA SERVICES MARKET FOR MARITIME, BY REGION 2019-2027 ($MILLION)
TABLE 09.SATELLITE DATA SERVICES MARKET FOR INSURANCE, BY REGION 2019-2027 ($MILLION)
TABLE 10.SATELLITE DATA SERVICES MARKET FOR TRANSPORTATION & LOGISTICS, BY REGION 2019-2027 ($MILLION)
TABLE 11.SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019-2027 ($MILLION)
TABLE 12.SATELLITE DATA SERVICES MARKET FOR DATA ANALYTICS, BY REGION 2019-2027 ($MILLION)
TABLE 13.SATELLITE DATA SERVICES MARKET FOR 9 IMAGE DATA, BY REGION 2019-2027 ($MILLION)
TABLE 14.SATELLITE DATA SERVICES MARKET, BY END-USE, 2019-2027 ($MILLION)
TABLE 15.SATELLITE DATA SERVICES MARKET FOR COMMERCIAL, BY REGION 2019-2027 ($MILLION)
TABLE 16.SATELLITE DATA SERVICES MARKET FOR GOVERNMENT & MILITARY, BY REGION 2019-2027 ($MILLION)
TABLE 17.SATELLITE DATA SERVICES MARKET, BY REGION 2019–2027 ($MILLION)
TABLE 18.NORTH AMERICA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 21.U.S. SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 22.U.S. SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 23.U.S. SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 24.CANADA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 25.CANADA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 26.CANADA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 27.MEXICO SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 28.MEXICO SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 29.MEXICO SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 30.EUROPE SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 31.EUROPE SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 32.EUROPE SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 33.UK SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 34.UK SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 35.UK SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 36.GERMANY SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 37.GERMANY SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 38.GERMANY SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 39.FRANCE SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 40.FRANCE SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 41.FRANCE SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 42.RUSSIA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 43.RUSSIA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 44.FRANCE SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 45.REST OF EUROPE SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 46.REST OF EUROPE SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 47.REST OF EUROPE SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 48.ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 49.ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 50.ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 51.CHINA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 52.CHINA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 53.CHINA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 54.JAPAN SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 55.JAPAN SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 56.JAPAN SATELLITE DATA SERVICES MARKET, BY EN-USE, 2019–2027 ($MILLION)
TABLE 57.INDIA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 58.INDIA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 59.INDIA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 60.SOUTH KOREA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 61.SOUTH KOREA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 62.SOUTH KOREA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 64.REST OF ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 65.REST OF ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 66.LAMEA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 67.LAMEA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 68.LAMEA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 69.LATIN AMERICA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 70.LATIN AMERICA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 71.LATIN AMERICA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 72.MIDDLE EAST SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 73.MIDDLE EAST SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 74.MIDDLE EAST SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 75.AFRICA SATELLITE DATA SERVICES MARKET, BY VERTICAL, 2019–2027 ($MILLION)
TABLE 76.AFRICA SATELLITE DATA SERVICES MARKET, BY SERVICE, 2019–2027 ($MILLION)
TABLE 77.AFRICA SATELLITE DATA SERVICES MARKET, BY END-USE, 2019–2027 ($MILLION)
TABLE 78.AIRBUS S.A.S.: COMPANY SNAPSHOT
TABLE 79.AIRBUS S.A.S.: OPERATING SEGMENTS
TABLE 80.AIRBUS S.A.S.: PRODUCT PORTFOLIO
TABLE 81.AIRBUS S.A.S.: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 82.EAST VIEW GEOSPATIAL INC.: COMPANY SNAPSHOT
TABLE 83.EAST VIEW GEOSPATIAL INC.: PRODUCT PORTFOLIO
TABLE 84.EAST VIEW GEOSPATIAL INC.: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 85.IMAGESAT INTERNATIONAL: COMPANY SNAPSHOT
TABLE 86.IMAGESAT INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 87.L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 88.L3HARRIS TECHNOLOGIES, INC.: OPERATING SEGMENTS
TABLE 89.L3HARRIS TECHNOLOGIES, INC.: PRODUCT PORTFOLIO
TABLE 90.L3HARRIS TECHNOLOGIES, INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.MAXAR TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 92.MAXAR TECHNOLOGIES: OPERATING SEGMENTS
TABLE 93.MAXAR TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 94.MAXAR TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 95.PLANET LABS INC.: COMPANY SNAPSHOT
TABLE 96.PLANET LABS INC.: PRODUCT PORTFOLIO
TABLE 97.PLANET LABS INC.: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 98.SATELLITE IMAGING CORPORATION: COMPANY SNAPSHOT
TABLE 99.SATELLITE IMAGING CORPORATION: PRODUCT PORTFOLIO
TABLE 100.SPECTIR LLC: COMPANY SNAPSHOT
TABLE 101.SPECTIR LLC: PRODUCT PORTFOLIO
TABLE 102.SPECTIR LLC: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 103.TRIMBLE INC.: COMPANY SNAPSHOT
TABLE 104.TRIMBLE INC.: OPERATING SEGMENTS
TABLE 105.TRIMBLE INC.: PRODUCT PORTFOLIO
TABLE 106.TRIMBLE INC.: KEY STRATEGIC MOVES AND DEVELOPMENT
TABLE 107.URSA SPACE SYSTEMS INC.: COMPANY SNAPSHOT
TABLE 108.URSA SPACE SYSTEMS INC.: PRODUCT PORTFOLIO
TABLE 109.URSA SPACE SYSTEMS INC.: KEY STRATEGIC MOVES AND DEVELOPMENT

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2017–2020*
FIGURE 07.TOP WINNING STRATEGIES, BY YEAR, 2017–2020*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020*
FIGURE 09.LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.HIGH-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 12.LOW-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS (2019)
FIGURE 15.SATELLITE DATA SERVICES MARKET SHARE, BY VERTICAL, 2019–2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR ENERGY & POWER, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR DEFENSE & INTELLIGENCE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR ENGINEERING & INFRASTRUCTURE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR ENVIRONMENTAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR AGRICULTURE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR MARITIME, BY COUNTRY, 2019 & 2027 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR INSURANCE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR TRANSPORTATION & LOGISTICS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.SATELLITE DATA SERVICES MARKET SHARE, BY SERVICE, 2019–2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR DATA ANALYTICS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR IMAGE DATA, BY COUNTRY, 2019 & 2027 (%)
FIGURE 27.SATELLITE DATA SERVICES MARKET SHARE, BY END-USE, 2019–2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR COMMERCIAL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET FOR GOVERNMENT & MILITARY, BY COUNTRY, 2019 & 2027 (%)
FIGURE 30.SATELLITE DATA SERVICES MARKET, BY REGION, 2019-2027 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 32.U.S. SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 33.CANADA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 34.MEXICO SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 35.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 36.UK SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 37.GERMANY SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 38.FRANCE SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 39.RUSSIA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 40.REST OF EUROPE SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 41.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 42.CHINA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 43.JAPAN SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 44.INDIA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 45.SOUTH KOREA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 46.REST OF ASIA-PACIFIC SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 47.COMPARATIVE SHARE ANALYSIS OF SATELLITE DATA SERVICES MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 48.LATIN AMERICA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 49.MIDDLE EAST SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 50.AFRICA SATELLITE DATA SERVICES MARKET, 2019–2027 ($MILLION)
FIGURE 51.AIRBUS S.A.S.: NET SALES, 2017–2019 ($MILLION)
FIGURE 52.AIRBUS S.A.S.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 53.AIRBUS S.A.S.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 54.L3HARRIS TECHNOLOGIES, INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 55.L3HARRIS TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 56.L3HARRIS TECHNOLOGIES, INC.: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 57.MAXAR TECHNOLOGIES: NET SALES, 2017–2019 ($MILLION)
FIGURE 58.MAXAR TECHNOLOGIES: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 59.MAXAR TECHNOLOGIES: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 60.TRIMBLE INC.: NET SALES, 2017–2019 ($MILLION)
FIGURE 61.TRIMBLE INC.: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 62.TRIMBLE INC.: REVENUE SHARE BY REGION, 2019 (%)

 
 

Satellite data services include the collection, analysis and distribution of data regarding weather, military, and agriculture. Satellite data services are preferred in various applications such as military and agriculture due to its features including accuracy, and efficiency. It helps defense department to monitor the activities at border also helps to the agriculture department to monitor the weather to overcome from disasters. The high functionality of satellite imagery data across various industries and rising need for free availability of satellite-based images is expected to drive the market growth. Moreover, rising demand to access real-time satellite imagery feed on mobile devices, due to the popularity of tools such as Google Earth, is further promoting the market growth. Furthermore, rising urban agglomeration and monitoring urbanization of adjoining areas to enable smart city planning and implementation is further augmenting satellite imagery adoption.

At present, satellite data services are widely being used in various applications, including geospatial data acquisition & mapping, defense & intelligence, construction & infrastructure development, natural resource management, conservation & research and others. Numerous companies such as Airbus S.A.S., L3Harris Technologies, Inc., Maxar Technologies, and Planet Labs Inc. have been operating effectively in the satellite data service market to offer advanced services, which further propels the growth of the global market.

The factors such as surge in the demand for satellite data from various industry verticals, increasing demand for earth observation satellites and privatization of the space industry are expected to drive the market growth. However, stringent government regulation for the implementation of satellite and lack of dedicated launch vehicles for small satellites hinders the market growth. Further, increased adoption of artificial intelligence (AI), machine learning (ML) and cloud computing in the space sector, rising the use of satellite data in the development of smart cities and connected vehicles and rising NewSpace movement are some of the factors that are likely to offer lucrative opportunities for market growth.

Among the analyzed regions, North America is the highest revenue contributor, followed by Asia-Pacific, Europe, and LAMEA. On the basis of forecast analysis, North America is expected to maintain its lead during the forecast period, owing to the presence of sophisticated infrastructure to undertake space programs presence of sophisticated infrastructure to undertake space programs. 
 

 
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FREQUENTLY ASKED QUESTIONS?
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A. The global satellite data services market was valued at $5,523.23 million in 2019, and is projected to reach $19,368.41 million by 2027, registering a CAGR of 19.1% from 2020 to 2027.

A. The satellite data service market will experience a moderate dip in 2020 owing to the coronavirus (COVID-19) pandemic. The temporary lockdown of various design, development, and manufacturing facilities with limited operational launch stations is limiting the market growth. Sluggish global economies with a major focus on fighting the pandemic will also negatively impact the market demand.

A. The sample for global satellite data service market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. There are certain upcoming trands in satellite data services such as increased adoption of artificial intelligence (AI), machine learning (ML) and cloud computing in the space sector and also rising the use of satellite data in the development of smart cities and connected vehicles

A. The key growth strategies adopted by the satellite data services industry players includes collaboration, product launch, agreement and partnership. These strategies opted by various industry players is leading to the growth of the satellite services market as well as the players.

A. The company profiles of the top market players of satellite data service industry can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the satellite data service market.

A. North America region is leading the market presently in terms of revenue. However, Europe and Asia-Pacific region is expected to provide more business opportunities for the key players operating in the global satellite data service market.

A. By end-use, Government & Military is expacted to gain traction over the forecast period as well as domainate the market share in the global satellite data service market

A. U.S., Russia, China, has wirnessed as a key matured markets growing in the global satellite data service market

A. The customers those who are working in areas such as construction & infrastructure development, disaster management, traffic management, defense & intelligence, surveillance & security, environment monitoring & management, energy & oil, agriculture monetoring are the key potential players of satellite data service market.

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