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Latin America Commercial Satellite Imaging Market Anticipated to Discern Stable Expansion by 2018 to 2023 | CAGR 11.4%

11-28-2018 08:00 PM CET | IT, New Media & Software

Press release from: Allied Market Research

According to this report, the Latin America commercial satellite imaging market was valued at $98.2 million in 2017 and is projected to reach at $237.3 million by 2025, growing at a CAGR of 11.4% from 2018 to 2025.

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Commercial satellite imaging refers to obtaining images of Earth and space with the help of satellites. Many private companies offer satellite images of Earth along with processing to analyze them for various purposes, including monitoring & detection of vegetation, habitat, oil pipelines infrastructure construction, generation of digital elevation model (DEM), and exploration of natural resources & archaeological sites.


Foreign investment coupled with government investment in the geospatial industry leads to the rapid growth of the commercial satellite imaging market in Latin America. The development of the geospatial industry in the region is the major factor that drives the growth of the commercial satellite imaging market in Latin America.

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Analyst Review

The Latin America commercial satellite imaging market is expected to witness considerable growth during the forecast period, due to emerging technologies in satellite imaging technology, which propel its adoption. In addition, increase in foreign investment and upsurge in the adoption of satellite imaging technology are anticipated to propel the market growth.

Comprehensive and Competitive Analysis of Leading Market Players

•DigitalGlobe Inc.
•Galileo Group Inc.
•Threetek
•Telespazio
•SkyLab Analytics
•Harris Corporation
•Satellogic
•Trimble Navigation Ltd
•Airbus
•UrtheCast Corp.

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About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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