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Global Earth Observation Satellite Market Overview, Opportunities, Analysis, Growth Impact with Top Key Players like Airbus Group, Digital Globe, DMC International Imaging, and Image Sat
Earth Observation Satellite Market
Report Consultant’s market research analyst predicts the global satellite-based earth observation market to grow steadily at a CAGR of more than 14% during the forecast period.
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Top Key Players:
• Airbus Group
• DigitalGlobe
• DMC International Imaging
• ImageSat, MDA
• BlackBridge Group
• Deimos Imaging (UrtheCast)
• e-GEOS
• GeoOptics
• Geosys
• hisdeSAT Servicios Estrategicos
• PlanetiQ
• Planet Labs
• Satellogic, Skybox Imaging (Google)
The growth drivers for data and services are distinctly different. Defense still dominates the market for commercial data, with the sector alone responsible for over $1 billion in data sales with a focus on very high resolution and high accuracy data sets. Data prices to support defense applications are expected to remain high, a drawback for services development in the civil government and private sector. VAS’ largest markets remain infrastructure and natural resources monitoring, however in order to build these solutions often lower-cost or free data solutions are utilized. This creates a disparity in the value-chain in which high-cost, precision data sets make up most of the defense-driven commercial data market, whereas more services are being built from less expensive, more competitively-priced solutions.
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Key questions answered in the report include
• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global satellite-based earth observation market?
• What are the key market trends impacting the growth of the satellite-based earth observation market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the vendors in the global satellite-based earth observation market?
• What are the trending factors influencing the market shares of APAC, EMEA, Latin America, and North America?
• What are the key outcomes of the five forces analysis of the satellite-based earth observation market?
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