Press release
Satellite Data Services Market 2022 Growth Opportunities, Top Players, Regions, Application, And Forecast To 2030
Satellite Data Services Market
A Satellite data services is referred to as the method of gathering crucial data about the earth using manmade satellites. These satellites predominantly provide information regarding weather and surface changes on the earth by capturing related images. These photographs are then utilized by commercial and public authorities for applications such as weather reporting, environment monitoring & management, security surveillance, along with the mapping of construction projects, among others.
What are the growth determinants and restraints of this industry vertical?
The escalating demand for satellite data from a wide array of industries along with the privatization of the space sector are the primary factors augmenting the outlook of this business sphere. Alongside, rapid evolution in earth observation imagery and analytics is adding momentum to the market development.
Furthermore, the growing adoption of advanced technologies such as machine learning, AI, and cloud computing in the space segment is creating lucrative opportunities for the industry sphere to prosper. Also, increase in the utilization of satellite based information to facilitate the efficient development of connected vehicles and smart cities is fueling the market expansion. Besides, rising R&D investments in the field along with surge in space exploration activities are positively swaying the dynamics of this business sphere. Moreover, the elevating demand to obtain real time satellite images on smart devices owing to the emergence of advanced features like google earth is stimulating the overall industry outlook.
Get the Sample @ https://wemarketresearch.com/sample-request/satellite-data-services-market/199/
The market is anticipated to grow as a result of factors such the surge in demand for satellite data from different industrial verticals, the rise in demand for earth observation satellites, and the privatisation of the space industry. However, the market's expansion is hampered by strict government restrictions governing the use of satellites and a paucity of launchers specifically designed to carry small satellites. Additionally, the growing use of artificial intelligence (AI), machine learning (ML), and cloud computing in the space industry, as well as the development of smart cities and connected vehicles using satellite data, as well as the growth of the NewSpace movement, are all predicted to present lucrative opportunities for market expansion.
Segmental Analysis Of Global Satellite Data Services Market:
Based on vertical
• Energy & power
• Defence & intelligence
• Environment
• Transportation & logistics
• Engineering & infrastructure
• Maritime
• Insurance
• Agriculture
The agriculture segment is poised to amass notable gains over 2022-2030 owing to the growing utilization of satellite images for the evaluation of crop conditions and yields.
In terms of service
• Analytics
• Image data
The data analytics segment is expected to generate significant returns over the estimated timeline due the growing demand for data analytics services to cater to the development of GIS maps.
On the basis of end use
• Commercial
• Government
• Military
The government & military segment is anticipated to dominate the market in terms of volume share. This is credited to the increasing utilization of high-quality satellite imagery for border monitoring and surveillance purposes.
Purchase Full Report: https://wemarketresearch.com/purchase/satellite-data-services-market/199/?license=single
Geographical Ambit:
North America, Middle East & Africa, Europe, Asia Pacific, and Latin America are the major regions constituting the geographical terrain of the business sphere. Among these, North America is projected to capture a high revenue share over 2022-2030. This is attributable to the increasing space exploration activities, availability of adequate infrastructure, and rising R&D investments in the field.
Key Market Players:
The prominent players defining the competitive gamut of global satellite data services industry are Airbus S.A.S., East View Geospatial Inc., ImageSat International (ISI), L3Harris Technologies, Inc., Maxar Technologies, Planet Labs Inc., Satellite Imaging Corporation, SpecTIR LLC, Trimble Inc., and Ursa Space Systems Inc.
Notably, in June 2021, the UK Royal Navy offered a 12- month contract to Airbus to provide satellite-based surveillance services for one of its security centres.
Frequently Asked Questions About This Report:
• How big is the satellite data services market?
• What is the satellite data services market growth?
• Which segment accounted for the largest satellite data services market share?
• Who are the key players in satellite data services market?
• What are the factors driving the satellite data services market?
Visit Our More Blogs: https://www.linkedin.com/pulse/satellite-data-services-market-2022-growth-regions-type-anamika-tawar
Contact Us:
We Market Research
Phone: +1(929)-450-2887
Email: sales@wemarketresearch.com
About We Market Research
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Satellite Data Services Market 2022 Growth Opportunities, Top Players, Regions, Application, And Forecast To 2030 here
News-ID: 2738688 • Views: …
More Releases from We Market Research
Semiconductor Manufacturing Equipment Market Is Projected To Reach USD 149,700 M …
The global Semiconductor Manufacturing Equipment market size was valued at USD 91,200 million in 2022 and is projected to reach USD 149,700 million by 2033, growing at a CAGR of 10.5% during the forecast period.
Equipment used to generate different semiconductor goods is referred to as semiconductor equipment and is a crucial supporting component in the semiconductor industrial chain. The semiconductor business is technologically led by semiconductor equipment. The creation of…
Satellite Ground Station Market Is Projected To Reach USD 115,860 Million By 203 …
The global Satellite Ground Station market size was valued at USD 61,350 million in 2022 and is projected to reach USD 115,860 million by 2033, growing at a CAGR of 13.8% during the forecast period.
The market for buildings, furnishings, and devices that are used to communicate with and manage satellites is referred to as the global satellite ground station market. Establishing communication channels, sending and receiving data, and managing satellite…
Video Surveillance as a Service (VSaaS) Market Analysis by Type, Vertical -Forec …
Introduction
The global video surveillance as a service (VSaaS) market has witnessed substantial growth in recent years. With advancements in technology and the increasing need for enhanced security measures, businesses and organizations are turning to VSaaS solutions to monitor and protect their assets. This article explores the key aspects of the Global Video Surveillance As A Service Market, including market trends, growth drivers, and the major players in the industry.
Click Here,…
R600a Refrigerant Market by Type, By Application And By Region, Forecast From 20 …
Introduction
Welcome to our in-depth analysis of the Global R600a Refrigerant Market. In this article, we will explore the various aspects of the market, including its current state, growth prospects, key players, and future trends. R600a refrigerant, also known as isobutane, is a hydrocarbon with excellent thermodynamic properties that make it suitable for a wide range of refrigeration applications. With increasing concerns about environmental impact, R600a has gained significant traction due…
More Releases for Satellite
Satellite Transponders Market to Witness Huge Growth by 2026| APT Satellite Comp …
Latest released the research study on Global Satellite Transponders Market, offers a detailed overview of the factors influencing the global business scope. Satellite Transponders Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Satellite Transponders.
The study covers emerging player's data, including: competitive…
Satellite Transponders Leasing Market Is Booming Worldwide | SingTel Optus, MEAS …
HTF MI recently introduced Global Satellite Transponders Leasing Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Intelsat, SES, Eutelsat, SingTel Optus, MEASAT satellite systems, Asia Broadcast…
Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and …
The global satellite market is driven by increase in demand for direct to home (DTH) television, high definition TV conversion, and intercontinental transmission in developed economies. In addition, continuous growth of video diffusion and internet access, increase in demand for digital TV and growth in communication and broadcasting market fuels the market growth. However, technology risk, spectrum access risk, and increase in competition from fiber optical cable limit the market…
Satellite Market by Type (Large Satellite, Mini Satellite, Micro Satellite, and …
The global satellite market is segmented on the basis of type, end user, and application. Type segment covered in this study include large satellite, mini satellite, micro satellite, and nano satellite. Based on end user, the market is categorized into commercial, civil, government, and others. On the basis of application, the market is divided into scientific research, technology demonstration and verification, earth observation and remote sensing, scientific research, communication, and…
Satellite Transponders Leasing Market Outlook to 2025 - MEASAT satellite systems …
The satellite transponders leasing market is anticipated to grow at a CAGR of 4.43% during the forecast period of 2015-2025 and accounts for US$ 19,225.3 Mn in the year 2025.
An exclusive Satellite Transponders Leasing market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Satellite Transponders Leasing Market By Type, By Application, By…
Satellite Transponders Leasing Market Outlook to 2025 – Intelsat, SES, Telesat …
ReportsWeb.com added “Satellite Transponders Leasing Market - Global Trends, 2018 Analysis and 2025 Forecasts” report to its research database. This Report is spread across 150 Pages and Supported by 10 Company Leaders.
Satellite transponders are small chip size circuits that are integrated into satellites for the purpose of transmitting the uplink data/information to the downlink and vice-versa. The rising trend of advanced channel broadcasting has escalated the demand for satellite transponders…
