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Remote Sensing Services Global Market 2023 : By Technology, Application, Trends And Forecast 2032 | Antrix Corporation Limited, CyberSWIFT Infotech Pvt. Ltd., DigitalGlobe Inc., Ekofastba S.L., Geo Sense Sdn
Remote Sensing Services Market Growth
The Business Research Company's Remote Sensing Services Global Market Report 2023 identifies growth in the cloud computing market as the major driver for the Remote Sensing Services market's growth in the forecast period. Cloud services help to accelerate technology transfer in remote sensing through improved application sharing. Also, it helps to connect remote sensing scientists more directly with the end-users. For instance, according to Cloudward Inc., a US-based developer of cloud-based software solutions, the cloud computing market had a total value of $371.4 billion in 2020. Also, according to Findstack, a UK-based business software company, in the year 2021, 81% of all enterprises have reported that they are using a multi-cloud strategy laid out or in the works.
The global remote sensing services market size is expected to grow from $21.83 billion in 2022 to $25.27 billion in 2023, at a compound annual growth rate (CAGR) of 15.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The remote sensing services market size is expected to grow to $44.8 billion in 2027 at a CAGR of 15.4%.
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Major competitors in the Remote Sensing Services market are Antrix Corporation Limited, CyberSWIFT Infotech Pvt. Ltd., DigitalGlobe Inc., Ekofastba S.L., Geo Sense Sdn. Bhd., Lockheed Martin Corporation, Mallon Technology, Remote Sensing Solutions, Satellite Imaging Corporation, Spectir LLC, Terra Remote Sensing Inc., The Airborne Sensing Corporation, The Sanborn Map Company, Ball Corporation, General Dynamics Mission Systems Inc., Hexagon AB, Space Exploration Technologies Corporation., Stantec Inc., and The Boeing Company.
A key trend in the Remote Sensing Services market includes technological advancement. Major companies operating in the remote sensing services market are focused on developing new technological solutions to strengthen their position in the market. For instance, in February 2022, Thales Alenia Space, a France-based aerospace manufacturer, launched COSMOS-SkyMed, an advanced imaging radar remote sensing satellites for the Italian Space Agency that works on a unique feature of SAR (synthetic aperture radar) sensors.
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The Remote Sensing Services market is segmented -
By Type: Aerial Photography and Remote Sensing, Data Acquisition and Analytics
By Platform: Defense, Media and Entertainment, Homeland Security Agencies, Agriculture, Energy and Power, Scientific Research, Weather Forecasting, Other Platforms
By Resolution Segments: Spatial, Spectral, Temporal, Radiometric
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Remote Sensing Services market.
The Business Research Company's "Global Remote Sensing Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Remote Sensing Services Market Include:
1. Executive Summary
2. Remote Sensing Services Market Characteristics
3. Remote Sensing Services Market Trends And Strategies
4. Remote Sensing Services Market - Macro Economic Scenario
5. Remote Sensing Services Market Size And Growth
……
26. Africa Remote Sensing Services Market
27. Remote Sensing Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Remote Sensing Services Market
29. Remote Sensing Services Market Future Outlook and Potential Analysis
30. Appendix
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