The global satellite data service market size is projected to grow by USD 11.8 billion from 2022 to 2028, registering a CAGR of 18.4 percent, according to a new report by Gen Consulting Company.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global satellite data service market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the satellite data service industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the service, application, end user, and region. The global market for satellite data service can be segmented by service: data analytics, image data. In 2021, the image data segment made up the largest share of revenue generated by the satellite data service market. Satellite data service market is further segmented by application: agriculture, defense & security, energy & power, engineering & infrastructure, environmental, maritime, others. The environmental segment was the largest contributor to the global satellite data service market in 2021. Based on end user, the satellite data service market is segmented into: commercial, government & military, others. On the basis of region, the satellite data service market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).
Market Segmentation
By service: data analytics, image data
By application: agriculture, defense & security, energy & power, engineering & infrastructure, environmental, maritime, others
By end user: commercial, government & military, others
By region: Asia Pacific, Europe, North America, Rest of the World (RoW)
The global satellite data service market is highly concentrated and dominated by only a few companies: Airbus S.A.S., L3Harris Technologies, Inc., Maxar Technologies Inc., Trimble Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.
Scope of the Report
– To analyze and forecast the market size of the global satellite data service market.
– To classify and forecast the global satellite data service market based on service, application, end user, region.
– To identify drivers and challenges for the global satellite data service market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global satellite data service market.
– To identify and analyze the profile of leading players operating in the global satellite data service market.
Why Choose This Report
– Gain a reliable outlook of the global satellite data service market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.