Satellite Data Services Market – Opportunities and Forecast, 2020-2027
This detailed market study covers satellite
data services market growth opportunities and competitive scenarios, which can
assist the stakeholders in understanding market trends and prospects in the satellite
data services market. The market report focuses on data from a combination
of primary and secondary sources and analyses the information using numerous
tools. The research report also offers a detailed analysis of each segment in
the satellite data service and evaluates the impact of the COVID-19 outbreak on
the industry.
Satellite Data Services Market
Competitive Rivalry
The market report includes an analysis of
the competitive landscape present in the industry. It consists of an assessment
of the existing and ongoing trends that players can invest in. The notable
players in the global satellite data services market are Harris Geospatial
Solutions, Inc., Geospatial Intelligence Pyt. Ltd., Earth-i Ltd., Planet Labs,
Inc., Land Info Worldwide Mapping, Satellite Imaging Corporation, Ursa Space
Systems, Airbus SE, Digitalglobe, Inc., Satpalda Geospatial Services, Imagesat
International (ISI), and Gisat S.R.O., among others.
Satellite Data Services Market Drivers
The significant factors contributing to the
growth of the global satellite data services market include the rising number
of advancements in geospatial imagery analytics and the increasing
implementation of Artificial Intelligence (AI), Machine Learning (ML), and big
data, privatization of space industry, and growth of cloud computing. Machine
Learning (ML) algorithms provide efficient tools for analyzing satellite
imagery and applicable insights. In addition to this, the accelerating demand
for satellite imaging for agriculture, increasing penetration of technology
such as IoT and data analytics to retrieve data, and the growing requirement to
understand environmental impact on a global scale are certain factors that are
responsible for the expansion of the satellite
data services market size.
The strong demand for satellite data among
enterprises to ensure their market competitiveness and implementation of 4D GIS
software with satellite data is boosting the growth of the market over the
forecast period. On the other edge, numerous stringent government regulations
for the implementation of satellite and the lack of dedicated launch vehicles
for small satellites are likely to restrain the growth of the market.s
Satellite Data Services Market Segmentation
The chapter of segmentation provides the
readers with an overview of the global satellite data services market, such as
its products, applications, and other relevant factors of the industry. Understanding
the market segments helps in identifying the importance of different factors
that surges market growth over the forecast period (2020-2027).
Segment by Service:
·
Image Data
o
Spatial
§ Very High Resolution
§ High Resolution
§ Medium-Low Resolution
o
Spectral
o
Temporal
o
Radiometric
·
Data Analytics
o
Image Data Processing
§ Pan-Sharpening
§ Orthorectification
§ Mosaicking
§ Cloud Patching
o
Feature Extraction
o
Digital Models
§ Digital Terrain Models (DTM)
§ Digital Surface Models (DSM)
§ Digital Elevation Models (DEM)
o
Classification
§ Object Classification or Identification
§ Land Cover and Change Detection
Segment by End use:
·
Government & Military
o
National Space Agencies
o
Departments of Defense
o
National Security Agencies
o
Academic and Research
Institutions
o
Departments of Environment
& Agriculture
o
National Mapping &
Topographic Agencies
o
Others
·
Commercial
o
Geological Companies
o
Mapping and Cartographic
Companies
o
Mining, Oil, and Gas Companies
o
Transport, Construction, and
Infrastructure Companies
o
Satellite Operators/Owners
o
Media and Entertainment
o
Others
Segment by Vertical:
·
Energy & Power
o
Mining and Mineral Exploration
o
Oil and Gas Operation
o
Pipeline and Transmission
Survey
·
Engineering &
Infrastructure
o
3D Urban and Terrain Modeling
(DTM)
o
Airport Mapping
o
Land & Urban Management
·
Defense & Security
o
Maritime and Land Surveillance
Activities
o
Critical Infrastructure
Protection
o
Crime Mapping
o
Monitoring of Airfields
·
Environmental
o
Global Climate Change
o
Land Cover and Change Detection
o
Air & Water Pollution
o
Natural Disasters
o
Natural Hazards
·
Agriculture
o
Crop Type Identification
o
Precision Farming
·
Maritime
o
Ports & Harbors Monitoring
o
Coastal Management (Survey
Waters, Detect Vessels, Track Activities)
·
Forestry
·
Transportation & Logistics
·
Insurance
o
Flood Monitoring
o
Property Damage Estimation
Segment
by Region:
·
North America
o
United States of America
o Canada
·
Asia Pacific
o
China
o
Japan
o
India
o Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining
countries of the LAMEA region)
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