(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Oct 14, 2021, 06:28 /Comserve / -- The global Satellite Data Services market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World.
The Global Satellite Data Services Market is expected to be around US$ 28.50 Billion by 2025 at a CAGR of 21.44% in the given forecast period.
Communication is the key for the military to win the war. Be it a concern back-up, supplies, or to march forward to infiltrate the enemy, the first task is to determine communication. To possess higher communication in defense sector, the forces square measure wishing on satellite communication. These communications square measure supported radio waves carried to and transmitted additional by the satellites. However, these satellites are capable to gather knowledge that may additional enhance the method of communication institution for the defense forces. Staring at the number of information generated by the purchasers and communication service suppliers, many businesses square measure developing tools that may interpret the information and gift unjust insights from them.
The market is driven by numerous factors, like privatization of the area trade, vital advancements in geospatial imagination analytics, and increasing demand for earth observation tiny satellites. There are a unit lots of opportunities for brand spanking new entrants in area and information analytics industries to extend their market presence and share, however, challenges like failure of satellites and satellite launch vehicles limit the potential of this marketplace for the present. Additionally, tight governmental laws and lack of dedicated launch vehicles for little satellites hamper the expansion of this market.
The global Satellite Data Services market is segregated on the basis of Vertical as Energy & Power, Engineering & Infrastructure, Defense & Security, Environmental, Agriculture, Maritime, Forestry, Transportation & Logistics, and Insurance. Based on End Use the global Satellite Data Services market is segmented in Government & Military and Commercial. Based on Service the global Satellite Data Services market is segmented in Image Data and Data Analytics.
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The global Satellite Data Services market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Satellite Data Services market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Airbus Se, Digitalglobe, Inc., Harris Geospatial Solutions, Inc., Planet Labs, Inc., Satellite Imaging Corporation, Iceye, Ursa Space Systems, Satpalda Geospatial Services, Earth-I Ltd., Land Info Worldwide Mapping, and others are among the major players in the global Satellite Data Services market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Satellite Data Services Market has been segmented as below:
Satellite Data Services Market, By Vertical
Energy & Power
Engineering & Infrastructure
Defense & Security
Transportation & Logistics
Satellite Data Services Market, By End Use
Government & Military
Satellite Data Services Market, By Service
Satellite Data Services Market, By Region
Rest of the World
Satellite Data Services Market, By Company
Harris Geospatial Solutions, Inc.
Planet Labs, Inc.
Satellite Imaging Corporation
Ursa Space Systems
Satpalda Geospatial Services
Land Info Worldwide Mapping
The report covers:
Global Satellite Data Services market sizes from 2016 to 2025, along with CAGR for 2019-2025
Market size comparison for 2017 vs 2025, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2025
Global Satellite Data Services market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Satellite Data Services market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players
The global Satellite Data Services market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Satellite Data Services market share. Major industry players with significant revenue share include Airbus Se, Digitalglobe, Inc., Harris Geospatial Solutions, Inc., Planet Labs, Inc., Satellite Imaging Corporation, Iceye, Ursa Space Systems, Satpalda Geospatial Services, Earth-I Ltd., Land Info Worldwide Mapping, and others.
Reasons to Buy this Report:
Gain detailed insights on the Satellite Data Services industry trends
Find complete analysis on the market status
Identify the Satellite Data Services market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making.
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