The Global Satellite Imagery market is expected to experience significant growth between 2023 and 2030. In 2022, the market is growing steadily, and with the increasing adoption of strategies by key players, it is expected to continue rising.
Due to the COVID-19 pandemic, the global Satellite Imagery market size is estimated to be worth USD 3096 million in 2022 and is projected to reach USD 8659.8 million by 2028 with a CAGR of 18.7% during the review period.
The market is segmented by applications, including transportation, agriculture, surveying and exploration, military and defense, and others. Among these, transportation is the leading segment in 2021.
The global Satellite Imagery market includes major manufacturers such as Maxar Technologies, Airbus, L3Harris, Telespazio, Satellogic, ImageSat International, Capella Space, ICEYE, and European Space Imaging. The market is dominated by the top three companies, holding a share of over 58%. North America is the largest market, followed by Europe and Asia Pacific.
The Satellite Imagery market is segmented by region, type, and application. The report provides a detailed analysis of revenue and forecast for the period 2017-2028. In the United States market, the report focuses on the market size by players, type, and application from 2017 to 2028.
The growth of the Satellite Imagery market is driven by the increasing demand for applications such as transportation, agriculture, surveying and exploration, military and defense, and others.
The market offers different types of Satellite Imagery, including 0.3m resolution, 0.5m resolution, 1 m resolution, and others.
Leading regions in the Satellite Imagery market include North America, Europe, Asia-Pacific, South America, and the Middle East and Africa.
The report provides answers to questions such as global trends in the Satellite Imagery market, the estimated demand for different types of products, projections of industry capacity, production value, market share, and consumption. It also analyzes the factors contributing to the final price and the raw materials used in manufacturing Satellite Imagery.
The report also explores opportunities in the Satellite Imagery market, the value of the market, major players, recent industry trends, and entry strategies for the industry.
The COVID-19 pandemic had a direct and indirect impact on the Satellite Imagery market, and the report provides an analysis of the effect and recovery.
Overall, the Satellite Imagery market is expected to grow significantly in the coming years, driven by the increasing demand for applications and advancements in technology.