How big is the Satellite-based Earth Observation Market?

The Satellite-based Earth Observation Market size is expected to reach USD 4.04 billion in 2024 and grow at a CAGR of 6.52% to reach USD 5.54 billion by 2029. Read More

What is the current Satellite-based Earth Observation Market size?

In 2024, the Satellite-based Earth Observation Market size is expected to reach USD 4.04 billion. Read More

Who are the key players in Satellite-based Earth Observation Market?

Airbus Defence and Space (Airbus SE), ESRI INC., IMAGESAT INTERNATIONAL (I.S.I) LTD, MDA Corporation (Maxar Technologies) and PLANET LABS PBC are the major companies operating in the Satellite-based Earth Observation Market. Read More

Which is the fastest growing region in Satellite-based Earth Observation Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Satellite-based Earth Observation Market?

In 2024, the North America accounts for the largest market share in Satellite-based Earth Observation Market. Read More

What years does this Satellite-based Earth Observation Market cover, and what was the market size in 2023?

In 2023, the Satellite-based Earth Observation Market size was estimated at USD 3.78 billion. The report covers the Satellite-based Earth Observation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Satellite-based Earth Observation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What future developments are expected in the Earth Observation Market?

Future developments in the Earth Observation Market are a) More integrated satellite networks b) Increased use of nano and microsatellites c) Enhanced cooperation between public and private sectors to improve global monitoring capabilities Read More

Satellite-based Earth Observation Market Share

Statistics for the 2023 & 2024 Satellite-based Earth Observation market share, created by Mordor Intelligence™ Industry Reports. Satellite-based Earth Observation share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Satellite-based Earth Observation Industry

The market for satellite-based earth observation is significantly fragmented, featuring a mix of global corporations and small to medium-sized businesses.Some of the major players are Airbus Defence and Space (Airbus SE), Esri Inc., Imagesat International (ISI) Ltd, MDA Corporation (Maxar Technologies), and Planet Labs PBC. Market players are employing strategies like partnerships and acquisitions to improve their product lines and secure a lasting competitive advantage.

March 2024 - Ursa Space Systems Inc. partnered with MAIAR, a UK small business specializing in the Defence Intelligence arena, to augment geospatial and open-source analytics for NATO, focusing on benefitting the United Kingdom's operational users. This collaboration leverages MAIAR’s deep understanding of mission intricacies and Ursa’s advanced analytics platform, providing a swift and impactful approach to geospatial analytics. Together, the two companies are poised to expedite delivery times and maximize the magnitude of results, ensuring improved value for both UK and NATO customers.

January 2024 - Imagesat International (ISI) stated that it was awarded a contract worth a total sum of around USD 37.5M for the provision of satellite services to an undisclosed strategic customer during a period of 5 years. Under this contract, ISI would deliver the customer 30 cm resolution imaging services through its EROS C2 and EROS C3 satellites and maintenance and ground station services.