Market Share of South Korea Satellite Imagery Services Industry
The South Korea satellite imagery services market is moderately consolidated, with the presence of major players like Dtonic Corporation, Bentley Systems, Inc., Dabeeo Inc., General Electric (GE), ESRI Inc., Soletop InSpace Co., Ltd., GBS Korea, Maxar Technologies, and L3Harris Corporation Inc. Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In May 2023, South Korea announced the launch of commercial-grade satellites. South Korea is pushing to place its first military spy satellite into orbit through this launch. Through this launch, South Korea aims to verify radar imaging technology and observe cosmic radiation in a near-Earth orbit.
South Korea Satellite Imagery Services Market Leaders
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L3Harris Corporation Inc.
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Maxar Technologies
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GBS Korea
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Dabeeo Inc.
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ESRI Inc.
*Disclaimer: Major Players sorted in no particular order
