The global Earth observation satellite market is expected to grow by USD 1.32 billion between 2022 and 2026, accelerating at a CAGR of 7.49% during the forecast period



Global Satellite Earth Observation Market 2022-2026 Analyst is watching the Satellite Earth Observation Market and it is about to grow by $1. 32 billion over the period 2022-2026, accelerating to a CAGR of 7.

New York, Oct. 18, 2022 (GLOBE NEWSWIRE) — announces the release of the report “Global Satellite-based Earth Observation Market 2022-2026” –
49% over the forecast period. Our Satellite Earth Observation Market report provides comprehensive analysis, market size and forecast, trends, growth drivers, and challenges, and vendor analysis covering approximately 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the use of satellites for advanced environmental monitoring, advances in satellite-based EO technologies, and the growing need for improved offshore communications.
The Satellite Earth Observation market analysis includes application, type segment and geographical landscape.

The Satellite Earth Observation Market is segmented as follows:
By request
• Defense
• Time
• KG
• Energy
• Other apps

By type
• GO
• Data

By geographical landscape
• North America
• Europe
• South America
• The Middle East and Africa

This study identifies the growing demand for small satellites as one of the major reasons for the growth of the satellite earth observation market over the next few years. Also, the use of AI in satellite OT and big data in satellite OT will drive significant demand in the market.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources by analysis of key parameters. Our Satellite Earth Observation Market report covers the following areas:
• Sizing of the Earth observation satellite market
• Satellite Earth observation market forecasts
• Industry analysis of the Earth observation satellite market

This robust vendor analysis is designed to help clients improve their market position, and in line with that, this report provides a detailed analysis of several leading Satellite Earth Observation market vendors including Airbus SE, Antrix Corp Ltd., BAE Systems Plc, Eagle View Technologies Inc., EarthDaily Analytics, Geoimage, GeoOptics Inc., Global Surface Intelligence Ltd, ImageSat International, Kleos Space SA, L3Harris Technologies Inc., Lockheed Martin Corp., Maxar Technologies Inc. , Northrop Grumman Corp., OHB System AG, Orbital Insight Inc, Orbital Micro Systems, Planet Labs Inc., PlanetiQ, Raytheon Technologies Corp., Satellogic SA and Thales Group. In addition, the Satellite Earth Observation Market analysis report includes information on upcoming trends and challenges that will influence the growth of the market. It’s about helping businesses strategize and take advantage of all the growth opportunities ahead.
The study was conducted using an objective combination of primary and secondary information, including contributions from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of major vendors.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources through analysis of key parameters such as profit, price, competition and specials. It presents various facets of the market by identifying the major industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide a comprehensive competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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