Market Overview:
The global satellite data services market is expected to grow from USD 9.5 billion in 2018 to USD 21.8 billion by 2030, at a CAGR of 11.0% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for satellite data services across different applications, such as government & military, mining, oil & gas, and other applications.
Product Definition:
A satellite data service is a telecommunications service that uses satellites to provide voice, video, or data communication. Satellite services can be used for anything from providing rural residents with internet access to connecting airline passengers in flight with the ground. The importance of satellite data services lies in their ability to provide high-bandwidth connectivity where terrestrial networks are unavailable or impractical.
Image Data Service:
The image data service is a new term in the satellite industry and refers to the delivery of raw image information from a spacecraft to an Earth station. The primary function of ISEE is to provide propulsion, power, and communications capabilities for operating satellites. Image Data Service (IDS) has emerged as one of the most significant application areas in recent times owing to its increasing demand by end-users such as Google Inc., Facebook Inc., Amazon Web Services LLC among others.
Data Analytics Service:
Data analytics service is a tool that helps in gaining knowledge from the available data. It extracts information from the large volumes of data with the help of certain algorithms and statistical models. The extracted information is used by companies for making business decisions, which in turn improves their overall operational efficiency and revenue generation process.
Application Insights:
The government & military application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growing need for satellite data services in defense applications has been driving the demand. Moreover, countries such as China, India and Japan are focusing on using geospatial data for their national security purposes which is further propelling industry growth.
The mining application segment was valued at USD 1,252.3 million in 2017 owing to its use of earth observation data analytics services coupled with advanced image processing techniques to extract mineral resources from beneath Earth¢â‚¬â„¢s surface thus fueling growth across various regions globally. Furthermore, companies such as SSTL provide global coverage through a fleet of more than 100 satellites while others offer regional or local service depending upon customer requirements thus contributing towards overall market growth across various regions globally over the coming years.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing government initiatives for the development of infrastructure and rising demand for high-quality satellite data services from various end users such as mining companies, oil & gas companies, and other organizations.
Increasing demand from these sectors has led to an increase in investments by various governments across the globe. For instance, according to IAI's 2015 edition World Airports rankings, China had built or reconstructed more than 40 airports with a total length of approximately 2 km (1 mile). Such developments are anticipated to drive regional growth over the next eight years.
North America accounted for more than 20% revenue share in 2016 owing its large base of aerospace & defense industry coupled with growing adoption of remote sensing applications across several departments such as agriculture, forestry & fisheries; transportation; urban planning; etc.
Growth Factors:
- Increasing demand for high-resolution images and data from various commercial and government sectors for monitoring, surveying, and mapping purposes.
- Proliferation of small satellites that can be used to capture imagery at a much lower cost as compared to traditional large satellites is expected to drive the market growth over the forecast period.
- Growing demand for satellite-based broadband services across the globe due to increasing internet penetration and rising number of connected devices is another key factor propelling the market growth.
- Rapid expansion in satellite-based telecommunication services by telecom operators owing to increasing need for bandwidth is also anticipated to fuel the demand for satellite data services over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Satellite Data Services Market Research Report
By Type
Image Data Service, Data Analytics Service
By Application
Government & Military, Mining, Oil & Gas, Other
By Companies
Bird.I Ltd., Blacksky, Ceinsys Tech Ltd., Digitalglobe, Inc. (Maxar Technologies), Earth-I Ltd., East View Geospatial, Gisat S.R.O., Harris Geospatial Solutions, Inc., Iceye, Imagesat International (ISI), Planet Labs, Inc., Planetobserver, Satellite Imaging Corporation, Satpalda Geospatial Services, Spectir, Trimble Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Satellite Data Services Market Report Segments:
The global Satellite Data Services market is segmented on the basis of:
Types
Image Data Service, Data Analytics Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government & Military, Mining, Oil & Gas, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bird.I Ltd.
- Blacksky
- Ceinsys Tech Ltd.
- Digitalglobe, Inc. (Maxar Technologies)
- Earth-I Ltd.
- East View Geospatial
- Gisat S.R.O.
- Harris Geospatial Solutions, Inc.
- Iceye
- Imagesat International (ISI)
- Planet Labs, Inc.
- Planetobserver
- Satellite Imaging Corporation
- Satpalda Geospatial Services
- Spectir
- Trimble Inc.
Highlights of The Satellite Data Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Image Data Service
- Data Analytics Service
- By Application:
- Government & Military
- Mining
- Oil & Gas
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Satellite Data Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Satellite Data Services (SDS) is a global satellite data delivery service that provides timely, accurate and reliable access to geospatial information. SDS delivers imagery, maps and other spatial data products from commercial satellites operated by government agencies and private companies.
Some of the key players operating in the satellite data services market are Bird.I Ltd., Blacksky, Ceinsys Tech Ltd., Digitalglobe, Inc. (Maxar Technologies), Earth-I Ltd., East View Geospatial, Gisat S.R.O., Harris Geospatial Solutions, Inc., Iceye, Imagesat International (ISI), Planet Labs, Inc., Planetobserver, Satellite Imaging Corporation, Satpalda Geospatial Services, Spectir, Trimble Inc..
The satellite data services market is expected to register a CAGR of 11%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Satellite Data Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Satellite Data Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Satellite Data Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Satellite Data Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Satellite Data Services Market Size & Forecast, 2018-2028
4.5.1 Satellite Data Services Market Size and Y-o-Y Growth
4.5.2 Satellite Data Services Market Absolute $ Opportunity
Chapter 5 Global Satellite Data Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Satellite Data Services Market Size Forecast by Type
5.2.1 Image Data Service
5.2.2 Data Analytics Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Satellite Data Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Satellite Data Services Market Size Forecast by Applications
6.2.1 Government & Military
6.2.2 Mining
6.2.3 Oil & Gas
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Satellite Data Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Satellite Data Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Satellite Data Services Analysis and Forecast
9.1 Introduction
9.2 North America Satellite Data Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Satellite Data Services Market Size Forecast by Type
9.6.1 Image Data Service
9.6.2 Data Analytics Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Satellite Data Services Market Size Forecast by Applications
9.10.1 Government & Military
9.10.2 Mining
9.10.3 Oil & Gas
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Satellite Data Services Analysis and Forecast
10.1 Introduction
10.2 Europe Satellite Data Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Satellite Data Services Market Size Forecast by Type
10.6.1 Image Data Service
10.6.2 Data Analytics Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Satellite Data Services Market Size Forecast by Applications
10.10.1 Government & Military
10.10.2 Mining
10.10.3 Oil & Gas
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Satellite Data Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Satellite Data Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Satellite Data Services Market Size Forecast by Type
11.6.1 Image Data Service
11.6.2 Data Analytics Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Satellite Data Services Market Size Forecast by Applications
11.10.1 Government & Military
11.10.2 Mining
11.10.3 Oil & Gas
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Satellite Data Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Satellite Data Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Satellite Data Services Market Size Forecast by Type
12.6.1 Image Data Service
12.6.2 Data Analytics Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Satellite Data Services Market Size Forecast by Applications
12.10.1 Government & Military
12.10.2 Mining
12.10.3 Oil & Gas
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Satellite Data Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Satellite Data Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Satellite Data Services Market Size Forecast by Type
13.6.1 Image Data Service
13.6.2 Data Analytics Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Satellite Data Services Market Size Forecast by Applications
13.10.1 Government & Military
13.10.2 Mining
13.10.3 Oil & Gas
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Satellite Data Services Market: Competitive Dashboard
14.2 Global Satellite Data Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bird.I Ltd.
14.3.2 Blacksky
14.3.3 Ceinsys Tech Ltd.
14.3.4 Digitalglobe, Inc. (Maxar Technologies)
14.3.5 Earth-I Ltd.
14.3.6 East View Geospatial
14.3.7 Gisat S.R.O.
14.3.8 Harris Geospatial Solutions, Inc.
14.3.9 Iceye
14.3.10 Imagesat International (ISI)
14.3.11 Planet Labs, Inc.
14.3.12 Planetobserver
14.3.13 Satellite Imaging Corporation
14.3.14 Satpalda Geospatial Services
14.3.15 Spectir
14.3.16 Trimble Inc.
