- January 1, 2021
- Category: Aerospace and Defense, Security and Surveillance
Global Satellite Data Services Market Size study, by Service Type (Image Data, Data Analytics), Verticals (Energy & Power, Engineering & Infrastructure, Defense & Security, Environmental, Agriculture, Forestry, Transportation & Logistics, Insurance) and Regional Forecasts 2021-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Satellite Data Services Market, by region, 2019-2027 (USD Billion) 1.2.2. Satellite Data Services Market, by Service Type, 2019-2027 (USD Billion) 1.2.3. Satellite Data Services Market, by Verticals, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Satellite Data Services Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Satellite Data Services Market Dynamics 3.1. Satellite Data Services Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 188.8.131.52. Increase in environmental monitoring, meteorology, and map-making 184.108.40.206. Increasing investments in satellite launching 3.1.2. Market Challenges 220.127.116.11. High manufacturing costs and maintenance 3.1.3. Market Opportunities 18.104.22.168. With the increasing use of satellite in weather fore casting, military purposes Chapter 4. Global Satellite Data Services Market Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Satellite Data Services Market, by Service Type 5.1. Market Snapshot 5.2. Global Satellite Data Services Market by Service Type, Performance - Potential Analysis 5.3. Global Satellite Data Services Market Estimates & Forecasts by Service Type 2018-2027 (USD Billion) 5.4. Satellite Data Services Market, Sub Segment Analysis 5.4.1. Image Data 5.4.2. Data Analytics Chapter 6. Global Satellite Data Services Market, by Verticals 6.1. Market Snapshot 6.2. Global Satellite Data Services Market by Verticals, Performance - Potential Analysis 6.3. Global Satellite Data Services Market Estimates & Forecasts by Verticals 2018-2027 (USD Billion) 6.4. Satellite Data Services Market, Sub Segment Analysis 6.4.1. Energy & Power 6.4.2. Engineering & Infrastructure 6.4.3. Defense & Security 6.4.4. Environmental 6.4.5. Agriculture 6.4.6. Forestry 6.4.7. Transportation & Logistics 6.4.8. Insurance Chapter 7. Global Satellite Data Services Market, Regional Analysis 7.1. Satellite Data Services Market, Regional Market Snapshot 7.2. North America Satellite Data Services Market 7.2.1. U.S. Satellite Data Services Market 22.214.171.124. Service Type breakdown estimates & forecasts, 2018-2027 126.96.36.199. Vertical’s breakdown estimates & forecasts, 2018-2027 7.2.2. Canada Satellite Data Services Market 7.3. Europe Satellite Data Services Market Snapshot 7.3.1. U.K. Satellite Data Services Market 7.3.2. Germany Satellite Data Services Market 7.3.3. France Satellite Data Services Market 7.3.4. Spain Satellite Data Services Market 7.3.5. Italy Satellite Data Services Market 7.3.6. Rest of Europe Satellite Data Services Market 7.4. Asia-Pacific Satellite Data Services Market Snapshot 7.4.1. China Satellite Data Services Market 7.4.2. India Satellite Data Services Market 7.4.3. Japan Satellite Data Services Market 7.4.4. Australia Satellite Data Services Market 7.4.5. South Korea Satellite Data Services Market 7.4.6. Rest of Asia Pacific Satellite Data Services Market 7.5. Latin America Satellite Data Services Market Snapshot 7.5.1. Brazil Satellite Data Services Market 7.5.2. Mexico Satellite Data Services Market 7.6. Rest of The World Satellite Data Services Market Chapter 8. Competitive Intelligence 8.1. Top Market Strategies 8.2. Company Profiles 8.2.1. Airbus Se 188.8.131.52. Key Information 184.108.40.206. Overview 220.127.116.11. Financial (Subject to Data Availability) 18.104.22.168. Service Summary 22.214.171.124. Recent Developments 8.2.2. Digitalglobe, Inc 8.2.3. Harris Geospatial Solutions, Inc. 8.2.4. Planet Labs, Inc. 8.2.5. Satellite Imaging Corporation 8.2.6. Iceye 8.2.7. Ursa Space Systems 8.2.8. Satpalda Geospatial Services 8.2.9. Earth-I Ltd. 8.2.10. Land Info Worldwide Mapping Chapter 9. Research Process 9.1. Research Process 9.1.1. Data Mining 9.1.2. Analysis 9.1.3. Market Estimation 9.1.4. Validation 9.1.5. Publishing 9.2. Research Attributes 9.3. Research Assumption
Global Satellite Data Services Market is valued approximately USD 9.08 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 21 % over the forecast period 2021-2027. Satellite data service is the process of collecting information about the Earth, collected by manmade satellites, which deliver information about surface and weather changes on the planet. Satellite data services deals with images of Earth and other planets with assistance of imaging satellites. The increase in environmental monitoring, meteorology, and map-making, increasing investments in satellite launching has led the adoption of Satellite Data Services across the forecast period. Increasing investment in satellite due to services utilized by military & defense and agriculture department across the globe for the optimum working operation result and accuracy. For Instance: as per the NSIL the government’s commercial space arm, plans to invest Rs 10 billion over the next five years to own and operate satellites as well as launch rockets.
Under the Union Budget 2021-22, the government announced allocation of Rs. 14,794.03 crore (US$ 2.02 billion) to the Ministry of Science and Technology. However, High cost of development and maintenance impedes the growth of the market over the forecast period of 2021-2027. Also, with the increasing use of satellite in weather fore casting, military purposes, the adoption & demand for Satellite Data Services is likely to increase the market growth during the forecast period.
Global Satellite Data Services Market is segmented on the basis of geographical region as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the technology advancement and major satellite launching industry as SpaceX, NASA located in this region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as rising military budget, constant threats between the nation, increasing investment in satellite launching stations, prior weather predictions would create profitable growth prospects for the Satellite Data Services Market across Asia-Pacific region.
Major market player included in this report are:
Harris Geospatial Solutions, Inc.
Planet Labs, Inc.
Satellite Imaging Corporation
Ursa Space Systems
Satpalda Geospatial Services
Land Info Worldwide Mapping
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Energy & Power
Engineering & Infrastructure
Defense & Security
Transportation & Logistics
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Satellite Data Services Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers