• Home
  • |
  • Press Release
  • |
  • Global Commercial Satellite Imaging Market to Grow at 11.4% During 2022-2027

Global Commercial Satellite Imaging Market to Grow at 11.4% During 2022-2027, Bolstered by Rising Concerns Regarding Climate Change

November 17, 2021

IMARC Group’s latest report, titled “Commercial Satellite Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global commercial satellite imaging market is expected to grow at a CAGR of 11.4% during 2022-2027. Commercial satellite imaging refers to a tool employed for visualizing ground conditions via high-resolution images and datasets. It offers comprehensive data and clear images that find extensive applications in engineering, infrastructure, simulation, disaster recovery, precision agriculture, telecommunications, watershed management and forestry. Moreover, it provides a base to start projects for regional studies, mapping widespread trends, and media and publication. Nowadays, leading players are launching commercial satellite imaging that can detect ground conditions at night using radar imagery to deliver reliable monitoring capabilities to civil and defense organizations across the globe.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. 

Global Commercial Satellite Imaging Market Trends: 

The rising concerns regarding climate change, environmental degradation and disaster monitoring represents the primary factor driving the global market. Apart from this, with the growing security concerns and geopolitical tensions between countries, governments of various nations are expanding their overall defense budget. Due to this, they are rapidly employing commercial satellite imaging to acquire information that will help strengthen defense operations and security services. Additionally, commercial satellite imaging provides critical data on the biological, physical and chemical properties of the planet that is widely used by scientists, researchers and companies to develop innovative products. Besides this, the introduction of advanced technologies, including high-resolution cameras, remote sensing, and electric propulsion, have enhanced image quality. Furthermore, commercial satellite imaging technology is integrated with rapid acquisition to deliver image data quickly and support live monitoring of events. This, in confluence with the rising usage of artificial intelligence (AI) and cloud infrastructure, is creating a positive market outlook.

Market Summary: 

  • Based on technology, the market has been bifurcated into optical and radar.
  • On the basis of the application, the market has been classified into geospatial data acquisition and mapping, urban planning and development, disaster management, energy and natural resource management, surveillance and security, defense and intelligence, and others.
  • Based on the end user, the market has been segregated into government, military defense, forestry and agriculture, energy, civil engineering and archaeology, transportation and logistics, and others.
  • Region-wise, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa.
  • The competitive landscape of the market has also been analyzed, with some of the key players being Airbus S.A.S., BlackSky Technology Inc., EarthDaily Analytics (UrtheCast Corp.), European Space Imaging GmbH, Galileo Group Inc, L3Harris Technologies Inc., Maxar Technologies Inc., Planet Labs Inc., Skylab Analytics and SpaceKnow Inc.


About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us

IMARC Group

Tel no: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter: @imarcglobal

Global Commercial Satellite Imaging Market to Grow at 11.4% During 2022-2027, Bolstered by Rising Concerns Regarding Climate Change
Select Licence Type



Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More