Market Overview:
The global satellite data service market reached a value of US$ 6.5 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.82 Billion by 2027, exhibiting a CAGR of 18.3% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Satellite data service delivers high-speed wireless bandwidth data connection from space. It uses radio waves to transmit, receive, and retrieve data through a communication network. It is widely used in remote and small areas wherein high-speed Internet and data access are not easily available. Nowadays, businesses worldwide rely on satellite data service solutions to provide reliable and dedicated services for remote satellite Internet access and other applications, including email, file sharing, web hosting, data backup, video, and virtual private network (VPN) access. It also enables businesses in to carry voice, video, or other data services around the world.
Satellite Data Service Market Trends:
The increasing dependence on smartphones, in confluence with the escalating demand for high-speed Internet services, represents one of the key factors impelling the market growth. Moreover, the emerging trend of vlogging and travel and tourism in remote establishments is driving the need for satellite data services to obtain reliable Internet at affordable prices. Apart from this, due to rising concerns about climatic changes, environmental degradation, and disaster monitoring, researchers are relying on satellite and airborne data to assess changing environmental impacts, which result from modified human behavior patterns. Furthermore, with rising geopolitical tensions and increasing security concerns, defense agencies of numerous countries are deploying commercial satellite imaging to get information that strengthens defense operations and security services. Besides this, major market players are introducing commercial satellite data services that can detect ground conditions at night with radar imagery. This further assists in delivering unique, reliable monitoring capabilities to civil and defense organizations across the globe. Additionally, these players are offering satellite data services incorporated with artificial intelligence (AI) and machine learning (ML) that can help in the development of smart cities and connected vehicles. These innovations are anticipated to create a positive market outlook.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global satellite data service market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on service, application and vertical.
Breakup by Service:
- Data Analytics
- Image Data
Breakup by Application:
- Scientific
- Administrative
- Commercial
Breakup by Vertical:
- Defence and Security
- Energy and Power
- Agriculture
- Environmental
- Engineering and Infrastructure
- Marine
- Others
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Airbus SE, Ceinsys Tech Limited, Geospatial Intelligence Pyt. Ltd., Gisat S.R.O., ICEYE, L3harris Technologies Inc., Maxar Technologies Inc., Planet Labs Inc., Satellite Imaging Corporation, Telstra Corporation Limited, Trimble Inc. and Ursa Space Systems Inc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Service, Application, Vertical, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered |
Airbus SE, Ceinsys Tech Limited, Geospatial Intelligence Pyt. Ltd., Gisat S.R.O., ICEYE, L3harris Technologies Inc., Maxar Technologies Inc., Planet Labs Inc., Satellite Imaging Corporation, Telstra Corporation Limited, Trimble Inc. and Ursa Space Systems Inc. |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| Post-Sale Analyst Support |
10-12 Weeks |
| Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the global satellite data service market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global satellite data service market?
- What are the key regional markets?
- What is the breakup of the market based on the service?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global satellite data service market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Satellite Data Service Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Service
6.1 Data Analytics
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Image Data
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Application
7.1 Scientific
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Administrative
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Commercial
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Vertical
8.1 Defence and Security
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Energy and Power
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Agriculture
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Environmental
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Engineering and Infrastructure
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Marine
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Others
8.7.1 Market Trends
8.7.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Airbus SE
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Ceinsys Tech Limited
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Geospatial Intelligence Pyt. Ltd.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 Gisat S.R.O.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 ICEYE
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 L3harris Technologies Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 Maxar Technologies Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.8 Planet Labs Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Satellite Imaging Corporation
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Telstra Corporation Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Trimble Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Ursa Space Systems Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Satellite Data Service Market: Major Drivers and Challenges
Figure 2: Global: Satellite Data Service Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Satellite Data Service Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Satellite Data Service Market: Breakup by Service (in %), 2021
Figure 5: Global: Satellite Data Service Market: Breakup by Application (in %), 2021
Figure 6: Global: Satellite Data Service Market: Breakup by Vertical (in %), 2021
Figure 7: Global: Satellite Data Service Market: Breakup by Region (in %), 2021
Figure 8: Global: Satellite Data Service (Data Analytics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Satellite Data Service (Data Analytics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Satellite Data Service (Image Data) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Satellite Data Service (Image Data) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Satellite Data Service (Scientific) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Satellite Data Service (Scientific) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Satellite Data Service (Administrative) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Satellite Data Service (Administrative) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Satellite Data Service (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Satellite Data Service (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Satellite Data Service (Defence and Security) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Satellite Data Service (Defence and Security) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Satellite Data Service (Energy and Power) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Satellite Data Service (Energy and Power) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Satellite Data Service (Agriculture) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Satellite Data Service (Agriculture) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Satellite Data Service (Environmental) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Satellite Data Service (Environmental) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Satellite Data Service (Engineering and Infrastructure) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Satellite Data Service (Engineering and Infrastructure) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Satellite Data Service (Marine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Satellite Data Service (Marine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Satellite Data Service (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Satellite Data Service (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: North America: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: North America: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: United States: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: United States: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Canada: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Canada: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Asia-Pacific: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Asia-Pacific: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: China: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: China: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Japan: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Japan: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: India: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: India: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: South Korea: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: South Korea: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Australia: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Australia: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Indonesia: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Indonesia: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Others: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Others: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Europe: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Europe: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Germany: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Germany: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: France: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: France: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: United Kingdom: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: United Kingdom: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Italy: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Italy: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Spain: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Spain: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Russia: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Russia: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Others: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Others: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Latin America: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Latin America: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Brazil: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Brazil: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Mexico: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Mexico: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Others: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Others: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Middle East and Africa: Satellite Data Service Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Middle East and Africa: Satellite Data Service Market: Breakup by Country (in %), 2021
Figure 80: Middle East and Africa: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Global: Satellite Data Service Industry: SWOT Analysis
Figure 82: Global: Satellite Data Service Industry: Value Chain Analysis
Figure 83: Global: Satellite Data Service Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Satellite Data Service Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Satellite Data Service Market Forecast: Breakup by Service (in Million US$), 2022-2027
Table 3: Global: Satellite Data Service Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Satellite Data Service Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 5: Global: Satellite Data Service Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Satellite Data Service Market: Competitive Structure
Table 7: Global: Satellite Data Service Market: Key Players