Global Commercial Satellite Imaging Market 2023-2027

Global Commercial Satellite Imaging Market 2023-2027

Technavio has been monitoring the commercial satellite imaging market and is forecast to grow by $1722.63 mn during 2022-2027, accelerating at a CAGR of 6.24% during the forecast period. Our report on the commercial satellite imaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in satellite imaging technologies, growing satellite-based telemetry applications, and increasing demand for EO imaging systems.

Technavio's commercial satellite imaging market is segmented as below:

By End-userGovernmentMilitary and defenseTransportationAgricultureOthersBy TechnologyOpticalRadarBy GeographyNorth AmericaAPACEuropeSouth AmericaMiddle East and AfricaThis study identifies advanced satellite imaging applications as one of the prime reasons driving the commercial satellite imaging market growth during the next few years. Also, satellite imaging in disaster management and surge in use of analytics will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the commercial satellite imaging market covers the following areas:Commercial satellite imaging market sizingCommercial satellite imaging market forecastCommercial satellite imaging market industry analysisTechnavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial satellite imaging market vendors that include Airbus SE, BlackSky Global LLC, European Space Imaging GmbH, ICEYE Oy, Imagesat International I.S.I Ltd., L3Harris Technologies Inc., MapTiler AG, Maxar Technologies Inc., Planet Labs PBC, Satellogic SA, SkyWatch Space Applications Inc., SpaceKnow Inc., and Thales Group. Also, the commercial satellite imaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.