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Satellite Data Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 140 pages | ID: S7DDEDFFC2B1EN
IMARC Group

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The global satellite data service market size reached US$ 7.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.2 Billion by 2028, exhibiting a growth rate (CAGR) of 18.13% during 2022-2028.

Satellite data service refers to the process of gathering information about the earth via artificial satellites. It relies on the usage of radio waves to receive, transmit, and retrieve data through a communication network. It helps in providing global coverage, reliability, enhanced speed, and instant installation. As a result, it is widely used in remote and small areas wherein high-speed Internet and data access are not readily available. Besides this, it is extensively utilized in disaster and traffic management, earth observation, and constructional mapping projects.

Global Satellite Data Service Market Trends:

Rapid urbanization and rising initiatives for smart city development are among the key factors positively influencing the market. In addition, the rising consumer dependence on smartphones, along with the escalating demand for high-speed Internet services, is contributing to the market growth. In line with this, the increasing need for reliable internet connection at affordable prices across rural and geographically extended locations is bolstering the market growth. Apart from this, the widespread adoption of satellite data services for regular environmental monitoring and management due to the growing concerns about environmental degradation is creating a positive outlook for the market. Additionally, the increasing adoption of the service solution for monitoring border areas and energy resources is acting as another growth-inducing factor. Furthermore, rising investments by several private and public firms in numerous infrastructural development projects worldwide are offering lucrative growth opportunities to manufacturers. Moreover, technological advancements across the aerospace industry, such as the integration of machine learning (ML), artificial intelligence (AI), and cloud computing solutions, are anticipated to propel market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global satellite data service market report, along with forecasts at the global, regional and country level from 2023-2028. 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
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
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.

Key Questions Answered in This Report
1. How big is the global satellite data service market?
2. What is the expected growth rate of the global satellite data service market during 2023-2028?
3. What are the key factors driving the global satellite data service market?
4. What has been the impact of COVID-19 on the global satellite data service market?
5. What is the breakup of the global satellite data service market based on the service?
6. What is the breakup of the global satellite data service market based on the vertical?
7. What are the key regions in the global satellite data service market?
8. Who are the key players/companies in the global satellite data service market?
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 TABLES

Table 1: Global: Satellite Data Service Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Satellite Data Service Market Forecast: Breakup by Service (in Million US$), 2023-2028
Table 3: Global: Satellite Data Service Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Satellite Data Service Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
Table 5: Global: Satellite Data Service Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Satellite Data Service Market: Competitive Structure
Table 7: Global: Satellite Data Service Market: Key Players

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$), 2017-2022
Figure 3: Global: Satellite Data Service Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Satellite Data Service Market: Breakup by Service (in %), 2022
Figure 5: Global: Satellite Data Service Market: Breakup by Application (in %), 2022
Figure 6: Global: Satellite Data Service Market: Breakup by Vertical (in %), 2022
Figure 7: Global: Satellite Data Service Market: Breakup by Region (in %), 2022
Figure 8: Global: Satellite Data Service (Data Analytics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Satellite Data Service (Data Analytics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Satellite Data Service (Image Data) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Satellite Data Service (Image Data) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Satellite Data Service (Scientific) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Satellite Data Service (Scientific) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Satellite Data Service (Administrative) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Satellite Data Service (Administrative) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Satellite Data Service (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Satellite Data Service (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Satellite Data Service (Defence and Security) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Satellite Data Service (Defence and Security) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Satellite Data Service (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Satellite Data Service (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Satellite Data Service (Agriculture) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Satellite Data Service (Agriculture) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Satellite Data Service (Environmental) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Satellite Data Service (Environmental) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Satellite Data Service (Engineering and Infrastructure) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Satellite Data Service (Engineering and Infrastructure) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Satellite Data Service (Marine) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Satellite Data Service (Marine) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Satellite Data Service (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Satellite Data Service (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: North America: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: North America: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: United States: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: United States: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Canada: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Canada: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Asia-Pacific: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Asia-Pacific: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: China: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: China: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Japan: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Japan: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: India: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: India: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: South Korea: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: South Korea: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Australia: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Australia: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Indonesia: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Indonesia: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Others: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Others: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Europe: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Europe: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Germany: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Germany: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: France: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: France: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: United Kingdom: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: United Kingdom: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Italy: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Italy: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Spain: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Spain: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Russia: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Russia: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Latin America: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Latin America: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Brazil: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Brazil: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Mexico: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Mexico: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Others: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Others: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Middle East and Africa: Satellite Data Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Middle East and Africa: Satellite Data Service Market: Breakup by Country (in %), 2022
Figure 80: Middle East and Africa: Satellite Data Service Market Forecast: Sales Value (in Million US$), 2023-2028
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


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