Satellite-based Earth observation: trends and forecasts 2023–2033

13 September 2024 | Research

Prachi Kawade | Dafni Christodoulopoulou | Dallas Kasaboski

Forecast report | PPTX and PDF (30 slides); Excel; CSV | Earth Observation

"Earth observation markets are set to generate cumulative revenue of USD116 billion between 2023 and 2033, thanks to growth in the optical, SAR and non-imagery application markets as a result of new data sources and use cases."

This is the 16th edition of this report and continues our industry-leading analysis of the Earth observation (EO) market worldwide. It assesses the downstream value chain, including image and data acquisition, enhanced processing, geointelligence, product information and advanced big data analytics and insights.

This report provides a thorough examination of the rapidly expanding EO markets across all image resolutions, vertical sectors, regions and data types that are commercially available.

Report coverage

Assessment of the trends that drive revenue growth in each market segment, vertical and region.
Analysis of the potential for EO data and downstream analytics in the market.
10-year forecast of the revenue opportunity across different verticals, segments, regions and resolutions.
Analysis of how the convergence of technologies such as broadband, IoT, AI will affect EO solutions offerings and their impact on the market.

Report segmentation

Verticals	Defence and intelligence Energy and natural resources Industrial Managed living resources Public authorities Services Weather
Variable	Revenue (USD)
Resolution	Very high resolution (VHR) High resolution (HR) Medium resolution (MR) Low resolution (LR)
Segment	Data Value-added services (VAS) Information products (IP) Big data Downlink
Geographical region	North America (NAM) Latin America (LAM) Europe (EU) Middle East and Africa (MEA) Asia

Questions answered

What will the size of the EO market be in the next 10 years?
How will each vertical evolve?
What is next for the EO industry; what are the challenges and how can they be solved?
How will new constellations affect the imagery market?
Which new data types are entering the market, when, and what will their impact be?

Who should read this report

Satellite operators
Data distributors and value-added service providers
End-user organisations, such as oil and gas, engineering, agriculture, insurance, location-based services and government departments
Space agencies
GIS providers
Banks, financial institutions and investors
Policy-makers and regulatory bodies

Companies mentioned

Airbus, Arlula, Axelspace, AWS, Blacksky, Capella Space, Descartes Labs, Earthdaily Analytics, Earth-I, Ecometrica, e-Geos, EOS Data Analytics, ESRI, Geospatial Insurance Consortium, Hawkeye360, IBM, Hisdesat, IcEye, Kayrros,Maxar Technologies, Microsoft, MDA Geointelligence, NASA, Orbital Insight, Pixxel, Planet, Planetek Italy, Rezatec, RS Metrics, atellite Vu, Satellogic, Satsure, SES, SkyFi, SkyPerfect JSAT, Skywatch, Thaicom, Umbra, UP42, Yahsat