Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Commercial Satellite Imaging Market Outlook

The global commercial satellite imaging market size reached approximately USD 4.69 billion in 2023. The market is further projected to grow at a CAGR of 10.60% between 2024 and 2032, reaching a value of USD 11.61 billion by 2032.

Key Trends in the Market

Commercial satellite imaging commonly referred to as earth observation refers to the process of capturing and collecting images of earth with the help of a satellite, the collected images are then used for various commercial purposes.

  • The rising applications of captured images in environment and weather forecasting and the need for a quick response in emergency situations such as natural calamities and defence security events has boosted the commercial satellite imaging market demand.
  • Rising security concerns along with the ability of the satellite imaging to offer geospatial services and products has led to an increased demand from the defence authorities and various government agencies.
  • The demand for commercial satellite imaging is rising rapidly for agricultural applications, natural resource management, and urban planning, among others, as with the help of satellite imagery and data one can easily obtain detailed and accurate information about vegetation, among others.

Global Commercial Satellite Imaging Market Analysis

Based on application, the market is divided into defence and intelligence, disaster management, energy and natural resource management, geospatial data acquisition and mapping, surveillance and security, and urban planning and development, among others.

By end use, the market is classified into construction, energy, forestry and agriculture, government, military and defence, and transportation and logistics, among others. Based on region, the commercial satellite imaging market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

  • Planet Labs PBC
  • DigitalGlobe Inc.
  • Galileo Group, Inc.
  • SpaceKnow Inc.
  • Maxar Technologies Inc,
  • L3Harris Corporation Inc.
  • BlackSky Technology Inc.
  • Imagesat International (I.S.I) Ltd.
  • European Space Imaging (EUSI) GmbH
  • Others

Market Share by End Use

Government accounted for a significant commercial satellite imaging market share during the historical period and is expected to expand further over the forecast period. The precise information and high-quality image provided by commercial satellite imaging assists government agencies to save lives, protect properties, and to strengthen economic stability within geographical limits. Moreover, the images are also used by the governments to run a regulatory check on land management, population impact, and carbon management, among others.

Market Share by Region

North America holds a significant share of the market owing to the strong presence of leading market players. The availability of modern infrastructure and increased spendings on space programs coupled with rising the demand for commercial satellite imaging from various governments in the region is further fuelling the commercial satellite imaging market growth.

The Asia Pacific is anticipated to witness significant growth due to rising investments by governments of countries including China, India, and Japan, among others in commercial satellite imaging, to ensure national security.

Competitive Landscape

Planet Labs PBC was founded in 2010 and is headquartered in California, United States. The data analytics and aerospace company, builds small satellites and delivers information about the planet.

DigitalGlobe Inc., a commercial earth imagery content provider, was founded in 1992 and is headquartered in Colorado, United States. The company provides advanced geospatial services and operates civilian remote sensing spacecrafts.

Galileo Group, Inc. provides advanced remote sensing solutions using data fusion, hyperspectral imaging, and LIDAR, among others. The company was founded in 1998 and is headquartered in Florida, United States.

Other commercial satellite imaging market players include SpaceKnow Inc., Maxar Technologies Inc, L3Harris Corporation Inc., BlackSky Technology Inc., Imagesat International (I.S.I) Ltd., and European Space Imaging (EUSI) GmbH, among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use
  • Region
Breakup by Application
  • Defence and Intelligence
  • Disaster Management
  • Energy and Natural Resource Management
  • Geospatial Data Acquisition and Mapping
  • Surveillance and Security
  • Urban Planning and Development
  • Others
Breakup by End Use
  • Construction
  • Energy
  • Forestry and Agriculture
  • Government
  • Military and Defence
  • Transportation and Logistics
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Planet Labs PBC
  • DigitalGlobe Inc.
  • Galileo Group, Inc.
  • SpaceKnow Inc.
  • Maxar Technologies Inc,
  • L3Harris Corporation Inc.
  • BlackSky Technology Inc.
  • Imagesat International (I.S.I) Ltd.
  • European Space Imaging (EUSI) GmbH
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

Looking for specific insights?

Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!

Key Questions Answered in the Report

The market reached a value of approximately USD 4.69 billion in 2023.

The market is projected to grow at a CAGR of 10.60% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 11.61 billion by 2032.

The major market drivers include rising investments by various governments towards development of satellite imaging technologies and increased demand from the defence sector.

The key trends fuelling the growth of the market include growing requirement for quick response in emergency situations, increasing security concerns, and rising need for natural resource management.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant end uses of commercial satellite imaging include construction, energy, forestry and agriculture, government, military and defence, and transportation and logistics, among others.

The key players in the market are Planet Labs PBC, DigitalGlobe Inc., Galileo Group, Inc., SpaceKnow Inc., Maxar Technologies Inc, L3Harris Corporation Inc., BlackSky Technology Inc., Imagesat International (I.S.I) Ltd., and European Space Imaging (EUSI) GmbH, among others.

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Strategic Solutions for Informed Decision-Making

Connect For More Information

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.

We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.

Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.

We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.

Back to top

We’re here to help answer any questions about our products and services.

Contact us

Locations


United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124