Satellite big data services are undoubtedly a growing market. A digital transformation across customer verticals has translated into new business opportunities for satellite operators and service providers, driving adoption of cloud computing at different layers of the satellite big data supply chain. Additionally, a market for analytic solutions that simplifies raw geospatial data to consumable.
NSR’s newly released Big Data Analytics via Satellite, 5th Edition (BDvS5) report sees EO and M2M/IoT Satcom Big Data applications driving Big Data market revenues to over $22.1B through next decade. As value chain evolution ramps up opportunity across the Big Data Market, nascent markets rapidly adapting to new standards propel Big Data adoption across multiple regions. Primarily.
New Standards Adoption Sets Pace for $22.1B Big Data Market Revenues Through 2030 Cambridge, MA – November 29th, 2021 –NSR’s newly released Big Data Analytics via Satellite, 5th Edition (BDvS5) report sees EO and M2M/IoT Satcom Big Data applications driving Big Data market revenues to over $22.1B through next decade. As value chain evolution ramps up opportunity across the Big Data Market, nascent markets rapidly adapting to new standards propel Big Data adoption across multiple regions. Primarily driven by Earth Observation based Geospatial Analytics solutions, satellite Big Data Analytics annual revenue opportunity will reach $3.7B by 2030. “In the wake.
NSR’s newly released Big Data Analytics via Satellite, 5th Edition (BDvS5) report sees EO and M2M/IoT Satcom Big Data applications driving Big Data market revenues to over $22.1B through next decade. As value chain evolution ramps up opportunity across the Big Data Market, nascent markets rapidly adapting to new standards propel Big Data adoption across.
The global satellite big data industry has come a long way during the latest wave in the emerging space industry. More than 180 EO companies have been founded over the last 20 years, with a majority of them being downstream software and platform providers. Close to $700 million has been invested in this analytics segment.