“Everything happens somewhere” has long served as an epithet in the geospatial industry, from the brand reposition of a 275-year-old mapping agency to the regular campaigns of international geospatial events. The downstream satellite big data industry has often prided itself on the ubiquity and importance of location data, a USP for large scale geo-intelligence, in.
Satellites, given their constant surveillance and coverage capabilities, are a natural fit for Earth Observation. A single satellite, with the right resolution and altitude, could take a snapshot of the country, and the right expertise and tools would allow you to assess the extent or the snowfall, especially when compared with historical imagery.
NSR’s Satellite-Based Earth Observation, 12th Edition (EO12), released today, finds a limited impact from COVID-19 on the EO market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029. Revenues will be driven by government, military, and financial service-based customers, owing to strong demand and diversity need.
Cloud services ranging from IaaS and edge computing to virtualization and SaaS applications are not new to the IT industry; they have been well-known for years and are traditional concepts in most sectors. Not so in the satellite sector though, where a surge in the adoption of cloud-based technologies is underway.
The adoption of Industrial IoT (IIoT) continues to drive the digitization and automation of the commercial transportation sector, whether it is land, maritime or air transport.