The Satellite Big Data market is still in its infancy, with the landscape of players ever evolving. The COVID-19 pandemic threw geospatial applications into the spotlight this past year, when most of the world’s workforce went remote, and multiple industries looked towards digitizing their operations.
In the business of Earth Observation, positioning is just as key. While the industry is well-established, with imagery setting the pace and breaking away as the front-runner, a non-imagery market is emerging.
A few days ago, SpaceX launched payloads into orbit for the 100th time. An impressive milestone, the latest launch deployed 60 Starlink satellites into the company’s communication network. From communications to Earth Observation, constellations certainly are a core strategy in the commercialization of LEO. On an almost daily basis, announcements are made regarding investment, deployment,.
NSR’s has just published their Satellite-Based Earth Observation, 12th Edition (EO12) finds a limited impact from COVID-19 on the Earth Observation (EO) market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029.
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.