It’s that time of year again. Autumn leaves, and children in costume, candy and ghosts around every corner. In our business, many days feel like Halloween, in a way. Companies emerge from stealth mode, try on different business cases, and venture forth seeking market validation. Market trends come and go, but the most popular, the.
Naturally, given their vantage point, satellites stand as one of the key enabling technologies to assist in these efforts, and it’s not just traditional imagery that is called upon to help assess the damage.
[NSR] said that currently there are strong, competing forces in the EO industry with technology pushing for volume and variety of data imagery. However, as each customer is different, challenges of scale exist. Traditional, usually government-based, contracts and funding for the provision of high and very high-resolution imagery dominate the market.
Satellite Earth Observation (EO) Remains a Satellite Industry Growth Driver as Focus Shifts from Imagery to Insights
NSR’s Satellite-Based Earth Observation (EO), 11th Edition report, released today, projects Earth Observation satellite data and services represent a $56B cumulative revenue opportunity over the next ten years, growing to $7.2B annually in 2028.