NSR Report Shows Satellite-Based Earth Observation (EO) Not Slowed by COVID-19

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.

NSR Report: Earth Observation Markets to Generate $54 Billion in Revenue by 2027

Downstream Information Products and Big Data Analytics to Drive EO Industry Growth  Cambridge, MA – October 23, 2018 – NSR’s Satellite-Based Earth Observation (EO), 10th Edition report, released today, projects Earth Observation satellite data and services will represent a $54 billion cumulative opportunity over the next ten years, growing to $6.9 billion annually in 2027..