Shifting to Downstream Use Cases Yields $12Billion + in Annual Revenues by 2031 Cambridge, MA- September 13, 2002– NSR’s newly released Satellite-Based Earth Observation, 14th Edition (EO14) finds the downstream shift across Customer Verticals, Government/Military (Gov/Mil) demand, and a fast-evolving Ground Segment all driving a $92 Billion cumulative market opportunity through decade. Positioned to generate $12Billion + in annual.
NSR’s Satellite-Based Earth Observation, 13th Edition (EO13) report, which finds multiple trends converging to achieve a longstanding industry goal, an open EO market. Driven by Gov/Mil customers and a rapidly growing commercial demand, derived EO data products present a $73 Billion opportunity, as new business models push ground segment evolution boosting revenues.
New Space Operators, Downlink Service Markets, and Financial Sector Drive 10% Annual Growth in Next Decade Cambridge, MA – October 4, 2021– NSR’s Satellite-Based Earth Observation, 13th Edition (EO13), report launched today, finds multiple trends converging to achieve a longstanding industry goal, an open EO market. Driven by Gov/Mil customers and rapidly growing commercial demand, derived.
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.
Constellations of satellites equipped with optical technology, radar or radio frequency monitoring are expected to grow to more than 1,000 in orbit, said NSR.