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.
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.
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.
NSR’s EO10 quoted in THE Politico Post’s article ‘A Strange Kind of Data Tracks the Weather—and Pirate Ships’