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.
Satellite Big Data analytics will reach close to a $3.1 billion revenue opportunity by 2028, with 56% from EO applications & the rest, driven by M2M/IoT satcom applications.
An epithet for the real estate industry, this might as well describe the satellite big data (SBD) market — with the drive for digitization spanning multiple verticals, the need for satellite-based analytics solutions will only increase in the coming years.
An epithet for the real estate industry, this might as well describe the satellite big data (SBD) market. With the drive for digitization spanning multiple verticals, the need for satellite-based analytics solutions will only increase in the coming years. That said, such solutions find greatest potential in applications where the spatial component of data is.