Via Satellite: Turning Space Data Into Smart Insights
Recent advances in robotics, ML, and Artificial Intelligence (AI) are pushing the frontier of what machines are capable of doing to unlock the secrets of space data. The ability to leverage intelligence and data analytics is already having a large impact. According to NSR, big data analytics via satellite will generate close to $18.1 billion in cumulative revenues by 2027. The highest increase will be in satellite imagery for data analytics applications, which are predicted to grow at an impressive 23.5 percent Compound Annual Growth Rate (CAGR) through to 2027.