Commercial Satellite Imaging Market

The usage of satellite imagery for commercial purposes such as agriculture defense energy and insurance is known as commercial satellite imaging.

Commercial satellite imaging market.

Companies operating in the commercial satellite imaging market sell images to businesses such as google maps and apple maps and governments through licensing agreements. Depending on application the market is categorized into geospatial data acquisition mapping urban planning development disaster management energy natural resource management surveillance security defense intelligence and others. The global commercial satellite imaging market accounted for 2 528 96 million in 2019 and is expected to reach 6 675 65 million by 2027 growing at a cagr of 12 9 during the forecast period. The applications covered in the market include geospatial data acquisition mapping urban planning development disaster management energy natural resource management surveillance security defense intelligence and others.

Companies operating in the commercial satellite imagery market sell images to businesses such as google maps and apple maps and governments through licensing agreements. The global commercial satellite imaging market report provides a holistic evaluation of the market for the forecast period. The global commercial satellite imaging market is segmented into application end use and region. Satellite imaging applications are navigation mapping gis geomarketing and advertising emergency and security applications business applications sport augmented reality games mhealth tracking and social networking.

On the basis of end user the market is segmented as government defense forestry and agriculture energy civil engineering and archaeology commercial enterprises others. Commercial satellite imaging market size and forecast. Critical information and market understanding about various geospatial and environment conditions is carried out for the purpose of efficient resource supervision. The commercial satellite imaging market is gaining attention with the growing necessity for disruptive satellite imagery information analytics by companies across various industries.

Companies operating in the commercial satellite imaging market sell images to businesses such as google maps and apple maps and governments through licensing agreements. Commercial satellite imaging is useful across different sectors including transportation defense construction and others that acts as a key driver of the satellite imagery market. Commercial satellite imaging market was valued at usd 2 65 billion in 2018 and is projected to reach usd 7 45 billion by 2026 growing at a cagr of 13 78 from 2019 to 2026. The global commercial satellite imaging market is segmented into application end use and region.