Global Earth Observation Big Service Market Overview:
Earth observation big service includes gathering, processing and analytics of large amount of earth data for monitoring environmental changes, supporting urban planning and improving decision-making processes in a variety of fields from agriculture to defense. Increased focus on climate change, disaster management and environmental sustainability is expected to significantly boost demand for environmental monitoring services, thereby driving the growth of Earth observation services. At the same time, rapid urbanization and the development of smart cities increase the need for detailed, real-time data to support urban planning, infrastructure management and efficient resource optimization. In addition, the growth of precision agriculture presents new opportunities for Earth observation services to provide targeted solutions to improve operational efficiency and decision-making in various sectors.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Advancements in Technology for High-Resolution Imaging and Integration of Earth Observation Data with IoT Devices and Big Data Analytics
Market Growth Drivers:
Increased Demand for Remote Sensing Data for Decision-Making and Strategic Planning and Increased Focus on Monitoring and Mitigating the Effects of Climate Change
Challenges:
Concerns Regarding Service Reliability for Critical Applications Such As Disaster Management and Defense
Restraints:
High Initial Investment and Operational Costs for Earth Observation
Opportunities:
Increasing Urbanization in Developing Economies and Development of Smart Cities and Smart Infrastructure
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Airbus SE (Netherlands), Maxar Technologies (United States), Esri (United States), Northrop Grumman (United States), Planet Labs (United States), Satellogic (Uruguay), Spire Global, Inc. (United States), BlackSky (United States), Lockheed Martin (United States) and SARsat Arabia (Saudi Arabia). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Earth Observation Big Service market by 2030. Considering Market by End User Industry, the sub-segment i.e. Agriculture & Forestry will boost the Earth Observation Big Service market. Considering Market by Technology, the sub-segment i.e. Satellite-Based (Optical Imaging, Radar Imaging) will boost the Earth Observation Big Service market. Considering Market by Service Type, the sub-segment i.e. Data Acquisition and Management will boost the Earth Observation Big Service market.
What Can be Explored with the Earth Observation Big Service Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Earth Observation Big Service Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Earth Observation Big Service
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Earth Observation Big Service market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Earth Observation Big Service market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Earth Observation Service Providers, Technology Providers, Space Agencies, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.