Global Commercial Satellite Imaging Market by Application (Geospatial Data Acquisition & Mapping, Defense & Intelligence, Energy, Surveillance & Security, Disaster Management), End-User (Commercial, Defense), Type (Small, Middle, Large)-Forecast till 2023
Commercial satellite imaging, well known as remote sensing, denotes the scanning of earth by satellite or high-flying aircraft to obtain geo-referenced information.
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The market for commercial satellite imaging is gaining attention with the growing requirement for disruptive satellite imagery data analytics by businesses throughout industries. It needs critical information and market understanding about various geospatial and environment conditions for efficient resource supervision.
Geospatial information acquisition & mapping has been the largest commercial satellite imaging market across the globe. In addition, commercial platform has been the major customer of commercial satellite imaging market. It include providers of map created services such as Apple Maps, and Google Maps.
The major trends witnessed in the global commercial satellite imaging market include hyper-spectral processing image for automatic target recognition. Most of the military applications are involve in identifying objects such as a movement of vehicle tracking with the help of hyper-spectral processing image. Moreover, the use of hyper-spectral picture sensors provide image data, encompassing both spatial and spectral information. In addition, it can be reduced to detect various activities as military activities. Moreover, development in high resolution satellite imagery for applications in data related sectors such as agriculture and natural resource managing, is also a factor considerably supporting to the growth of global commercial satellite imaging market.
Global commercial satellite imaging market is driven by factors such as technological development in satellite imaging in addition, application of satellite imagery in various sectors and growing demand of location-based services (LBS) sector. Satellite imaging is used in LBS for different applications, such as navigation, local search, consumer tracking, enterprise services, location-based business intelligence (BI), location-specific health information, etc.
Satellite imaging consists of the various stages of collecting data in the form of images through the use of imaging satellites. Satellite imagery is becoming a competitive market gradually, owing to the rising numbers of new players in this market. The commercial satellite imaging market is gaining attention with the growing necessity for disruptive satellite imagery information analytics by companies across various industries. Critical information and market understanding about various geospatial and environment conditions is carried out for the purpose of efficient resource supervision.
The global commercial satellite imaging market is segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by Application: Geospatial Data Acquisition & Mapping, Defence & Intelligence, Energy, Construction & Development, Surveillance & Security, Disaster Management and others.
Segmentation by End-Users: Commercial and Defence
Segmentation by Type: Small (Nano, Pico, Micro), Middle, and Large.
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia-Pacific, Middle East & Africa and South America.
DigitalGlobe (U.S.), Galileo Group (U.S.), SpaceKnow (U.S.), Airbus (France), Harris Corporation (U.S.), Planet Labs, Inc. (U.S.), Exelis Inc. (U.S.), Blacksky (U.S.), European Space Imaging (Germany), UrtheCast (Canada) and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global commercial satellite imaging market.
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