Commercial Satellite Imaging Market to reach a market size of $4.7 billion by 2025

NEW YORK - Nov. 13, 2019 - PRLog -- According to a new report Global Commercial Satellite Imaging Market, published by KBV Research, The Global Commercial Satellite Imaging Market size is expected to reach $4.7 billion by 2025, rising at a market growth of 11.3% CAGR during the forecast period. Growing reliance on location-based services (LBS) is expected to push the growth of the global commercial satellite imaging market. This is because localized services play a key role in giving geographic data in real time through the use of smart devices. Commercial satellite imaging is also applicable across diverse sectors, including construction, defense, transportation and others as a key driver of the global commercial satellite imaging market.

The Government and Defense market dominated the Global Commercial Satellite Imaging Market by End User 2018, growing at a CAGR of 10.1 % during the forecast period. The Forestry & Agriculture market is expected to witness a CAGR of 10.1% during (2019 - 2025). Additionally, The Civil Engineering & Archaeology market is expected to witness highest CAGR of 12% during (2019 - 2025).

The Geospatial Data Acquisition & Mapping market dominated the Global Commercial Satellite Imaging Market by Application 2018, growing at a CAGR of 9.6 % during the forecast period. The Energy & Natural Resource Management market is expected to witness a CAGR of 10.4% during (2019 - 2025). The Defense & Intelligence market is expected to witness a CAGR of 12.8% during (2019 - 2025). Additionally, The Disaster Management market is expected to witness highest CAGR of 13.1% during (2019 - 2025).

Full Report: https://www.kbvresearch.com/commercial-satellite-imaging-market/


Global Commercial Satellite Imaging Market Segmentation

By Application

Geospatial Data Acquisition & Mapping

Energy & Natural Resource Management

Defense & Intelligence

Disaster Management

Surveillance & Security

Urban Planning & Development

Others

By End User

Government and Defense

Forestry & Agriculture

Civil Engineering & Archaeology

Energy

Transportation & Logistics

Others

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

Spaceflight Industries, Inc.

Galileo Group, Inc.

ImageSat International N.V.

Maxar Technologies, Inc.

Planet Labs, Inc.

UrtheCast Corporation

Airbus SE

Saab Group (Vricon, Inc.)

Trimble, Inc.

Leonardo SpA

Thales Group S.A.

L3Harris Technologies, Inc.