Saudi Arabia's Satellite-Based Earth Observation Market Share, Growth and Forecast Report, 2030

NEW YORK - May 14, 2025 - PRLog -- According to the latest market research study published by P&S Intelligence, the Saudi Arabian satellite-based earth observation market is experiencing substantial growth, with a projected value of USD 111.8 million by 2030, marking a compound annual growth rate (CAGR) of 5.6% from an estimated USD 80.8 million in 2024.

Key Insights

Segmentation Analysis

The Saudi Arabian satellite-based earth observation market is segmented by payload type, satellite orbit, technology, altitude, and application. The demand for geospatial and satellite data is particularly high in the areas of environmental monitoring, disaster management, and urban planning. The disaster management segment is anticipated to hold the largest share, as satellite data plays a critical role in natural disaster assessment and recovery efforts.

Regional Trends

Riyadh currently holds the largest share of the market, owing to its advanced infrastructure and technological capabilities. However, the Eastern Region of Saudi Arabia is witnessing rapid adoption of satellite-based services, driven by an increasing need for effective resource management and urban development. This geographical expansion is expected to boost the overall market's growth.

Technological Advancements

The advancement in satellite imaging technology, particularly in sensors with higher resolution and improved satellite image processing, is enhancing the accuracy and application of satellite data. The incorporation of AI algorithms is allowing for more precise analytics, transforming industries such as agriculture, defense, and resource management by enabling predictive capabilities and real-time monitoring.

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Government Initiatives

The Saudi Arabian government's Vision 2030 plan is a driving force behind the increasing adoption of satellite-based earth observation technologies. The country's emphasis on space technology, through initiatives like the Saudi Space Commission, has accelerated investment in satellite infrastructure and data services.

Competitive Dynamics

The market is moderately fragmented, with both global and local players competing for market share. Leading companies such as Arabsat, Airbus SE, Leonardo S.p.A., Thales Group, and RTX Corporation are actively involved in expanding their satellite-based earth observation services in Saudi Arabia. These companies are forming strategic partnerships, leveraging technological innovations, and expanding their service offerings to cater to the growing demand for satellite data solutions.

Emerging Opportunities

With the rising demand for high-resolution earth observation data, there are emerging opportunities for both existing players and new entrants to invest in next-generation satellite technologies. This includes satellite constellations for continuous global monitoring, which would be particularly useful in defense, agriculture, and urban development sectors.