SATELLITE DATA SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In February 2024, ICEYE (Finland) rolled out its new SAR-based services, enhancing its portfolio to include flood monitoring and disaster response solutions, significantly aiding in environmental and climate change monitoring.
• In May 2023, Planet Labsexpanded its Earth imaging capabilities, offering 30cm resolution images to customers in industries such as agriculture, environmental monitoring, and urban planning.
• In September 2023, Esri and Microsoft entered a strategic alliance to boost geospatial analytics with satellite data. This partnership aimed at developing advanced tools to interpret large datasets, enhancing the integration of satellite imagery with AI for actionable insights.
• In August 2023, BlackSky introduced a platform offering early access to high-resolution satellite imagery, including data from Earth-observing satellites like KOMPSAT and Deimos-2. The platform enables real-time access to specific location imagery.