Market Size of Africa Satellite-based Earth Observation Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 71.15 Million |
Market Size (2029) | USD 76.28 Million |
CAGR (2024 - 2029) | 7.78 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Africa Satellite-based Earth Observation Market Analysis
The Africa Satellite-based Earth Observation Market size is estimated at USD 71.15 million in 2024, and is expected to reach USD 76.28 million by 2029, growing at a CAGR of 7.78% during the forecast period (2024-2029).
- The growing adoption of earth observation imagery in several applications, such as disaster management and agriculture in the region, alongside government aid through space agencies, is analyzed to bolster the market growth rate during the forecast period.
- In March 2023, the South African National Space Agency (SANSA) utilized Earth observation satellite data to map infrastructure damage caused by the high rains and flooding in the Eastern Cape Province. On March 27, 2023, SANSA activated the International Charter, Space, and Major Disaster in collaboration with the National Disaster Management Centre. The activation of the charter authorizes the owners of the participating earth observation satellites to provide picture acquisition priority over the Eastern Cape province flood-affected areas. The National Disaster Management Centre, local governments, and affected industries use the flood damage maps created by Earth Observation satellite data to help with disaster response activities and estimate the damage from floods.
- Further, the growing launch of advanced solutions in satellite-based earth observation significantly contributes to the market growth rate. For instance, in October 2022, Esri, a player in location intelligence, and Digital Earth Africa signed a memorandum of understanding to support regional businesses that use data sciences to develop distinctive responses to climate change effects like food security, natural disasters, displacement, and vulnerable populations in Africa.
- The collaboration develops and launches technology solutions based on free, open-source space imagery and other types of earth observation data. It promotes and supports sustainability in governance and business. African organizations can examine satellite imaging data using Esri's geographic information system (GIS) software to find patterns and forecast implications for the future. The Africa GeoPortal, a cloud-based platform that offers geospatial data and images for Africa and solutions from Esri and its partners, will allow access to this content.
- Several nations in the region, such as Kenya and Ethiopia, are also launching significant earth observatory satellites, contributing to the market growth rate. For instance, in January 2023, Ethiopia stated it was preparing to launch its third satellite into space. Earth observation satellite ETRSS-2 will include a higher image resolution than its predecessors, ETRSS-1 and ET-Smart-RSS, launched in December 2019 and 2020. Since its launch, the country's two earth observation satellites monitored the weather and environment for better agricultural planning, drought early warning, mining, and forestry management.
Africa Satellite-based Earth Observation Industry Segmentation
The study tracks the key market parameters, underlying growth influencers, and major vendors operating in the industry, which supports the market estimations and growth rates over the forecast period.
The scope of the reports includes by Type(Earth observation data and value-added services), by satellite orbit(low earth orbit, medium earth orbit, and geostationary orbit), by end-use (urban development and cultural heritage, agriculture, climate services, energy and raw materials, infrastructure, and others) and by Country(South Africa, Nigeria, Kenya, and others). The market sizes and forecasts are provided in (USD) for all the above segments.
By Type | |
Earth Observation Data | |
Value Added Services |
By Satellite Orbit | |
Low Earth Orbit | |
Medium Earth Orbit | |
Geostationary Orbit |
By End-user | |
Urban Development and Cultural Heritage | |
Agriculture | |
Climate Services | |
Energy and Raw Materials | |
Infrastructure | |
Others |
By Country | |
South Africa | |
Nigeria | |
Kenya | |
Others |
Africa Satellite-based Earth Observation Market Size Summary
The Africa Satellite-based Earth Observation Market is experiencing significant growth, driven by the increasing adoption of satellite imagery for various applications such as disaster management and agriculture. Government support through space agencies and the launch of advanced satellite solutions are key factors propelling the market forward. Notable initiatives, such as the South African National Space Agency's use of satellite data for disaster response and the collaboration between Esri and Digital Earth Africa, highlight the region's commitment to leveraging satellite technology for sustainable development. The market is further bolstered by the launch of new satellites by countries like Kenya and Ethiopia, which aim to enhance agricultural planning and resource management.
The demand for satellite-based earth observation services is also rising due to rapid urbanization and the need for efficient agricultural practices in Africa. South Africa's advanced agricultural sector and its strategic urban development plans underscore the potential of digital technology in optimizing resource use and improving food security. The establishment of platforms like the Digital Earth South Africa data cube and the participation of countries like Nigeria in international collaborations reflect the continent's efforts to enhance data accessibility and usability. These developments, alongside the growing number of strategic partnerships, are contributing to the robust growth of the satellite-based earth observation market in Africa.
Africa Satellite-based Earth Observation Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Assessment of Macro-Economic factors in the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Earth Observation Data
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2.1.2 Value Added Services
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2.2 By Satellite Orbit
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2.2.1 Low Earth Orbit
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2.2.2 Medium Earth Orbit
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2.2.3 Geostationary Orbit
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2.3 By End-user
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2.3.1 Urban Development and Cultural Heritage
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2.3.2 Agriculture
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2.3.3 Climate Services
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2.3.4 Energy and Raw Materials
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2.3.5 Infrastructure
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2.3.6 Others
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2.4 By Country
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2.4.1 South Africa
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2.4.2 Nigeria
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2.4.3 Kenya
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2.4.4 Others
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Africa Satellite-based Earth Observation Market Size FAQs
How big is the Africa Satellite-based Earth Observation Market?
The Africa Satellite-based Earth Observation Market size is expected to reach USD 71.15 million in 2024 and grow at a CAGR of 7.78% to reach USD 76.28 million by 2029.
What is the current Africa Satellite-based Earth Observation Market size?
In 2024, the Africa Satellite-based Earth Observation Market size is expected to reach USD 71.15 million.