How big is the Commercial Satellite Imaging Market?

The Commercial Satellite Imaging Market size is expected to reach USD 5.04 billion in 2024 and grow at a CAGR of 11.84% to reach USD 8.82 billion by 2029. Read More

What is the current Commercial Satellite Imaging Market size?

In 2024, the Commercial Satellite Imaging Market size is expected to reach USD 5.04 billion. Read More

Who are the key players in Commercial Satellite Imaging Market?

DigitalGlobe Inc., Galileo Group Inc., Planet Labs Inc., SpaceKnow Inc. and Skylab Analytics are the major companies operating in the Commercial Satellite Imaging Market. Read More

Which is the fastest growing region in Commercial Satellite Imaging Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Commercial Satellite Imaging Market?

In 2024, the North America accounts for the largest market share in Commercial Satellite Imaging Market. Read More

What years does this Commercial Satellite Imaging Market cover, and what was the market size in 2023?

In 2023, the Commercial Satellite Imaging Market size was estimated at USD 4.44 billion. The report covers the Commercial Satellite Imaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Commercial Satellite Imaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Commercial Satellite Imaging Market Share

Statistics for the 2023 & 2024 Commercial Satellite Imaging market share, created by Mordor Intelligence™ Industry Reports. Commercial Satellite Imaging share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Commercial Satellite Imaging Industry

The commercial satellite imaging market is highly fragmented, with the presence of major players like DigitalGlobe Inc., Galileo Group Inc., Planet Labs Inc., SpaceKnow Inc., and Skylab Analytics. among others. Players in the market are adopting strategies such as partnerships, mergers, innovations, investments, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In May 2023, European Space Imaging (EUSI) and Airbus announced a strategic partnership to provide the European Maritime Safety Agency (EMSA) with Very High Resolution (VHR) optical satellite imagery. Airbus will be providing imagery collected by Pléiades and Pléiades Neo satellites. SPOT and EUSI will likely be supplying imagery from the current Maxar satellite constellation and other value-added services.

In March 2023, L3Harris Technologies announced it received a USD 765 million contract from NASA to design and build the next-generation, high-resolution imager for NOAA's Geostationary Extended Observations satellite system. The GeoXO Imager will likely provide advanced infrared and visible imagery, more precise observations, and improved water vapor measurements to significantly improve the accuracy and timeliness of weather forecasting in the Western Hemisphere.