Market Share of India Satellite Imagery Services Industry
The India satellite imagery services market is expected to be fragmented, with multiple players operating in the industry. While a few key players and government organizations have a significant presence, a diverse range of smaller companies and startups also offer satellite imagery services in India. Prominent players operating in the market include Airbus SE, Genesys International Corporation Ltd, Antrix Corporation Limited, Hexagon AB, RMSI Private Limited, etc.
In September 2022, A Memorandum of Understanding (MoU) was signed between the Synthetic Aperture Radar (SAR) and optical sensor-equipped imaging satellite operator GalaxEye, which was founded at the Indian Institute of Technology-Madras (IIT-M). The business believes that its collaboration would assist GalaxEye's satellite in accomplishing its mission and delivering superior satellite images to its clients.
In June 2022, MapmyIndia, a local navigation company, announced that the firm had collaborated with ISRO to improve the quality of its 3D maps. RealView, which the business is introducing to the market, is created from the sky or space using satellite imagery from ISRO, using drones and road-based vehicles to create fully three-dimensional high-definition and 360-degree data.
India Satellite Imagery Services Market Leaders
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Airbus SE
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Genesys International Corporation Ltd
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Antrix Corporation Limited
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Hexagon AB
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RMSI Private Limited
*Disclaimer: Major Players sorted in no particular order