Satellite-Based
Earth Observation Market Size, Share | Industry Report, 2025 – 2034

The global satellite-based earth observation market was
valued at USD 3.7 billion in 2024 and is estimated to grow at a CAGR of 5.9% to
reach USD 6.6 billion by 2034.

Increasing reliance on geospatial intelligence for climate
surveillance, national security, and environmental applications is driving
consistent demand. Advancements in satellite miniaturization and lower
deployment costs have significantly boosted the deployment of smaller
satellites. These compact platforms deliver cost-effective, high-resolution
data across several sectors, including agriculture, defense, and disaster
response. Artificial intelligence and cloud computing play a pivotal role in
transforming raw satellite imagery into actionable data, thereby enhancing
decision-making for industries and governments alike. Demand is also rising due
to global efforts aimed at monitoring climate patterns, optimizing urban
growth, and improving resilience to natural disasters.

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Enhanced accuracy, shorter data delivery cycles, and easy
access to sophisticated analytics platforms continue to push the market
forward, enabling near real-time insights into Earth's surface conditions.
These improvements are drastically reducing the time between data collection
and actionable decision-making, allowing stakeholders in sectors such as
agriculture, environmental conservation, urban planning, and emergency
management to respond more effectively. The integration of satellite data with
AI and machine learning has further amplified the ability to detect subtle
environmental changes, monitor infrastructure, assess crop health, and track
deforestation or pollution with unprecedented precision.

The satellite-based earth observation market from value-added
services segment generated USD 2.4 billion in 2024. This growth is tied to the
increasing requirement for customized analysis derived from satellite data.
These insights support smarter planning and operations in key sectors such as
infrastructure, energy, smart cities, and agriculture. Integration of
AI-powered platforms and partnerships with analytics providers allows for more
specific solutions in areas like environmental tracking and city development.
Simplified access to analytics through unified platforms increases adoption,
especially among users seeking fast, intuitive, and reliable information
delivery systems.

The low Earth orbit (LEO) segment was valued at USD 2.1
billion in 2024. The rise of small satellites and compact CubeSats contributes
to this growth, as these platforms deliver high-resolution visuals and rapid
revisit intervals. Frequent imaging supports applications such as land use
mapping, crop health tracking, and emergency response. Collaboration between
launch providers and satellite firms has improved access and reduced
operational costs. These advantages have accelerated the expansion of commercial
and public interest in detailed, constant Earth observation, especially across
defense, sustainability, and environmental monitoring initiatives.

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United States Satellite-Based Earth Observation Market
generated USD 1.38 billion in 2024. This leadership stems from large-scale
investment in satellite innovation and national security technologies.
Companies must align their product offerings with evolving needs in disaster
readiness, climate data gathering, and strategic surveillance. Emphasis on
integrating AI-driven data analysis, cloud-based delivery models, and secure
communications systems will further enhance the positioning of vendors seeking
to remain competitive in future government contracts and commercial
engagements.

Key participants in the Global Satellite-Based Earth
Observation Market include Planet Labs PBC, MinoSpace, GeoOptics Inc., ICEYE
Oy, Capella Space Inc., OroraTech GmbH, Airbus Defence and Space, Spire Global,
Inc., ImageSat International N.V., Maxar Technologies Inc., BlackSky Technology
Inc., LiveEO GmbH, L3Harris Technologies Inc., China Siwei Surveying and
Mapping Technology Co., Ltd., and MDA Space Ltd. To strengthen their presence
in the market, companies are focusing on integrating AI and machine learning
algorithms for more intelligent data interpretation. Many are forming
partnerships with analytics firms to co-develop customized services tailored to
specific industries like defense, agriculture, and environmental monitoring.
Expanding constellations of smaller satellites enables broader coverage and
more frequent data collection.

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