The Report Covers Satellite-Based Earth Observation Market Trends and Opportunities, And It is Segmented by Service (Data, Value-added-service), Technology (Synthetic Aperture Radar, Optical), Application (Urban Development, Agriculture, Climate and Environmental Services, Energy, Infrastructure Monitoring, Disaster and Emergency Management, And Others), And Geography (North America, Europe, Asia-pacific, Latin America, The Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The India Satellite-Based Earth Observation Market is Segmented by Type (Earth Observation Data and Value Added Services), Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit), and End-Use (Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure, and Other End-Use). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

In 2020, the revenue of the satellite earth observation market worldwide amounted to approximately 6.7 billion U.S. dollars. This revenue is projected to climb to some 15.9 billion by 2032. Government and defense purposes are forecast to be the most important end user in the earth observation solution market, and it is expected to reach a value of over 6.1 billion U.S. dollars by 2032.

The Satellite-Based Earth Observation Market is projected to grow at a CAGR of around 9% during 2021-2026 says MarkNtel Advisors.

This statistic depicts the market size of the global Earth observation satellite data and services market in 2017 and 2023, broken down by technology. In 2017, the optical Earth observation satellite data and services market was sized at 4.7 billion U.S. dollars worldwide.

The global satellite-based earth observation market size reached USD 3.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.8 Billion by 2033, exhibiting a growth rate (CAGR) of 5.04% during 2025-2033. The increasing demand for accurate weather forecasting and environmental monitoring is stimulating the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with the market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on solution and end user.

Earth observation satellites leverage a wide array of sensors, including optical, radar, hyperspectral, and thermal sensors, enabling data capture across diverse wavelengths and modalities. These satellites operate in various orbits, including low Earth orbit (LEO), medium Earth orbit (MEO), and geostationary orbit (GEO), offering a range of spatial and temporal resolutions. Key drivers for this market are: Rising demand for data-driven decision-making. Government initiatives and funding for space missions.. Potential restraints include: High cost of satellite development and launch. Dependence on government funding and regulations.. Notable trends are: Integration of artificial intelligence (AI) and machine learning (ML) for data analysis. Development of small satellites and constellations for cost-effective data acquisition..

The market size of the Earth Observation Satellite Market is categorized based on Type (500-600 Kilometers, Above 600 Kilometers) and Application (Precision Agriculture, Forestry and Fisheries, Weather Forecast, Environmental Monitoring, Financial Services, Government and Defense, Energy and Natural Resources, Archaeological and Civil Infrastructure, Mining, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Midden-Oosten en Afrika).

Dit rapport geeft inzichten in de marktomvang en voorspelt de waarde van de markt, uitgedrukt in USD miljoen, in deze gedefinieerde segmenten.

The United Kingdom Satellite-Based Earth Observation Market is Segmented by Type (Earth Observation Data, Value Added Services), Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary Orbit), and End-Use (Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The Israel Satellite-Based Earth Observation Market is Segmented by Type (Earth Observation Data and Value Added Services), Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, and Geostationary Orbit), and End-Use (Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure, and Other End-Use). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Global Satellite based Earth Observation Services market size 2025 was XX Million. Satellite based Earth Observation Services Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

According to Cognitive Market Research, the global Earth Observation Market size is USD 4158.20 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 1663.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1247.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 956.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 207.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 83.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
The EO Data held the highest Earth Observation Market revenue share in 2024.

Market Dynamics of Earth Observation Market

Key Drivers for Earth Observation Market

Rising Demand for Geospatial Information

The rising demand for geospatial information is a key driver of the Earth Observation Market. Geospatial information, which includes data about the Earth's surface, such as terrain, vegetation, and land use, is essential for a wide range of applications, including urban planning, agriculture, forestry, disaster management, and infrastructure development. Earth observation satellites provide a unique vantage point for collecting high-resolution imagery and data, enabling accurate mapping, monitoring, and analysis of the Earth's surface. The increasing need for geospatial information, driven by urbanization, environmental concerns, and infrastructure development, is fueling the demand for Earth observation solutions. As a result, satellite operators, data providers, and analytics companies are expanding their offerings to meet the growing demand for geospatial information, driving market growth in the Earth Observation Market.

Growing Awareness of Climate Change

The growing awareness of climate change is a significant driver of the Earth Observation Market. With increasing concerns about the impacts of climate change on the environment, ecosystems, and human populations, there is a heightened demand for accurate and timely data to monitor and assess these changes. Earth observation satellites play a crucial role in providing comprehensive data on climate-related phenomena, such as sea-level rise, temperature changes, melting ice caps, and extreme weather events. This data is essential for climate research, policy-making, and adaptation strategies. As awareness of the urgency of addressing climate change grows, governments, research institutions, and environmental organizations are increasingly relying on Earth observation data, driving market growth in the Earth Observation Market as satellite operators and data providers expand their offerings to meet this demand.

Restraint Factor for the Earth Observation Market

High Initial Investment

High initial investment serves as a significant restraint in the Earth Observation Market. Developing, launching, and maintaining Earth observation satellites and associated ground infrastructure require substantial financial resources. The cost includes satellite design and manufacturing, launch services, ground station setup, data processing, and ongoing maintenance. This high upfront investment poses a barrier to entry for new market players and smaller companies, limiting competition and innovation in the industry. Additionally, the lengthy development and deployment timelines further exacerbate the financial risk associated with Earth observation projects. As a result, potential investors may hesitate to commit funds to Earth observation ventures, hindering market growth and the development of new satellite missions and services. Addressing this restraint may require collaborative efforts to reduce costs, improve efficiency, and explore alternative financing models in the Earth Observation Market.

Impact of Covid-19 on the Earth Observation Market

The COVID-19 pandemic has had a mixed impact on the Earth Observation Market. While the pandemic initially disrupt...

Global Satellite-based Earth Observation Market is poised to witness substantial growth, reaching a value of USD 17.82 Billion by the year 2033, up from USD 8.39 Billion attained in 2024. The market is anticipated to display a Compound Annual Growth Rate (CAGR) of 8.73% between 2025 and 2033.

SATELLITE-BASED EARTH OBSERVATION MARKET SIZE AND FORECAST 2025 TO 2033

The satellite-based earth obser

The Russia Satellite-Based Earth Observation Market is Segmented by Type (Earth Observation Data and Value Added Services), Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, and Geostationary Orbit), and End-Use (Urban Development and Cultural Heritage, Agriculture, Climate Services, Energy and Raw Materials, Infrastructure, and Other End-Use). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

The size and share of the market is categorized based on Type (Data, Value Added Services (VAS)) and Application (National Defense, Environmental Monitoring, Meteorology, Cartography, Disaster Management, Transport and logistics, Telecommunication and Utilities, Other) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The European satellite-based Earth Observation (EO) market is experiencing robust growth, projected to reach €2.60 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 10.44% from 2025 to 2033. This expansion is driven by several key factors. Firstly, increasing demand for precise and timely geospatial data across diverse sectors fuels market expansion. Urban development and cultural heritage preservation projects leverage EO data for efficient planning and monitoring. Similarly, the agriculture sector uses EO for precision farming, optimizing resource allocation and maximizing yields. Climate change monitoring and mitigation efforts heavily rely on satellite data for understanding environmental changes and developing effective strategies. The energy and raw materials sector utilizes EO for exploration, resource management, and infrastructure development. Furthermore, advancements in satellite technology, such as higher-resolution imagery and improved data processing capabilities, are enhancing the accuracy and accessibility of EO data, further stimulating market growth. Government initiatives promoting the use of EO data for various applications also play a significant role. Competition in the European EO market is intense, with both established players like Airbus SE, Lockheed Martin Corp., and Maxar Technologies Inc., and emerging innovative companies such as EarthDaily Analytics and Kleos Space S.A. vying for market share. The market's regional concentration within Europe reflects the continent's advanced technological capabilities and strong government support for space-related initiatives. The United Kingdom, Germany, France, and other leading European nations are significant contributors to both the supply and demand sides of the market, driving innovation and adoption. The continued focus on sustainable development, coupled with increasing investments in research and development, points towards sustained and significant growth in the European satellite-based Earth Observation market in the coming years. Future growth will be influenced by factors such as technological innovation, regulatory frameworks, and the overall economic climate.

The ASEAN satellite-based Earth observation market, currently valued at approximately $0.04 billion in 2025 (estimated based on a global market size of $0.2 billion and assuming ASEAN represents a significant, yet proportionally smaller, share), is poised for robust growth, projected to exhibit a Compound Annual Growth Rate (CAGR) of 12.59% from 2025 to 2033. This expansion is driven by increasing government investments in infrastructure development, particularly in urban planning and disaster management, coupled with a rising demand for precise agricultural insights and climate change monitoring. The adoption of advanced Earth observation technologies, including high-resolution satellite imagery and sophisticated data analytics, is further fueling market growth. Key segments driving this growth include value-added services (data processing and analysis), and applications in urban development, agriculture, and climate services. Low Earth Orbit (LEO) satellites are expected to dominate the satellite orbit segment due to their superior image resolution and data acquisition capabilities. However, market growth faces some challenges. High initial investment costs associated with satellite technology and data acquisition can hinder adoption, particularly among smaller businesses and organizations. Furthermore, data security and privacy concerns, along with the need for skilled professionals to interpret and utilize complex Earth observation data, represent potential restraints on market expansion. Despite these challenges, the long-term outlook remains positive, fueled by ongoing technological advancements, increasing data accessibility, and a growing awareness of the crucial role Earth observation plays in sustainable development and resource management within the dynamic ASEAN region. The presence of key players like Airbus SE, Maxar Technologies, and Spire Global, coupled with burgeoning local companies such as EOMAP Indonesia, signals a vibrant and competitive market. Recent developments include: February 2023: An MOU was formed to establish an international space collaboration between the Geo-Informatics and Space Technology Development Agency (GISTDA) of Thailand and the Office for Space Technology & Industry, Singapore (OSTIn) to develop a framework for close collaboration on Earth observation (EO) applications between the two countries of the ASEAN region, which would create an opportunity for the market vendors., May 2023: Airbus planned its satellite service expansion in Malaysia due to the strong potential in Malaysia's Space sector and strategized to contribute further to the country's sovereign Space development journey with its additional satellite launched in June 2022. Airbus and MYSA have been partnered in space collaborators in the areas of satellite imagery, systems, and services, which includes Airbus' collaboration with MYSA for the constellation of Earth observation satellites entirely funded, manufactured, owned, and operated by Airbus, enabling MYSA to use the satellite-based Earth observation services.. Key drivers for this market are: Government Initiatives and Investments, Technological Advancements. Potential restraints include: Budget Constraints and Technological Limitations, Regulatory and Legal Challenges. Notable trends are: Government Initiatives and Investments is Driving the Market.

The size of the Commercial Earth Observation Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of XXX% during the forecast period. Commercial Earth Observation (EO) refers to the collection and analysis of satellite or airborne data for commercial purposes, such as mapping, agriculture, urban planning, environmental monitoring, and disaster response. Private companies provide high-resolution imagery, geospatial data, and analytics services to governments, businesses, and industries. These observations offer valuable insights into land use, climate change, infrastructure development, and resource management. The commercialization of EO data has made it more accessible and affordable, enabling companies to create innovative solutions and drive decision-making across various sectors. This growth is driven by several factors, including the increasing demand for geospatial data for decision-making, the growing adoption of cloud-based platforms and services, and the advancements in sensor and data processing technologies. Key applications of commercial earth observation include urban development, mapping and surveying, agriculture, environmental monitoring, natural resource exploration, security and intelligence, disaster and emergency management, and others (energy, maritime, etc.). Recent developments include: In February 2024, The National Geospatial-Intelligence Agency expanded its use of commercial satellite imagery and analytics through a new procurement program called "Luno." The Luno initiative aims to leverage commercial satellite imagery and data analytics to enhance NGA's global monitoring capabilities and demonstrate a tangible commitment to commercial earth observation services., In January 2024, the European Commission and the European Space Agency awarded Kuva Space a USD 5.3 million commercial contract to provide hyperspectral data services for the Copernicus program. Kuva Space will be the sole provider of hyperspectral data services for the Copernicus program. Kuva Space's constellation of 100 CubeSats aims to provide hyperspectral images of any location on Earth at visible-to-near infrared (VIS-NIR) and visible-to-shortwave infrared (VIS-SWIR) wavelengths., In November 2023, Tata Advanced Systems Ltd, a provider of aerospace and defense solutions, entered into a partnership with Satellogic Inc. with the aim of establishing and enhancing local space technology capabilities in India. TASL and Satellogic will collaborate on the development of a new satellite design. They will work together to integrate multiple payloads onto a single satellite, which will generate a diverse range of data over India., In October 2023, NASA selected seven companies to provide commercial data support for earth science research. The Commercial Smallsat Data Acquisition Program will provide NASA with earth observation data and related services from commercial sources. This fixed-price, indefinite-delivery/indefinite-quantity, multiple-award contract is effective for five years with an option to extend services for an additional six months. The maximum potential value of all contractors selected is $476 million., In September 2023, Smallsat developer Open Cosmos raised USD 50 million in order to expand the company and develop larger satellites and constellations focused on earth observation. The funding will allow the 70-person company to grow internationally, including in Latin America, the Middle East and the Asia Pacific. It will allow it to expand its current satellite offerings, which include CubeSats, to larger spacecraft and constellations. The company is also in the process of developing a satellite data analytics platform known as DataCosmos..

Satellite-based Earth Observation Market Analysis

The Satellite-based Earth Observation Market is experiencing si...

The Satellite-Based Earth Observation (SBEo) market is experiencing robust growth, projected to reach a market size of $12.66 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This expansion is driven by increasing demand across diverse sectors. The defense and intelligence communities rely heavily on SBEo for surveillance, reconnaissance, and strategic decision-making. Simultaneously, the growing need for precise weather forecasting and climate change monitoring fuels significant market growth. Furthermore, the burgeoning Location-Based Services (LBS) market, energy exploration and management initiatives, and the overall rise in data-driven decision-making are key contributing factors. The market is segmented by application (defense, weather, LBS, energy, and others) and type (Value-Added Services (VAS) and raw data), offering diverse opportunities for specialized companies. The competitive landscape includes both established aerospace giants like Airbus SE, Lockheed Martin Corp., and Maxar Technologies Inc., and emerging innovative players like Planet Labs PBC and EarthDaily Analytics, vying for market share with varying competitive strategies focused on technology innovation, data analytics capabilities, and geographic expansion. The market's growth trajectory is influenced by several factors. Technological advancements leading to higher resolution imagery, improved sensor technology, and advanced analytics capabilities are enhancing data quality and usability. Government initiatives promoting space exploration and data accessibility also play a significant role. However, challenges remain, including the high cost of satellite development and launch, regulatory hurdles related to data access and security, and the need to address data privacy concerns. The regional distribution of the market reflects the significant investments in space technology in North America and the rapid development of the space sector in the Asia-Pacific region, particularly in China and Japan. The forecast period, 2025-2033, anticipates sustained growth driven by these dynamic forces and ongoing technological innovation within the industry.