PUBLISHER: The Business Research Company | PRODUCT CODE: 1834006
PUBLISHER: The Business Research Company | PRODUCT CODE: 1834006
Satellite data services refer to the collection, processing and distribution of information captured by satellites orbiting the Earth. These services provide critical data on imagery, communication, navigation, weather, environmental monitoring, defense and geospatial intelligence, supporting a wide range of industries including agriculture, energy, transportation, disaster management and urban planning. The primary purpose of satellite data services is to deliver accurate, real-time and large-scale insights about Earth's surface and atmosphere.
The satellite data services market consists of sales by entities (organizations, sole traders and partnerships) of satellite data services that are used as a source of geospatial information, environmental monitoring, mapping, analytics, mission planning and decision support. Satellite data services are also used continuously ranging from scheduled, periodic data collection for weather forecasting or agricultural monitoring, to real-time or on-demand imagery for disaster response, military operations, or infrastructure monitoring.
The global satellite data services market was valued at $5,257.90 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 14.00%.
Rising Smart City Initiatives
The rising smart city initiatives supported the growth of the satellite data services market during the historic period. Governments and urban planners relied on satellite data for urban mapping, traffic management, infrastructure monitoring and resource optimization. The demand for accurate geospatial information to support efficient city planning and sustainable development created opportunities for satellite service providers. As cities adopted advanced technologies to enhance operational efficiency and improve citizens' quality of life, the need for high-resolution satellite data grew, driving market expansion and encouraging investment in satellite-based solutions. For instance, in February 2024, according to India Brand Equity Foundation (IBEF), a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India, Smart Cities Mission in India had tendered 7,742 projects worth approximately US$21.8 billion, issued work orders for 2,740 projects. Therefore, the rising smart city initiatives drove the growth of the satellite data services market.
Dual-Frequency Radar Collaboration Advancing Climate And Disaster Monitoring
Major companies operating in the satellite data services market are focusing on developing advanced Earth observation satellites, leveraging multi-frequency radar technologies and forming strategic partnerships to deliver high-resolution, real-time data for climate monitoring, disaster management, agricultural optimization and environmental sustainability. For instance, in August 2025, National Aeronautics and Space Administration (NASA), a US-based government agency, partnered with Indian Space Research Organisation (ISRO), an India-based government agency, have jointly launched the US$1.5 billion NASA-ISRO Synthetic Aperture Radar (NISAR) satellite from India's Satish Dhawan Space Centre on July 30, marking a major step in climate monitoring. Developed over a decade, NISAR is the first radar imaging satellite to operate on two frequencies NASA's L-band and ISRO's S-band providing highly precise, centimetre-level data. It will map Earth every 12 days, tracking glacier retreat, land deformation, groundwater shifts and ecosystem disruptions that contribute to climate change. The satellite will also support disaster prediction for floods, landslides and eruptions, while enhancing agricultural resilience by monitoring soil moisture and crop health, offering free global data for researchers and policymakers.
The global satellite data services market is fragmented, with large number of small players operating in the market. The top 10 competitors in the market made up 12.73% of the total market in 2024
Satellite Data Services Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global satellite data services market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for satellite data services? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The satellite data services market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider satellite data services market; and compares it with other markets.