Global Commercial Satellite Imaging Market to Grow at a CAGR of 11% by 2021 - Advances in Satellite Imaging Technologies Will Drive Growth - Research and Markets

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Apr 03, 2017, 06:30 ET

DUBLIN, April 03, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Commercial Satellite Imaging Market 2017-2021" report to their offering.

The global commercial satellite imaging market to grow at a CAGR of 11.21% during the period 2017-2021.

The report, Global Commercial Satellite Imaging Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

One trend in market is advanced satellite imaging applications. New-generation, cost-effective broadband interactive services are paving the way for another successful revolution in the field of satellite imaging systems. Advanced satellite imaging technologies and rapid progress in the field of information technology have enabled the Google Earth Engine to provide a video service by combining the satellite images with the help of a sophisticated software. This video service called Timelapse can track the geological changes across the globe over the past 30 years.

According to the report, one driver in market is advances in satellite imaging technologies. Images provided by satellites are interpreted to gather valuable data and information, which are used by government organizations for sectors such as defense, oil and natural gas, mining, meteorology, and agriculture. Innovative image-enhancing equipment, including high-resolution cameras and advanced remote-sensing technology, have enhanced the quality of satellite-based EO images. These images are used extensively in the defense, science, and R&D domains. The technology used to capture satellite images has been improving over the years, thereby raising the expectations of the end-users.

Key vendors

DigitalGlobe
DMCii
ImageSat International
Planet Labs

Other Prominent Vendors

Deimos Imaging
e-GEOS
Geosys Enterprise Solutions
Satellogic
Terra Bella

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

For more information about this report visit http://www.researchandmarkets.com/research/v7zxjg/global_commercial

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SOURCE Research and Markets