The Business Research Company’s Remote Sensing Services Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Remote Sensing Services Global Market Report 2023 evaluates remote sensing services market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global remote sensing services market size is expected to grow from $21.83 billion in 2022 to $25.27 billion in 2023, at a compound annual growth rate (CAGR) of 15.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of remote sensing services is expected to grow to $44.8 billion in 2027 at a CAGR of 15.4%.
The growth in the cloud computing market is expected to propel the growth of the remote sensing services market going forward. Cloud computing refers to the very of computing services which include servers such as storage, databases, networking, software, analytics, and intelligence. These services help to offer faster innovation, flexible resources, and economies of scale. Cloud services help to accelerate technology transfer in remote sensing through improved application sharing. Also, it helps to connect remote sensing scientists more directly with the end-users. For instance, according to Cloudward Inc., a US-based developer of cloud-based software solutions, the cloud computing market had a total value of $371.4 billion in 2020. Also, according to Findstack, a UK-based business software company, in the year 2021, 81% of all enterprises have reported that they are using a multi-cloud strategy laid out or in the works. Therefore, the growth in cloud computing will propel the growth of the remote sensing services market.
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The remote sensing services market segments in the report are:
1) By ype: Aerial Photography and Remote Sensing, Data Acquisition and Analytics
2) By Platform: Defense, Media and Entertainment, Homeland Security Agencies, Agriculture, Energy and Power, Scientific Research, Weather Forecasting, Other Platforms
3) By Resolution Segments: Spatial, Spectral, Temporal, Radiometric
The table of contents in TBRC’s remote sensing services market report includes:
1. Executive Summary
2. Remote Sensing Services Market Characteristics
3. Remote Sensing Services Market Trends And Strategies
4. Remote Sensing Services Market – Macro Economic Scenario
5. Remote Sensing Services Market Segmentation
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26. Africa Remote Sensing Services Market
27. Remote Sensing Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Remote Sensing Services Market
29. Remote Sensing Services Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Antrix Corporation Limited
CyberSWIFT Infotech Pvt. Ltd.
DigitalGlobe Inc.
Ekofastba S.L.
Geo Sense Sdn. Bhd.
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