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.
Projected global satellite earth observation market size in 2020 and 2032, by end user (in million U.S. dollars)
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BIS Research. (September 30, 2022). Projected global satellite earth observation market size in 2020 and 2032, by end user (in million U.S. dollars) [Graph]. In Statista. Retrieved June 17, 2024, from https://www.statista.com/statistics/1338150/global-satellite-earth-observation-market-size-by-end-user/
BIS Research. "Projected global satellite earth observation market size in 2020 and 2032, by end user (in million U.S. dollars)." Chart. September 30, 2022. Statista. Accessed June 17, 2024. https://www.statista.com/statistics/1338150/global-satellite-earth-observation-market-size-by-end-user/
BIS Research. (2022). Projected global satellite earth observation market size in 2020 and 2032, by end user (in million U.S. dollars). Statista. Statista Inc.. Accessed: June 17, 2024. https://www.statista.com/statistics/1338150/global-satellite-earth-observation-market-size-by-end-user/
BIS Research. "Projected Global Satellite Earth Observation Market Size in 2020 and 2032, by End User (in Million U.S. Dollars)." Statista, Statista Inc., 30 Sep 2022, https://www.statista.com/statistics/1338150/global-satellite-earth-observation-market-size-by-end-user/
BIS Research, Projected global satellite earth observation market size in 2020 and 2032, by end user (in million U.S. dollars) Statista, https://www.statista.com/statistics/1338150/global-satellite-earth-observation-market-size-by-end-user/ (last visited June 17, 2024)
Projected global satellite earth observation market size in 2020 and 2032, by end user (in million U.S. dollars) [Graph], BIS Research, September 30, 2022. [Online]. Available: https://www.statista.com/statistics/1338150/global-satellite-earth-observation-market-size-by-end-user/