Commercial Satellite Imaging Market, By Application (Geospatial Data Acquisition & Mapping, Natural Resource Management, Surveillance & Security, Conservation & Research, and Others), By End-user (Government, Construction, Transportation & Logistics, Military & Defense, Energy, and Forestry & Agriculture) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Trends, Analysis and Forecast till 2034

Commercial Satellite Imaging Market was valued at US$ 4.8 billion in 2024 and is projected to grow at a CAGR of 11.4% to reach US$ 14.1 billion by 2034.

Commercial Satellite Imaging Market is imaged of Earth or other planets collected by imaging satellites and are operated by government and business across the globe. Satellite imaging companies sell images by licensing them to government or businesses such as Apple Maps and Google Maps. According to data published by Union of Concerned Scientists (UCS) in 2019, the satellite database has registered more than 2000 operational satellites currently in orbit around Earth.

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Growing demand for satellite imagery in various sectors is one of the key factors driving growth of the commercial satellite imaging market globally. In addition, growing demand for high-resolution satellite imagery in emergency services, defense, homeland security, and environmental protection, for crime mapping, crop forecasting, and data evaluation, commercial satellite imaging is expected to fuel growth of the global market over the forecast period. However, alternative technologies to commercial satellite imaging, such as aerial imaging services, are likely to restrain growth of the target market globally. Nevertheless, innovative developments in technologies are offering lucrative growth opportunities for the key players operating in the commercial satellite imaging market across the globe. For instance, high-resolution cameras, next-generation GPS satellites, light detection and ranging (LIDAR) technology and remote sensing technologies help record, observe, and perceive objects or events from remote locations.

Commercial Satellite Imaging Market is segmented based on application, end-user, and region.

Based on application, the commercial satellite imaging market is segmented into geospatial data acquisition & mapping, natural resource management, surveillance & security, conservation & research, and others. Others application segment includes construction & development, disaster management, and defense & intelligence. The defense & intelligence segment held the largest market share in 2017. This is attributed due to rising terrorism threats and growing focus of governments toward the advancement of their defense capabilities across the globe.

On the basis of end-user, the target market is segmented into government, construction, transportation & logistics, military & defense, energy, and forestry & agriculture.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Based on region the commercial satellite imaging market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.  North America holds the largest hare for the global market overt the forecast period whereas the U.S. was the more significant contributor. The rising adoption of commercial satellite imaging by the defense sector of the U.S. to track terrorism activities across the globe is driving growth for it in the country. In addition, growing geospatial research, coupled with high expenditure on the natural resources in the U.S., is anticipated to boost the growth of the North American market over the forecast period.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Commercial Satellite Imaging Market report based on Application, end-user and region:

Commercial Satellite Imaging Market, By Application:

• Geospatial Data Acquisition & Mapping
• Natural Resource Management
• Surveillance & Security
• Conservation & Research
• Others

Commercial Satellite Imaging Market, By End-user:

• Government
• Construction
• Transportation & Logistics
• Military & Defense
• Energy
• Forestry & Agriculture

Commercial Satellite Imaging Market, By Region:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East & Africa

The key players operating the Commercial Satellite Imaging Market includes, DigitalGlobe Inc., Galileo Group Inc., Planet Labs Inc., SpaceKnow Inc., Skylab Analytics, Harris Corporation, BlackSky Global LLC, ImageSat International NV, UrtheCast Corp., and European Space Imaging (EUSI) GmbH.

• In May 2023, South Korea successfully launched a commercial-grade satellite for the first time Thursday as part of its growing space development program, as rival North Korea is pushing to place its first military spy satellite into orbit. The two Koreas, technically in a state of war, have no military reconnaissance satellites of their own and both are eager to possess them. The South Korean launch will likely assist its efforts to develop a space-based surveillance system.
• In April 2023, Astraea, Inc., a platform for spatiotemporal data and analytics, announced a new ordering service offering access to advanced satellite imagery sources from providers like Planet Labs PBC, among others. With the launch of the ordering service, Astræa customers get scalable access to the most advanced commercial satellite imagery on the market.

• Harris Corporation*
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• DigitalGlobe Inc.
• Galileo Group Inc.
• Planet Labs Inc.
• SpaceKnow Inc.
• Skylab Analytics
• BlackSky Global LLC
• ImageSat International NV
• UrtheCast Corp.
• European Space Imaging (EUSI) GmbH.

“*” marked represents similar segmentation in other categories in the respective section.