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New Customers, Artificial Intelligence, and Big Data are Entering Geospatial Markets Covering Multiple Start-ups and New Applications
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The earth observation market is currently undergoing multiple technology and business model disruptions, largely driven by NewSpace participants in the market. Multiple small-satellite operators have entered the market and some of them have already launched their satellites. Frost & Sullivan’s research indicated that over 12,000 small-satellites will be launched in the coming decade covering both installation and replenishment phases of multiple constellations. This has resulted in the availability of cheaper satellite imagery data that is also getting updated more frequently. With persistent surveillance being the key differentiator and global coverage enhancing the downstream service, small-satellite imagery data is a notable enhancer within the geospatial value-added services market. The system integrators and platform developers specializing in integration platforms for earth observation intelligence are integrating multiple data sets, including satellite imagery and other non-satellite data to deliver actionable insights to different customer groups across diverse markets. The small-satellite operators are themselves delivering full solutions utilizing their own custom-built intelligence platforms apart from playing the data-supplier role within the earth observation value-chain. What makes our reports unique? We provide one of the longest market segmentation chains in this industry. We conduct detailed market positioning, product positioning, and competitive positioning. Entry strategies, gaps, and opportunities are identified for all stakeholders. Comprehensive market analysis for the following sectors: pharmaceuticals, medical devices, biotechnology, semiconductor and electronics, aerospace and defense, energy and power supplies, food and beverages, chemicals, advanced materials, industrial automation, and telecom, and IT. We also analyze retailers and super-retailers, technology partners, and research and development (R&D) companies.
The study covers the assessment of the upstream and downstream segments of the earth observation market. The downstream segment includes the revenue forecast (2018-2030) covering the value-added services offered by key, global, geospatial market participants. The analysis covers the assessment of existing and future earth observation satellites, key enabling technology trends, and future growth opportunities. The study also provides action points based on the analysis for relevant industry participants indicating their relevance to important future growth opportunities.
The study also covers significant trends with respect to artificial intelligence on the geospatial market and discusses each growth opportunity in detail elaborating on the action points and their significance with respect to related revenue opportunities. This study is an overview of the current state of the earth observation market, value-added services, and related market opportunities; it also covers the evolving impact of artificial intelligence on this market. If someone is interested in understanding the revenue opportunities for value-added services and growth opportunities with regards to key technology trends, then this study will help them.
Key Issues Addressed
Author: Arun Kumar Sampathkumar
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