GITNUX MARKETDATA REPORT 2024
Satellite Data Services Industry Statistics
The Satellite Data Services industry is anticipated to experience significant growth over the next few years, driven by increasing demand for remote sensing data and satellite imagery across various sectors including agriculture, defense, and disaster management.
In this post, we will explore the dynamic landscape of the global satellite data services industry, backed by a range of compelling statistics. From the staggering market sizes and growth projections to the regional dominance and key players shaping the market, we dive into the intricate web of facts and figures defining this evolving sector.
Statistic 1
"As of 2021, the global satellite data services market size is valued at USD 7.5 billion."
Statistic 2
"The market is projected to reach USD 27.68 billion by 2027."
Statistic 3
"The global satellite data services market is expected to grow a compound annual growth rate (CAGR) of 23.8% during 2020-2027."
Statistic 4
"North America dominated the satellite data services market in 2019."
Statistic 5
"More than 500 companies have some form of engagement in the satellite and space data industry."
Statistic 6
"The Asia Pacific satellite data services market is projected to experience the highest growth rate during the forecast period."
Statistic 7
"The environmental segment held almost half of the total market share in 2019 in terms of end-use industry."
Statistic 8
"By 2026, the global demand for satellite services is predicted to exceed $285 billion."
Statistic 9
"As of 2020, the leading satellite operator SES S.A. generated around 1.91 billion euros."
Statistic 10
"In 2021, the C-band portion of the 5G spectrum auction raised more than $80 billion in gross bids."
Statistic 11
"The military end-user segment accounted for more than a third of the total market share in 2019."
Statistic 12
"As of 2020, roughly 2,218 satellites have been launched by 70 different countries."
Statistic 13
"The geolocation and navigation services sector within the industry is estimated to be worth $128.5 billion."
Statistic 14
"The total commercial satellite industry revenues were estimated at $271 billion in 2020."
Statistic 15
"About 1,300 active satellites belonging to over 50 countries are providing data services."
Statistic 16
"Japan is one of the leading countries in the satellite data services market with 79 satellites in orbit, as of 2021."
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