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Satellite-Based EO Market In US to grow at a CAGR of 9.37% during the period 2016-2020.

Press Release   •   May 16, 2016 09:04 EDT

Description

About Satellite-Based EO

Satellite-based EO involves the gathering of vital information pertaining to the Earth's system through remote sensing satellites. It is used across verticals such as defense and intelligence, weather, agriculture, natural resources, engineering and construction, media and entertainment, and tourism.

Technavios analysts forecast the Satellite-Based EO Market in the USto grow at a CAGR of 9.37% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the satellite-based EO market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of data and VAS, defense and intelligence sectors and applications required by the insurance, manufacturing and agriculture sectors of industry.

Technavio's report, Satellite-Based EO Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

Airbus Group

DigitalGlobe

MDA

Planet Labs

Other prominent vendors

BlackBridge Group (Planet Labs)

BlackSky Global

GeoOptics, Geosys

PlanetiQ

Satellogic

Spire Global

Market driver

Widening application base of EO satellites

For a full, detailed list, view our report

Market challenge

Lack of standardization and policy-related issues

For a full, detailed list, view our report

Market trend

Use of nanosatellites and microsatellites

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?