Satellite Data Services Market To Reach $29.59 Billion By 2030

Satellite Data Services Market Growth & Trends

The global satellite data services market size is estimated to reach USD 29.59 billion by 2030, registering a CAGR of 16.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rising trend of privatizing the space among companies is expected to drive the growth. Extensive privatization is expected to offer satellite imagery adopters with much deeper and valuable spatial imagery insights, thus facilitating more intelligent decision making. Additionally, privatization of space facilitates higher competition amongst companies to develop new space technologies, which is expected to facilitate more rapid growth in the field of space technology.

Miniaturization of sensors is envisioned to facilitate the launching of several satellites in a single payload, thus reducing mission costs for imagery adopters and subsequently reducing entry barriers for new imagery providers. The opportunity to map larger areas using several small satellites is further expected to fuel the demand among imagery adopters, thus offering attractive growth opportunities. Increasing demand for data is promoting satellite manufacturers to launch small satellite constellations in the lower and medium orbits of Earth. Furthermore, incorporating nanoparticles in sensors offers enhanced sensitivity due to its small size and surface area, which makes it imperative to gain accurate data and enable sound decision making.

The fourth industrial revolution is also offering attractive growth prospects to the satellite data services market. The onset of Industry 4.0 also offers development opportunities to several satellite manufacturers, OEMs, and application developers, which is expected to promote disruption of legacy practices and offer better growth prospects to the market. Furthermore, Industry 4.0 is also expected to enhance productivity in the design and manufacturing stages of satellite development, subsequently offering economic growth projections over the next few years.

The emergence of Satellite-as-a-Service (SataaS) promises easier and affordable access to satellite imagery insights for users. The provision of a pay-as-you-go model for satellites in commercial applications is expected to offer better resource and time management capabilities. This is further expected to enable companies to bring their product closer to the consumer by allowing them to own the satellite for a specific amount of time to ensure sustainable growth in the market. An increasing number of small satellites and lower overall cost to deploy them makes SataaS a highly cost-effective option, thus promising industry-wide adoption amongst enterprises and medium-scale companies.

 Request a free sample copy or view report summary: Satellite Data Services Market Report

Satellite Data Services Market Report Highlights

• The defense & security application segment dominated the market with a market share of over 25% in 2024, propelled by rising geopolitical tensions and the increasing need for national security.

• The data analytics service segment is expected to witness the highest CAGR over the forecast period, due to the increasing demand for actionable insights across industries such as agriculture, defense, environmental monitoring, and urban planning.

• The public deployment segment is expected to witness the highest CAGR over the forecast period, due to substantial government investments in space programs, Earth observation missions, and national security initiatives.

• Based on end-use, the commercial segment accounted for the largest market share in 2024, as businesses increasingly recognize the value of satellite data for competitive advantage.

• The satellite data services market in Asia Pacific is expected to grow at the highest CAGR over the forecast period. There is a surge in investment across the Asia Pacific region in earth observation programs that utilize satellite imagery for environmental monitoring and management.

Satellite Data Services Market Segmentation

Grand View Research has segmented the global satellite data services market based on application, deployment, service, end-use, and region:

Satellite Data Services Application Outlook (Revenue, USD Million, 2018 - 2030)

• Defense & Security

• Energy & Utilities

• Agriculture & Forestry

• Environmental & Climate Monitoring

• Engineering & Infrastructure Development

• Marine

• Others

Satellite Data Services Deployment Outlook (Revenue, USD Million, 2018 - 2030)

• Private

• Public

• Hybrid

Satellite Data Services Service Outlook (Revenue, USD Million, 2018 - 2030)

• Image Data Service

• Data Analytics Service

Satellite Data Services End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Commercial

• Government and Military

• Service Providers

Satellite Data Services Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

• Latin America

  • Brazil

• Middle East & Africa

  • Saudi Arabia

  • South Africa

  • UAE

List of Key Players in the Satellite Data Services Market

• Maxar Technologies Holdings Inc. (Maxar)

• Planet Labs PBC.

• Airbus SE

• ICEYE

• L3Harris Technologies, Inc.

• Earth-i Ltd

• Geocento Limited

• NV5 Global, Inc.

• Satellite Imaging Corporation

• Satpalda

• Telstra

• Ursa Space Systems Inc.

• Geospatial Intelligence Pty Ltd