The Journal of Space Commerce

The Journal of Space Commerce

Earth Observation Market May Reach $14.6 Billion by 2034

Annual Growth Forecast at Eight Percent Through the Period

Tom Patton's avatar
Tom Patton
Jul 19, 2024
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Analysis of the global Earth observation market finds the market could reach a valuation of $6.8 billion in this year, and increase to $14.6 billion by 2034. According to this recently updated research report by Fact.MR, the market is projected to expand at 8% CAGR through the period.

“High emphasis on reduction in the cost of building and launching sate…

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