The Journal of Space Commerce

The Journal of Space Commerce

Earth Observation Market Seeing Significant Expansion: Report

Expected to Grow More Than Five Percent Annually Through 2033

Tom Patton's avatar
Tom Patton
Oct 30, 2025
∙ Paid

The global satellite-based Earth observation market is witnessing significant expansion, primarily driven by the escalating demand for precise geospatial intelligence across various sectors, according to a new report from IMARC Group. In 2024, the market attained a valuation of $3.7 billion and is projected to reach $5.8 billion by 2033, exhibiting a CA…

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