Earth Observation Market Set to Reach $6.4 Billion by 2032: Report

High Demand for EO Data Driving Growth

The global satellite-based earth observation market was valued at $3.5 billion in 2022, and is projected to reach $6.4 billion by 2032, growing at a CAGR of 6.6% from 2023 to 2032, according to a new report from Allied Market Research.

Satellite-based earth observation industry is expected to gain high traction in the coming years owing to increase in de…