The Journal of Space Commerce

The Journal of Space Commerce

Earth Observation Market to Grow by $7.60 Billion Through 2028

Advanced Environmental Monitoring a Primary Driver

Tom Patton's avatar
Tom Patton
Nov 02, 2023
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Infographic provided by Technavio

The Satellite-based Earth Observation Market size is expected to increase by $7.60 billion, accelerating at a CAGR of over 10.67% through 2028. There is a growing demand to improve communication at sea, particularly for various groups such as fishermen, sailors, oil rig engineers, and cruise ship tourists.

According to a …

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