The Journal of Space Commerce

The Journal of Space Commerce

Satellite-Based Earth Observation Gaining Market Traction

Annual Growth Exceeding 6 Percent Forecast in New Report

Tom Patton's avatar
Tom Patton
Apr 22, 2025
∙ Paid

The global satellite-based earth observation market is forecast to hit $6.4 billion by 2032, at a CAGR of 6.6%, according to a new report from Allied Market Research. The industry is expected to gain high traction in the coming years owing to increase in demand for high-resolution earth observation data, rise in applications of earth observation data in…

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