Satellite Data Services Market to Reach $69.7 billion, Globally, by 2034 at 18.7% CAGR: Allied Market Research

The global satellite data service market is expanding due to growing demand for real-time geospatial insights across industries such as agriculture, defense, and energy. The rise in remote sensing applications, climate monitoring, and disaster management, along with advancements in satellite imaging technologies, is further fueling the market's growth.

PORTLAND, Ore., Oct. 13, 2025 /PRNewswire/ -- Allied Market Research published a report, titled, "Satellite Data Services Market by Vertical (Energy & Power, Defense & Intelligence, Engineering & Infrastructure, Environmental, Agriculture, Maritime, Insurance, Transportation & Logistics, and Others), Service (Image Data and Data Analytics), and End Use (Commercial and Government & Military): Global Opportunity Analysis and Industry Forecast, 2025-2034". According to the report, the "satellite data services market" was valued at $12.8 billion in 2024, and is estimated to reach $69.7 billion by 2034, growing at a CAGR of 18.7% from 2025 to 2034.

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Prime Determinants of Growth

The growth of the global satellite data service market is primarily driven by the increasing adoption of Earth observation technologies across sectors such as agriculture, defense, environmental monitoring, and urban planning. Organizations are leveraging satellite data for applications such as crop health analysis, infrastructure development, and surveillance. The rise in need for accurate and real-time geospatial data for disaster response and climate change assessment is fueling demand. Technological advancements in high-resolution imaging, data analytics, and AI-powered processing are enhancing data usability. Furthermore, government investments in space programs and the growing number of private satellite launches are significantly boosting market expansion.

Report Coverage & Details:

The Environmental segment to maintain its leadership status throughout the forecast period

On the basis of vertical, the environmental segment held the highest market share in 2024, accounting for more than one-fourth of the Satellite data service market revenue. This is due to the growing reliance on satellite data for climate change monitoring, deforestation tracking, natural disaster assessment, and environmental policy enforcement. Governments and environmental agencies are increasingly using satellite imagery to study air and water quality, greenhouse gas emissions, and land use changes. The rising frequency of extreme weather events and global initiatives for sustainability and environmental protection have further fueled demand for satellite-based environmental data, driving growth in this segment. However, the transportation segment is projected to manifest the fastest CAGR of 29.7% from 2024 to 2034, This is due to the rising adoption of satellite data for real-time traffic management, route optimization, autonomous navigation, and logistics planning, which enhances efficiency and safety in the transportation sector.

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 The image data segment to maintain its leadership status throughout the forecast period

On the basis of service, the image data segment held the highest market share in 2024, accounting for more than two-third of the Satellite data service market revenue. This is due to the increasing demand for high-resolution satellite imagery across sectors such as agriculture, defense, urban planning, and environmental monitoring. Image data plays a vital role in land mapping, infrastructure development, surveillance, and disaster response. Advancements in imaging technologies, including multispectral and hyperspectral imaging, have enhanced the accuracy and detail of satellite images. The growing need for visual data-driven insights and decision-making has made image data the most widely used satellite data type globally. However, the data analytics segment is projected to manifest the fastest CAGR of 20.8% from 2024 to 2034, This is due to the growing need to extract actionable insights from vast satellite datasets, driving demand for advanced analytics solutions powered by AI, machine learning, and predictive modeling across industries.

The government and military segment to maintain its leadership status throughout the forecast period

On the basis of end user, the government and military segment held the highest market share in 2024, accounting for more than two-thirds of the satellite data service market revenue. This is due to the extensive use of satellite data for national security, defense surveillance, border monitoring, and intelligence gathering. Governments worldwide are heavily investing in satellite-based systems for disaster response, environmental monitoring, urban development, and infrastructure planning. Military organizations rely on real-time satellite imagery and geospatial data for mission planning, reconnaissance, and threat detection. Public sector initiatives and collaborations with private satellite data providers have significantly contributed to the segment's dominance. However, the commercial segment is projected to manifest the fastest CAGR of 21.8% from 2024 to 2034, due to its increasing adoption across industries such as agriculture, energy, logistics, and insurance for applications like precision farming, asset monitoring, route optimization, and risk assessment, driven by the growing availability of cost-effective and high-resolution satellite data.

North America maintains its leadership status throughout the forecast period

On the basis of region, the North America held the highest market share in 2024, accounting for around half of the satellite data service market revenue. This is due to the strong presence of major satellite operators, advanced technological infrastructure, and high government spending on defense and space programs. In addition, growing adoption of satellite data across sectors like agriculture, energy, and environmental monitoring further supports the region's dominant position in the global market. However, the Asia-Pacific region is projected to manifest the fastest CAGR of 22.33% from 2024 to 2034, This is due to rising investments in space programs, increasing demand for satellite-based services in agriculture, urban planning, and disaster management, and rapid technological advancements across emerging economies in the region.

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Leading Market Players: -

• L3Harris Technologies, Inc.
• Satellite Imaging Corporation
• Planet Labs Inc.
• SpecTIR
• Ursa Space Systems Inc.
• East View Geospatial
• ISI (ImageSat International)
• Maxar Technologies
• AIRBUS
• Trimble Inc.

The report provides a detailed analysis of these key players of the global Satellite data service market. These players have adopted different strategies such as expansion and product launch to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

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