Earth Observation Market Report 2025 (Global Edition)

Global Earth Observation Market Report 2025 Market Size Split by Product (EO Data, Value-Added Services), by Satellite Orbit (Low Earth Orbit, Medium Earth Orbit, Geostationary orbit), by End-Use (Def...

Earth Observation Market Report Description

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Earth Observation Market Insights Video

Competitive Landscape of the Earth Observation Market

The Earth Observation Market is highly competitive, with key players including Maxar Technologies, Airbus Defence and Space, and Planet Labs dominating the landscape. These companies offer a range of satellite imagery, data analytics, and value-added services for various applications. Additionally, emerging players such as BlackSky Global and Satellogic are gaining traction with innovative technologies and business models. Strategic partnerships, technological advancements, and government collaborations are crucial for maintaining competitiveness in this dynamic market.

March 2024: ICEYE introduced ICEYE Ocean Vision, a synthetic aperture radar (SAR) product line aimed at offering actionable intelligence, particularly for maritime domain awareness. ICEYE Ocean Vision Detect primarily furnishes insights concerning vessel presence, location, and dimensions at sea, empowering authorities to promptly address potential threats.

(Source: https://www.iceye.com/press/press-releases/new-iceye-ocean-vision-strengthens-maritime-security-applications)

Top Companies Market Share in Earth Observation Industry: (In no particular order of Rank)

• Maxar Technologies (USA)
• Airbus Defence and Space (France)
• DigitalGlobe (USA)
• Planet Labs (USA)
• BlackSky Global (USA)
• UrtheCast (Canada)
• Ball Aerospace (USA)
• Telespazio (Italy)
• European Space Imaging (Germany)
• Satellogic (Argentina)
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Earth Observation Market

Which Region Dominates the Earth Observation Market in 2024?

According to Cognitive Market Research, North America secured the largest market share in the Earth Observation market due to several factors. These include significant investments in space technologies, a robust network of satellite operators and data analytics companies, and strong government support for Earth observation initiatives. Additionally, North America is home to key players such as Maxar Technologies and Planet Labs, which dominate the market with their advanced satellite imaging capabilities and innovative solutions, further consolidating the region's leadership in the Earth Observation market.

Which Region is Expanding at the Fastest CAGR?

The Asia Pacific region is experiencing the fastest Compound Annual Growth Rate (CAGR) in the Earth Observation market due to several factors. These include rapid economic development, increasing government investments in space infrastructure and technology, and rising demand for geospatial information across various industries such as agriculture, urban planning, and disaster management. Moreover, the region's burgeoning space industry, technological advancements, and growing awareness of the benefits of Earth observation drive market expansion, resulting in the fastest CAGR in Asia Pacific.

The current report Scope analyzes Earth Observation Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Earth Observation

According to Cognitive Market Research, the global Earth Observation Market size was estimated at USD 4158.20 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 1663.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Earth Observation Market with a market size of USD 1312.33 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. The demand is amplified by the nation's significant investments in space technologies.
• The Canada Earth Observation Market had a market share of USD 199.59 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. This is due to strong government support for Earth observation initiatives.
• The Mexico Earth Observation Market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 151.36 million in 2024.

Europe Earth Observation

According to Cognitive Market Research, the global Earth Observation Market size was estimated at USD 4158.20 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 1247.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom Earth Observation Market had a market share of USD 209.57 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, Earth Observation sales witness an upswing due to the climate change mitigation.
• The France Earth Observation Market is projected to witness growth at a CAGR of 4.7% during the forecast period with a market size of USD 114.77 million in 2024.
• According to Cognitive Market Research, the Germany Earth Observation Market size was valued at USD 247.00 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, Earth Observation sales surge due to technological advancements.
• The Italy Earth Observation Market is projected to witness growth at a CAGR of 4.9% during the forecast period with a market size of USD 107.28 million in 2024.
• The Russia Earth Observation Market is projected to witness growth at a CAGR of 4.5% during the forecast period with a market size of USD 193.36 million in 2024.
• The Spain Earth Observation Market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 102.29 million in 2024
• The Luxembourg Earth Observation Market is projected to witness growth at a CAGR of 5.6% during the forecast period with a market size of USD 38.67 million in 2024.
• The Portugal Earth Observation Market is projected to witness growth at a CAGR of 5.3% during the forecast period with a market size of USD 26.20 million in 2024.
• The Greece Earth Observation Market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 14.97 million in 2024.
• Rest of Europe Earth Observation Market is projected to witness growth at a CAGR of 4.2% during the forecast period with a market size of USD 193.36 million in 2024.

Asia Pacific Earth Observation

According to Cognitive Market Research, the global Earth Observation Market size was estimated at USD 4158.20 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 956.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Earth Observation Market size was valued at USD 430.37 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Earth Observation sales surge in China due to region's burgeoning space industry.
• The Japan Earth Observation Market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 131.98 million in 2024.
• The India Earth Observation Market had a market share of USD 114.77 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period. This is due to technological advancements.
• The South Korea Earth Observation Market is projected to witness growth at a CAGR of 8.1% during the forecast period with a market size of USD 95.64 million in 2024.
• The Australia Earth Observation Market is projected to witness growth at a CAGR of 8.7% during the forecast period with a market size of USD 49.73 million in 2024.
• The South East Asia Earth Observation Market is projected to witness growth at a CAGR of 10.0% during the forecast period with a market size of USD 65.99 million in 2024.
• The Rest of Asia Pacific Earth Observation Market is projected to witness growth at a CAGR of 8.8% during the forecast period with a market size of USD 67.90 million in 2024.

South America Earth Observation

According to Cognitive Market Research, the global Earth Observation Market size was estimated at USD 4158.20 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 207.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Earth Observation Market size was valued at USD 88.99 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Earth Observation sales flourish in Brazil due to rising awareness of the benefits of Earth observation for environmental monitoring.
• Argentina Earth Observation Market had a market share of USD 34.93 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period. This is due to increasing government investments in space technology.
• Colombia Earth Observation Market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 18.50 million in 2024.
• Peru Earth Observation Market is projected to witness growth at a CAGR of 6.6% during the forecast period with a market size of USD 17.05 million in 2024.
• Chile Earth Observation Market is projected to witness growth at a CAGR of 6.7% during the forecast period with a market size of USD 14.97 million in 2024.
• The Rest of Latin America Earth Observation Market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 33.47 million in 2024.

Middle East Earth Observation

According to Cognitive Market Research, the global Earth Observation Market size was estimated at USD 4158.20 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 83.16 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.

• The GCC Countries Earth Observation Market is projected to witness growth at a CAGR of 7.5% during the forecast period with a market size of USD 35.59 million in 2024. Earth Observation sales flourish due to natural resource management.
• The Egypt Earth Observation Market is projected to witness growth at a CAGR of 7.0% during the forecast period with a market size of USD 8.73 million in 2024.
• The South Africa Earth Observation Market is projected to witness growth at a CAGR of 7.7% during the forecast period with a market size of USD 13.14 million in 2024. Earth Observation sales flourish in the South Africa due to increasing government investments in space technology.
• The Turkey Earth Observation Market is projected to witness growth at a CAGR of 6.2% during the forecast period with a market size of USD 7.15 million in 2024.
• The Nigeria Earth Observation Market is projected to witness growth at a CAGR of 5.8% during the forecast period with a market size of USD 8.73 million in 2024.
• The Rest of MEA Earth Observation Market is projected to witness growth at a CAGR of 5.7% during the forecast period with a market size of USD 9.81 million in 2024.

Earth Observation Market Analysis

Earth Observation Market Product Type Segment Analysis

According to Cognitive Market Research, EO Data stands out as the dominating category. The EO Data Product type has captured the largest market share in the Earth Observation Market due to its versatility and wide range of applications across various industries. EO data products offer valuable insights into environmental changes, urban development, agriculture, disaster management, and more. Moreover, advancements in satellite technology and data analytics have enhanced the quality and accessibility of EO data products, driving their adoption and dominance in the market as the preferred choice for geospatial information and analysis.

The Value-Added Services Product type is experiencing the highest Compound Annual Growth Rate (CAGR) in the Earth Observation Market due to its ability to provide customized solutions and actionable insights to end-users. These services include data analytics, interpretation, and visualization tailored to specific industry needs, such as agriculture, urban planning, and infrastructure development. As organizations increasingly recognize the value of actionable intelligence derived from Earth observation data, the demand for value-added services is growing rapidly, leading to the highest CAGR in this product category.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Earth Observation Industry. Request a Free Sample PDF!

Earth Observation Market Satellite Orbit Segment Analysis

According to Cognitive Market Research, the dominating category is Low Earth Orbit. Low Earth Orbit (LEO) Satellite Orbit has captured the largest market share in the Earth Observation Market due to several advantages it offers. LEO satellites provide high-resolution imagery, frequent revisits, and low latency, making them ideal for real-time monitoring and rapid response applications such as disaster management and security surveillance. Additionally, the decreasing cost of LEO satellite deployment and advancements in miniaturization technology have further propelled their adoption, consolidating their dominance in the Earth Observation Market.

The Medium Earth Orbit (MEO) Satellite Orbit is experiencing the highest Compound Annual Growth Rate (CAGR) in the Earth Observation Market due to its unique advantages. MEO satellites offer a balance between coverage, resolution, and revisit rates, making them suitable for a wide range of applications, including environmental monitoring, agriculture, and infrastructure management. Additionally, advancements in MEO satellite technology, such as higher resolution sensors and improved data processing capabilities, are driving their adoption and growth in the market.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Earth Observation End-Use Segment Analysis

According to Cognitive Market Research, the dominating category is Defense. Defense End-use has secured the largest market share in the Earth Observation Market due to the critical role of Earth observation data in defense and security applications. Military organizations utilize Earth observation technology for intelligence gathering, surveillance, reconnaissance, and threat assessment purposes. The high demand for real-time situational awareness, border monitoring, and maritime surveillance drives the adoption of Earth observation solutions in defense sectors worldwide, consolidating the dominance of Defense End-use in the market.

Urban Development End-use is experiencing the highest Compound Annual Growth Rate (CAGR) in the Earth Observation Market due to rapid urbanization trends globally. Earth observation data plays a crucial role in urban planning, infrastructure development, and land-use management in expanding cities. The need for accurate geospatial information to address urban challenges such as traffic congestion, environmental degradation, and infrastructure planning drives the adoption of Earth observation solutions in urban development sectors, leading to the highest CAGR in this end-use segment.

• Defense
• Urban Development and Cultural Heritage
• Agriculture
• Climate Services
• Energy and Raw Materials
• Infrastructure
• Others

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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