Connect with us

Technology

Satellite Data Service Market Size to Grow USD 12290 Million by 2030 at a CAGR of 12.3% | Valuates Reports

Published

3 years ago

on

BANGALORE, India, March 5, 2024 /PRNewswire/ — Satellite Data Service Market is Segmented by Type (Image Data, Data Analytics), by Application (Environmental, Defense and Security, Surveying and Exploration, Agriculture, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030. It is Published in Valuates Reports Under the Category of Internet & Telecom.

The global Satellite Data Service market was valued at USD 5421.3 Million in 2023 and is anticipated to reach USD 12290 Million by 2030, witnessing a CAGR of 12.3% during the forecast period 2024-2030.

Claim Your Free Sample Now:

https://reports.valuates.com/request/sample/QYRE-Auto-17H15507/Global_Satellite_Data_Service_Market_Research_Report_2023

Major Factors Driving The Growth Of Satellite Data Service Market

The market for satellite data services is expanding quickly because of developments in satellite technology, such as downsizing, enhanced data transfer capacities, and lower launch expenses, have increased the affordability and accessibility of satellite data for a wider variety of uses.

The market is expanding due to the growing need for real-time Earth observation data from a variety of industries, including forestry, urban planning, agriculture, and disaster relief.

The market’s potential is being increased by the advent of new applications that use satellite data, such as infrastructure monitoring, climate monitoring, and autonomous vehicle navigation. Further driving market expansion are the rising expenditures made by both public and commercial sectors in satellite deployment and space exploration.

Unlock Insights: View Full Report Now!

https://reports.valuates.com/market-reports/QYRE-Auto-17H15507/global-satellite-data-service

TRENDS INFLUENCING THE GROWTH OF SATELLITE DATA SERVICE MARKET

The market for satellite data services is propelled by the rising need for Earth observation data for a range of uses, including environmental monitoring, disaster relief, urban planning, and agriculture. Synthetic aperture radar (SAR) and high-resolution imaging sensors on board satellites make it possible to gather precise and fast data about the surface of the Earth, which helps businesses and government organizations make educated decisions and get useful insights. The market for satellite data services is expanding due to developments in remote sensing technology, such as satellite sensors, data analytics, and machine learning algorithms. These technical advancements allow for more complex analysis and applications in fields like infrastructure monitoring, natural resource management, and climate modeling by improving the geographical and temporal resolution, accuracy, and interpretability of satellite data.

The market for satellite data services is expanding as a result of the integration of satellite data with artificial intelligence (AI) and Internet of Things (IoT) technologies. By offering worldwide coverage and context-rich information for applications like asset tracking, supply chain management, and environmental monitoring, satellite-derived data streams may supplement IoT sensor networks. When AI algorithms are used with satellite data, automated analysis, pattern identification, and predictive modeling may be achieved. This opens up new possibilities and fresh insights for companies and organizations.

Defense, security, and intelligence applications using geospatial intelligence (GEOINT) systems. Advanced sensors and image capabilities aboard satellites make it possible to gather intelligence that may be used for military reconnaissance, border monitoring, disaster relief, and counterterrorism activities. The need for satellite data services for GEOINT applications is growing as long as geopolitical tensions remain.

The demand for climate resilience and sustainable resource management is driving the introduction of new use cases in environmental monitoring and agriculture, which is driving the satellite data service industry. Precision agricultural techniques like crop monitoring, yield prediction, and water management are made possible by satellite data, which raises production and ensures food security. Additionally, policy choices and conservation efforts are informed by satellite-based monitoring of environmental indicators including pollution, deforestation, and the effects of climate change. The market for satellite data services is expanding as a result of the increased use of satellite communication services, such as broadband internet, satellite TV, and satellite radio. In areas with insufficient or nonexistent terrestrial infrastructure, these services rely on satellite data transmission and receiving capabilities to deliver access to rural and underserved areas.

The market for satellite data services is expanding as a result of consumer demand for satellite location and navigation systems like GPS, Galileo, and GLONASS. Accurate location, timing, and navigational data are provided by these satellite-based navigation systems for a range of uses, such as outdoor leisure, transit, logistics, and surveying. The need for satellite data services for positioning and navigation is only going to grow as more sectors and consumer markets rely on satellite navigation technology.

Own It Today – Buy Now! https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-17H15507&lic=single-user

SATELLITE DATA SERVICE MARKET SHARE ANALYSIS

With a combined market share of over 35%, the top 5 global manufacturers of satellite data services are Maxar Technologies, Airbus, Planet Labs, L3Harris, and ICEYE. With a market share of almost 17%, Maxar Technologies is the most prominent among them.

With a market share of over 56%, North America leads the market, followed by China and Europe, with respective shares of roughly 22% and 7%. Regarding product category, Image Data holds the most market share, accounting for around 60% of the total. In addition, the environmental field has the most use of any product, followed by surveying and exploration.

Key Players:

Maxar TechnologiesAirbusPlanet LabsL3HarrisICEYEBlackSkyCapella SpaceEuropean Space ImagingSatpalda Geospatial ServicesImageSat InternationalUrsa Space SystemsSatellogic

Purchase Regional Data:

https://reports.valuates.com/request/regional/QYRE-Auto-17H15507/Global_Satellite_Data_Service_Market_Research_Report_2023

SUBSCRIPTION

We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.

DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

–  Satellite Reaction Wheel Market

–  The global LEO Satellite market size is estimated to be worth USD 5162.6 Million in 2022 and is forecast to a readjusted size of USD 16740 Million by 2028 with a CAGR of 21.7% during the forecast period 2022-2028.

–  Satellite M2M and IoT Network Market

–  The global small satellite market size was valued at USD 3215.9 Million in 2020 and is projected to reach USD 13711.7 Million by 2030 growing at a Compound Annual Growth Rate (CAGR) of 16.4%.

–  The global Satellite Bus market size is expected to reach USD 11880 Million by 2029, growing at a CAGR of 3.4% from 2023 to 2029.

–  The global Satellite Solar Panel market is projected to reach USD 2192.1 Million in 2029, increasing from USD 1526.8 Million in 2022, with the CAGR of 4.9% during the period of 2023 to 2029.

–  The global Low-Cost Satellite market was valued at USD 1030 Million in 2023 and is anticipated to reach USD 3992.4 Million by 2030, witnessing a CAGR of 21.1% during the forecast period 2024-2030.

–  The global Satellite Communication (SATCOM) market is projected to reach USD 219440 Million in 2029, increasing from USD 171710 Million in 2022, with the CAGR of 3.6% during the period of 2023 to 2029.

–  The global Artificial Satellite market is projected to reach USD 2700.9 Million in 2029, increasing from USD 1623 Million in 2022, with the CAGR of 8.0% during the period of 2023 to 2029.

–  Earth Observation Satellite Market

–  Small Satellite Services market was valued at USD 1030 Million in 2023 and is anticipated to reach USD 3564.1 Million by 2030, witnessing a CAGR of 19.0% during the forecast period 2024-2030.

–  Satellite Antenna market size is estimated to be worth USD 2414 Million in 2021 and is forecast to reach size of USD 3592 Million by 2028 with a CAGR of 5.8% during the review period.

–  Satellite Imagery market is projected to grow from USD 2992.1 Million in 2023 to USD 8048.5 Million by 2029, at a Compound Annual Growth Rate (CAGR) of 17.9% during the forecast period.

–  Satellite Remote Sensing Service Market revenue was USD 2914.9 Million in 2022 and is forecast to a readjusted size of USD 5947.6 Million by 2029 with a CAGR of 10.4% during the review period (2023-2029).

–  Satellite Launch System Market

–  Satellite Damper market is projected to reach USD 1159.2 Million in 2029, increasing from USD 820 Million in 2022, with a CAGR of 4.9% during the period of 2023 to 2029.

–  Satellite Compasse – Global Market Insights and Sales Trends 2024

–  Small Satellite Solution Market

–  Satellite Manufacturing and Launch Market

–  Satellite-as-a-Service (SataaS) Market

–  Satellite News Gathering Vehicle(SNG Vehicles) Market

–  Government and Military Satellite Communications market size is expected to reach USD 63880 Million by 2029, growing at a CAGR of 4.2% from 2023 to 2029.

–  Satellite Ground Station Equipment market size is expected to reach USD 15390 Million by 2029, growing at a CAGR of 4.9% from 2023 to 2029.

–  Commercial Satellite Broadband Market revenue was USD 4204.9 Million in 2022 and is forecast to a readjusted size of USD 8472.3 Million by 2029 with a CAGR of 10.4% during the review period (2023-2029).

–  Satellite Enabled IoT Software Market

–  Medium and Large Satellite market was valued at USD 151110 Million in 2023 and is anticipated to reach USD 182920 Million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.

–  3D Printing in Low-Cost Satellite market was valued at USD 194.5 Million in 2023 and is anticipated to reach USD 322.6 Million by 2030, witnessing a CAGR of 7.5% during the forecast period 2024-2030.

–  Mobile Satellite Phone market size is expected to reach USD 758.6 Million by 2029, growing at a CAGR of 4.2% from 2023 to 2029.

–  Military Satellite Payloads and Subsystems Market

–  SATCOM Amplifier Systems market was valued at USD 1225.9 Million in 2023 and is anticipated to reach USD 1574.9 Million by 2030, witnessing a CAGR of 3.6% during the forecast period 2024-2030.

DISCOVER OUR VISION: VISIT ABOUT US!

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

YOUR FEEDBACK MATTERS: REACH OUT TO US!

Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Blog: https://valuatestrends.blogspot.com/
Pinterest: https://in.pinterest.com/valuatesreports/
Twitter: https://twitter.com/valuatesreports
Facebook: https://www.facebook.com/valuatesreports/
https://www.facebook.com/valuateskorean
https://www.facebook.com/valuatesspanish
https://www.facebook.com/valuatesjapanese 

Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/satellite-data-service-market-size-to-grow-usd-12290-million-by-2030-at-a-cagr-of-12-3–valuates-reports-302079879.html

Related Topics:
Continue Reading

Technology

TeamLogic IT Honors Top Franchisees, Brings Leading Industry Experts Together at TeamLogic IT Owners Summit Convention

Published

23 minutes ago

on

October 21, 2026

By

MISSION VIEJO, Calif., Oct. 21, 2026 /PRNewswire/ — TeamLogic IT, a national provider of managed IT services and technology support, celebrated the achievements of its franchise network at the company’s annual Owners Summit and Vendor Show, held October 5-8, 2026. The event brought together TeamLogic IT franchisees, vendors and partners for a week of learning, collaboration and connection, culminating in the recognition of the network’s top-performing franchisees.

“One of the things that makes TeamLogic IT so special is the strength of our franchisee community. Our TeamLogic IT franchise owners represent the very best of the managed services industry,” says Richard Lowe, president and CEO of TeamLogic, LLC. “Owners Summit gives us the opportunity to come together, exchange ideas and celebrate what we’ve accomplished as a network. Recognizing our top-performing owners is always a highlight. Their leadership and commitment to delivering high-quality technology solutions are helping drive our network forward and strengthen the TeamLogic IT brand nationwide.”

The sold-out vendor exhibition featured more than 70 leading companies in the technology industry, including Pax 8, the conference’s signature sponsor, Bitdefender, Blackpoint, Cytracom, Sophos, Kaseya, N-able, NinjaOne, Proofpoint, Rewst, Slide and more.

At a closing ceremony, the following awards were presented:

Franchisee of the Year: Arti Dutt – West Northridge, CA

Rookie of the Year: Reese Verschelde and Corey Gisondi – Bryn Mawr, PA

Technician of the Year: Federico Hansen – N. Palm Beach, FL

VIP (Volume Increase Percentage)
Larry Anderson and Tony Anderson – Montgomery, ALSteve Anderson – Johns Creek, GATop 15 (Based on 2025 sales)
Jim Hackett and Andrew Hackett – Woburn, MATodd & Linda Harrell – Morris Plains, NJTodd & Ruth Tolly – Santa Rosa, CAPaul Behrman & Nadia Pukhova – Lake Forest, CACory & Kathleen Boxall – Ashburn, VARob Fallows & Chris Kasten – Phoenix, AZKirk Gramoll and John Halama – Germantown, WICindy McPike, Cameron Nelson, and Jacob Harrington – Salem, ORBob Roloff – Ft. Myers, FLDwight & Allison Blankenship – Columbus, OHRick Higgins – Dunwoody, GADan & Becky Thomas – Durham, NCScott Daniels – Naples, FLEric Summers – Des Moines, IARandall Wilson – Decatur, ALMillion Dollar Club
Kyle Temple – Richmond, VAJeremy Mason – East Madison, WIJoseph & Joyce Tauras – Manchester, NHSandeep Kaushal – Vernon, CTJim & Mikki Young – Lake Arlington, TXSteve & Jamie McGlumphy – Aurora, ILMike Treiser and Danny Ramey – Denver West, COMayank & Jaimini Patel – Niles, ILAllen Chu – White Plains, NY

About TeamLogic IT
TeamLogic IT is a national provider of advanced technology solutions for companies of all sizes. Local offices provide clients with the IT support they need to run their businesses more efficiently by leveraging the latest technology solutions, including managed IT services, cybersecurity, business continuity, cloud, co-managed IT services, managed AI, and consulting and support. With more than 350 independently owned and operated locations across North America, TeamLogic IT helps companies minimize downtime, improve productivity and secure their IT infrastructure. Visit www.teamlogicit.com or www.TeamLogicFranchising.com for more information on the TeamLogic IT franchise network.

View original content to download multimedia:https://www.prnewswire.com/news-releases/teamlogic-it-honors-top-franchisees-brings-leading-industry-experts-together-at-teamlogic-it-owners-summit-convention-302915763.html

SOURCE TeamLogic, LLC

Continue Reading

Technology

Mili and Egnyte Partner to put Client Documents to work in Financial Advice

Published

23 minutes ago

on

October 21, 2026

By

The partnership brings Egnyte’s secure content platform and Mili’s AI agents together, so advice firms can deliver more comprehensive, personalized advice at scale.

SUNNYVALE, Calif., Oct. 21, 2026 /PRNewswire/ — Mili, an AI platform for wealth management firms, and Egnyte, a leader in secure content collaboration, intelligence, and governance, today announced a partnership that brings Mili’s AI agents to client documents in Egnyte. Advisors work from a file or a whole client folder alongside data from the firm’s CRM, portfolio and planning systems, under each advisor’s Egnyte permissions.

Kitces Research finds that reviewing client documents is the most common way advisors use AI. Its productivity research puts a new financial plan at 15 to 40 hours of team time.

Advisors use Mili’s agents to model the tax cost of moving a client’s accounts into the firm’s strategy, weigh a rebalance against unrealized gains, summarize a bonus agreement and build a financial snapshot from a statement. The agents link answers to their sources and flag what an analysis may still need.

David Ringler, Managing Director at Onyx Bridge Wealth Group ($1.6B+ AUM), said, “Egnyte and Mili are two valuable pieces of technology in our stack, and bringing them together has changed how our practice runs. Mili’s meeting prep and planning agents have become significantly better with Egnyte data behind them.”

Chirag Gandhi, Co-Founder and CEO of Mili, said, “How many clients an advice firm can serve well has long been capped. It is set by the work of understanding each client’s financial life. Agentic AI is changing that, helping advice firms uplift client capacity by accelerating the delivery of high-quality advice.”

Kyle Blair, Director of Global Financial Services at Egnyte, said, “Egnyte helps financial services firms accelerate critical business operations by turning document-heavy tasks into faster, connected, and revenue-generating workflows. Our partnership enables Mili’s AI agents to securely access and work on customer data within Egnyte for better business outcomes.”

The integration is live for mutual customers. Building on Mili’s work with hundreds of advice firms, it aims to put a firm’s full client knowledge into its advice.

About Egnyte

Egnyte is a leader in secure content collaboration, intelligence, and governance, trusted by more than 23,000 customers to increase employee productivity, drive operational efficiencies, and secure mission-critical content. Egnyte’s AI-powered platform empowers organizations to create, share, and protect their information at scale, with specialized solutions designed to meet the unique needs of organizations in architecture, engineering, and construction (AEC), financial services, life sciences, and other industries. For more information, visit www.egnyte.com.

About Mili

Mili is an AI platform for wealth management firms. Its specialized agents automate advisor workflows across meetings, prospecting, onboarding, planning, data management, document intelligence, and compliance. Mili is SOC 2 certified, ISO 27001 compliant, and works with RIAs and broker-dealers managing $250B+ in client assets. Learn more at getmili.ai.

Media Contact

Chirag Gandhi
chirag@getmili.ai

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mili-and-egnyte-partner-to-put-client-documents-to-work-in-financial-advice-302915772.html

SOURCE Mili

Continue Reading

Technology

QUANTUM CONNECTIONS PROMOTES JAMES “JAMIE” GRIFFETH TO CHIEF OPERATING OFFICER AND DIRECTOR OF THE DIALOGUE TRAINING INSTITUTE

Published

24 minutes ago

on

October 21, 2026

By

DALLAS, Oct. 21, 2026 /PRNewswire/ — Quantum Connections® has promoted James “Jamie” Griffeth to Chief Operating Officer. Griffeth joined the organization in September of 2025 as Chief Learning Officer and will continue to serve as Director of the Dialogue Training Institute in addition to his new responsibilities.

Since joining Quantum Connections, Griffeth has focused on the organization’s learning mission. He designed a four-tier practitioner credentialing framework, architected the Quantum Dialogue Profile behavioral assessment, led the migration to a new enterprise learning management system, and built the organization’s localization pipeline—delivering that training in French Canadian with Spanish and Chinese queued as next languages.

Griffeth’s expanded role brings together organizational operations and learning leadership around multiple goals: maintaining the company’s infrastructure in ways that align with its mission, expanding the certified leadership network, and continuing to make dialogue skills easier to access, practice, and apply in everyday life.

“Jamie has earned my complete trust and admiration thorough his exceptional leadership, strategic thinking, and ability to turn vision into execution.” Said Dr. Jonathan Thorp, Chief Executive Officer of Quantum Connections. “When I asked him to success me as Chief Learning Officer, I already knew he was capable of great things. His performance has only reinforced that confidence. I’m delighted to recognize his contribution with this promotion and look forward to partnering with him as we continue building the future of Quantum Connections.”

Griffeth will continue to support Quantum Connections’ mission by preparing the company for sustainable growth while maintaining the quality and consistency of its learning experiences. By linking program delivery to assessments and evidence, Griffeth aims to use technology to expand its reach to more partners and clients, helping them understand how to apply dialogue skills and the outcomes that follow.

About Quantum Connections
Quantum Connections, founded by renowned relationship experts Harville Hendrix, Ph.D., and Helen LaKelly Hunt, Ph.D., leverages over 40 years of expertise to provide individuals and organizations with invaluable relational competency skills rooted in neuro and quantum social sciences. Quantum Connections serves small businesses, large corporations, global faith communities, educational institutions, and community organizations, as well as individuals, couples, and families, offering live and on-demand training, coaching certification, and resources to foster authentic connections through effective communication and skill development.

View original content to download multimedia:https://www.prnewswire.com/news-releases/quantum-connections-promotes-james-jamie-griffeth-to-chief-operating-officer-and-director-of-the-dialogue-training-institute-302915777.html

SOURCE Quantum Connections LLC

Continue Reading

Trending