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

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

Continue Reading

Technology

NUH WINS GOLD AT IHF AWARDS 2026 FOR GREEN OPERATING THEATRE PROGRAMME

Published

on

By

 NUH won Gold and received an Honourable Mention for its sustainability efforts at the International Hospital Federation Awards 2026, alongside presentations of its green surgical initiatives, digital health and organisational improvement initiatives at the World Hospital Congress.

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — The National University Hospital (NUH) has won the Gold Award (Low Carbon Healthcare) for its Green Operating Theatre programme at the International Hospital Federation (IHF) Awards 2026. The hospital also received an Honourable Mention (Hospital Sustainability Acceleration) for its system-wide approach to embedding sustainability across healthcare delivery and hospital operations.

The awards were presented at the 49th World Hospital Congress in Seoul, where NUH is also sharing other initiatives in environmental sustainability, digital health and organisational improvement.

Professor Aymeric Lim, Chief Executive Officer of NUH, said: “Healthcare must become more sustainable without compromising patient care. Our teams have shown that simple, practical changes on the ground, from the way we run our operating theatres to how we use resources, can make a real difference. This recognition belongs to the multi-disciplinary teams and partners who turned ideas into everyday practice, and who continue to improve how we care for our patients.”

Advancing low-carbon healthcare by reducing the environmental impact of surgical care

NUH’s Green Operating Theatre (OT) programme began with efforts to reduce the use of high-carbon anaesthetic gases. What started as a targeted decarbonisation initiative has since grown into a hospital-wide programme that brings together clinicians, nurses, operations teams and facilities staff to drive sustainability across surgical practices, resource use, waste management and energy management.

The programme has achieved a 99 per cent reduction in the use of desflurane, a high-carbon anaesthetic gas, and delivered annual energy savings of about 660,000 kWh by optimising operating theatre ventilation during non-operating hours.

Surgical teams redesigned instrument sets used for high-volume knee replacement procedures to better reflect routine requirements, reducing emissions by almost 10,000 kg CO2e annually while also cutting water use and sterilisation workload. Efforts have also been made to reduce unnecessary consumables and expand medical recycling streams.

Collectively, these initiatives have generated valuable insights that NUH has actively shared through inter-cluster platforms and collaborations, helping to inform the adoption of low-carbon practices across Singapore’s public healthcare system.

Embedding sustainability into everyday healthcare delivery

NUH received an Honourable Mention for its organisation-wide approach to embedding sustainability into hospital planning and operations.

Guided by the IHF Sustainability Accelerator Tool, NUH integrated sustainability into leadership oversight, strategic planning and everyday decision-making, strengthening efforts in Appropriate Value-based Care, virtual care, procurement, workforce engagement and environmental stewardship.

This system-wide approach to advancing a sustainable healthcare system has been recognised internationally. In 2025, NUH became the first hospital worldwide to receive the Joint Commission International-Geneva Sustainability Centre’s Healthcare Sustainability Certification. This year, it was the only hospital in Singapore to be accorded the highest 5-Leaf distinction in Newsweek-Statista’s World’s Greenest Hospitals index.

A new model of rehabilitation care

Recognised as one of the top three healthcare innovations selected for the International Hospital Federation’s i-to-i Innovation Hub Awards 2026, the NUH Virtual Rehabilitation Centre (VRC) is helping to extend rehabilitation beyond hospital walls.

Developed as a virtual-first rehabilitation ecosystem, the VRC combines personalised patient education, self-management tools, AI-enabled telerehabilitation, remote monitoring and digital rehabilitation pathways to support patients throughout their recovery journey. By enabling rehabilitation to continue beyond traditional clinic visits, the VRC improves access to care, strengthens patient participation in recovery and allows therapists to focus their attention on patients with more complex rehabilitation needs. The digital home exercise programme, for instance, supports around 2,000 patients and records about 21,000 logins each month, freeing up the equivalent of 66 physiotherapist workdays annually for direct patient care.

The innovation demonstrates how technology can be used not simply to digitise existing services, but to transform how rehabilitation is delivered at scale.

Helping doctors work smarter with electronic medical records

NUH also presented results from its Great Epic Transformation (GET) programme at the 49th World Hospital Congress in Seoul. The hospital-wide programme trained specialist doctors to personalise their Epic electronic medical record (EMR) workflows, using customised note templates, order sets and shortcuts to work more efficiently.

Nine months after training, participating doctors spent 10.2 per cent less time in the EMR each day, equivalent to more than 33 hours saved per doctor annually, while time spent placing orders fell by 26.5 per cent. Twelve of 13 efficiency measures improved across both medical and surgical specialties. Based on annual estimates, the overall efficiency gains are valued at more than S$91 million a year.

The programme is being extended to allied health professionals and pharmacists across NUHS, with a target of reaching more than 2,000 healthcare professionals by the end of 2026.

About the National University Hospital (NUH)­

The National University Hospital (NUH) is Singapore’s university hospital. While the hospital at Kent Ridge first received its patients on 24 June 1985, our legacy started from 1905, the date of the founding of what is today the NUS Yong Loo Lin School of Medicine. NUH is the principal teaching hospital of the medical school.

Our unique identity as a university hospital is a key attraction for healthcare professionals who aspire to do more than practise tertiary medical care. We offer an environment where research and teaching are an integral part of medicine, and continue to shape medicine and transform care for the community we care for.

We are an academic medical centre with over 1,200 beds, serving more than one million patients a year with over 50 medical, surgical and dental specialties. NUH is the only public and not-for-profit hospital in Singapore to provide trusted care for adults, women and children under one roof, including the only paediatric kidney and liver transplant programme in the country.

The NUH is a key member of the National University Health System (NUHS), one of three public healthcare clusters in Singapore. For more information, visit www.nuh.com.sg

Follow us on

Facebook | Instagram | LinkedIn | TikTok | YouTube

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/nuh-wins-gold-at-ihf-awards-2026-for-green-operating-theatre-programme-302916198.html

SOURCE National University Hospital (NUH)

Continue Reading

Technology

NEXCOM NGFW platforms secure growing traffic across modern academic networks

Published

on

By

TAIPEI, Oct. 21, 2026 /PRNewswire/ — NEXCOM, a leading supplier of network appliances, is helping academic institutions strengthen network security as digital learning expands across cloud platforms, AI-powered tools, remote access, and connected campus services.

As educational environments become more distributed, academic networks must support growing traffic and diverse connections while protecting sensitive data and maintaining reliable access to learning resources. NEXCOM’s Next-Generation Firewall (NGFW) platforms provide a centralized security layer for inspecting and controlling traffic across campus and remote environments.

Learn more about securing digital learning environments in the joint case study.

Centralized Security for Digital Learning

On campus, NGFW platforms can inspect traffic between academic networks and external resources as students and faculty access learning platforms and web services. For remote users, secure VPN connectivity supports authorized access to internal resources while enabling centralized security policies.

“Every new digital service in education adds value for students and educators, but it also adds traffic, connections, and another layer of security responsibility,” says Allan Chiu, VP of Networking and Communication Solutions at NEXCOM. “The challenge is making sure security keeps pace without slowing down the learning experience. NEXCOM’s NGFW platforms provide the performance and scalability needed to secure modern, highly distributed academic networks.”

Scalable Platforms for Network Security

NEXCOM’s portfolio provides scalable platforms for firewall, edge security, secure remote access, and demanding network security workloads. Key platforms include:

NSA 7160R: A 2U high-performance security platform powered by dual Intel® Xeon® Scalable processors, with eight PCIe 5.0 expansion slots and throughput of up to 1.6 Tbps.FTA 5190: A compact 1U edge server powered by Intel Xeon 6 SoC technology, designed for reliable connectivity and security at the network edge.

About NEXCOM

Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM is shaping the future of AI-powered networking with its software-defined solutions. Through its Network and Communication Solutions (NCS) unit, NEXCOM delivers cutting-edge platforms for Cybersecurity, OT Security, SD-WAN, SASE, Load Balancing, 5G uCPE, edge AI, and more. NCS specializes in professional design and manufacturing services, enabling reliable and scalable network infrastructures for businesses of all sizes. With a focus on innovation, NEXCOM’s solutions empower customers worldwide to build resilient, high-performance networks tailored to the demands of tomorrow’s connectivity challenges.

View original content to download multimedia:https://www.prnewswire.com/news-releases/nexcom-ngfw-platforms-secure-growing-traffic-across-modern-academic-networks-302916203.html

SOURCE NEXCOM International Co., Ltd.

Continue Reading

Technology

Forrester’s 2027 B2B Go-To-Market Predictions: AI Agents Will Influence 75% Of B2B Purchase Decisions

Published

on

By

To remain competitive, providers must strengthen customer trust, substantiate value claims, and offer human expertise and guidance

SINGAPORE, Oct. 22, 2026 /PRNewswire/ — According to Forrester’s (Nasdaq: FORR) 2027 B2B go-to-market predictions, business buyers will increasingly deploy AI agents to handle tasks across the buying process, from supplier discovery and information gathering to contract-renewal analysis. While truly autonomous buying will remain concentrated in high-volume, low-risk, and repeatable purchases, the ubiquity of these agents will require providers to ensure that their systems and sellers can respond with speed, accuracy, and consistency.

Forrester’s B2B Predictions reports, covering topics including B2B go-to-market strategy, business buyers, and content and creative, offer forward-looking insights to help executives and their teams anticipate change, reduce uncertainty, and make confident decisions ahead of market shifts. Key highlights from the 2027 B2B go-to-market predictions include:

Buyers will double their human interactions to validate AI-generated recommendations. As AI becomes the primary interface for researching products and providers, buyers will encounter more AI-generated recommendations, synthetic content, automated outreach, and agent-mediated interactions. Since AI cannot fully judge service provider fit, feasibility, trust, or accountability, buyers will require conversations with provider teams and trusted third parties including analysts, customer references, and partners to confirm and validate buying decisions.Two-thirds of providers will lose deals because buyers cannot verify claims. Buyers already use AI-assisted search and analysis tools to gather information about products and vendors, synthesize provider claims, and fact check. As the reliance on these capabilities continue to advance, go-to-market teams will need to act fast to restructure content discovery for AI tools, including providing credible and consistent proof points that AI tools can index and validate.Most CMOs will cut programs or accept reduced capacity after overestimating AI gains. As pressure intensifies to reduce personnel costs with AI, marketing leaders will eliminate as many as 25% of roles in anticipation of productivity gains that fail to meet expectations. As a result, they will have to choose between cutting program budgets to restore capacity through rehiring, contractors, or agency support or accept reduced execution with a smaller team. In either case, lower campaign investment, weaker execution, or both will reduce marketing’s overall value contribution.

“In 2027, the defining challenge for B2B go-to-market leaders will be to make deliberate choices about what to automate and where human judgment still matters,” said Sharyn Leaver, chief research officer at Forrester. “As AI becomes ubiquitous across the buying process, B2B leaders that pair AI-driven speed and convenience with transparency, control, and trust will extract the most value from AI.”

Resources:

Download Forrester’s 2027 Predictions guide for B2B go-to-market.Register for Forrester’s webinar exploring the key trends reshaping B2B go-to-market strategies in 2027.Learn how to turn these predictions into action through Forrester’s global B2B events and research programs.

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, revenue, and product functions to make confident decisions in an AI-driven world and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/forresters-2027-b2b-go-to-market-predictions-ai-agents-will-influence-75-of-b2b-purchase-decisions-302915245.html

SOURCE Forrester

Continue Reading

Trending