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NEW YORK, May 12, 2021 /PRNewswire/
The global satellite-based earth observation market by type (VAS, and data), application (defense, weather, LBS, energy, and other applications), and geography (APAC, Europe, MEA, North America, and South America) has been added to Technavio s offering. The global satellite-based earth observation market is expected to grow by USD 4.51 billion. However, the market growth momentum is expected to decelerate at a CAGR of over 13% during 2020-2024.
Technavio has announced its latest market research report titled Satellite-based Earth Observation Market by Type, Application, and Geography - Forecast and Analysis 2020-2024
A large number of EO satellites are expected to be placed into orbit during the forecast period. For instance, the UK has been focusing on maximizing the potential use and application of satellite-based EO for various purposes including economic development, meteorological monitoring and science applications,
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Technavio Research: Low-Cost Satellite Market Size Will Grow Over $ 1 Billion During 2020-2024 | Wide-scale Deployment of Secure and Reliable Internet Services to Emerge to Be Key Trend Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210127006075/en/
Technavio has announced its latest market research report titled Global Low-Cost Satellite Market 2020-2024 (Graphic: Business Wire)
Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the low-cost satellite market.
Get FREE report sample within MINUTES One of the primary growth drivers for this market is the rapid development and deployment of low-cost satellites , says a senior analyst for the Industrials industry at Technavio. As the markets recover, Technavio expects the low-cost satellite market size to grow by USD 1.06 billion during the period 2020-2024.
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