Portland, OR -- (SBWIRE) -- 05/14/2018 -- Satellites are primarily used to receive and transmit data in the form of images. The images received are analyzed and used extensively in predictive modeling across a variety of applications. Satellite-based earth observation is a subset of satellites, which uses remote sensing technologies to understand vital information pertaining to the Earths' ecosystem. Satellite operators are launching several earth observation satellites to satisfy the growing needs of consumers.

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The analysts forecast the satellite-based earth observation market in Europe to decline at a CAGR of (14.57%) during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the satellite-based earth observation market in Europe for 2017-2021. To calculate the market size, the report considers the revenue from data and value-added services (VAS).

The market is divided into the following segments based on geography:
- Rest of Europe
- Russia
- UK

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Satellite-based Earth Observation Market in Europe 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Airbus Group
- ImageSat International
- MDA
- Thales Group

Other prominent vendors
- Deimos Imaging
- e-GEOS
- Hisdesat Servicios Estratégicos
- Planet Labs
- PlanetiQ
- Terra Bella

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Market driver
- Rising technological enhancement in satellite imagery
- For a full, detailed list, view our report

Market challenge
- Increasing adoption of drones
- For a full, detailed list, view our report

Market trend
- Increasing use of analytics
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?