Houston, TX -- (SBWIRE) -- 04/26/2018 -- This research report on satellite-based global observational markets provides readers with a comprehensive assessment of market trends and opportunities. This report discusses immediate challenges with key drivers that the market is expected to have on its growth over the next five years. This report is an extension of previous studies on satellite-based earth observation markets and is expected to provide more information on the growth opportunities that exist in this market.

This market research report on the satellite-based Earth observation market is an integral part of Research intelligence within the market space for Machine to Machine (M2M) and connected devices. To provide customers with a better understanding of this market, this market research analyst presents valuable market insights through visually appealing infographics and charts. To help customers gain better market understanding, our reports to the industry follow an extensive data collection methodology and provide an analysis of the rapidly growing market segments.

Key Features of the Satellite-Based Earth Observation Market 2018-2022:

A complete market definition of satellite-based earth observation market., Analyze with multiple marketing tools such as five power models., Detailed characterization of upper market.

Market forecasts based on industry lifecycles, market innovations, new M & A and interruption threats., In-depth information on changing competitive scenarios and detailed supplier analysis

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The Major players reported in the market include: DigitalGlobe, DMC International Imaging, MDA Information System, Skybox Imaging (Google), ImageSat International, BlackBridge Group (Rapid Eye), Deimos Imaging, eGEO, GeoOptics

Satellite-based Earth Observation (EO) is the process of using remote sensing technology to gather information about the chemical, physical, and biological aspects of Earth systems. This technology uses cameras and sensors to measure Earth's geophysical parameters in orbit. The information collected can be used effectively to monitor and predict cloud cover and climate patterns and to detect and evaluate flood, tsunami and other natural disasters, agricultural and usage, oil and mineral deposits, and damage to water supply. You can also manage your natural resources on the planet. The satellite-based earth observation industry is seeing impressive growth, with about 260 satellite launches expected over the next 10 years.

One of the key drivers of this market is the technological enhancement of satellite imagery. Advanced image enhancement equipment, such as high-resolution cameras, and advanced remote sensing technologies have improved the quality of satellite-based earth observation images. This data is shared by various satellites and is used by defense, scientific, research and development organizations and individual users. GeoEye and DigitalGlobe, US-based global observatories, share more than 60% of total revenue in sales of commercial data with SPOT Image, which is based in Europe.

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The challenge to the image market is the initial high investment cost. Moreover, the other challenge arising from the inconsistency between different databases still persists due to the isolation of different satellites. All these challenges are expected to be solved by the many expected technologies developed by the New Earth Formation Systems Group (GEOSS). It is a system of systems that connects loop observing systems from around the world and fills loop holes in rare technical standards found in the development of new observation systems.

This Research Provide information and analysis directly to users in a variety of domains by providing a single Internet access point for all users who retrieve EO data from existing databases and the latest portals. Users such as investigators, farmers, miners, fishermen, engineers, and other decision makers are pursuing business goals as demand for EO data increases. The technology is also expected to stimulate growth in other areas of the earth observation market such as land management, natural disaster response, insurance, real estate and tourism. Demand for EO data from public agencies and private companies such as Google, Inc. is expected to increase for use in mapping and location-based services, driving growth in the global observation market.

The United States, Europe, China and India are all important operators of remote sensing satellites. Major carriers and service providers in the region work with geographic information systems (GIS) companies and mobile device manufacturers to deliver advanced information products and services to individual consumers. In addition to cooperation between carriers, the government's efforts to adopt EO to expand capacity through technology transfer will be a key driver of the satellite-based Earth observation market.