Satellite Market Growth, Top Impacting Factors To Growth Of The Industry By 2018 - 2026
Small Satellite Market The global small satellite market is likely to be fueled by a number of factors, including increased need for Earth observation images and analytics, an increase in the number of space exploration missions, and rising demand for LEO-based services. Disaster mitigation, meteorology, detecting climate changes, monitoring agricultural areas, and a variety of other services are all covered by Earth observation services. The need for high-resolution Earth imaging has grown across verticals, as images may be utilized for a variety of reasons, including accurate forest, water, and land resource management. The US administration is currently the major buyer of satellite imagery. As a result, most smallsat firms, both domestic and international, consider the US government as a reliable long-term customer with which to begin. The form of conflicts has altered dramatically since the invention of technology. Defense agencies around the world want space capa...