Market Share of Satellite-based Earth Observation Industry
The market for satellite-based earth observation is significantly fragmented, featuring a mix of global corporations and small to medium-sized businesses.Some of the major players are Airbus Defence and Space (Airbus SE), Esri Inc., Imagesat International (ISI) Ltd, MDA Corporation (Maxar Technologies), and Planet Labs PBC. Market players are employing strategies like partnerships and acquisitions to improve their product lines and secure a lasting competitive advantage.
March 2024 - Ursa Space Systems Inc. partnered with MAIAR, a UK small business specializing in the Defence Intelligence arena, to augment geospatial and open-source analytics for NATO, focusing on benefitting the United Kingdom's operational users. This collaboration leverages MAIAR’s deep understanding of mission intricacies and Ursa’s advanced analytics platform, providing a swift and impactful approach to geospatial analytics. Together, the two companies are poised to expedite delivery times and maximize the magnitude of results, ensuring improved value for both UK and NATO customers.
January 2024 - Imagesat International (ISI) stated that it was awarded a contract worth a total sum of around USD 37.5M for the provision of satellite services to an undisclosed strategic customer during a period of 5 years. Under this contract, ISI would deliver the customer 30 cm resolution imaging services through its EROS C2 and EROS C3 satellites and maintenance and ground station services.
Satellite-based Earth Observation Market Leaders
Airbus Defence and Space (Airbus SE)
ESRI INC.
IMAGESAT INTERNATIONAL (I.S.I) LTD
MDA Corporation (Maxar Technologies)
PLANET LABS PBC
*Disclaimer: Major Players sorted in no particular order
