South Korea Satellite Imagery Services Market Size Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The South Korea Satellite Imagery Services Market is Segmented by Application (Geospatial Data Acquisition and Mapping, Natural Resource Management, Surveillance, and Security, Conservation, and Research, Disaster Management, Intelligence), by End-User (Government, Construction, Transportation, Logistics, Military and Defense, Forestry, and Agriculture, and Other End Users). The Market Sizes and Forecasts are Provided in Terms of Value (USD ) for all the Above Segments.

South Korea Satellite Imagery Services Market Size Share Analysis - Growth Trends & Forecasts (2025 - 2030)

South Korea Satellite Imagery Services Market Size

South Korea Satellite Imagery Services Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 184.52 Million
Market Size (2030) USD 309.67 Million
CAGR (2025 - 2030) 10.91 %
Market Concentration Medium

Major Players

South Korea Satellite Imagery Services Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of South Korea Satellite Imagery Services Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

South Korea Satellite Imagery Services Market Analysis

The South Korea Satellite Imagery Services Market size is estimated at USD 184.52 million in 2025, and is expected to reach USD 309.67 million by 2030, at a CAGR of 10.91% during the forecast period (2025-2030).

The South Korean imagery service market has been experiencing significant growth in recent years. As technology has advanced and become more accessible, there has been a growing demand for imagery services across various industries and sectors.

  • Aerial photography and mapping services are widely used in urban planning, real estate, agriculture, and infrastructure development sectors. High-resolution aerial imagery provides valuable data for mapping, 3D modeling, and visualizations, which are essential for decision-making and project planning. 
  • South Korea is known for its technological advancements, and the imagery service sector is no exception. The country has witnessed the development of high-resolution satellite imagery, unmanned aerial vehicles (UAVs) equipped with advanced cameras, and LiDAR technology, enabling more accurate and detailed mapping and surveying.
  • For instance, in December 2022, South Korea released a photo of Pyongyang taken from one of its own satellites after North Korea published imagery of Seoul using what it claimed was a military spy satellite. The released high resolution photo was taken from the lnd satellite No. 1, shows Kim Il-sung Square and its surrounding facilities, including a history museum, an art museum and a department store.
  • Another major driver which is boosting the market of satellite imagery service in South Korea is the development of smart city in the country. Imagery services are crucial for gathering and analyzing data, which is essential for smart city development. South Korea has extensively used satellite imagery, aerial photography, and other forms of remote sensing to collect detailed information about urban areas. This data is then integrated with other data sources and processed using artificial intelligence and data analytics techniques to extract valuable insights.
  • Furthermore, South Korea has leveraged imagery services for environmental monitoring and management. By analyzing satellite imagery and sensor data, they can monitor air quality, detect changes in vegetation, and manage natural resources more effectively. This enables them to address environmental concerns promptly and develop sustainable practices.

South Korea Satellite Imagery Services Industry Overview

The South Korea satellite imagery services market is moderately consolidated, with the presence of major players like Dtonic Corporation, Bentley Systems, Inc., Dabeeo Inc., General Electric (GE), ESRI Inc., Soletop InSpace Co., Ltd., GBS Korea, Maxar Technologies, and L3Harris Corporation Inc. Players in the market are adopting strategies such as partnerships, innovations, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

In May 2023, South Korea announced the launch of commercial-grade satellites. South Korea is pushing to place its first military spy satellite into orbit through this launch. Through this launch, South Korea aims to verify radar imaging technology and observe cosmic radiation in a near-Earth orbit.

South Korea Satellite Imagery Services Market Leaders

  1. L3Harris Corporation Inc.

  2. Maxar Technologies

  3. GBS Korea

  4. Dabeeo Inc.

  5. ESRI Inc.

  6. *Disclaimer: Major Players sorted in no particular order
South Korea Satellite Imagery Services Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

South Korea Satellite Imagery Services Market News

  • April 2024 - South Korea has successfully launched its second military spy satellite into orbit, days after North Korea reaffirmed its plan to launch multiple reconnaissance satellites this year. The Koreas each launched their first spy satellites last year — North Korea in November and South Korea in December — amid heightened animosities. They said their satellites would boost their abilities to monitor each other and enhance their own missile attack capabilities.
  • April 2024 - Rocket Lab launched a small satellite from South Korea and a solar sail experiment from NASA on the company's fifth flight of the year. The Korea Advanced Institute of Science and Technology's Satellite Technology Research Center in South Korea has developed a spacecraft with a camera system capable of taking images with a one-meter resolution. The intent of the South Korean government is to use the satellite and upcoming constellation for both civil and national security reasons.

South Korea Satellite Imagery Services Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Buyers
    • 4.2.2 Bargaining Power of Suppliers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitutes
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Industry Value Chain Analysis
  • 4.4 Assessment of the Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Growing requirement of Security System in South Korea
    • 5.1.2 Rising Smart City Initiatives
  • 5.2 Market Restraints
    • 5.2.1 Budget Constraints and Technological Limitations

6. MARKET SEGMENTATION

  • 6.1 By Application
    • 6.1.1 Geospatial Data Acquisition and Mapping
    • 6.1.2 Natural Resource Management
    • 6.1.3 Surveillance and Security
    • 6.1.4 Conservation and Research
    • 6.1.5 Disaster Management
    • 6.1.6 Intelligence
  • 6.2 By End-User
    • 6.2.1 Government
    • 6.2.2 Construction
    • 6.2.3 Transportation and Logistics
    • 6.2.4 Military and Defense
    • 6.2.5 Forestry and Agriculture
    • 6.2.6 Others

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Dtonic Corporation
    • 7.1.2 Bentley Systems, Inc.
    • 7.1.3 Dabeeo Inc.
    • 7.1.4 General Electric (GE)
    • 7.1.5 ESRI Inc.
    • 7.1.6 Soletop
    • 7.1.7 InSpace Co., Ltd.
    • 7.1.8 GBS Korea
    • 7.1.9 Maxar Technologies
    • 7.1.10 L3Harris Corporation Inc.
  • *List Not Exhaustive
  • 7.2 *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

South Korea Satellite Imagery Services Industry Segmentation

Satellite imagery refers to images of the Earth taken from satellites orbiting the planet. These satellites are equipped with various sensors for detecting visible light, infrared light, microwave radiation, and more to craft high-resolution images. These images combine to create visual representations of the Earth, providing new perspectives on climate, geography, and manmade structures.

The South Korea satellite imagery services market is segmented by application (geospatial data acquisition and mapping, natural resource management, surveillance, and security, conservation and research, disaster management, and intelligence), by end-user (government, construction, transportation, and logistics, military and defense, forestry, and agriculture, and other end users).

The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

By Application Geospatial Data Acquisition and Mapping
Natural Resource Management
Surveillance and Security
Conservation and Research
Disaster Management
Intelligence
By End-User Government
Construction
Transportation and Logistics
Military and Defense
Forestry and Agriculture
Others
Need A Different Region or Segment?
Customize Now

South Korea Satellite Imagery Services Market Research Faqs

How big is the South Korea Satellite Imagery Services Market?

The South Korea Satellite Imagery Services Market size is expected to reach USD 184.52 million in 2025 and grow at a CAGR of 10.91% to reach USD 309.67 million by 2030.

What is the current South Korea Satellite Imagery Services Market size?

In 2025, the South Korea Satellite Imagery Services Market size is expected to reach USD 184.52 million.

Who are the key players in South Korea Satellite Imagery Services Market?

L3Harris Corporation Inc., Maxar Technologies, GBS Korea, Dabeeo Inc. and ESRI Inc. are the major companies operating in the South Korea Satellite Imagery Services Market.

What years does this South Korea Satellite Imagery Services Market cover, and what was the market size in 2024?

In 2024, the South Korea Satellite Imagery Services Market size was estimated at USD 164.39 million. The report covers the South Korea Satellite Imagery Services Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the South Korea Satellite Imagery Services Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

South Korea Satellite Imagery Services Industry Report

Statistics for the 2025 South Korea Satellite Imagery Services market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. South Korea Satellite Imagery Services analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.