Earth Observation Market Boosted by Data Analytics
The global earth observation market size was valued at USD 5,101.8 million in 2024 and is projected to reach USD 7,238.4 million by 2030, registering a CAGR of 6.2% from 2025 to 2030. The growth trajectory of the market is primarily supported by the rising adoption of satellite imagery and advanced remote sensing technologies across government, defense, and commercial applications. Increasing dependence on geospatial intelligence for environmental monitoring, infrastructure development, and strategic planning continues to strengthen the market outlook. Key Market Trends & Insights North America accounted for the largest share of over 45% in 2024. North America led the global market in 2024 with a share exceeding 45%, supported by strong government funding, established space infrastructure, and the presence of major satellite manufacturers and data analytics providers. High defense expenditure, continuous innovation in satellite constellations, and extensive use of geos...