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Date Submitted: 07/26/2016 12:28 AM
Hexa Reports
Market Research Reports and Insightful Company Profiles
APAC Satellite Based EO Market Share, Size, Global
Insights, Emerging Trends and Growth, Outlook and
Overview, Analysis and Forecasts 2016-2020
Earth observation is the collection of necessary information and data about Earth through remote
sensing technologies like specially designed satellites. The data from these satellites are intended for use
in various application sectors like environmental monitoring, agriculture, water resources, urban
planning, rural development, forestry, ocean resources disaster management, meteorology, and map
making.
Images of Earth gathered from artificial satellites placed in the orbit have become a powerful scientific
tool to understand Earth and its environment. Satellite images now offer high-resolution, accuracy, and
entirety. It allows the observation of large-scale phenomena in a wide frame. A single satellite image, for
example, has the ability to provide coverages of air pollution or earthquake for the entire span of its
occurrence.
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Technavio's analysts forecast the satellite-based earth observation (EO) market in APAC to grow at a
CAGR of 16.79% during the period 2016-2020.
Hexa Reports
Market Research Reports and Insightful Company Profiles
Covered in this report
The report covers the present scenario and the growth prospects of the satellite-based earth
observation (EO) market in APAC for 2016-2020. To calculate the market size, the report considers
revenue generated from the following:
Data and VAS, which include image and data processing as well as information products.
EO applications in the agriculture, insurance, and manufacturing industries. For instance,
insurance companies use satellite data of flood-affected areas to find out the number of
casualties. The same data is useful for government agencies while providing disaster...