
Commercial satellite imaging refers to obtaining images of Earth with the help of satellites. Many private companies offer satellite images of Earth along with processing, and analysis for various purposes, including monitoring & detection of vegetation, habitat, oil pipelines infrastructure construction, generation of digital elevation model (DEM), and exploration of natural resources & archaeological sites. The commercial satellite imaging market is significantly growing worldwide, owing to the increase in trend of location-based service (LBS), and rise in application of satellite imagery in sectors such as government, retail, manufacturing, transportation, construction, defense, and healthcare. However, aerial imaging services, which provide cost-effective & higher resolution images and videos as compared to satellite imaging, limits the growth of commercial satellite imaging market. In addition, various limitations of satellite imaging include time-consuming image processing, dependence on weather conditions, image sensing incapability in dense forests, and others. Moreover, decrease in the prices of satellite imaging solutions along with technological advancements such as next-generation GPS satellites, advanced remote sensing technology, high-resolution cameras, light detection and ranging (LIDAR) technology, electric propulsion technology, and others are expected to create numerous opportunities for the market.