Market revenue in 2024 | USD 634.1 million |
Market revenue in 2030 | USD 1,359.9 million |
Growth rate | 13.8% (CAGR from 2025 to 2030) |
Largest segment | Defense & security |
Fastest growing segment | Environmental & Climate Monitoring |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Defense & Security, Energy & Utilities, Agriculture & Forestry, Environmental & Climate Monitoring, Engineering & Infrastructure Development, Marine |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to satellite data services market will help companies and investors design strategic landscapes.
Defense & security was the largest segment with a revenue share of 28.92% in 2024. Horizon Databook has segmented the UK satellite data services market based on defense & security, energy & utilities, agriculture & forestry, environmental & climate monitoring, engineering & infrastructure development, marine covering the revenue growth of each sub-segment from 2018 to 2030.
The U.K. satellite data services market is expected to grow at a significant rate in the coming years. The financial and insurance industries in the U.K. are turning to satellite data for risk assessment, asset management, and fraud prevention.
Satellite imagery provides real-time monitoring of insured assets like properties, vehicles, and farmland, enhancing accuracy in claim validation and reducing fraudulent claims. Financial institutions also use satellite data to evaluate climate-related risks and investment opportunities, particularly in sectors like renewable energy and real estate.
Horizon Databook provides a detailed overview of country-level data and insights on the UK satellite data services market , including forecasts for subscribers. This country databook contains high-level insights into UK satellite data services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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