Saudi Arabia Satellite-based Earth Observation Market Future Prospects
The Saudi Arabian satellite-based earth observation market will generate an estimated revenue of USD 80.8 million in 2024, which is expected to witness a CAGR of 5.6% during 2024–2030, to reach USD 111.8 million by 2030. This can be ascribed to the surging demand for geospatial information, as well as the rising usage of satellite imaging in forestry and agriculture.
Moreover, the incorporation of AI with advanced analytics in satellite imaging is creating market growth opportunities.