SATELLITE MARKET





PRESENTATION

The global space technology market size was valued at USD 443.20 billion in 2023 and is anticipated to reach around USD 916.85 billion by 2033, growing at a CAGR of 7.54% from 2024 to 2033. Advancements in satellite technology, launch vehicles, and space exploration missions by commercial players, alongside government agencies, are actively contributing to the expansion of this market hence, aiding in the rapid growth of the space technology market.



TOPICS

  • Understand the space technology market as increasing demand for satellite services.
  • Define new advancements in space exploration capabilities and the emergence of new commercial opportunities.
  • Explain the significant potential for international companies involved in satellite manufacturing and launch services.
Docente
DIAZ NUNEZ, Mirella
Lecturer

Ms. Mirella Díaz Núñez is a Geographic Engineer with a Master's degree in Geographic Information Technology and co-author of the publication "Geospatial Information Management: A Guide to Good Practices for the Implementation of Institutional Spatial Data Infrastructures." More than 13 years of experience in geospatial and georeferenced data applied to territorial analysis and disaster risk management, through the generation of digital cartography, georeferenced databases, raster and vector information, thematic maps, cartographic conditioning, thematic modeling, organization of working groups, and optimization in product development. I also have a high level of proficiency in digital, analog, and alphanumeric cartographic development programs, using remote sensing tools and geographic information systems to improve information management and support decision-making, research projects, and, in particular, their application in planning and territorial management.


SCOPE


  • Continuous innovations in satellite technology, propulsion systems, and robotics are driving the development of new space technologies, expanding the capabilities of the space technology market.
  • Growing demand for global internet connectivity, telecommunication services, and data transmission is fuelling the deployment of satellite communication systems and high-speed internet connections.
  • The rise of commercial space exploration, space tourism, and asteroid mining ventures is creating new opportunities for businesses to enter the space technology market.
  • Governments around the world are increasing their investments in space exploration, satellite programs, and space research, fostering growth and innovation within the industry.
  • Advances in reusable rocket technology and the emergence of new launch providers are driving the cost of accessing space at a reasonable rate, making it more accessible to a broader range of organizations and stakeholders.
  • The use of satellite imagery and remote sensing data for applications such as agriculture, environmental monitoring, urban planning, and disaster management is driving the demand for Earth observation services and solutions.
  • Collaboration between space agencies, governments, and private companies on multinational space missions and projects facilitates knowledge sharing with technological advancements, which are the main reasons for fostering growth and cooperation leading to the rise of the space technology market.

Information

 Availability:   2025-01-01 from to 2025-12-31

Mode: ONLINE RECORDED

Topics: 1

Lecturers: 1

Vacancies: 10