You are currently viewing Latin America Satellite Data Services Market to Register Growth due to Expected Increase in Investments by Government During 2023-2028

Latin America Satellite Data Services Market to Register Growth due to Expected Increase in Investments by Government During 2023-2028

El nuevo estudio de Informes de Expertos titulado ‘Mercado Latinoamericano de Servicios de Datos Satelitales, Informe y Pronóstico 2023-2028′, ofrece una amplia revisión de los factores que reflejan positivamente el panorama del mercado y explora los factores en términos de vertical, servicio, uso final, y las regiones clave. El informe también estudia las restricciones y los retos del mercado, basándose en los modelos de las cinco fuerzas de Porter, junto con un análisis FODA. Asimismo, se evalúa el mercado en sobre la base de las tendencias pasadas y futuras y su influencia posterior en el algoritmo. El estudio incluye una investigación exhaustiva, que abarca indicadores de precios y agentes del mercado, ilustrando las repercusiones en la dinámica y las perspectivas del mercado.

The new report by Informes de Expertos titled, ‘Latin America Satellite Data Service Market 2023-2028’, provides a broad review of the factors that reflect positively on the market landscape and explores the factors in terms of vertical, service, end use, and key regions. The report also examines market constraints and challenges, based on Porter’s five forces models, along with a SWOT analysis. Furthermore, the market is assessed on the basis of past and future trends and their subsequent influence on the algorithm. The study includes extensive research, covering price indicators and market players, illustrating the impact on market dynamics and prospects.

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Los aspectos más destacados del informe son:

Visión General del Mercado (2018-2028)

• CAGR del Periodo de Pronóstico (2023-2028): 18,20%

El mercado latinoamericano de servicios de datos satelitales está en auge debido a la creciente demanda de Internet de alta velocidad. Muchos gobiernos latinoamericanos han invertido en tecnología satelital para aumentar el acceso a Internet y otros servicios en zonas remotas y rurales. La región latinoamericana es propensa a catástrofes naturales, como terremotos y huracanes, que pueden interrumpir las infraestructuras de comunicación tradicionales. Por ello, la tecnología por satélite puede utilizarse para restablecer rápidamente los servicios de comunicación tras una catástrofe, que también definen el valor del mercado de servicios de datos satelitales USD 147 millones en 2021.

La región latinoamericana cuenta con una industria agrícola y de recursos naturales grande y diversa, y la tecnología por satélite puede utilizarse para vigilar y rastrear cosechas, bosques y otros recursos naturales. Además, la industria logística en América Latina está creciendo, este crecimiento puede atribuirse en parte al creciente número de puertos y rutas marítimas, lo que aumenta la necesidad de servicios de servicios de datos satelitales para supervisar y rastrear la carga. Además, el aumento de la actividad económica y el crecimiento demográfico en América Latina también están impulsando la demanda de servicios de datos por satelitales, ya que cada vez más personas necesitan acceso a la conectividad y a otros servicios.

Read Full Report with Table of Contents – https://www.informesdeexpertos.com/informes/mercado-latinoamericano-de-servicios-de-datos-satelitales

Industry Definition and Major Segments

Satellite data services refer to the collection, processing, and dissemination of data and information via satellites. Satellites are used to collect data from a variety of sources, such as remote sensing instruments, GPS receivers, and other sensors, and then transmit that data back to Earth where it can be used for a wide range of applications.

On the basis of vertical, the market can be classified into:

• Energy and Power
• Defence and Intelligence
• Engineering and Infrastructure
• Environmental
• Agriculture
• Maritime
• Insurance
• Transportation and Logistics

By service, the market is segmented into:

• Data Analytics
• Image Data

The main end uses of the product are:

• Commercial
• Government and Military

Key regions covered include:

• Brazil
• Argentina
• Mexico
• Chile
• Others

Market Trends

SmallSats, also known as CubeSats or nanosatellites, are becoming increasingly popular in Latin America as they are smaller, cheaper, and easier to launch than traditional satellites. This is making it possible for more companies and governments to launch their own satellites, thus increasing the number of satellite data services available. Also, the Internet of Things (IoT) is becoming increasingly important in Latin America, and satellite data services are well-suited to support IoT devices in remote and rural areas. This could drive the demand for satellite based IoT services.

High-throughput satellites (HTS) offer greater bandwidth and capacity than traditional satellites, making them well-suited for providing high-speed internet services in the region. These satellites are becoming more prevalent in the market, which could drive the demand for satellite data services. Some companies and governments are now looking to use a combination of satellite and terrestrial networks to provide connectivity services in Latin America, this allows providers to take advantage of the strengths of both technologies and reduce the costs of deployment.

Key Market Players

The major players in the market are:

• ImageSat International (ISI)
• Airbus S.A.S.
• East View Geospatial Inc.
• L3Harris Technologies, Inc.
• Planet Labs Inc.
• Maxar Technologies
• Others

This report covers their profiles and provides information on expansions, investments and mergers and acquisitions, among other latest industry developments.

About Us:

Informes de Expertos, the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

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Expert Market Research

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally. At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.