It is exciting to see that, Vendors in the Satellite-based EO industry have intensified their R&D efforts to develop advanced equipment, including superior lenses. They are developing advanced remote sensing technologies and high-resolution cameras to improve the quality of images captured by satellites.
For those who are unfamiliar, EO satellites transmit data in the form of
images, which are analyzed by scientists and meteorologists. Images provided by satellites offer
valuable data and information, which is also used by government organizations
for sectors such as defense, oil and natural gas, mining, meteorology, and
agriculture.
A marked improvement over the years has resulted in more clarity in the images
captured by EO satellites so that they can use these images effectively for
applications such as weather information and forecasting, farming, and forestry.
Technavio ICT analysts highlight the following three factors as key drivers
contributing to the growth of the satellite-based EO market in the US: