Global Space-Based Edge Computing Market 2023

Global Space-Based Edge Computing Market 2023

Description
Space-based edge computing refers to the utilization of edge computing technology in space. It involves deploying computing resources closer to the data source, reducing latency and improving real-time data processing capabilities in space applications. According to the latest estimates, the global space-based edge computing market is set to achieve an incremental growth of USD 428.3 million, accelerating at a CAGR of almost 18.92% during the forecast period 2023-2029. The defense sector has witnessed increasing demand for space-based edge computing. The need for low latency and efficient data processing in defense applications drives the adoption of edge computing solutions in space.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global space-based edge computing market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Market Segmentation
Component: hardware, software, service
End user: commercial, defense, civil government
Region: Asia-Pacific, Europe, North America, RoW (Rest of World)

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, end user, and region. The global market for space-based edge computing can be segmented by component: hardware, software, service. The software segment was the largest contributor to the global space-based edge computing market in 2022. Space-based edge computing market is further segmented by end user: commercial, defense, civil government. According to the research, the defense segment had the largest share in the global space-based edge computing market. Based on region, the space-based edge computing market is segmented into: Asia-Pacific, Europe, North America, RoW (Rest of World). North America held the largest revenue share in 2022.

Major Companies and Competitive Landscape
The report also provides analysis of the key companies of the industry and their detailed company profiles including Exo-Space, Inc., LEOCloud Inc., Loft Orbital Solutions Inc., Nearby Computing, S.L., Satellogic Inc., Skywatch Inc., The Hewlett Packard Enterprise Company (HPE), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Scope of the Report
To analyze and forecast the market size of the global space-based edge computing market.
To classify and forecast the global space-based edge computing market based on component, end user, region.
To identify drivers and challenges for the global space-based edge computing market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global space-based edge computing market.
To identify and analyze the profile of leading players operating in the global space-based edge computing market.

Why Choose This Report
Gain a reliable outlook of the global space-based edge computing market forecasts from 2023 to 2029 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
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