Satellite Data Services Market to Touch USD 246.9133 Billion at 11.52% CAGR by 2030

The increased adoption of machine learning & artificial intelligence will bolster market growth in the assessment period. The growing adoption of AI & ML in the space industry has opened up many possibilities for service providers to offer solutions that incorporate AI and ML. AI-powered platforms are providing understanding of previously hard to access factors like social, industrial, and economic processes. ML algorithms are being utilized more and more to process daily satellite images to categorize and identify objects, pinpoint geographic and topographical features, and keep track of small changes over time.