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Space-Based Edge Computing Market - A Global and Regional Analysis: Focus on Application, Product, and Country - Analysis and Forecast, 2023-2033
Global Space-Based Edge Computing Market Overview The global space-based edge computing market is estimated to reach $1,807.3 million in 2033 from $200.9 million in 2022, at a CAGR of 22.64% dur... もっと見る
SummaryGlobal Space-Based Edge Computing Market OverviewThe global space-based edge computing market is estimated to reach $1,807.3 million in 2033 from $200.9 million in 2022, at a CAGR of 22.64% during the forecast period 2023-2033. The space-based edge computing market companies have witnessed the demand from the growing defense industry. The ecosystem of the space-based edge computing market comprises component manufacturers and end users. Market Lifecycle Stage Edge computing emerged with the launch of Akamai's content delivery network (CDN) in the 1990s. The idea was to physically move nodes closer to the user to deliver stored content like videos and pictures. In the late 1970s, when big tech companies like IBM, Intel, Microsoft, and Apple began to emerge, the development of microprocessors and other micro-tech led to the creation of the first desktop computers. Since then, the market for edge computing has been growing and will continue to grow. Space-based edge computing is a part of edge computing that has also been becoming popular because of the growing demand for latency reduction in space and increase in demand for shifting data centers in space. Currently, many space agencies and commercial companies across the globe have been focusing on developing low Earth orbit (LEO) satellite constellations for communication purposes. This would drive the market for the space-based edge computing market. Moreover, rising research and development activities to develop cost-efficient edge computing components are other factors contributing to the growth of the space-based edge computing market. For instance, in March 2023, Nearby Computing signed a partnership with Cellnex Telecom for the demonstration of 5G and edge computing infrastructure. The demonstration also shows the integration of 5G along with edge can be implemented into smart sensors on the ground and space for the use of serving smart cities. Impact The evolving customer requirement, along with access to cheaper LEO-based satellite connectivity, has placed a high demand for the production of the space-based edge computing market during the forecast period. Furthermore, there is a rise in research and development activities for the development of smaller and cheaper space-based edge computing components, which has increased the demand for space-based edge computing for satellites. Market Segmentation: Segmentation 1: by End User • Commercial • Defense • Civil Government The global space-based edge computing market is expected to witness huge revenues from the defense segment, followed by the commercial segment. Segmentation 2: by Component • Hardware • Software • Service Based on components, the global space-based edge computing market is expected to witness huge revenues from the software segment, followed by the hardware segment. Segmentation 3: by Region • North America - U.S. and Canada • Europe - France, Germany, U.K., and Rest-of-Europe • Asia-Pacific - China, India, Japan, and Rest-of-Asia-Pacific • Rest-of-the-World - Middle East and Africa and Latin America North America accounted for the highest share of 67.50% in the global space-based edge computing market by value in 2022, owing to a significant number of service providers based in the region. Recent Developments in the Global Space-Based Edge Computing Market • In March 2023, Nearby Computing signed a partnership with Cellnex Telecom for the demonstration of 5G and edge computing infrastructure. The demonstration also shows the integration of 5G along with edge can be implemented into smart sensors on the ground and space for the use of serving smart cities. • In November 2022, Ubotica Technologies and Open Cosmos signed an agreement to deploy CogniSat-6, an AI-focused CubeSat flight with autonomous skills. It’s equipped with the CogniSat edge computing platform to LEO and will provide reactive retargeting to optimize image gathering scope in-orbit. • In October 2022, Exo-Space signed a contract with Sidus Space to integrate a payload into its hybrid 3D-printed satellite LizzieSat, which is expected to launch sometime in 2023. • In August 2022, OrbitsEdge signed a long-term launch agreement with Vaya Space, with a launch slotted for the fourth quarter of 2023. The agreement aims to develop high-performance computing data centers that can handle and evaluate data generated in space, which will be launched into low Earth orbit (LEO) above the cloud. By using this approach, the present bandwidth restrictions and the transmission delay brought on by sending huge amounts of satellite data to Earth for processing are reduced. Demand - Drivers and Limitations Following are the drivers for the global space-based edge computing market: • Reduction in Data Processing Time Framework • Evolving Service Requirements Following are the challenges for the global space-based edge computing market: • Cyber Security Constraints in Space-Based Edge Computing • Evolving Rules and Regulations for Device Management Following are the opportunities for the global space-based edge computing market: • Increase in Adoption of Satellite-Based IoT Services How can this report add value to an organization? Product/Innovation Strategy: The product segment helps the reader understand the different types of space-based edge computing markets available for deployment in the industries for space platforms and their potential globally. Moreover, the study provides the reader with a detailed understanding of the different space-based edge computing market by application (commercial, defense, and civil government) and product (hardware, software, and service). Growth/Marketing Strategy: The global space-based edge computing market has seen major development by start-up players operating in the market, such as business expansion activities, contracts, mergers, partnerships, collaborations, and joint ventures. The favored strategy for the companies has been contracted to strengthen their position in the global space-based edge computing market. For instance, in October 2022, SkyServe signed a partnership with Ellipsis Drive for the use of their virtualization tool to observe and distribute edge-computed findings to their clients and Proof of Concept partners. Such use cases are best served by ED's cloud-powered online viewer, which enables third parties to view SkyServe's spatial insights without the need to acquire large files or possess a strong technological foundation. Competitive Strategy: Key players in the global space-based edge computing market analyzed and profiled in the study involve space-based edge computing services and space-based edge computing product providers. Moreover, a detailed competitive benchmarking of the players operating in the global space-based edge computing market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market. Key Market Players and Competition Synopsis The companies that are profiled have been selected based on inputs gathered from primary experts and analysis of the company's coverage, product portfolio, and market penetration. The top segment players leading the market include established players of space-based edge computing, which constitutes 11% of the presence in the market. Other players include start-up entities that account for approximately 89% of the presence in the market. Key Companies Profiled • AICRAFT • ALL.SPACE • Exo-Space • Hewlett Packard Enterprise • KP Labs • LEOcloud, Inc. • Little Place Labs • Loft Orbital • Nearby Computing • OrbitsEdge, Inc. • Ramon.Space • Satellogic • SKYWATCH • Spiral Blue • SkyServe • Ubotica Technologies Table of Contents1 Markets1.1 Industry Outlook 1.1.1 Global Space-Based Edge Computing Market: Overview 1.1.2 Current and Emerging Technological Trends 1.1.2.1 Edge Computing With 5G 1.1.2.2 In-Orbit Data Centers 1.1.2.3 Edge Computing for Constellation Applications 1.1.2.4 Interplanetary Edge Computing 1.1.3 Edge-Based Earth Observation Optimization 1.1.4 Emerging Small Satellite Constellations (0-600Kg): A Growth Opportunity for Space-Based Edge Computing Solutions, 2023-2033 1.1.5 Ongoing and Upcoming Projects 1.1.5.1 ISS-HPE Spaceborne Computer 1.1.5.2 Space-Based Data Centers 1.1.6 Pricing Analysis: Terrestrial vs. Cloud Computing vs. Edge Computing 1.1.7 Startups and Investment Scenarios 1.1.8 Value Chain Analysis 1.2 Business Dynamics 1.2.1 Business Drivers 1.2.1.1 Reduction in Data Processing Time Framework 1.2.1.2 Evolving Service Requirements 1.2.2 Business Challenges 1.2.2.1 Cyber Security Constraints in Space-Based Edge Computing 1.2.2.2 Evolving Rules and Regulations for Device Management 1.2.3 Corporate Strategies 1.2.3.1 Partnerships, Collaborations, Agreements, and Contracts 1.2.3.2 Others 1.2.4 Business Opportunities 1.2.4.1 Increase in Adoption of Satellite-Based IoT Services 2 Application 2.1 Global Space-Based Edge Computing Market (by End User) 2.1.1 Market Overview 2.1.1.1 Demand Analysis of Space-Based Edge Computing Market (by End User) 2.1.2 Commercial 2.1.2.1 Demand Analysis of Space-Based Edge Computing Market (by Commercial) 2.1.2.2 Transport and Logistics 2.1.2.3 Agriculture 2.1.2.4 Marine 2.1.2.5 Automotive 2.1.2.6 Remote Monitoring 2.1.2.7 Banking, Financial Services, and Insurance (BFSI) 2.1.2.8 Others (Construction, Disaster Management, Infrastructure) 2.1.3 Defense 2.1.3.1 Land 2.1.3.2 Airborne 2.1.3.3 Naval 2.1.4 Civil Government 3 Products 3.1 Global Space-Based Edge Component Market (by Component) 3.1.1 Market Overview 3.1.1.1 Demand Analysis for Global Space-Based Edge Computing Market (by Component) 3.1.2 Hardware 3.1.2.1 Communication 3.1.2.2 Earth Observation 3.1.2.3 Space Debris Removal 3.1.3 Software 3.1.4 Service 3.1.4.1 Hardware Consulting 3.1.4.1.1 Hardware Design and Operation 3.1.4.2 Software Development 3.1.4.2.1 Firmware and Middleware 3.1.4.3 End User Services 4 Regions 4.1 Global Space-Based Edge Computing Market (by Region) 4.2 North America 4.2.1 Market 4.2.1.1 Key Manufacturers and Suppliers in North America 4.2.1.2 Business Drivers 4.2.1.3 Business Challenges 4.2.2 Application 4.2.2.1 North America Space-Based Edge Computing Market (by End User) 4.2.3 North America (by Country) 4.2.3.1 U.S. 4.2.3.1.1 Market 4.2.3.1.1.1 Key Manufacturers and Suppliers in the U.S. 4.2.3.1.2 Application 4.2.3.1.2.1 U.S. Space-Based Edge Computing Market (by End User) 4.2.3.2 Canada 4.2.3.2.1 Application 4.2.3.2.1.1 Canada Space-Based Edge Computing Market (by End User) 4.3 Europe 4.3.1 Market 4.3.1.1 Key Manufacturers and Suppliers in Europe 4.3.1.2 Business Drivers 4.3.1.3 Business Challenges 4.3.2 Application 4.3.2.1 Europe Space-Based Edge Computing Market (by End User) 4.3.3 Europe (by Country) 4.3.3.1 Germany 4.3.3.1.1 Application 4.3.3.1.1.1 Germany Space-Based Edge Computing Market (by End User) 4.3.3.2 U.K. 4.3.3.2.1 Market 4.3.3.2.1.1 Key Manufacturers and Suppliers in the U.K. 4.3.3.2.2 Application 4.3.3.2.2.1 U.K. Space-Based Edge Computing Market (by End User) 4.3.3.3 France 4.3.3.3.1 Market 4.3.3.3.1.1 Key Manufacturers and Service Providers in France 4.3.3.3.2 Application 4.3.3.3.2.1 France Space-Based Edge Computing Market (by End User) 4.3.3.4 Rest-of-Europe 4.3.3.4.1 Application 4.3.3.4.1.1 Rest-of-Europe Space-Based Edge Computing Market (by End User) 4.4 Asia-Pacific 4.4.1 Market 4.4.1.1 Key Manufacturers and Service Providers in Asia-Pacific 4.4.1.2 Business Drivers 4.4.1.3 Business Challenges 4.4.2 Application 4.4.2.1 Asia-Pacific Space-Based Edge Computing Market (by End User) 4.4.3 Asia-Pacific (by Country) 4.4.3.1 China 4.4.3.1.1 Application 4.4.3.1.1.1 China Space-Based Edge Computing Market (by End User) 4.4.3.2 Japan 4.4.3.2.1 Market 4.4.3.2.1.1 Key Manufacturers and Service Providers in Japan 4.4.3.2.2 Application 4.4.3.2.2.1 Japan Space-Based Edge Computing Market (by End User) 4.4.3.3 India 4.4.3.3.1 Market 4.4.3.3.1.1 Key Manufacturers and Service Providers in India 4.4.3.3.2 Application 4.4.3.3.2.1 India Space-Based Edge Computing Market (by End User) 4.4.3.4 Rest-of-Asia-Pacific 4.4.3.4.1 Market 4.4.3.4.1.1 Key Manufacturers and Service Providers in Rest-of-Asia-Pacific 4.4.3.4.2 Application 4.4.3.4.2.1 Rest-of-Asia-Pacific Space-Based Edge Computing Service Market (by End User) 4.5 Rest-of-the-World 4.5.1 Market 4.5.1.1 Business Drivers 4.5.1.2 Business Challenges 4.5.2 Application 4.5.2.1 Rest-of-the-World Space-Based Edge Computing Market (by End User) 4.5.3 Rest-of-the-World (by Region) 4.5.3.1 Middle East and Africa 4.5.3.1.1 Application 4.5.3.1.1.1 Middle East and Africa Space-Based Edge Computing Market (by End User) 4.5.3.2 Latin America 4.5.3.2.1 Application 4.5.3.2.1.1 Latin America Space-Based Edge Computing Market (by End User) 5 Markets - Competitive Benchmarking & Company Profiles 5.1 Competitive Benchmarking 5.2 AICRAFT 5.2.1 Company Overview 5.2.1.1 Role of AICRAFT in Global Space-Based Edge Computing Market 5.2.1.2 Product Portfolio 5.2.2 Business Strategies 5.2.2.1 New Product Launch and Merger and Acquisition 5.2.3 Analyst View 5.3 ALL.SPACE 5.3.1 Company Overview 5.3.1.1 Role of ALL.SPACE in Global Space-Based Edge Computing Market 5.3.1.2 Product Portfolio 5.3.2 Business Strategies 5.3.2.1 New Product Launches and Mergers and Acquisitions 5.3.3 Analyst View 5.4 Exo-Space 5.4.1 Company Overview 5.4.1.1 Role of Exo-Space in Global Space-Based Edge Computing Market 5.4.1.2 Product Portfolio 5.4.2 Corporate Strategies 5.4.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.4.3 Analyst View 5.5 Hewlett Packard Enterprise 5.5.1 Company Overview 5.5.1.1 Role of Hewlett Packard Enterprise in Global Space-Based Edge Computing Market 5.5.1.2 Product Portfolio 5.5.2 Corporate Strategies 5.5.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts 5.5.3 Analyst View 5.6 KP Labs 5.6.1 Company Overview 5.6.1.1 Role of KP Labs in Global Space-Based Edge Computing Market 5.6.1.2 Product Portfolio 5.6.2 Corporate Strategies 5.6.2.1 Partnerships, Collaborations, Agreements, Investments, and Contracts 5.6.3 Analyst View 5.7 LEOcloud, Inc. 5.7.1 Company Overview 5.7.1.1 Role of LEOcloud, Inc. in Global Space-Based Edge Computing Market 5.7.1.2 Service Portfolio 5.7.2 Corporate Strategies 5.7.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.7.3 Analyst View 5.8 Little Place Labs 5.8.1 Company Overview 5.8.1.1 Role of Little Place Labs in Global Space-Based Edge Computing 5.8.1.2 Product Portfolio 5.8.2 Corporate Strategies 5.8.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.8.3 Analyst View 5.9 Loft Orbital 5.9.1 Company Overview 5.9.1.1 Role of Loft Orbital in Global Space-Based Edge Computing 5.9.1.2 Product Portfolio 5.9.2 Corporate Strategies 5.9.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.9.3 Analyst View 5.1 Nearby Computing 5.10.1 Company Overview 5.10.1.1 Role of Nearby Computing in Global Space-Based Edge Computing 5.10.1.2 Product Portfolio 5.10.2 Corporate Strategies 5.10.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.10.3 Analyst View 5.11 OrbitsEdge, Inc. 5.11.1 Company Overview 5.11.1.1 Role of OrbitsEdge, Inc. in Global Space-Based Edge Computing Market 5.11.1.2 Product Portfolio 5.11.2 Corporate Strategies 5.11.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.11.3 Analyst View 5.12 Ramon.Space 5.12.1 Company Overview 5.12.1.1 Role of Ramon.Space in Global Space-Based Edge Computing Market 5.12.1.2 Product Portfolio 5.12.2 Corporate Strategies 5.12.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.12.3 Analyst View 5.13 Satellogic 5.13.1 Company Overview 5.13.1.1 Role of Satellogic in Global Space-Based Edge Computing Market 5.13.1.2 Product Portfolio 5.13.2 Corporate Strategies 5.13.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.13.3 Analyst View 5.14 SKYWATCH 5.14.1 Company Overview 5.14.1.1 Role of SKYWATCH in Global Space-Based Edge Computing Market 5.14.1.2 Product Portfolio 5.14.2 Analyst View 5.15 Spiral Blue 5.15.1 Company Overview 5.15.1.1 Role of Spiral Blue in Global Space-Based Edge Computing Market 5.15.1.2 Product Portfolio 5.15.2 Corporate Strategies 5.15.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.15.3 Analyst View 5.16 SkyServe 5.16.1 Company Overview 5.16.1.1 Role of SkyServe in Global Space-Based Edge Computing Market 5.16.1.2 Service Portfolio 5.16.2 Corporate Strategies 5.16.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.16.3 Analyst View 5.17 Ubotica Technologies 5.17.1 Company Overview 5.17.1.1 Role of Ubotica Technologies in Global Space-Based Edge Computing Market 5.17.1.2 Product Portfolio 5.17.2 Corporate Strategies 5.17.2.1 Partnerships, Collaborations, Agreements, and Contracts 5.17.3 Analyst View 5.18 Other Key Players 5.18.1 Mangata Networks 5.18.1.1 Company Overview 5.18.2 Wallaroo Labs, Inc. 5.18.2.1 Company Overview 6 Growth Opportunities and Recommendations 6.1 Growth Opportunities 6.1.1 Growth Opportunity: Customized Software and Application 6.1.1.1 Recommendations 6.1.2 Growth Opportunity: Increasing Adoption in AI, IoT, and Smart Devices 6.1.2.1 Recommendations 7 Research Methodology 7.1 Factors for Data Prediction and Modeling List of Figures Figure 1: Global Space-Based Edge Computing Market, $Million, 2022-2033 Figure 2: Global Space-Based Edge Computing Market (by End User), $Million, 2022 and 2033 Figure 3: Global Space-Based Edge Computing Market (by Component), $Million, 2022 and 2033 Figure 4: Global Space-Based Edge Computing Market (by Region), $Million, 2033 Figure 5: Global Space-Based Edge Computing Market Coverage Figure 6: Value Chain Analysis of the Global Space-Based Edge Computing Market Figure 7: Global Space-Based Edge Computing Market, Business Dynamics Figure 8: Share of Key Business Strategies and Developments, January 2021-March 2023 Figure 9: Space-Based Edge Computing Market (by End User) Figure 10: Space-Based Edge Computing Market (by Component) Figure 11: Global Space-Based Edge Computing Market, Competitive Benchmarking Figure 12: Research Methodology Figure 13: Top-Down and Bottom-Up Approach Figure 14: Assumptions and Limitations List of Tables Table 1: Terrestrial Model Pricing Table 2: Cloud Computing Model Pricing Table 3: Edge Computing Model Pricing Table 4: Startups and Investment Scenarios Table 5: Partnerships, Collaborations, Agreements and Contracts, January 2021-March 2023 Table 6: Others, January 2021-March 2023 Table 7: Global Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 8: Global Space-Based Edge Computing Market (by Commercial), $Million, 2022-2033 Table 9: Global Space-Based Edge Computing Market (by Component), $Million, 2022-2033 Table 10: Global Space-Based Edge Computing Market (by Region), 2022-2033 Table 11: North America Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 12: U.S. Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 13: Canada Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 14: Europe Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 15: Germany Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 16: U.K. Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 17: France Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 18: Rest-of-Europe Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 19: Asia-Pacific Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 20: China Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 21: Japan Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 22: India Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 23: Rest-of-Asia-Pacific Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 24: Rest-of-the-World Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 25: Middle East and Africa Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 26: Latin America Space-Based Edge Computing Market (by End User), $Million, 2022-2033 Table 27: Benchmarking and Weightage Parameters Table 28: AICRAFT: Product Portfolio Table 29: AICRAFT: New Product Launch and Merger and Acquisition Table 30: ALL.SPACE: Product Portfolio Table 31: ALL.SPACE: New Product Launches and Mergers and Acquisitions Table 32: Exo-Space: Product Portfolio Table 33: Exo-Space: Partnerships, Collaborations, Agreements, and Contracts Table 34: Hewlett Packard Enterprise: Product Portfolio Table 35: Hewlett Packard Enterprise: Partnerships, Collaborations, Agreements, Investments, and Contracts Table 36: KP Labs: Service Portfolio Table 37: KP Labs.: Partnerships, Collaborations, Agreements, Investments, and Contracts Table 38: LEOcloud, Inc.: Service Portfolio Table 39: LEOcloud, Inc.: Partnerships, Collaborations, Agreements, and Contracts Table 40: Little Place Labs: Product Portfolio Table 41: Little Place Labs: Partnerships, Collaborations, Agreements, and Contracts Table 42: Loft Orbital: Product Portfolio Table 43: Loft Orbital: Partnerships, Collaborations, Agreements, and Contracts Table 44: Nearby Computing: Product Portfolio Table 45: Nearby Computing: Partnerships, Collaborations, Agreements, and Contracts Table 46: OrbitsEdge, Inc.: Product Portfolio Table 47: OrbitsEdge, Inc.: Partnerships, Collaborations, Agreements, and Contracts Table 48: Ramon.Space: Product Portfolio Table 49: Ramon.Space: Partnerships, Collaborations, Agreements, and Contracts Table 50: Satellogic: Product Portfolio Table 51: Satellogic: Partnerships, Collaborations, Agreements, and Contracts Table 52: SKYWATCH: Product Portfolio Table 53: Spiral Blue: Product Portfolio Table 54: Spiral Blue: Partnerships, Collaborations, Agreements, and Contracts Table 55: SkyServe: Service Portfolio Table 56: SkyServe: Partnerships, Collaborations, Agreements, Investments, and Contracts Table 57: Ubotica Technologies: Product Portfolio Table 58: Ubotica Technologies: Partnerships, Collaborations, Agreements, and Contracts Press Release
The global space-based edge computing market is estimated to reach $1,807.3 million in 2033, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 22.64% during the forecast period 2023-2033.
The growth of edge computing is being fueled by a number of important factors, such as the increase in use cases that call for low-latency processing, the significance of big data, and the adoption of artificial intelligence (AI), Internet of Things (IoT) and the rise in smart devices, 5G adoption, as well as partnerships and acquisitions with telecommunication companies and startups. USP of the Report • A dedicated section focusing on the futuristic trends adopted by the key players operating in the global space-based edge computing market • A dedicated section on growth opportunities and recommendations • A qualitative and quantitative analysis of the global space-based edge computing market on mission application at the regional and country-level granularity by application segments Analyst Perspective According to Arunkumar Sampathkumar, Principal Analyst, BIS Research, "The need for resilient operations across communication networks is on the rise. The satellite-enabled networks catering to commercial and military customers operate under dynamic environments, which get contested and degraded in random fashion owing to a multitude of factors. Edge computing as a capability enables end users to navigate through these network challenges and perform mission-critical operations. Similar edge computing capabilities at the satellite/upstream level also enable functionalities that help end users. The demand for space-based edge computing capabilities across upstream and downstream segments is on the rise as a consequence, and this is resulting in new hardware and software capabilities being integrated into satellite-based communication networks across the value chain. It is imperative for the space and ICT market participants to better understand this emerging market to ensure they stand eligible to leverage the revenue opportunities that are expected to evolve as a consequence of the ongoing developments. The market developments, demand assessment, and opportunity overview are included in this study, which aims to enable decision-making with respect to space-based edge computing.” Key Companies Operating in The Market Key players in the global space-based edge computing market analyzed and profiled in the study involve space-based edge computing services and space-based edge computing product providers. Moreover, a detailed competitive benchmarking of the players operating in the global space-based edge computing market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as contracts, partnerships, agreements, acquisitions, and collaborations will aid the reader in understanding the untapped revenue pockets in the market. The key players profiled in the report AICRAFT, ALL.SPACE, Exo-Space, Hewlett Packard Enterprise, KP Labs, LEOcloud, Inc., Little Place Labs, Loft Orbital, Nearby Computing, OrbitsEdge, Inc., Ramon.Space, Satellogic, SKYWATCH, Spiral Blue, SkyServe, and Ubotica Technologies. Key Questions Answered in the Report • What are the futuristic trends in the global space-based edge computing market, and how is the market expected to change over the forecast period 2023-2033? • What are the key drivers and challenges faced by the companies that are currently working in the global space-based edge computing market? • How is the market expected to grow during the forecast period 2023-2033? • What are the opportunities for companies to expand their businesses in the global space-based edge computing market? • Which region is expected to lead the global space-based edge computing service market by 2033? • What are the key developmental strategies implemented by the key players to sustain in this highly competitive market? • What is the current and future revenue scenario of the global space-based edge computing market?
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