[SatNews] Research and Markets has announced the addition of the "Global Satellite-based Earth Observation Market 2012-2016" report to their offering. One of the key factors contributing to this market growth is the increased technological development of earth observation satellites. The market has also been witnessing the formation of Global Earth Observation System of Systems. However, the requirement for high initial investment could pose a challenge to the growth of this market.

The analysts forecast the Global Satellite-based Earth Observation market to grow at a CAGR of 9.49 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased technological development of earth observation satellites. The market has also been witnessing the formation of Global Earth Observation System of Systems. However, the requirement for high initial investment could pose a challenge to the growth of this market.

The report, the Global Satellite-based Earth Observation market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the EMEA, and the APAC regions; it also covers the Global Enterprise Social Networking Software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

The key vendors dominating this market space include DigitalGlobe Inc., EADS Astrium SAS., GeoEye LLC., and Macdonald Dettwiler & Associates Ltd. The other vendors mentioned in this report are ImageSat International N.V., Macdonald Dettwiler & Associates Ltd., and RapidEye AG.