The global space situational awareness (SSA) market was valued at USD 1.97 billion in 2024 and is projected to grow from USD 2.09 billion in 2025 to USD 3.01 billion by 2032, at a CAGR of 5.3% during the forecast period. North America held the largest market share of 37.05% in 2024, driven by high investments in military-grade SSA programs and strong infrastructure.

Space Situational Awareness (SSA) plays a crucial role in preventing collisions and ensuring the safety of satellite operations in orbit. With over 28,000 tracked space objects and only 3,373 active satellites, monitoring, tracking, and predicting space traffic has become a top priority for both government and commercial stakeholders.

SSA systems mitigate threats such as space debris, satellite collisions, and functional disruptions. The U.S. Space Command has been at the forefront of monitoring these activities, underscoring the increasing demand for advanced SSA solutions globally.

Key Players

Leading SSA providers are investing in advanced services, partnerships, and software to strengthen their market position. Key players include:

• Lockheed Martin Corporation (U.S.)
• L3Harris Technologies Inc. (U.S.)
• Kratos Defense & Security Solutions, Inc. (U.S.)
• ExoAnalytic Solutions (U.S.)
• Vision Engineering Solutions, LLC (U.S.)
• SpaceNav (U.S.)
• NorthStar Earth & Space Inc. (Canada)
• GlobVision Inc. (Canada)
• Etamax Space GmbH (Germany

Information Source: https://www.fortunebusinessinsights.com/space-situational-awareness-ssa-market-105446

Market Segmentation

The space situational awareness market is segmented by offering, object, and end-user.

By offering, the market is primarily driven by the services segment, which dominates due to the growing demand for space weather analysis, near-Earth object detection, and space surveillance and tracking. Among these, space surveillance and tracking services are expected to grow at the highest CAGR, largely due to the increasing number of satellite launches and the need for effective collision avoidance. On the other hand, the software segment is also anticipated to witness significant growth during the forecast period. This growth is attributed to continuous advancements in software-based solutions for satellite analytics, automation, and tracking algorithms, which enhance operational efficiency and support decision-making in real-time space operations.