The global market for satellite-based Earth observation (EO) data and downstream value-added services is growing rapidly. Euroconsult have projected commercial sales of EO data to reach $2.4 billion by 2028, up from $1.5 billion in 2018, a trend is being largely driven by the demand for higher resolution imagery. Similarly, the market for value-added services is expected to grow from $3.5 billion to $6 billion over the same time period. The emergence of big data in Earth observation promises to further support and develop new markets for exploitation and provide new opportunities for innovative companies.

Nicholas Crisp

Research Associate at The University of Manchester. Orbital aerodynamics, spacecraft design, and systems modelling.

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