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A 360° view of opportunities and issues in the EO sector

Now in its 9th edition, Satellite-Based Earth Observation presents an assessment of the current EO value chain and provides forecasts as to how this may evolve leading to 2025. This report presents Euroconsult’s understanding of the various factors that will drive/inhibit the growth in demand for EO satellites and solutions.

In total, eight regional markets are considered individually, along with eight different vertical markets which EO solutions may address. Consolidated figures from this individual analysis provide the high-level data displaying past trends and upcoming demand for EO solutions.

New in this edition: We have introduced valuation and forecasting of the value-added services market, including historical (2006-2015) and forecast (2016-2025) data. The value-added services market reached $3.2 billion in 2015 and is growing at a faster rate than the data market alone (11% 5-year CAGR).

Key markets for value-adding services do not mirror those for commercial data sales. Defense, while representing 61% of the commercial data market, represents only 15% of the VAS market; conversely, infrastructure projects (such as cartography, cadaster, etc.) are only 10% of the commercial data market, but 33% of the value-added market. The reasoning for this is relatively straightforward; defense end-users purchase data with much value-added analytics performed in-house.

On the other hand, lower-cost, coarser resolution and geolocation accuracy data can be leveraged with value-adding to form higher value products and services. This approach is expected in emerging location-based applications – the focus of upcoming satellite constellations. While the data may be lower-cost, it will be able to build applications based on high frequency change detection with the focus on the product or service delivery over purely data sales.

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