Global market for commercial Earth observation data and services to reach $8 billion by 2029, growing from $4.6 billion in 2019 - Novaspace

Paris, Washington D.C., Montreal, Yokohama – In its research report, Euroconsult provides in-depth analysis of Earth Observation (EO) satellite systems, commercial EO data, and the value-added services that contribute to the sector. With a global market projected to reach $8 billion by 2029, growth is expected to be driven by a mix of defense and new commercial markets, supported by the arrival of new constellation operators with low-cost solutions.