World Sales of Space Imagery Will Reach $4 Billion by 2020

29 Ноября 2011
В СМИ (до 2012)
Data sales are expected to rise at a compound annual growth rate (CAGR) of 12% over the decade, reaching nearly $4 billion by 2020 with very high resolution datasets remaining the primary supply source. These numbers were presented by Adam Keith, Director, Earth Observation – Euroconsult on November 29 at the 5th International Conference “Earth from Space…”.

According to Euroconsult EO commercial data sales reached $1.3 billion in 2010. Optical data represented 83% of overall sales, with the remaining 17% from SAR. The majority (60%) of data revenues in 2010 were from very high resolution optical systems to support a predominantly government defense customer base.

Assessing the short-term EO market development, Adam Keith stressed that governments are expected to constitute most of the demand base, thanks to ongoing defense requirements This will be supported by further increased data demand from key private sector end users, in particular oil & gas and developing location-based-services solutions

The number of high-resolution imaging satellites in operation offering commercial data is expected to nearly double over 2010-2015. Nowadays over 40 countries are forecast to launch EO satellite capacity by 2020.

5th International Conference “Earth from Space – the Most Effective Solutions” will be held on November 29 – December 1, 2011 in Moscow Region “Vatutinki” resort hotel. The conference is expected to be attended by over 400 specialists from 25 world countries – experts in space imagery, specialists in manufacturing and operation of Earth satellites, representatives of public authorities, scientific and educational entities, introducing modern technology of space monitoring into their practices. Conference organizers are ScanEx Research & Development Center, “Earth from Space” Association and NGO Transparent World.

Published: Geoplace.com (http://www.geoplace.com/ME2/dirmod.asp?sid=&nm=&type=MultiPublishing&mod=

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