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November 10, 2023

Nourishing commercial growth in Earth observation

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Hot on the heels of the first Earth Observation Commercialisation Forum, now is a good time to take a look at the all-embracing support that ESA gives to the commercial sector in Europe. With funding programmes, business guidance for companies, and multiyear contracts, ESA provides a vital springboard for continued growth in commercial Earth observation.

The global Earth observation data and service market is estimated to be worth around €2 billion every year and predicted to increase to €7–9 billion by 2032. But despite this wealth of opportunity at a global level, companies in the commercial Earth observation sector in Europe may find getting off the ground difficult owing to the complexity of navigating the investment landscape.

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