PRAGUE, Czech Republic (EUSPA PR) — To help you better appreciate and reap the full benefits of space technology, EUSPA experts compiled the “EUSPA EO and GNSS Market Report“.  The 216-page long release is the ultimate guide to anyone who seeks to make the EU Space technologies part of their business plan, develop new space downstream applications and see a tangible return on investment.

More than ever society relies on innovative solutions to deal with the big data paradigm, respond to and mitigate climate change, natural and man-made disasters, curb the spread of diseases and strengthen a global supply chain that underpins our daily lives. Earth Observation (EO) and Global Navigation Satellite System (GNSS) data is becoming increasingly important to these innovative solutions through dozens of applications that are emerging or already in use by citizens, businesses, governments, industry, international organizations, NGOs, and researchers around the world. In 2021, GNSS and EO downstream market generated over 200 billion euros revenues and are set to reach almost half a trillion over the next decade.