ORLANDO, Fla. and PARIS, France (TerraMetric/Euroconsult PR) — Global space business development firm TerraMetric and Euroconsult, the leading global consulting firm focused on space, and satellite-enabled markets, have entered into a Preferred Strategic Partnership agreement. As part of the cooperation, TerraMetric and Euroconsult will collaborate in a wide range of comprehensive capabilities.

As part of the agreement, Euroconsult’s clients will benefit from TerraMetric’s proven NewSpace expertise in the space technology and geospatial markets.

Paris, Washington D.C., Montreal, Yokohama (Euroconsult PR) – For its latest research titled, EO4AG – Earth Observation for Agriculture, Euroconsult has teamed up with TerraMetric, a US-based, global business development firm focused on geospatial and new space markets, to provide an in-depth analysis on the global trends, vertical integration opportunities and regional demand forecasted for Earth observation-based services and products addressing the agriculture sector.

The two companies forecast that by 2029, the total agricultural market is expected to double in value to reach over $815 million. While government-driven sales are foreseen to remain significant, the uptake of precision agriculture solutions within the private sector due to expected near-global broadband coverage is expected to be the main catalyst behind this anticipated market growth.