Euroconsult Projects $1 Billion in Earth Observation Data Sales in 2009 Rising to $3.9 Billion by 2018

Euroconsult Projects $1 Billion in Earth Observation Data Sales in 2009 Rising to $3.9 Billion by 2018

The European research and analysis firm Euroconsult has released a new report projecting $1 billion in annual data sales for earth observation satellites in 2009, “a figure expected to nearly quadruple by 2018.” The report, Satellite-Based Earth Obervations, Market Prospects to 2018, also reports that 260 Earth observation and meteorology satellites will be launched in the next 10 years “generating $27.4 billion in manufacturing revenues.”

The report is being released in advance of a one-day Symposium on Earth Observation Business to be held on September 10, 2009 in Paris, France. It is part of World Satellite Business Week (Sept. 7-10) to be held at the Westin in Paris.

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