Global earth observation market to cross $8 billion by 2033, says Novaspace

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BENGALURU :The global Earth Observation (EO) market is on track to exceed $8 billion in valuation by 2033 from $5 billion currently, according to a new report from Novaspace, the merger of Euroconsult and SpaceTec Partners.

It did not say how much the region contributed last year.

Europe follows with a 22 per cent share, Novaspace said.

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Category: EconomyBusiness

Markets: SingaporeCanadaIndia

Topics: Report Market Track Growth Space Billion Technology Cent Global Earth Monitoring

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 13:52:12 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 364 words

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Sentences: 15 lines

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