The market for remote sensing data in Russia may grow to 50 billion ₽ by 2030
December 26, 2024
🔘 In 2024, ANO "Digital Economy" in collaboration with Sputnix Group conducted a market research on space-based Earth Remote Sensing (ERS) data and services. The main goal of the research was to determine the current and potential market size for space-based ERS data and related services - both in Russia and globally, as well as to identify key development trends and the most promising market directions.🔘 ERS is used in various industries, including agriculture, forestry and fisheries, oil and gas and mining industries, transportation and shipping, construction, geodesy and cartography, ecology, natural resource management, as well as in meteorology and emergency response.🔘 According to analysts, the global market for ERS data and related services amounted to $4.1 billion (282 billion ₽) in 2022, with a projected average annual growth rate of 5-6%. The market is expected to grow to $6.6 billion (690 billion ₽) by 2030.🔘 Earth Remote Sensing data and services open new horizons for sustainable development, effective resource management, environmental safety, and natural disaster prevention. Further development of this technology and AI-based services will contribute not only to economic growth but also to improving citizens' quality of life.📎 The full text of the report "Analysis of the Space-based Earth Remote Sensing Data and Services Market" is available at the link.