Value of satellite-derived Earth Observation capabilities to the UK Government
London Economics, on behalf of Innovate UK, have released an independent economic study to evidence the value of satellite-derived Earth Observation.
The study used¬†a combination of desk-based research and consultations with over 60 experts, concentrating on nine domestic civil use cases, including: Agriculture, Atmosphere, Built Environment, Coastal Management, Flood Management, Forestry, Meteorology, Maritime and Transport Systems.
This study is¬†the first comprehensive insight into the current and near-term value of satellite-derived Earth Observation (EO) capabilities¬†to UK government for civil and domestic purposes. Also investigating the subsequent value to industry as a supplier of EO data and applications to UK government.
- EO presents a nascent but buoyant and high growth market, globally;
- Across the nine use cases examined, the predominant EO use by government is in Meteorology; this represents 90% of the current value derived;
- Current government use in the other civil use cases is limited, variable and fragmented, if at all;
- Government users tend to make use of Sentinel data and process it in-house whilst little commercial data and few civil applications are currently procured for operational use;
- The current government market is fragmented. Findings suggest that there could be benefit from more co-ordination efforts to connect procurers of data and applications to providers;
- Government could treble direct value gains from greater EO use by 2020, and
- Ongoing technological developments are driving the potential for EO use and indicate increasing EO value beyond 2020.
The study is available for download here.