This article was collected and archived by Digital Sovereignty Watch from an institutional or public source relevant to digital sovereignty, technology policy, cybersecurity, cloud services, artificial intelligence or European regulation.
Space
The new EUSPA market report is here!
The new and improved Market Report presents a comprehensive overview of the downstream space market, in terms of actual and projected revenues, capturing the market potential and impact, informing policy and funding decisions, and highlighting Europe's role and strengths in a competitive, user-driven space economy. The report also provides key supply and demand trends, insights into application markets and the evolution of GNSS, EO, Secure SATCOM and SSA technologies.Market Highlights and TrendsGNSS on the rise: GNSS revenue is set to reach €580 billion by 2034, overwhelmingly driven by mass‑market applications with consumer solutions, and road and automotive. Secure SATCOM and SSA: The secure SATCOM market addressing the needs of Surveillance, Key Infrastructure and Crisis Management, data service revenues are expected to see strong growth, increasing from just over €200 million in 2025 to nearly €1.2 billion by 2040. Space technology is also fundamental for operational efficiency increasingly required in segments like agriculture, energy and raw materials, as well as infrastructure, mitigating the impact of supply chain disruptions and increased prices for oil, pesticides and fertilizers.Climate Change: Both EO and GNSS play vital roles in monitoring and environmental management. EO is central to assessing the impacts of extreme events and monitoring climate variables, while GNSS supports application for disaster response, environmental and infrastructure management.Urbanisation: Specifically in the South-East Asia region where urbanisation has increased rapidly, EO and GNSS work jointly to provide better urban and energy management and planning, urban development and downstream market growth.Want to find out more? Galileo's system design and system evolution are entrusted by EUSPA to ESA.Media note: This feature can be republished without charge provided the European Union Agency for the Space Programme (EUSPA) is acknowledged as the source at the top or the bottom of the story.