Research and Application News
Earth Observation Policies – What is the Way Forward
05 August 2019
Satellite earth observation is a global enterprise right from the days of Landsat. However, with rapid privatization of the industry, there are conflicts between the data policy dictated by commercial requirements and national laws. Initiatives at national, sub-national and regional levels and their due alignment with each other is imperative to understand the impact on the industry.
The 2019 edition of the Global Geospatial Industry Outlook and Readiness Index (published by Geospatial Media and Communications in GeoBuiz report) shows that the geospatial industry was worth around $339 billion in 2018. The industry is projected to be worth $439.2 billion by 2020, growing at a CAGR (compound annual growth rate) of 13.8%.
Source: Geospatial World
Image credit: Geospatial World - The big picture.