EU Space Market Report

EU Space Market Report 2026

The EU Space Market Report 2026 presents key trends, forecasts and insights shaping the evolution of the global space economy. Through data-driven analysis and sector-focused perspectives, the report explores how EO, GNSS, Secure SATCOM, and SSA are transforming industries, enabling resilience and supporting innovation across Europe and beyond.

This first issue analyses the downstream markets addressed by the EU Space Programme, primarily with GNSS and EO, but also marks the first step towards the integration of Secure SATCOM and SSA into the underlying economic model. The EO and GNSS markets, spanning a variety of applications, are now categorised into 16 segments, with the addition of EU Border and Internal Security. Secure SATCOM is defined around three relevant categories – surveillance, crisis management, and key infrastructure – addressing 12 use cases.

Overview

The global space market continues to evolve towards service-driven ecosystems, where value creation increasingly comes from downstream applications, analytics and integrated digital services.

Rapid advances in data processing, AI, automation and connectivity are accelerating the adoption of space-enabled solutions across a wide range of sectors. At the same time, growing geopolitical, environmental and operational challenges are reinforcing the importance of resilient, reliable and sovereign European space capabilities.

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Key highlights

€8B

EO revenues by 2034

with growth accelerated by LEO constellations, dual-use synergies and AI

€580B

expected GNSS market expansion by 2034

driven by consumer solutions, and road and automotive

€1.2B

Secure SATCOM revenues by 2040 in the EU

with law enforcement, civil protection and forces deployment expected to lead the market

SSA

growing operational demand

coming from increasingly congested space environment

Market overview

EO distribution of revenues by segment (2024)

In 2024, Agriculture accounted for the largest share of EO revenues (21%), followed by Energy and Raw Materials (14%) and Climate, Environment and Biodiversity (12%). This distribution highlights the diverse applications of EO data and services across multiple market segments.

Global GNSS cumulative revenue by segment (2024–2034)

Global GNSS cumulative revenues are projected to reach €4.8 trillion between 2024 and 2034. Consumer Solutions, Tourism and Health are expected to account for the largest share (59.5%), followed by Road and Automotive (30.1%), highlighting the significant role of GNSS technologies in consumer and mobility applications.

GNSS Revenue Distribution
by Region (2024)

The GNSS downstream market continues to expand steadily, with total revenues from devices and GNSS-enabled services rising from around €300 billion in 2024 to more than €580 billion by 2034. This growth reflects both the increasing scale of GNSS adoption across multiple sectors and the diversification of revenue streams linked to PNT technologies.

EO Revenue Distribution
by Region (2024)

In 2024, EO data revenues exceeded €680 million across all segments. The EO data market is expected to grow at a CAGR of nearly 6% through 2034, exceeding €1.2 billion in total revenues.

Secure SATCOM Data Revenue
by Use Case (2025–2040)

The Secure SATCOM market, addressing the needs of Surveillance, Key Infrastructure and Crisis Management,data service revenues generated by EU users are forecast to grow significantly. They are expected to increase from over €200 million in 2025 to nearly €1.2 billion by 2040.