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Copernicus Market Report

News | 18-02-19

New Copernicus Market Report highlights the programme’s growing and enduring benefits

Did you know that Copernicus is already a part of your life? Air quality updates in your mobile app, an urban atlas that guide your city’s policies, agricultural data that lessens the environmental impact of your food, early warning systems for floods and forest fires that help your local emergency managers – all these activities benefit from Copernicus satellite data and information. Learn more about how the European Union’s Earth Observation programme is benefitting various economic sectors, businesses and users in Europe and around the world in the second edition of the Copernicus Market Report.

The second edition of the Copernicus Market Report details how Copernicus free and open data and information is used to tackle more and more societal, environmental and economic challenges – ranging from floods and wildfires to insect infestation and forest regrowth. The report was commissioned by the European Commission and is an update to the previous Market Report from 2016. It contains numerous new analyses, comparisons and deep dives into new benefit areas. The report provides an exhaustive account of the growth in the usage of Copernicus data and information, its increasing benefits and analyses the trends that will shape the future of the EU’s Earth Observation programme. You can download the full study here, or read the highlights in this article.
Copernicus is expanding fast. It has doubled its footprint on the Earth Observation (EO) scene and now supplies 20% of the world’s EO data. The volume of downloads grew by 133% since the first Market Report was released in 2016. On top of that, the report found that the percentage of EO companies using Copernicus data increased by 11 percentage points in Europe and by 6 points globally.


                                                              


The value of Copernicus continues to significantly exceed its cost. The total cost of the programme since 2008 is expected to reach €8.2 billion in 2020 while its economic benefits are forecasted to reach a figure between €16.2 and €21.3 billion.

                                                                    
On top of such economic benefits are several other benefits that are hard to translate into monetary figures, such as reduced casualties in the wake of natural disasters, increased food security and improved air quality in cities. Copernicus also helps, for example, to monitor the spread of wildfires, to increase accuracy in monitoring compliance with environmental policies, to reduce the impact of oil spills on ecosystems, and to improve fish stock management. Less obvious benefits include increased competitiveness of European industry and strengthened global collaboration between countries in the field of civil protection.

www.copernicus.eu