In 2023, the economic value of Earth observation data was estimated to be US$15 billion for South-east Asia. Increased adoption of Earth observation tech could triple the region’s economic value to US$45 billion a year by 2030. Cumulatively, this contributes an additional US$100 billion to the region’s GDP. Indonesia is expected to gain around 50 per cent of these economic benefits due to its extensive agricultural and natural resource sectors, the report noted. Ramping up space technologies and sending up more satellites to serve as “eyes on Earth” can bring in more money to South-east Asia . Leveraging earth observation data, such as satellite imagery, could contribute an additional US$100 billion (S$135 billion) to the region’s GDP by 2030. Do you think data collection should be highly monitored ?
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