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The Economic Times
The Economic Times
National

Earth observation can add USD 263 billion in annual economic value globally: Report

New Delhi: While Earth observation (EO) data can contribute up to USD 703 billion to the global economy annually, more than 37 per cent of EO's total economic opportunity remains uncaptured -- around USD 263 billion in annual value -- according to a new report.

Challenges in data acquisition, processing and deployment are among the key reasons for this unrealised value, according to the analysis.

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