Unlocking space-based innovation to drive impact across five key terrestrial industry sectors
CamIn works with early adopters to identify new opportunities enabled by emerging technology.
of CamIn’s project team comprised of leading industry and technology experts
Our professional services client wanted to confirm competitive service opportunities in the global space economy sector over the next 10 years. CamIn identified 15 competitive service opportunities in the $110 billion space-related advisory market
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The client aimed to establish a dedicated space vertical to expand offerings using space-based assets, targeting 5 major on-earth sectors: government, energy & power, industrials, telecommunications, and life sciences. A credible go-to-market strategy was needed, grounded in emerging capabilities like satellite communications, Earth observation, and orbital data analytics. With the global space economy valued at $596 billion in 2024 and projected to reach $944 billion by 2033, the opportunity is significant. Exploring and validating these opportunities proved challenging, requiring deep expertise in space technologies, systems integration, and evolving commercial models well beyond the organisation’s existing domain knowledge.
11 | 11 interviews conducted with senior stakeholders to understand current customer demand for space-based solutions. This would provide a clear inwards perspective for potential quick-wins. |
82 | After confirming a total of 39 market challenges, 82 technology-push and market-pull use cases were identified where space-based technologies could provide clear value for on-earth applications. |
45 | After assessing technology feasibility, market desirability, and implementation viability, 45 high-impact use cases were shortlisted as a foundation for developing competitive products/services. |
15 | 15 new services confirmed based on tech feasibility, customer interest, ease of implementation, and competitive positioning. Recommendations were relayed to all relevant stakeholders for development and launch. |
15 new products confirmed for development based on tech feasibility, customer interest, and ease of implementation.
The client developed 8 services from our recommendations and officially launched their Space vertical practice globally.
The client confirmed the success of the product launches, generating revenue, de-risking their investment, and accessing the $110 billion market for space-related advisory.
Space-based technologies refer to systems and platforms positioned in orbit that deliver services to Earth in the form of data, connectivity, and navigation. These technologies are built around a growing ecosystem of modular and scalable satellite infrastructure and data relay systems.
Key components include:
Space systems offer coverage, resolution, and data granularity that ground infrastructure cannot match, especially across geographically distributed or remote environments. Each sector benefits from a unique set of space capabilities:
Space-based technologies are expected to become foundational to economic infrastructure. The global space economy isprojected to grow from 596 billion US dollars in 2024 to 944 billion by 2033, with a significant share tied to downstream services.
Key impacts include:
Several next-generation space technologies are poised to reshape on-earth services:
These advancements are shifting space from a specialized domain into a foundational infrastructure layer for decision-making across key industries.