Space & Spatial

Geoscience Australia believes that applying geospatial capabilities within the space and spatial sectors enhances government policy and service delivery. It can achieve this by analysing and visualising location information, making them more efficient, relevant, and targeted, especially during emergencies. Spatial data and space services are integral to our modern lives, connecting us digitally, and the power of location records what, when, and where things happen. Australia can use location to improve economic, environmental, and social outcomes.

Australia regularly faces disasters like floods, droughts, and bushfires. Understanding the geographic extent of these disasters is crucial. Space technologies play a vital role in collecting and disseminating data, aiding response and recovery. Location unifies data and serves as a powerful tool for understanding and communicating information. Applying geospatial capabilities can make government policy and service delivery more efficient during emergencies and in regular operations.

Studies highlight the significant contribution of the space and spatial sector to economies globally and in Australia. Australia’s space industry, though small, has world-class expertise. The spatial community is dominant globally, showing strong growth potential, forming a basis for growth. Space and spatial contribute significantly to digital transformation with global spending on digital transformation expected to reach $2.3 trillion by 2023. The space industry is estimated to grow to over $1.1 trillion by 2040. The Australian space sector was estimated at around $3.9 billion in 2019, with a forecasted 7.1% annual growth by 2024.

The direct economic benefits from space data alone were worth A$496 million in 2015 and are predicted to reach A$1,694 million by 2025. In short, investment in space and spatial provides a vantage point to collect and deliver “ubiquitous data.”