India Sweden Space and Geospatial Business Summit 2023

Indian Space Economy is set to reach $13 Bn by 2025. The Indian space sector is recognised for building cost-effective satellites with launch of the Mars probes successfully at first attempt and taking hundreds of foreign satellites to space. India constitutes 2-3% of the global space economy and is expected to enhance its share to more than 10% by 2030. The Geospatial industry is set to touch 681 Million USD by 2025.

The Swedish National Space Agency (SNSA) says: Swedish space companies are internationally competitive and Swedish innovations are found on numerous rockets and satellites. SNSA contributes to Swedish space operations through calls that give companies the opportunity to develop new innovative products and services from satellites, rockets and data deployment - to name just a few areas.

We will shortly upload the speakers, but here are a few:

Tanmaya Lal, Ambassador of india to Sweden and Latvia | Charlotta Sund, President and CEO, Swedish Space Corporation | Sanjay Kumar, CEO Geospatial World | Pär Hedberg, Head of Space Incubator, Cassini/STING | Ted Elvhade, CEO, Rymdkapital | Jens Lundström, CEO, Arctic Business Incubator, ESA BIC | Kranthi Chand, Dhruva Space | Tushar R. Phadnis, Counsellor(Space) and ISRO Technical Liaison Officer, Embassy of India, Paris |

Sethu Saveda Suvanam, Founder and CEO, ReOrbit OY

Many more to come

The Geospatial industry is the next 'Big Opportunity' for technology companies both as an 'advancing market in itself' as well as 'augmenting business processes' of mainstream IT, Engineering and Autonomous industries. It would continue to provide accurate and rich foundation to data infrastructure and increasingly add 3rd dimension to 'everything we do' leading to 'geospatial by default' embedded in digital twin and metaverse that will impact how humans interact with digital and physical world in near-real-time.

The Global Geospatial Market Size is estimated to be USD 452 billion in 2022 and the same is forecasted to grow at 14.61% CAGR and estimated to be USD 681 billion in year 2025. However, it's expected to grow at much faster rate of 16.1% CAGR post 2025, making it to be USD 1.44 Trillion between 2030. While current growth rate is driven by technology innovation, integration of workflows, and augmentation of spatial analytics in business processes, but post 2025 it gains momentum due to public policy reforms and increasing investments in geospatial infrastructure (both public and private) and industry acceleration programs worldwide.

The India Sweden Space and Geospatial Summit 2023 will enable you to:

• interact with a high powered Indian Space and Geospatial delegation comprising of cutting edge companies visiting Sweden between 13-15 December.
• network on International collaboration
• learn about the business opportunities in Space and Geospatial markets in India and Sweden
• create new relationships with
• become even more inspired!