#SpaceWatchGL Opinion: Artificial Intelligence and Space - SpaceWatch.Global

If AI (Artificial Intelligence) is the future, then AI plus Space equals future times two. According to Kenneth's Research, AI in Space Exploration market was valued at approximately USD $2 billion in 2018 and is anticipated to grow at a rate of more than 7.25% by 2026. This includes machine-learning solutions for detecting new planets, space weather using magnetosphere and atmosphere measurement, integration of AI in space vehicles and satellites, as well as AI-based robots that can perform highly complex tasks. In addition to Space Exploration, there is a more prominent market for AI in the Earth Observation (EO) sector, where according to the 10th edition of Euroconsult's report, the EO data and services market should reach USD 8.5 billion by 2026 based on current growth trajectories. This same report predicts a market value of USD 6.5 billion by 2026, considering only new applications and solutions that will be developed to open new markets.