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Economic Valuation of VHR Satellite Imagery
GeoSpatial Word ForumAmsterdam, The Netherlands
3 April, 2019
1
Chady Jabbour
Project Manager, OpenIG, France University of Montpellier, Economics Department
Overview
• Presentation of the GEOSUD Spatial Data Infrastructure (SDI)
• General Context & Motivations
• The Main Results
2
3
More than 50 M sq.Km
covered through VHR satellite
imagery
More than 500 organizations, mostly form public
bodiesPublic
ResearchOrganizations
State services
NGO’s &Associations
Non-ScientificPublic Institutions
44
105 67
139
162
• Presentation of the GOESUD Spatial Data Infrastructure (SDI)
• General Context & Motivations
• The Study & Main Results
4
General Context
EO data is usedextensively in almostall the domains
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Very valuable, withoutbeing valued
Satellite imagery isactually provided atno cost by GEOSUD
EO =
Motivations
• State the usefulness of the EO data
• Describe the economic benefits/losses
• Provide justification materials for policy makers
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Maintain elements for establishingBusiness Models
and economic scenarios
• Presentation of the GOESUD Spatial Data Infrastructure (SDI)
• General Context & Motivations
• The Study & Main Results
7
1 2 3
Online Questionnaire
Surveying the SDI registered
users
Econometric Modelling
6-Month periodFebruary - July
2018
Methodological steps
2 3
I- The users’ typology and use
of the VHR satellite images
II- The Contingent valuation Method
• VHR satellite images
• Membership fee to a pooling mechanism system
III- The preferences on the payment terms
IV- The impact of the requested volume of images
in case of a price imposition
Survey Design
10
Main Results
Mean ValueVHR image
Ready to pay300 €
1700 €
63 %
0 %
1700 € * 13 000 Archive images : ~ 22 M€(Net Consumer Surplus)
Acceptance rate of 43%,
Ready to pay5,000 €
Ready to pay15,000 €
10 %
Sector-by-sector Analysis
Local Authorities State Services
Non-Scientific Public Institutions
1531 €
2126 €
1645 €
WTP for joining a VHR pooling system device
3022 €
Acceptance rate of 43%,
Mean Value
10 %
Ready to pay15,000 €
22 %
Ready to pay7,000 €
Preferences on the payment terms
Volume of free images, above which users are ready to pay 750 Euros per additional image
(0,20 € / Km2)
