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Carry out cost-benefit assessments - UK

The UK government commissioned an assessment aimed to quantify the economic benefits of GNSS to the UK and estimate potential losses from disruptions. The methodology entailed:

• Sectoral analysis: Focused on seven priority sectors: Agriculture, Aviation, Emergency Services, Finance, Maritime, Rail, and Road

• Economic Modelling: Compared scenarios with and without GNSS to estimate benefits and losses

• Data Sources: Utilized updated data on GNSS usage, device penetration, and sector-specific dependencies


Prerequisites:

• Identify PNT products and services to be evaluated

• Determine the evaluation framework and methodology

• Identify and engage with industry experts and other stakeholders to gather insights and validate market assumptions

• Procurement pathway

• Partner support as needed

Cost:

• Ballpark: USD 50k–250k

• Includes: literature review and baseline study, stakeholder consultations, expert advisory, report drafting and validation

Timeframe:

• Overall: 6–12 mo

• Phase: scoping (1–2 mo), consultation (2–4 mo), drafting (2–4 mo), validation (1–2 mo)

Pros:

• Informed Decision-Making - Clarifies which path (buying data/services, buying a satellite, or building in-house) offers the best value, reducing risk of investing in a suboptimal or overly expensive solution.

• Strategic Alignment - Ensures the PNT solution aligns with long-term business or national security goals, helping position your organization competitively within the sector

• Stakeholder Buy-In - Provides evidence-based justification for executive or investor decisions, supporting cross-functional discussions between finance, engineering, and leadership.

• Cost Control - Identifies hidden costs, scalability issues, or unexpected dependencies before committing.

• Capability Mapping - Highlights internal strengths/weaknesses and potential partnership opportunities.

Considerations:

• Time and Resource Intensive - Gather data across technical, financial, and strategic domains—an effort that can delay decision-making if not well-scoped or supported. Uncertainty in

• Assumptions - Rely on forecasts, vendor quotes, or incomplete market data that may shift rapidly, introducing risk into planning outcomes.

Location
United Kingdom
Domain
PNT
Toolkit Step
Domains
Enabler
Finance