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.