The New Space Economy (NSE) is an increasingly debated topic due to its novelty and relevance to sustainable industrial practices. However, the overall effectiveness of NSE, particularly Earth Observation activities for sustainable development, is questioned mainly due to fragmented literature. This literature fails to adequately explore how integrating NSE technologies into environmental and technological processes interacts with learning and capacity building for NSE adoption, particularly in non-traditional sectors such as agriculture, health, and renewable energy.
Therefore, we analyze the state of the art through a systematic review and content analysis of NSE’s impact on sustainability challenges. We identify key concepts from 50 selected papers, organizing content into meaningful categories related to the intersection of NSE and sustainability. Many studies show that space data, ecosystem integration, and sustainable development should be synergistically connected, suggesting a transformation in space-related activities. Accordingly, we address the literature gap by proposing an original conceptual framework that emphasises the technological potential of space data as a powerful information source for businesses and policymakers. The framework highlights how space data, ecosystem integration among NSE stakeholders, and capacity development are essential to achieving sustainability targets.
Practical implications include using the framework as a blueprint for adopting the NSE, understanding its benefits, and expanding the scope of sustainable development across environmental domains and social and economic metrics.
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