The Galileo Program is a joint initiative of the European Union and the European Space Agency to provide Europe with its own independent global satellite navigation system. The Galileo system will allow users to pinpoint their location at any time to a high degree of accuracy. The system is meant to ensure Europe's competitiveness in a global market in satellite navigation products and services. It is planned to be interoperable with the American satellite navigation systems GPS. Galileo's advantage compared with GPS will be its accuracy. When fully deployed, Galileo will consist of a constellation of 30 satellites.

The study aims to provide an assessment of the current state of the program and focuses on the perspectives for Galileo to establish or get access to markets for applications of satellite navigation as in the area of transport, telecommunications, fisheries and agriculture, civil protection, building, environmental protection, and others. The biggest markets estimated are services for transport (electronic charging, route guidance, fleet management, Advanced Driving Assistant Systems) and private mobile phone applications (e.g. location based information services). The project mainly draws on expert opinions and on an expert workshop carried out at the European Parliament in September 2006.