The advent of small satellites and the enabling satellite miniaturization technologies have opened abundant opportunities in the space industry. From technology development and on-orbit demonstration missions, to mega satellite constellations, it has brought a palpable change in the space ecosystem. While the relative simplicity and the associated low-cost architecture are enabling (the much needed) easier.
Viasat collects some thoughts from a cross section of the NSR analyst team in this article, including OneWeb Finally Launches, Satellite 5G Progress, C-Band Spectrum Decisions, Pricing Freefall, Financials in Focus, Smallsats Take Center Stage, Falcon Heavy Enters the Scene, and Still Waiting for Flat Panel Antennas.
NSR’s Satellite-Based Earth Observation, 10th Edition report forecasts the revenue opportunity from non-imagery data to grow to almost $255M by 2027, at a CAGR of 45.7%. Early investment from Public Authorities, Weather, and Energy customers is expected to drive the market, until supply and data pipelines are matured, when Services and Industrial verticals especially will show more.
The advent of small satellites and the enabling satellite miniaturization technologies have opened up abundant opportunities in the space industry.
The potential uses for this big data are so vast that satellite analytics will be worth $18.1bn by 2027, according to Northern Sky Research.