At SATELLITE 2019, one of the hot topics will likely be the future of Low Earth Orbit (LEO) satellite systems. But, many questions remain. With this potentially huge influx of capacity coming to market, which companies will be the buyers for this capacity?
As we kick off 2019, a key area of interest for many is what trends the satellite industry will see play out this year, as well as what the key drivers of growth will be for operators and customers alike.
While growth is anticipated across all applications in all orbits, GEO satellite life extension will yield the largest share of revenues. As more LEO constellations start to launch, NGEO players represent an emerging target market, with de-orbiting services expected to dominate this segment.
SatelliteProMe: In-Orbit Satellite Services to bring in $4.5bn in cumulative revenues by 2028, forecasts NSR
NSR’s In-Orbit Servicing Markets, second edition report discusses the potential for the entire industry, with focus on opportunities in both GEO and non-GEO orbits. Northern Sky Research has released its In-Orbit Servicing Markets, second edition (IoSM2) report, which forecasts $4.5 billion in cumulative revenues from In-Orbit Satellite Services by 2028.
NSR’s In-Orbit Servicing Markets, 2nd Edition (IoSM2) report, released today, forecasts $4.5 billion in cumulative revenues from In-Orbit Satellite Services by 2028.