NSR’s has just published their Satellite-Based Earth Observation, 12th Edition (EO12) finds a limited impact from COVID-19 on the Earth Observation (EO) market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029.
CNBC: How SpaceX, Virgin Galactic, Blue Origin and others compete in the growing space tourism market
More recently, space industry consultancy Northern Sky Research broke out its expectations for suborbital versus orbital tourism. By 2028, NSR expects suborbital will be a $2.8 billion market, with $10.4 billion in total revenue over the next decade, while orbital will be a $610 million market, with $3.6 billion in total revenue over the next decade.
NSR’s Satellite-Based Earth Observation, 12th Edition (EO12), released today, finds a limited impact from COVID-19 on the EO market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029. Revenues will be driven by government, military, and financial service-based customers, owing to strong demand and diversity need.
The Starlink constellation is currently made up of over 650 communication satellites orbiting Earth at an altitude of 550 kilometers. By satellite count, such partial deployment already makes SpaceX the world’s largest satellite operator of FSS frequency bands suitable for high-throughput connectivity. As more Starlink and OneWeb satellites are manufactured, deployed and other satellite operators.
Report Finds Each Constellation Closes its Business Case under Specific Conditions Cambridge, MA – NSR’s HTS Satellite Constellations, A Critical Assessment, 3rd Edition report finds a $68 Billion Revenue Potential for HTS Satellite Constellations over the next decade, with varying levels of business case viability. Opportunity exists for SpaceX, OneWeb, mPower, Amazon, and Telesat to.