The Ground Segment has been one of the hardest-hit elements of the satcom value chain brought about by COVID-19,” stated Lluc Palerm, NSR Senior Analyst and report author. “Q2 was a disaster for many actors, and 2020 will close with revenues down by 18.6%.
NSR’s Global Satellite Ground Segment, 5th Edition report, released today, forecasts global, cumulative revenues for the Commercial Satellite Ground Segment by 2029 at $138 Billion.
NSR’s Satellite Industry Financial Analysis, 10th Edition report, released today, finds an industry enduring stunted growth with bankruptcies and revenue declines across the satellite operator and service provider segments.
COVID-19 has generally dealt the Ground Segment with severe impact as many deployments were put on hold and spending on CAPEX, delayed. Enterprise and Mobility segments were and continue to be hard hit. There is, however, very different behavior on multiple market segments depending on the use case.
NSR’s VSAT and Broadband Satellite Markets 19th Edition report, released today, finds a resilient market, despite near term COVID-19 challenges and changing Key Performance Indicators.