The two other dominant industries in the space economy, manufacturing and government, were consistent positive contributors to real gross output and real GDP growth over most of the period. The fast growth in real gross output and real GDP for manufacturing, driven by gains in satellite and GPS/PNT equipment manufacturing, aligns with private-industry reports of.
As NSR stated, “With declining capacity prices, evolving manufacturing capabilities, accelerating development of technology, and innovative launch and service options, all in an environment of competitive dynamics, business case viability remains a challenge for all industry stakeholders. Innovative trends are emerging, manufacturers are achieving greater efficiencies and mission/payload flexibility, operators are choosing smaller satellites, and.
Targeting the reduction of infrastructure costs, eliminating vendor lock-in effects and accelerating virtualization (do these objectives sound familiar to the Satellite industry?), Mobile Operators have embarked on the standardization of Open RAN. In fact, this is one of the hottest topics in the Telco industry with major endorsements like the commitment by the 4 largest.
NSR’s newly released NSR’s Global Space Economy, 2nd Edition (NGSE2) projects strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over $1.25T in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25% CAGR. Satellite & Space.