Satellite Communications

Global Space Economy report forecasting for space and satellite markets

NSR Global Space Economy

PUBLISHED: March 2021

Available Licenses: Standard: $4,795 Enterprise: $8,795

  • Report Summary
  • Key Features
  • Table of Contents
  • Supporting Articles
  • Report+

The NSR Global Space Economy study is a benchmark of NSR’s research library focused on the Space & Satellite Markets. Covering the core opportunities of Space & Satellite Infrastructure, Applications, and Connectivity, the study builds a complete picture of NSR’s assessment of cumulative satellite & space revenue opportunities from 2019 to 2029.

In this completely new market report, NSR compiles its space and satellite focused datasets to chart out the cumulative opportunity for players across the value-chain. Excluding secondary use-cases for space-based services such as GPS/PNT chipsets or DTH Subscription revenues/equipment, the report finds over $1 Trillion Dollars in cumulative revenues between 2019 to 2029. Driven in large-part by connectivity use-cases (directly as a use-case, and indirectly as a sub-segment within Applications or Infrastructure), the report explores the current and emerging segments and sub-segments fueling this expanding market.

Largely comprised of Infrastructure-centric revenues in 2019, the market continues to shift towards a services and software-centric business model. Ranging from business models looking to commercialize crew and cargo missions to near-earth orbits, to emerging Earth Observation-based Data Analytics opportunities the “__ As-A-Service” business models have arrived for within the Space and Satellite Markets. SD-WANs, 5G, Big Data, Cloud Computing, and other “terrestrially-born” technology solutions are moving beyond the confines of terrestrial use-cases. Overall, all segments of the Satellite & Space markets are experiencing significant changes – some with mixed top-line results.

Within NSR Global Space Economy, the report highlights the key trends, comparisons between each of the three core segments, and dives into the sub-segments fueling these opportunities over the next ten years. Comparing sub-segments as diverse as ‘traditional’ connectivity plays for Consumer Broadband against emerging Cloud Data & IoT models to infrastructure requirements in the manufacturing and launch markets, the report builds-out a cross-comparison of these key opportunities.

NSR Global Space Economy answers the following questions:

  • In NSR’s view, how large is the Global Space and Satellite Market?
  • Does Infrastructure or Satellite Communications drive revenues?
  • Which Sub-segments will see significant cumulative revenues from 2019 to 2029?
  • Will new Application-centric Value Propositions unlock new revenue sources for value-chain players?
  • Can we compare growth prospects over the next ten years?

Bottom Line: What are the Cumulative Revenues from 2019 to 2029 for the Space & Satellite Markets, and what is driving this growth?

The NSR Global Space Economy report is a landmark study tracking the cumulative revenue opportunity from 2019 to 2029 for Satellite & Space Infrastructure, Applications, and Communications. Combining NSR’s research library into a consolidated, harmonized segment-level view the report gives the “30,000 ft view” of which segments matter, cross-comparison of sub-segments, and the build-up of annual growth rates.

NSR largely divides the market into three main components: Space & Satellite Infrastructure, Space & Satellite Applications, and Satellite Connectivity. Each focuses on ‘retail revenues’ which end-users pay into the space & Satellite Markets, rather than tracking intermediary revenue flows such as capacity revenues that become packaged into connectivity services (with exception of Video markets where that is the only metric tracked in the Connectivity vertical.) It also largely ignores the program budgets of Nation-States for Space Exploration, unless those programs are procured as a commercial service (e.g. NASA’s Commercial Crew). The report focuses on the commercially-available/sourced opportunity for the Space & Satellite Markets.

At over $30B in 2019, the Satellite Connectivity market is perhaps the ‘most typical’ use-case for space-based assets and investments. Building and Launching these space-based resources have similarly undergone significant transformation over the past 60-year history of the Satellite & Space industry. Beyond connectivity, a wide variety of applications are enabled via Space-based assets, chiefly Earth-Observation focused services. Ranging from optical imaging to radio-frequency based monitoring, these are unlocking new use-cases here on Earth.

Bottom Line, the commercially-focused Satellite & Space Sectors are an $80B Market Opportunity in 2019, with cumulative revenues from 2019 to 2029 exceeding $1T. Connectivity continues to drive the market opportunity; the cost to build, launch, and operate space-based assets is dropping; and new use-cases to improve life on earth continue to emerge.

Who Should Purchase This Report?

  • Satellite Communications Players
  • Financial Institutions and Investors
  • Space Organizations and Agencies
  • Systems Integrators & Service Providers
  • Manufacturing and Launch Providers
  • Value-Added Services Companies
  • Anyone Seeking an Overview of Space & Satellite Industry Revenue Prospects over the Next Decade

Table of Contents  

Executive Summary

  1. Definitions
  2. Space & Satellite Markets Overview
    1. An Introduction to the Satellite & Space Market
    2. Major Trends
    3. About the Value-Chain
    4. Challenges & Opportunities
    5. Summary of Findings – Space & Satellite Markets
  3. Space & Satellite Infrastructure Markets
    1. Summary of Findings – Space & Satellite Infrastructure
    2. KPIs – Manufacturing Markets
    3. Evolving Industry KPIs – Launch
    4. Evolving Industry KPIs – Market Forecasts by Sub-Segment
    5. Key Trends – Manufacturing and Launch Opportunities by Orbit
    6. Key Findings
    7. Bottom Line
  4. Space & Satellite Application Markets
    1. Summary of Findings – Space & Satellite Applications
    2. Key Trends – Big Data Markets
    3. Key Trends – Cloud Computing
    4. Key Trends – Earth Observation
    5. Key Findings
    6. Bottom Line
  5. Satellite Connectivity Markets
    1. Summary of Findings – Satellite Connectivity
    2. KPIs – Satellite Connectivity Supply
    3. KPIs – Satellite Connectivity Demand
    4. KPIs – Satellite Connectivity Average Costs On Decline
    5. Key Findings
    6. Bottom Line

List of Exhibits

Executive Summary

  • Space & Satellite Markets Cumulative Revenues ($B)
  • Space & Satellite Markets Revenues, 2019 to 2029
  • Space & Satellite Markets Segment Percentages, 2019 to 2029
  1. Definitions
  2. Space & Satellite Markets Overview
    1. Space & Satellite Markets Cumulative Revenues ($B)
    2. Cumulative Revenue Opportunities ($B) by Sub-Segment
    3. Annual Space & Satellite Markets Cumulative Revenues ($B), 2019 to 2029
    4. 2019 vs. 2020 to 2029 Space & Satellite Markets Cumulative Revenues ($B)
  3. Space & Satellite Infrastructure Markets
    1. Space & Satellite Infrastructure Cumulative Revenues ($B)
    2. (KPI) Satellite Manufacturing and Launch Market by Vertical
    3. (KPI) GEO Satellite Manufacturing and Launch Market
    4. (KPI) Non-GEO Satellite Manufacturing and Launch Market
    5. Annual Space & Satellite Infrastructure Cumulative Revenues ($B)
    6. 2019 vs. 2020 to 2029 Space & Satellite Infrastructure Cumulative Revenues ($B)
  4. Space & Satellite Application Markets
    1. Space & Satellite Applications Cumulative Revenues ($B)
    2. Annual Space & Satellite Applications Cumulative Revenues ($B)
    3. 2019 vs. 2020 to 2029 Space & Satellite Applications Cumulative Revenues ($B)
  5. Satellite Connectivity Markets
    1. Satellite Connectivity ‘19 to ‘29 Cumulative Revenues ($B)
    2. (KPI) Satellite Connectivity Supply (Gbps) , GEO & Non-GEO C / Ku / Ka-bands
    3. (KPI) Gbps of Demand for Commercial Satellite Connectivity, GEO & Non-GEO C / Ku / Ka-bands
    4. (KPI) Average GEO & Non-GEO C/Ku/Ka-band Capacity Cost Per Mbps Per Month
    5. Annual Satellite Connectivity Cumulative Revenues ($B)
    6. 2019 vs. 2020 to 2029 Satellite Connectivity Cumulative Revenues ($B)
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