Research firm Northern Sky Research (NSR), which specializes in the satellite communications market, is bullish on satellite-to-cellular connectivity and believes it could be a big opportunity for satellite companies to reach billions of new customers. NSR estimates that the service will deliver as much as $66.8 billion in 10-year cumulative revenues for the satellite industry..
According to NSR’s latest Global Space Economy (GSE) 3rd Edition report, the Space Economy is poised to generate USD$ 1.4 trillion over the period of ’21 to ’31, with a growth rate of 6.8%. Service revenue is the key driver of future revenues as infrastructure investments today move to service revenues tomorrow. With services largely.