GlobeNewswire: NSR’s Newest Report Finds Satellite Ground Segment Growth of $147B Cumulative Revenues by 2030
NSR’s newly released Global Satellite Ground Segment, 6th Edition report, finds strong post COVID-19 return to growth for the Ground Segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach $147 Billion through decade.
“The huge amount of coming satellite capacity supply is a significant opportunity for equipment vendors, both from a backend perspective (Earth Stations, Baseband) and for new use cases creating demand for terminals (Consumer, Mobility, Backhaul, IoT & others). Ground Segment is now more strategic than ever in enabling future Satcom growth.”