Satellite Evolution Group: NSR’s newest report finds satellite ground segment growth of US$147 billion total 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 US$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),”