M&A activity in the VSAT platform segment has been very dynamic in the last several months. After iDirect/Newtec fired the starting gun, Comtech conducted a series of acquisitions including UHP and Gilat.
NSR: Satellite Ground Segment Reaching the “Clouds”, Generating $145 Billion in 10-Year Cumulative Revenues
NSR’s Commercial Satellite Ground Segment, 4th Edition (CSGS4) report, released today, forecasts global annual revenues for the Commercial Satellite Ground Segment to grow to $14.4 billion annually by 2028, with $145 billion in cumulative revenue over the next decade. Despite turbulence in the video market, Satellite TV continues to generate the largest volumes, pushing STBs (Set-top Box) and antennas to capture the biggest share of revenues.