The Earth Observation industry is ascendant on multiple fronts, not the least of it being a growing number of satellites planned to launch over the coming decade. Sensor types are various, from very high resolution (VHR) optical and Synthetic Aperture Radar (SAR) to hyperspectral, radio occultation and others. In 2020, Larry Fink, CEO at BlackRock,.
NSR’s latest report as cloud computing continues to be adopted Cloud computing via satellite, 2nd Edition (CCvS2) We forecast cumulative cloud service revenue of $ 21 billion by 2030 across four major market segments. The imminent wave of both LEO, MEO and GEO-HTS satellite communications services is set to predict 233 exabytes of traffic, significantly drive long-term cloud.
A surge of NewSpace startups and traditional companies alike have leveraged cloud services to reduce lead time and grow revenues across the space industry. According to NSR’s Cloud Computing via Satellite, 2nd Edition report, Communications and Earth Observation are identified as the biggest opportunities in this market. Together they account for $18B of the projected.
Although cloud adoption is decreasing the legacy knowledge requirements for engagement, cost scalability remains a challenge. “The wave of both LEO, MEO and GEO-HTS Satcom services triggers long-term cloud adoption and enhance market engagement opportunity, with 233 exabytes of traffic projected,” according to Cloud Computing via Satellite, 2nd Edition (CCvS2).
Cloud Service Delivery via Satellite to Generate $21 Billion and 233 Exabytes of Traffic by 2030 Cambridge, MA – As adoption of cloud computing continues, NSR’s latest report, Cloud Computing via Satellite, 2nd Edition (CCvS2) forecasts $21 billion cumulative cloud services revenues by 2030 across four key market segments. The impending wave of both LEO, MEO.