The Satellite Evolution Group discusses NSR’s Global Satellite Ground Segment, 5th Edition report. The longest-standing and most complete analysis and forecast of the commercial satellite ground equipment sector. The study leverages NSR’s extensive and in-depth satellite industry knowledge and provides shipments and equipment revenues for all key industry segments.
The interplay between Exploration and Exploitation is critical for the long-run performance of a solution, company, or sector. Enterprise VSAT market revenues have plateaued with long exploitation of the conventional satellite connectivity offerings and hence, the industry had been in exploration for next-gen technologies, products or solutions to push the segment’s topline on the growth.
Since then, cloud players have emerged as a key segment to watch out for in the satellite business, first through direct peering partnerships such as Azure ExpressRoute and IBM Direct Link, and more recently, through high profile dedicated business units as in the case of AWS Aerospace and Satellite Solutions and Azure Space.
With 5 players racing to launch their LEO/MEO fleets in SpaceX, OneWeb, SES, Amazon and Telesat, and with first 4 committing financially, the satcom world is finally acknowledging the Non-GEO shift.
NSR’s Satellite-Based Earth Observation, 12th Edition (EO12), released today, finds a limited impact from COVID-19 on the EO market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029. Revenues will be driven by government, military, and financial service-based customers, owing to strong demand and diversity need.