NSR’s Global Space Economy Report Projects $1.25 Trillion in Revenue by 2030

Record Near-Term Investment Drives Long-Term Global Space Revenue Across Infrastructure, Satellite Communications Services and Applications Markets Cambridge, MA– January 26th, 2022- Newly released NSR Global Space Economy, 2nd Edition (NGSE2) projects strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. .

Climate Focus Fuels Satellite Big Data

COP26 in late 2021 saw several plans and promises being announced to address the climate crisis, many that touched upon themes related to deforestation, ocean resource protection and carbon emissions, among others. Countries agreed on rules for international carbon markets, pledged to end deforestation and land degradation, and to cut down on methane emissions. In.

EO Fields of Dreams

Investment in the Earth Observation (EO) and related downstream analytics markets has massively increased in recent years, with 2021 more than doubling due to a number of satellite operators that announced plans to go public via SPAC routes. The commercial EO market is becoming increasingly competitive, with an ever-growing diversity in business models that offer.

GlobeNewswire: NSR Report: Space Traffic Data Volumes Increase 14x Over the Next Ten Years

NSR’s newly released Space Traffic Study report finds that the amount of data to/from space will reach more than 500 exabytes of information from 2020 to 2030. Driven by the increasing needs for satellite-based connectivity and Earth Observation, data either generated in space or traveling through space will be roughly the equivalent of $3.9 billion average capacity.