While demand for satellite-enabled wildfire services is growing among government customers, Northern Sky Research senior analyst Prachi Kawade says it will “remain a very small portion” of the broader market. Kawade says it mostly forms a small part of what it classifies as the “non-imagery” segment of the Earth observation industry. This segment includes capabilities.
The increasing reliance on data for decision-making and the rising number of exploration missions, and EO constellations with high resolution sensors with increased revisit frequencies is growing data generated onboard satellite exponentially. However, the bottleneck on the ground to handle data poses a challenge to obtain low latency actionable insights for critical decision making. Thus,.
Interest in space is exploding, with the industry seeing growth and opportunities that weren’t just dormant, they simply didn’t exist 5-10 years ago. Over the next decade, according to NSR’s Global Space Economy, 2nd Edition, cumulative revenue is expected to hit USD $1.25T. Video, the use-case that built most of the satellite industry and continues.
Potential 6,000+ Laser Communication Terminal Opportunity through Next Decade Cambridge, MA– February 8th, 2022- NSR’s newly released Optical Satellite Communications, 4th Edition (OSC4) projects a $2 Billion Optical Satcom market for equipment, driven primarily by upcoming Non-GEO constellations. As Optical Satcom growth trends upwards at a 47% CAGR, projected demand reaches 6,000+ laser communication terminal.
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.