LEOs are transforming the satellite industry, and the ground segment is no different. While the opportunity for equipment vendors is massive, it is not absent of risks. Non-GEOs will certainly unlock new areas of growth where equipment vendors can capture a portion of the value. However, participating in the NGSO ecosystem requires heavy R&D efforts.
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 Satellite Ground Segment has been one of the hardest-hit steps in the value chain brought about by the pandemic. With many deployments and new deals halted due to lockdowns, equipment could not be shipped, and revenues were not generated. But COVID-19 also accelerated the transformation of the industry, laying the groundwork for solid future.
The Ground Segment has been one of the hardest-hit elements of the satcom value chain brought about by COVID-19,” stated [NSR]. “Q2 was a disaster for many actors, and 2020 will close with revenues down by 18.6%.
NSR’s Global Satellite Ground Segment, 5th Edition report, released today, forecasts global, cumulative revenues for the Commercial Satellite Ground Segment by 2029 at $138 Billion.