Cloud Computing via Satellite Adoption Triggers Multi-Segment Transformation. It is expected to bring 233 Exabytes of Traffic by 2030. 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,.
Last week, two major constellations operators, OneWeb and SpaceX, nearly crashed in space, when two of their satellites almost collided. Another near-miss happened the same day when two other satellites nearly struck each other over the Arctic. And last month, the 2-ton NOAA-17 satellite broke up, sending dangerous debris all along its orbit. This type.
NSR’s has just published their Satellite-Based Earth Observation, 12th Edition (EO12) finds a limited impact from COVID-19 on the Earth Observation (EO) market, with the sale of EO data and derived products to reach $8.1 billion annually by 2029.
More recently, space industry consultancy Northern Sky Research broke out its expectations for suborbital versus orbital tourism. By 2028, NSR expects suborbital will be a $2.8 billion market, with $10.4 billion in total revenue over the next decade, while orbital will be a $610 million market, with $3.6 billion in total revenue over the next decade.