NSR’s newly released NSR’s 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. With over $1.25T in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25% CAGR. Satellite &.
However, by decade’s end, NGSE2 observes Satellite Communications Services overtaking Infrastructure to become the dominant market in terms of annual revenues. From segments such as Mobility (aero, maritime, land) to Enterprise Data and Gov/Mil, the upside for Satellite Communications Services is significant as more/flexible satellites are launched and an increasingly virtual, 5G-enabled and cloud-based ground.
As Satellite & Space Analysts there are few truths in our market: Schedules almost always slip to the right; and the volume of data always increases. While others at NSR frequently comment around schedule (see… nearly anything we publish), the second ‘fact’ requires further explanation. It is no doubt true that the amount of “data”.
NSR’s newly released NSR’s 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. With more than $1.25 trillion in cumulative revenue projected by 2030, the space industry growth trajectory trends upwards at a 6.25% CAGR..
Northern Sky Research (NSR) in its Global Space Economy, 2nd Edition report, is projecting that the Global Space Economy will be worth $1.25 trillion (€1.12tn) by 2030. NSR is projecting strong revenue potential across all key segments, underpinned by record setting investment and both public and private sector demand for space products and services. With over.