Satellite Evolution Group: NSR’s newest report finds satellite ground segment growth of US$147 billion total revenues by 2030

NSR’s newly released Global Satellite Ground Segment, 6th Edition report, finds strong post COVID-19 return to growth for the ground segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach US$147 billion through decade. “The huge amount of coming satellite capacity supply is a significant opportunity.

GlobeNewswire: NSR’s Newest Report Finds Satellite Ground Segment Growth of $147B Cumulative Revenues by 2030

NSR’s newly released Global Satellite Ground Segment, 6th Edition report, finds strong post COVID-19 return to growth for the Ground Segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach $147 Billion through decade. “The huge amount of coming satellite capacity supply is a significant opportunity for equipment vendors,.

The Ground Segment Di(LEO)mma

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.

SatNews: Groundwork For COVID-19 Recovery

[NSR] discusses the Satellite Ground Segment’s COVID-19 recovery in his SatNews article. 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.