Global Finance: The New Space Race

A January report by Cambridge, Massachusetts-based consultancy Northern Sky Research (NSR) estimates that the satellite and space infrastructure market alone could be worth as much as $570 billion by 2030. This market is seeing strong demand in the crew and cargo domain and is currently the sector’s largest segment. Still, NSR says that by the.

Telecoms: China enters the LEO space race

With many other LEO constellations also in the works, it is little wonder that recent forecasts from Northern Sky Research (NSR) predict that satellite communications will become the biggest single sector of the global space economy in terms of revenue by 2030. The research firm reckons the overall space market will generate cumulative revenue of.

Fidelity: NSR’s Global Space Economy Report Projects $1.25 Trillion in Revenue by 2030

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 segment.

Yahoo Finance: NSR’s Global Space Economy Report Projects $1.25 Trillion in Revenue by 2030

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 & Space.