Novaspace reports major shifts in satellite communications industry
Global satellite capacity is expected to reach 240 Tbps by 2028 and generate service revenues of nearly $120bn by 2033.
Global satellite capacity is expected to reach 240 Tbps by 2028 and generate service revenues of nearly $120bn by 2033.
According to the report, satellite demand is experiencing sustained growth driven by NGSO constellations, while GEO comsat demand is rebounding with smaller assets.
According to the report, 83% of all satellites to be launched over 2022-2031 are expected to be part of NGSO constellations.