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.
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Global satellite capacity is expected to reach 240 Tbps by 2028 and generate service revenues of nearly $120bn by 2033.
The firm has predicted 5,401 Earth Observation satellites will be launched between 2024 and 2033.
Satellite constellations are redefining the global maritime communications market over the coming decade after shipping operators adopt hybrid approach.
According to Novaspace's findings, government expenditures on space defence and security have reached a historic high, surpassing $58bn.
Novaspace provides comprehensive, integrated service offerings to meet the evolving needs of the global space sector, offering strategic and technical perspectives for decision-makers in both private and public entities.
