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NSR’s Commercial Satellite Ground Segment report projects the global market for Commercial Satellite Ground Equipment will grow from $5.6 billion (€5bn) in 2015 to $11.5 billion in 2025, generating over $100 billion in cumulative revenue. Mass-markets like DTH and Consumer Broadband will generate the majority of shipments. However, high-value markets such as Aeronautical Satcom and Earth Stations offer large revenue potential and sizable upside for equipment vendors.
“Global shipments for commercial satellite ground equipment will surpass 57 million units by 2025 across all verticals and regions,” stated Lluc Palerm, NSR Analyst and report co-author. “Technological transformations are greatly impacting all markets. The transition to HD, UltraHD and smart STBs are generating high growth in the dominant DTH vertical. HTS is the key transformational force, opening new markets while setting new performance requirements for satellite ground platforms. Only the platforms that can best adapt to this new HTS environment will be able to capture the growth opportunities ahead.”
“The need for connectivity is stronger every day, everywhere, and this is creating opportunities for SatCom on a global basis,“ commented Prateep Basu, NSR Analyst and report co-author. “Mobility markets, in particular Aeronautical SatCom, present high revenue growth potential. However, strong entry barriers exist.”