NSR Report: In‐orbit Satellite Servicing & Space Situational Awareness Present $6.2B Opportunity
2021-03-25 / Number of views:292
February 1, 2021 - NSR’s In‐Orbit Servicing & Space Situational Awareness Markets, 4th Edition (IOSM4) report, released today, forecasts In-Orbit Satellite services (IoS) cumulative revenues of $6.2 billion by 2030. While growth is anticipated across all applications, GEO Satellite Life Extension is expected to generate the largest portion of revenues due to the sheer number of satellites expected to use this service. NSR’s IoSM4 also sees growth in satellite constellations greatly increasing the addressable market in Non- GEO, where services will focus mostly on De-Orbiting and Space Situational Awareness (SSA). NSR‘s latest report forecasts both ground and space based SSA revenues to represent a cumulative revenue opportunity of over $1B through the next decade.
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