NSR’s Newest Report Finds Satellite Ground Segment Growth of $147B Cumulative Revenues by 2030

Significant Upcoming Satellite Capacity Supply Drives Double- Digit ‘Return to Growth’ in the Satellite Ground Segment


CAMBRIDGE, Mass., Dec. 14, 2021 (GLOBE NEWSWIRE) -- NSR’s newly released Global Satellite Ground Segment, 6th Edition report, finds strong post COVID-19 return to growth for the Ground Segment, illuminating a massive increase in upcoming satellite capacity supply. With a double-digit growth forecast, cumulative industry revenues reach $147 Billion through decade.

“The huge amount of coming satellite capacity supply is a significant opportunity for equipment vendors, both from a backend perspective (Earth Stations, Baseband) and for new use cases creating demand for terminals (Consumer, Mobility, Backhaul, IoT & others),” explains report author Lluc Palerm. “Ground Segment is now more strategic than ever in enabling future Satcom growth.”

VSAT platforms (Modems + Baseband Equipment), the fastest growing element at 14.0% CAGR, are becoming the technology enabler for Satcom data-centered growth. While Antennas continue as major barrier for NGSOs reaching mass markets, opportunity in sophisticated markets like Earth Stations and Mobility is increasing dramatically.

With Segment evolution, expectations increase for Ground Segment to transition toward virtualization and integration with mainstream Telco networks. In the era of cheap and easy access to space, Operator goals are firmly in building new platforms, making it easier for end users to adopt Satcom, while improving cost competitiveness.

“Despite the hype around virtualization, the industry still lags behind,” adds Palerm. “If the industry wants to be ready for flexible satellites and the coming supply from constellations and VHTS, the Satellite Ground Segment must step up its game and evolve towards a Cloud-enabled solution.”

Palerm concludes, “In the transition from 'MHz' to 'Networks-as-a-Service', the Ground Segment needs to play a central role. Satellite Ground Segment is core to meeting future industry challenges such as virtualization, orchestration and integration into 5G, and the mainstream Telco ecosystem; now is the time to act.”

About the Report

NSR’s Global Satellite Ground Segment, 6th Edition (GSGS6) is the industry’s longest-standing analysis and assessment of the commercial satellite ground equipment sector. The report offers detailed discussion of the trends, business models, and technologies shaping the future of the ground equipment industry. Segmented into Set-top-Box, modems, RF chains, antennas and baseband equipment, GSGS6 details their impact on the satellite industry taking readers on a deep dive of equipment developments for selected verticals. 

For additional information on this report, including a full table of contents, list of exhibits and executive summary, please visit www.nsr.com or call NSR at +1-617-674-7743.

Companies and Organizations Mentioned in NSR’s GSGS6

Astronics, Broadpeak, CGC, Cobham, Comtech, CPI, Echostar, Eutelsat, Forsway, GD Satcom, Gilat, Harris Corporation, Honeywell, Hughes, iDirect, Inmarsat, Intellian, Intelsat, Iridium, Jonsa, KNS, Kongsberg, Kratos, KVH, L3 Datron, Maxar Technologies, Microsoft Azure, ND Satcom, NEOTION, Newtec, Norsat, O3b, OneWeb, Orbcomm, Orbit, Orbital Systems, Panasonic, Qest, Quadrille, Satixfy, SES, Spacebridge, SpaceTrack, SpaceX, Starlink, Taznia, Tecom, Teledyne, Telesat, Terrasat Communications, Thinkom, Thuraya, UHP, ViaSat and Zodiac Aerospace

About NSR

NSR is the leading global market research and consulting firm focused on the satellite and space sectors, NSR’s global team, unparalleled coverage and anticipation of trends with a high degree of confidence and precision than the competition is the cornerstone of all NSR offerings. First to market coverage and a transparent, dependable approach sets NSR apart as the key provider of critical insight to the satellite and space industries.

Contact us at info@nsr.com to discuss how we can assist your business.

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