Economy
Commercial Space Products and Services
2016 – Commercial Space Products and Services – Snapshot
The Commercial Space Products and Services section captures the sale of products and services enabled by space assets – such as telecommunications and broadcasting; positioning, navigation, and timing; and Earth observation. This sector increased ##% from $## billion in 2016 to $## billion in 2017.
2015 – Satellite Radio
While multiple satellite radio companies have been started over the past decade, the only one currently operating is Sirius XM, based in the United States. Sirius XM had $4.57 billion in revenue in 2015.
2015 – Satellite Television
Satellites in geostationary orbit are capable of broadcasting signals over very large areas, making them ideal for distribution of television and radio signals around the world. Digital TV Research Limited, a market research firm, estimated that global satellite television revenues would overtake global cable television revenues in 2015. Satellite television is the largest contributor to the commercial space products and services category, making up 77% of this sector.
2015 – Positioning, Navigation, and Timing Services – Snapshot
The geolocation and navigation sector makes up the largest portion of commercial space products and services, with estimated 2015 revenues of €74.71 billion (US$83.3 billion), according the European Global Navigation Satellite Systems Agency (GSA). As calculated in euros by GSA, this is 12.0% more than the €66.71 billion (US$91.3 billion) in revenue seen in 2014. Geolocation…
2015 – Earth Observation – Snapshot
The commercial remote sensing industry was estimated at $2.47 billion in 2015. Market research firm Northern Sky Research expects this to grow to $4.5 billion by 2024. Much of this growth will be driven by the information products segment of the industry, which is taking advantage of higher resolution imagery and big data analytics products.
2015 – Satellite Communications – Snapshot
Operators of communication satellites lease satellite capacity to satellite broadcasting companies, making the provision of these services possible. For example, DISH Network accounted for nearly a third of Hughes Network’s total revenue in 2015. Satellite communications also include two-way data, voice, and video connections. Revenues for the satellite communications segment in 2015 were…
Economy: Space Economy – TSR 2015
2014 – Earth Observation
Earth observation (EO), remote sensing (RS), and satellite imagery services constituted ## of the nearly ## satellites successfully launched and deployed during 2014. The most recent estimate provided by consulting firm Northern Sky Research (NSR) showed EO service revenues climbing to an estimated $## billion in 2013. Overall growth has slowed, dropping below the CAGR achieved by the EO market from 2007 to 2012. The largest revenue growth occurred in defense and intelligence, but services—including insurance, tourism, and news media applications—grew at the fastest rate. In late 2014, NSR predicted the satellite EO market would grow to $## billion by 2023.
2014 – Satellite Communications
Satellite communications segment revenues for 2014 rose slightly to $## billion, ##% higher than the $## billion in revenue for 2013. Although broadcasts from satellites are a form of satellite communications, for the purposes of this report satellite communications are two-way transmission links between users and the satellites themselves. The links transmit data, voice, and video—although the distinction between…
2014 – Satellite Television
DTH television continues to be the biggest single revenue contributor in the commercial space products and services market, providing ##% of the market’s revenues in 2014, estimated at $## billion. Two U.S. DTH providers, DIRECTV and DISH Network, earned ##% of 2014’s total estimated DTH television revenues. Combined, the total revenue for the two companies increased by #%, from $## billion in 2013 to $## billion in 2014. The remaining $## billion was generated by DTH providers in other regions.