The growth of the segment is driven by the development of a large number of mini, micro, and nanosatellite programmes and increased demand for low-cost and...
Analyst Report
The study identifies the use of remote sensing satellites in mapping forest biomass as one of the reasons driving the remote sensing satellite market growth...
While pricing is beginning to stabilise, the mobility market is now seeing pricing erosion in the short term, due to the Covid-19 pandemic and its impact on...
North America is anticipated to dominate the market studied, during the forecast period, due to the highest number of ongoing research studies and investments...
The revenue generated from various applications developed using earth observation satellite imagery is expected to grow to nearly $2.2bn by 2029.
The report also said the market was worth $3.07bn and will exhibit a CAGR of 18.99% during the forecast period, 2020-2027.
The research confirms the telecommunications services market is among the most resilient sectors of the global economy in the Covid-19 era.
Frequent launching of communications satellites by public and private space agencies is expected to propel the market growth.
The average monthly fee of postpaid 5G cellular bundles with 100 GB data allowance reached around $124.8.
