According to the report, the government space budget driven by space exploration and militarization will reach $1tn over the decade.
Euroconsult
According to the report, over half of the 17,000 satellites will be launched by OneWeb, Starlink, Gwo Wang, Kuiper and Lightspeed.
According to the research, 43m people were connected to broadband via satellite, and this number is expected to grow to 110m in 2029.
Despite Covid-19 impacting some segments of the commercial space market, revenues in this sector have surpassed 310bn, according to the analyst.
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