Significant Growth & Consolidation Expected in Maritime Sector in the Coming Years - Novaspace

Paris, Washington D.C., Montreal, Yokohama- According to Euroconsult's newly published report, the value of the global maritime satellite communications market will double over the next decade, with a CAGR of 6% in terminals and 8% in revenue over the 10-year period. Ever-increasing data communications needs and the massive launch of new generation High Throughput Satellite (HTS) systems are expected to drive both the growth in the market and consolidation in the value chain.