Cumulative 10-year revenue forecast for High Throughput Satellite to reach $85 billion by 2028 - Novaspace

Paris, Washington D.C., Montreal, Yokohama – In its latest research titled, Euroconsult projects that High Throughput Satellite (HTS) revenue will reach $15 billion by 2028 with aggregate capacity leasing revenue over the 10 year period reaching $85 billion by 2028. Demand will be driven by nine vertical markets for a 26 percent annual growth rate over the ten-year period covered in the report. Supply is expected to grow by 12 times between 2019 and 2024.