Smaller, Faster, Smarter: an alternative view to the European Space challenge
SpaceWatchGL: Europe and US Finding: a tenfold difference.
The Euroconsult Group is the leading global strategy consulting and market intelligence firm specialized in the space sector and satellite enabled verticals. Privately owned and fully independent, we have forty years of experience providing first-class strategic consulting, developing comprehensive market intelligence programs, organizing executive-level annual summits and training programs for the satellite industry. We accompany private companies and government entities in strategic decision making, providing end-to-end consulting services, from project strategy definition to implementation, bringing data-led perspectives on the most critical issues. We help our clients understand their business environment and provide them with the tools they need to make informed decisions and develop their business.
Who we are and who we aspire to be
Providing independent assessments and decision-making assistance to the institutional, industrial, and financial organization in the entire space value chain and satellite enabled vertical markets is at the core of our business. Euroconsult is the reference for high-quality market knowledge worldwide, be it market intelligence, training, c-level events, or consulting.
Governments’ investment in space activities are increasing and shall reach $100 billion by the end of this decade.
Ground segment consolidates the assets being used on Earth to operate, send and collect information streams from satellite systems.
The New Space regroups all the disruptive concepts and organizations that aim at developing new space activities or at transforming existing space infrastructure and services.
The Space Industry as defined here includes all the companies involved in the development of space assets, and of solutions to access to space.
SpaceWatchGL: Europe and US Finding: a tenfold difference.
Paris, Washington D.C., Montreal, Yokohama, Sydney, May 4, 2023. With the most serious restrictions of COVID-19 now generally in the rearview mirror, leading market intelligence firm Euroconsult estimates that maritime connectivity sectors have mostly recovered from the pandemic’s influence on supply chains and vessel activity at the end of 2022. According to Euroconsult’s forecasts, maritime satellite communication operators are expected to surpass $1.1 billion in revenues by 2032 at a 7% CAGR over the decade. Though some service providers will see a fall in their average revenue per unit (ARPU), total service revenues are expected to grow at a similar CAGR, falling slightly short of $3 billion by 2032.
Your monthly walk-through of a selection of 3 space industry key performance indicators or events derived from Euroconsult’s latest Space Market Monitoring (SpaMM) report issue.
Expert due diligence in space & satellite sector. Since 1996, Euroconsult regularly advises satellite operators, service providers, industrial players and investors on commercial due diligence analysis required for major transactions.
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