Surging demand for satellite data services, Euroconsult forecast

SpaceNews: Euroconsult expects satellite communications services revenues to reach $1.2 trillion over the next decade, as growth in data services offsets declines in the video market.

“The total share of data in satcom services revenue is expected to grow from 15 percent to 42 percent by 2031,” Nathan de Ruiter, Euroconsult Canada managing director, said during the first day of the World Satellite Business Week conference here.

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