4 Trends Impacting Future Comm
The Growing Use of Smallsats - Small satellites , or smallsats , offer the promise of advance capabilities at a lower cost and at a lower overall mass ( reducing per-satellite launch costs ). Companies are developing increasingly advanced smallsats with a host of use cases , including telecommunications , remote sensing , weather monitoring , and internet-of-things applications . Over 10,000 smallsats are planned for the next decade .
Expanding Use of Smallsat Launch Vehicles - The significant increase in planned smallsats has been accompanied by an increase in planned launch vehicles for them : over 40 dedicated smallsat launch vehicles are in some phase of development .
$ 95b , 9.02 %
$ 52b , 4.94 %
$ 117b , 11.11 % $ 412b , 39.13 %
$ 181b , 17.19 %
The Global Space Economy was worth an estimated $ 423.8 Billion in 2019 and is predicted to grow to more than $ 1 Trillion dollars by 2040 .
$ 196b , 18.61 %
Internet Ground Equipment Government Consumer TV Consumer Broadband Other
Source : Morgan Stanely and Bryce Space and Technology
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