Growth on the radar
This declining industry has faced mounting pressures from competing and substitute technologies and falling demand for telecommunications and satellite services. However, over the next five years, the industry will likely enter a growth phase as a result of improved industry profitability, new entrants to the market and an increase in the number of satellites in operation, which will stimulate demand. Telecommunications companies will particularly take advantage of satellite services, in order to boost their profitability.
Industry operators provide specialized satellite telecommunication services. Satellite applications provided include telemetry, tracking and control services (TTC), as well as the operation of radar stations and satellite terminal stations. The industry is not involved in the actual provision of satellite telecommunication services but works closely with those that are reflecting the high level of interdependence between the various components of the telecommunications sector.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.