Satellite Industry Revenue Will Grow at about One Percent Annnually to 2024

Euroconsult estimates that the number of sites using  satellite backhaul nearly doubled from 2009 to 2014, reaching almost 19,000 sites, and projects that the number of sites will climb to approximately 37,000 sites by 2025.

According to Euroconsult, capacity revenues from cellular backhaul in fast growing economies could reach over $1 billion by 2025, up from around $550 million in 2014, corresponding to a six percent compound annual growth rate over the ten-year period between 2014 and 2025.

According to Euroconsult, the satellite  industry posted a revenue growth rate of 4.3 percent between 2010 to 2013 with 2013 showing clear signs of slowdown as grow was just two percent.

Sales in 2014 were flat at $12.3 billion.

While the market structure of the satellite industry remains concentrated with the top four operators generating 63 percent of industry revenues, it has become increasingly fragmented at the bottom, says Pacome Revillon, Euroconsult CEO.  "Nine new operators have emerged over 2010–2014; within the next four years, ten operators should enter the market by launching their first satellite."

Satellite industry revenues are expected to grow at a CAGR of one percent over the next 10 years, reaching over $12.3 billion by 2024.

Capacity revenues for mobile backhaul will be highest in Asia.

The research firm also projects a 14 percent compound annual growth rate (CAGR) of  traffic carried, reaching 150 Gbps by 2025.