Economy
Commercial Space Products and Services
2017 – Satellite Radio – Snapshot
Like satellite television, satellite radio also faces competition from over-the-air and internet-based providers. Despite this, SiriusXM Radio continued to increase revenues, reaching $## million in 2017, up from $## million in 2016.
2017 – Commercial Space Products and Services – Snapshot
In 2017, commercial space products and services generated $## billion in revenues, ##% more than 2016.
2014 – Positioning, Navigation, and Timing Services
More than ## billion smartphones incorporated location-based services (LBS) and applications in 2014, making these devices the most popular positioning, navigation, and timing (PNT) tools on the market. A recent market assessment provided by the European GNSS Agency (GSA) noted that the non-smartphone portion of the total ## billion PNT devices tended to be more specialized in nature, providing tools for surveying, transportation, agriculture, and infrastructure activities.
2015 – Satellite Radio
While multiple satellite radio companies have been started over the past decade, the only one currently operating is Sirius XM, based in the United States. Sirius XM had $## billion in revenue in 2015. The company has 29.6 million subscribers, and this is expected to grow, driven primarily by increasing sales of new cars. Three out of four new vehicles sold in the United States include a Sirius XM receiver and a free trial period, and ##% of those continue the service, becoming paying customers.
2015 – Satellite Television
Satellites in geostationary orbit are capable of broadcasting signals over very large areas, making them ideal for distribution of television and radio signals around the world. Digital TV Research Limited, a market research firm, estimated that global satellite television revenues would overtake global cable television revenues in 2015. Satellite television is the largest contributor to the commercial space products and services category, making up ##% of this sector.
2016 – Satellite Television – Snapshot
Satellites in geostationary orbit are capable of broadcasting signals over very large areas, making them ideal for distribution of television and radio signals around the world. Satellite…
2016 – Earth Observation – Snapshot
The commercial remote sensing industry was estimated at $## billion in 2016, up ##% from $## billion in 2015. Market research firm Northern Sky Research expects the sector to generate an aggregate $## billion over the decade leading up to 2025. Much of this growth…
2016 – Positioning, Navigation, and Timing Services – Snapshot
The geolocation and navigation sector makes up the largest portion of commercial space products and services, with estimated 2016 revenues of €## billion (US$## billion), according the European Global Navigation Satellite Systems Agency (GSA). As calculated in…
2016 – Satellite Communications – Snapshot
Communications satellites have traditionally been divided into two types: fixed satellite services (FSS) and mobile satellite services (MSS).
2016 – Satellite Radio – Snapshot
While multiple satellite radio companies have been started over the past decade, the only one currently operating is Sirius XM, based in the United States. Sirius XM had $## billion in revenue in…